Offered at $640,000, this fully leased eight-unit portfolio includes two centrally located multifamily properties in Mankato, MN. The unit mix features studios, one-bedrooms, two-bedrooms, and a spacious four-bedroom unit. 509 S Broad includes six units (studios, 1BRs, and 2BRs), while 315 E Cherry is a duplex with a 1BR and a 4BR unit. Located near downtown amenities, major employers, and public transit, the properties enjoy strong rental demand and stable occupancy. The current monthly rent roll totals $6,490. Since early 2025, new professional management has implemented operational improvements focused on reducing expenses and increasing NOI. Unit Mix: 509 S Broad St (6 Units): Studios, 1BRs, and 2BRs ---- 315 E Cherry St (2 Units): 1BR and 4BR duplex