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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 utilities, helping minimize ownership expenses. Electricity is separately metered, while gas, water/sewer, and refuse expenses are allocated between the units according to their leases. Additional highlights include beautiful original-style woodwork, spacious living areas, a covered porch, upper-level balcony, detached garage, additional outbuilding, and generous yard space. With extensive renovations, major improvements already completed, and established rental income, this property offers an outstanding opportunity to own a well-maintained, income-producing duplex in Mankato! Schedule your private showing today! 24 hour notice for showings.

Property Details of 722 N Broad Street

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Listed by ZAC MURRA of AMERICAN WAY REALTY (Main: 507-345-4040)

 Based on information submitted to RASM as of October 23, 2026 8:57 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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