8-Unit Apartment
For Sale
$2,000,000
415 S Broad Street, Mankato, MN 56001
COMMERCIAL, Mankato, MN
Property SizeContact for details
Days on Market98
Property Features for 415 S Broad Street
General Information
Property type
Commercial Sale
Property subtype
Other
Elementary school district
Mankato #77
Middle school district
Mankato #77
High school district
Mankato #77
Subdivision
MANKATO CENTRAL
Standard status
Active
APN
R01.09.18.176.011
Taxes and HOA fees
Tax Year
2026
Tax Description
WARRENS ADD 003 010 00
Tax Annual Amount
21668
Legal Description
WARRENS ADD 003 010 00
Utilities
Heating system
Oil
Building Details
Year built
1900
Listing Agency:
Keller Williams Premier Realty · Keller Williams Realty
(504) 742-4442
Listed By:
SHAWNA WOLFE · License #20215401
(507) 420-1877
Added: Jun 30
Changed: Sep 5
Last Checked: Oct 5 at 4:06PM
MLS# 267041075
Copyright © 2026 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 8-unit apartment property at 415 S Broad Street in Mankato includes a mix of four- and five-bedroom residences. The larger unit layouts provide multiple-bedroom living arrangements suited to households and shared occupancy. The building was constructed in 1900 and uses oil heating.
The property is near local amenities, transit routes, and Minnesota State University, Mankato. All units are leased through July 14, 2027, providing an established occupancy profile for the current ownership period.
The property is near local amenities, transit routes, and Minnesota State University, Mankato. All units are leased through July 14, 2027, providing an established occupancy profile for the current ownership period.
Key Highlights
- 8‑unit apartment property
- Mix of 4- and 5‑bedroom units
- Fully leased through 7‑14‑2027
Property Analytics
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Current Use
Lease Details
8
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,673
Businesses Nearby
Explore this area
Business Placement
Demographics for 56001, MN
50,729
Population
21,583
Households
2.4
Avg Household Size
30
Median Age
37%
College-Educated
94%
High-School Grad
114.5 sq mi
ZIP Area
443
Density / Sq Mi
$67,224
Median Household Income
$29,122
Median Earnings
$1,088
Median Rent
$263,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased through July 14, 2027, with four- and five-bedroom units near Minnesota State University, Mankato.
Where is this apartment building located?
The property is located at 415 S Broad Street Mankato, MN.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 8‑unit apartment property; Mix of 4- and 5‑bedroom units; Fully leased through 7‑14‑2027
