303 N Broad Street Mankato, MN 56001
For Sale MLS# 7039998
5 beds 4 baths Multi-family
Details for 303 N Broad Street
MLS# 7039998
Description for 303 N Broad Street, Mankato, MN, 56001
Owner occupants are welcome. Bottom two units will be available in August. Turnkey 4-unit investment opportunity in the heart of downtown Mankato. This 4,000+ sq ft property includes one 2-bedroom unit and three 1-bedroom units, all with full bathrooms, generating $3,075/month in rental income. Tenants pay electric and Wi-Fi, helping offset owner expenses. Newer roof (2019). The 2-bedroom unit features a dishwasher, and all units offer some cosmetic updates. Additional highlights include shared on-site laundry on first floor, tall/vaulted ceilings, and two porches for extra storage. Located just minutes from downtown amenities, this property offers strong rental appeal and consistent occupancy potential. 24-hour notice to tour. Call for a private showing.
Listing Information
Property Type: Multi-family, 4-plex
Status: Active
Bedrooms: 5
Bathrooms: 4
Lot Size: 0.15 Acres
Year Built: 1885
Foundation: 1,479 sq ft
Stories: 2 Story
Construction: Frame/Wood
Number Of Units Total: 4
County: Blue Earth
Days On Market: 68
Construction Status: Previously Owned
School Information
District: Mankato #77
Interior Features
Square Footage above: 4,019 sq ft
Basement: Stone, Partial
Additional Interior Features: Mechanicals - Water Heater - Gas
Utilities
Water: City
Sewer: City
Heating: Natural Gas, Boiler
Exterior / Lot Features
Open Parking: 2
Parking Description: Detached
Exterior: Brick
Roof: Asphalt Shingles
Lot Dimensions: 104 x 66
Additional Exterior/Lot Features: Driveway - Concrete, Corner Lot, Paved Streets, Tree Coverage - Light, Road Frontage - City
Community Features
Community Features: Storage
Driving Directions
Park on Broad or Plum St. and enter through front door on Broad St. side.
Financial Considerations
Terms: Cash,Conventional
Tenant Pays: Electric
Owner Pays: Maint/Repair,Water/Sewer
Tax/Property ID: R010907456013
Tax Amount: 5520
Tax Year: 2026
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 303 N Broad Street
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 303 N Broad Street
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
Coming soon properties will soon be on the market, but are not yet available for showings.