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.
Active
$250,000
616 N Broad St, Mankato, MN 56001
4beds
2,358sqft
Multi Family
Built in ----
-- sqft lot
$246,200 Zestimate®
$106/sqft
$-- HOA
What's special
Historic charmDistinctive spireRich original woodworkArchitectural detailsLarge backyardRare triple detached garageImpressive original brick exterior
- 64 days
- 525
- 31
Zillow last checked:
Listing updated:
Listed by:
MICHELLE STARKEY,
True Real Estate
Source: RASM,MLS#: 267041113
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: 2500
- Road surface type: Curb/Gutters
Estimated market value
$246,200
$234,000 - $259,000
$1,427/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Listed for sale | $250,000+26.6%$106/sqft |
Source: | ||
| 1/20/2022 | Sold | $197,500-5.9%$84/sqft |
Source: Public Record Report a problem | ||
| 11/30/2021 | Listed for sale | $209,900$89/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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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Neighborhood: 56001
Nearby schools
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.






