Tucked away on a cul-de-sac in the heart of Mankato, this rare and versatile investment opportunity is packed with character, space, and endless potential! Situated on TWO parcels, this expansive 4 bedroom, 2 bathroom property offers an incredible blend of charm and functionality with soaring tall ceilings, spacious rooms, and abundant natural light throughout. The home features updated appliances, generous living areas, and a flexible floor plan perfect for investors, owner-occupants, or multi-generational living. With kitchens already located on both the main and second floors, the property has excellent duplex potential with the simple addition of a couple doors, creating an outstanding opportunity for separate living spaces. Outside, you'll love the backyard offering endless room for entertaining, gardening, or future expansion, along with a large back deck perfect for summer gatherings and relaxing evenings. A detached garage adds even more convenience and storage space. Located close to shopping, restaurants, parks, and schools, this unique property combines investment potential, classic character, and everyday functionality all in one impressive package!