722 N Broad Street, Mankato, MN 56001 - MLS# 7164120
$374,900
Fantastic investment opportunity! This extensively renovated up-and-down duplex offers an exceptional combination of modern updates, classic charm, and established rental income! Currently generating $3,520 per month ($42,240 annually) from the two residential units and garage rentals, this property is an excellent opportunity for investors looking to expand their portfolio. Featuring a spacious 3-bedroom upper unit and 2-bedroom main-floor unit, the property offers over 2,600 square feet of living space. The upper unit was completely remodeled in 2026, while the main-floor unit received a beautifully remodeled kitchen and bathroom. Additional 2026 improvements include all-new exterior vinyl siding, windows, kitchen appliances, updated electrical throughout the upper unit and portions of the main floor, and a new stackable washer and dryer upstairs. Other major improvements include a new roof in 2023 and a new boiler in 2022. Both units feature portable air conditioning, and tenants are responsible for all
Interior Information
Size & Levels
Exterior & Parking
Lot & Utilities
Financial & Tax Information
Schools
Questions and Answers
How much is 722 N Broad Street?
722 N Broad Street in Mankato, MN, is listed at $374,900 as of Nov 1, 2026 ($127 per finished square foot and 10 days on market).
What school district is 722 N Broad Street in?
The MLS lists the school district as Mankato (ISD 77). Confirm enrollment with the district.
What are the property taxes for 722 N Broad Street?
Property taxes are $3,914 for 2026, or $3,934 including special assessments. No special assessments are pending.
How do I schedule a showing of 722 N Broad Street?
Call Pederson Realty anytime at 612-356-2121 to ask about this home, schedule a showing, or be connected to an agent. You can also contact the agent shown on this page or use the Tour in Person button. We can usually set up a showing within a day.
