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  • $250,000

    616 N Broad St, Mankato, MN 56001

    4beds
    2,358sqft
    : 
    $1,656/mo
    Get pre-qualified
    Multi Family
    Built in ----
    -- sqft lot
    $246,500 Zestimate®
    $106/sqft
    $-- HOA

    What's special

    Historic charmDistinctive spireRich original woodworkArchitectural detailsLarge backyardRare triple detached garageImpressive original brick exterior
    Here's your opportunity to own a character-filled investment property with timeless curb appeal and solid updates. This spacious up/down duplex features an impressive original brick exterior, stunning woodwork, and architectural details that are hard to find—including a distinctive spire that makes this property an unforgettable local landmark. Each spacious unit offers 2 bedrooms, 1 bathroom, separate utilities, and its own washer and dryer, making management simple and convenient for both owner and tenants. Rich original woodwork, tall ceilings, and historic charm create inviting living spaces that tenants will appreciate. Outside, you'll find a large backyard and a rare triple detached garage, providing plenty of parking and storage. Major improvements have already been completed, including newer windows, roof, and gutters—all approximately four years old. The iconic spire was professionally painted at the same time, and the interior was refreshed with updated ceiling fans and light fixtures throughout. A walk-up attic provides exceptional storage and offers future potential. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this well-maintained duplex blends historic character with practical updates and strong income-producing potential. Opportunities to own a property with this much charm, space, and architectural presence don't come along often.
    18 days
    |
    784
    |
    64
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    MICHELLE STARKEY,

    True Real Estate

    Source: RASM,MLS#: 267041113MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Unit 1: Window Unit(s), Unit 2: Window Unit(s)
      Appliances
      • Included: Dryer, Range, Refrigerator, Washer, Range/Stove, Electric Water Heater, Individual Water Heaters
      • Laundry: Unit 1: Washer/Dryer Hookups, Unit 2: Washer/Dryer Hookups
      Features
      • Unit 1: Eat-In Kitchen, Natural Woodwork, Unit 2: Eat-In Kitchen, Natural Woodwork
      • Basement: Unfinished,Stone,Full
      • Attic: Walk-up Attic
      • Has fireplace: Yes
      Interior area
      • Total structure area: 3,537
      • Total interior livable area: 2,358 sqft
      • Finished area above ground: 2,358
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: Concrete, Detached, Garage Door Opener, On Street, Off Street, # On Street Prkng Sp (L)
      • Garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Porch
      Lot
      • Size: 6,534 Square Feet
      • Dimensions: 40 x 158
      • Features: Tree Coverage - Medium, Paved
      Details
      • Foundation area: 1179
      • Parcel number: R010907409017

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame/Wood, Brick
      • Roof: Asphalt
      Condition
      • Previously Owned
      • New construction: No

      Utilities & green energy

      • Sewer: City
      • Water: Public
      • Utilities for property: Underground Utilities

      Community & HOA

      Location
      • Region: Mankato

      Financial & listing details

      • Price per square foot: $106/sqft
      • Tax assessed value: $225,600
      • Annual tax amount: $3,322
      • Date on market: 8/5/2026
      • Listing terms: Cash,Conventional
      • Total actual rent: 2400
      • Road surface type: Curb/Gutters

        Estimated market value

        $246,500

        $234,000 - $259,000

        $1,163/mo

        Price history

        DateEventPrice
        8/5/2026Listed for sale$250,000+26.6%$106/sqft
        Source: RASM #267041113 Report a problem
        1/20/2022Sold$197,500-5.9%$84/sqft
        Source: Public Record Report a problem
        11/30/2021Listed for sale$209,900$89/sqft
        Source: RASM #7028700 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,392 +5.6%$225,600 -7.9%
        2024$3,212 +9.8%$245,000 +3.4%
        2023$2,924 +11.9%$236,900 +15.6%
        2022$2,612 +2.6%$205,000 +21.6%
        2021$2,546 +4.9%$168,600 +8%
        2020$2,428 $156,100
        2019$2,428 -20.3%$156,100 -5.9%
        2018$3,048 +2.9%$165,900 +2.6%
        2017$2,962 +8.7%$161,700 +6.4%
        2016$2,726 +10909.7%$152,000 +6.8%
        2015$25 -98.9%$142,300 +4%
        2014$2,308 $136,800
        2013-- $136,800 +24.6%
        2012-- $109,800 -9.2%
        2011-- $120,900
        2010-- $120,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 56001

        Getting around

        86 / 100
        Very Walkable
        76 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Mankato #77

        Source: RASM. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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