616 N Broad St

26 photos

Photos courtesy of True Real Estate - Broker, via Realtor.com.

Needs more info before these numbers mean much. no rent estimate yet

No rent estimate yet, so the numbers can't be run. Run it yourself in the calculator →

From the listing

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.

Listing courtesy of True Real Estate - Broker (Michelle Starkey). Description from Realtor.com, MLS #267041113. Believed reliable but not guaranteed; confirm with the listing agent. View on Realtor.com ↗

Red flags and opportunities

Watch for

mediumCouldn't match this address to a county parcel record, so taxes and unit count are unverified. Public record: County parcels: no match for 616 BROAD ST N

Opportunities

None found.

Questions for the agent

Can we see the current leases and a rent roll, with move-in dates?
What did water/sewer/trash, heat and electric cost the owner over the last 12 months?
How old are the roof, boiler or furnaces, water heaters and electrical panels?
Is the building licensed as a rental for this many units, and when was the last city inspection?
Any special assessments pending, and will the seller pay them off at closing?

Standard questions worth asking about any building.

What the records say

Where each number comes from

Status history

2026-08-05New at $250,000

From the listing Listing

Listed as	multi-family
Property tax, 2026	$3,322
County	Blue Earth County
Parcel number	R01.09.07.409.017

As the listing states it (NorthstarMLS, via Realtor.com). We don't have county records here yet; check the tax, homestead status and special assessments with the county.

Crime, rental-license and vacant-building records are only available for St. Paul and Minneapolis so far. Check with Mankato on rental licensing before you buy.