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Montevideo, MN Apartment Buildings for Sale

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Multifamily Property with Historic Charm
$899,900
0.53 Acres

Multifamily Property with Historic Charm

215 S 5th Street, Montevideo, MN 56265

Well-maintained 9-unit multifamily property with historic charm and modern updates.

  • Strong 7% Cap Rate for Stable Income
  • Nine Units in Two Buildings on One Parcel
  • Renovated Units with Updated Interiors
  • Historic Charm Blended with Modern Updates
  • On‑Site Amenities: Coin Laundry, Three‑Car Garage, Ample Parking, Fenced Yard
Updated: Jan 16
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Montevideo Multifamily Investment Opportunity
$924,900
8,619 SF

Montevideo Multifamily Investment Opportunity

215 S 5th St, Montevideo, MN 56265

Nine-unit multifamily property in Montevideo's stable rental market.

  • High Cap Rate: Approximately 7+% cap rate indicates strong current income.
  • Stable Rental Market: Montevideo's diverse economy ensures consistent demand.
  • Limited Competition: Low vacancy rates and limited competing inventory in Montevideo.
  • Prime Location: Situated in an established residential neighborhood near downtown, schools, parks, and major employers.
  • Desirable Amenities: Offers off‑street parking and on‑site laundry.
Updated: Feb 6
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Montevideo, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Slayton Senior Apartment Building
$650,000
0.88 Acres

Slayton Senior Apartment Building

Well-maintained 32-unit senior apartment building with HUD contract.

3200 Maple Avenue, Slayton, MN 56172
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23-Unit Apartment Building Investment
$700,000
0.88 Acres

23-Unit Apartment Building Investment

23-unit apartment building in Slayton, MN with cash flow potential.

3200 Maple Avenue, Slayton, MN 56172
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Historic Mixed-Use Building For Sale
$359,900
6,000 SF

Historic Mixed-Use Building For Sale

Mixed-use building with commercial tenants and residential apartments.

15 1st Ave SE, Watertown, SD 57201
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New Apartment Building in Watertown
Contact for pricing
95,544 SF

New Apartment Building in Watertown

63-unit apartment building, 90% complete, in Watertown, South Dakota.

315 E Kemp Ave, Watertown, SD 57201
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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.

Prime Development Land Opportunity
$2,750,000
29.20 Acres

Prime Development Land Opportunity

29.2 acres of retail-zoned land in Springfield, Missouri.

N West Bypass, Springfield, MO 65802
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Norman Land For Luxury Condos
$285,000
0.74 Acres

Norman Land For Luxury Condos

Prime Norman land suitable for luxury condos development.

801 NW 36th Avenue, Norman, OK 73072
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Buildable Lot for Luxury Condos
$285,000
0.74 Acres

Buildable Lot for Luxury Condos

0.74 acre buildable lot zoned for low-density apartments.

801 36th Ave NW, Norman, OK 73072
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Entitled Multifamily Development Opportunity
$3,250,000
0.83 Acres

Entitled Multifamily Development Opportunity

Permitted 50-unit multifamily development with retail space for sale.

403 N River St lot: 403, 417, & 419, Hailey, ID 83333
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Explore Off-Market Properties in Montevideo, MN

Consider similar Off-Market properties in Montevideo, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1806 Lincoln Ave

1806 Lincoln Ave

Multifamily properties • 5,800 SF
Value Estimation by Request
1806 Lincoln Ave, Montevideo, MN 56265
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Montevideo, MN Apartment Buildings Investment Opportunities Market Analysis

Explore 3 apartment buildings for sale in Montevideo, MN on our real estate platform. These investment opportunities span a total of 23,000 square feet of properties for sale, with an estimated market value of $899,900.

Sale prices for two-family homes in Montevideo, MN start at $899,900, averaging $899,900, and reaching up to $899,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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