Madison, MN Apartment buildings for sale

Updated: Dec 24, 2025

Two-Building Apartment Community

207 and 213 9th Avenue, Madison, MN 56256

$980,000

23,968 sqft

Two‑building multifamily property built in 1976 with 24 total apartments
Unit mix: 3 one‑bedroom and 21 two‑bedroom apartments
Interiors updated in 2019 with new toilets, flooring, carpets, and sliding glass doors
Main level includes an outside patio; upper level features decks
Coin‑operated laundry with a laundry room and coin‑op machines on site

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Madison, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic School Condominium Complex

109 E Luverne Street #Units 101-336, Luverne, MN 56156

$1,750,000

75,000 sqft

Well-maintained 32-unit condominium complex in a repurposed historic school building with 1–3 bedroom units.

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Sioux Falls Multifamily Investment

1311 N Cleveland Ave, Sioux Falls, SD 57103

Contact for pricing

107,368 sqft

Garden-style apartment community in Sioux Falls, South Dakota.

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Townhome-Style Multifamily Community

4601 East 3rd Street, Sioux Falls, SD 57110

Contact for pricing

Two-story rental community with private entrances, eat-in kitchens, patios or yards, and detached single-stall garages.

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New Multifamily Property with Amenities

120 W Hatting St, Luverne, MN 56156

Contact for pricing

Multifamily property built in 2023 with assumable HUD loan.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000

0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000

0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000

3.70 AC lot

Prime land near Shepherd University with development potential.

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Madison, MN Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Madison, MN on our real estate platform. These investment opportunities span a total of 23,968 square feet of properties for sale, with an estimated market value of $980,000.

Sale prices for two-family homes in Madison, MN average $980,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
56256	$980K

Neighborhood

Average Price

56256

$980K

Madison, MN Apartment Buildings for Sale

207 and 213 9th Avenue, Madison, MN 56256