416 State St, Mankato, MN 56001

Charming 4-Bedroom Home with Duplex License – Full of Character and Versatility! Step into timeless charm with this spacious 4-bedroom, 2-bath home built in 1908, thoughtfully maintained and licensed as a duplex. Whether you're looking for an investment opportunity or a unique single-family home with flexible living space, this property is packed with potential. Inside, you’ll find large, light-filled rooms brimming with character. The main level features a formal dining room, fireplace, a cozy breakfast nook—perfect for your morning coffee or a good book—and a full bath. The kitchen has much cupboard space, light detail in the highest level of the cabinets, and a lovely front addition, previously used as an office, offers extra living or workspace. Upstairs boasts a generous family/living room with an abundance of natural light thanks to numerous windows. This level also includes two bedrooms, a full bathroom, and access to a spacious attic that’s been used for storage. Other highlights: Full, unfinished basement with a workbench and two additional flex rooms. Shared main-level laundry (Maytag washer/dryer) with side entrance access. Single-stall garage + paved off-street parking. Storage shed in back (includes 3 window A/C units). Owner freshly landscaped yard/around home. Lovely mature trees provide shade and beauty. New windows installed from 2016–2023 (30 double hung windows) roof replaced in 2010, remodeling updates in 2008 include added front porch, removed cast iron piping, installed new sewer lines to street, added retaining wall-steps in back of home, replaced gravel with asphalt to improve the driveway and parking, installed separate utility meters for each unit. This home is ideally located near West High School, DQ, shopping, parks, places of worship, and bike-friendly sidewalks. A perfect blend of history, function, and future potential—this home is ready to welcome its next chapter! Property is vacant buyer can determine the rental rate and terms. Suggested rental rate $1400 per month for each floor.