Today, the advent of radar sensing in applications requiring ever higher precision, such as automotive and industrial monitoring, needs the development of systems with superior resolution, stability and accuracy on 2D/3D spaces. Multiple-input-multiple-output (MIMO) radar systems have been studied for more than twenty years, proving to achieve excellent resolutions by merging simultaneous observations from sparse multiple radars. In addition, long-term frequency/phase coherence among distributed signals to and from remote and widely distributed radar frontends, enables a centralized architecture where, in a common base station (BS) site, all the received signals can be coherently processed in synergy, allowing to further improve detection, localization, and imaging capabilities. Radio-over-fiber (RoF) solutions represent an enabling technology for guaranteeing coherence among all radar signals coherently generated in the BS and distributed/collected to/from the radar heads by means of optical fiber links. Despite the unprecedented frequency-agility provided by photonics-based radiofrequency (RF) up-/down-conversion in the optical domain, for applications requiring massive low-cost production and power efficiency, such as advanced driver-assistance systems, it might be convenient to transmit and receive conventionally generated RF signals, and to limit the use of photonics, as in RoF, to RF signal distribution through cheap high-capacity optical links, in order to avoid EM interference, minimize loss, signal distortion and link encumbrance, still keeping the coherence among distributed signals. In this work, we present a MIMO radar-over-fiber (RaoF) network, where a common BS transmits and receives RF signals through optical standard single-mode fiber (SSMF), to and from two remote radar transmitters (TXs) and four receivers (RXs), all remote with respect to the BS and distributed on a 3 m-long baseline, and employing cheap patch antennas. Electro-optic conversion is achieved through direct modulation (DM) of low-cost, power-effective, and high-speed vertical-cavity surface-emitting lasers (VCSELs) working in the 1.3 µm-wavelength regime. Such a wavelength ensures propagation over SSMF with negligible distortions up to the km-range. The system is tested in a down-scaled indoor scenario and an RF carrier of 8.5 GHz is used, due to the limited frequency response of the employed VCSELs. System performance is evaluated with 1.4 GHz-bandwidth signals, comparing non-coherent and coherent signal elaboration. In addition, dual-band operation in the same RF region is tested, confirming that VCSEL-based optical links are a viable way to guarantee phase coherence among the distributed signals and among multiple frequency bands. Coherent MIMO processing also confirm the potential to achieve superior range and cross-range resolution than non-coherent data fusion.