8-Unit Multifamily
For Sale
$2,000,000
415 S Broad Street, Mankato, MN 56001
COMMERCIAL - Mankato, MN
Property SizeContact for details
Days on Market44
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: Aug 4
Last Checked: Aug 12 at 3:06AM
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 well-maintained 8-unit multifamily building offers a mix of 4- and 5-bedroom apartments. The property is currently fully leased through July 14, 2027, supporting streamlined occupancy planning. Heating is provided by oil.
The building is located at 415 S Broad Street in Mankato, MN 56001, in Nicollet County. It is described as being close to local amenities, transit routes, and Minnesota State University, Mankato.
Built in 1900, the asset is positioned for tenants seeking larger-bedroom living within a single property configuration.
The building is located at 415 S Broad Street in Mankato, MN 56001, in Nicollet County. It is described as being close to local amenities, transit routes, and Minnesota State University, Mankato.
Built in 1900, the asset is positioned for tenants seeking larger-bedroom living within a single property configuration.
Key Highlights
- 8‑unit multifamily with a mix of 4- and 5‑bedroom apartments
- Fully leased through July 14, 2027
- Oil heat
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 8-unit multifamily with 4- and 5-bedroom apartments and oil heat, fully leased through July 14, 2027.
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 multifamily with a mix of 4- and 5‑bedroom apartments; Fully leased through July 14, 2027; Oil heat
