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    Montevideo, MN
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    Montevideo, MN Apartment Buildings for Sale

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    Montevideo Multifamily Investment Opportunity
    Updated: Feb 6
    Montevideo Multifamily Investment Opportunity

    215 S 5th St, Montevideo, MN 56265

    $899,900
    8,619 sqft
    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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.

    Opportunities in Nearby Cities

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

    Two-Building Apartment Income Property
    Two-Building Apartment Income Property

    815-819 13th Street S, Saint Cloud, MN 56301

    $870,000
    7,050 sqft

    St. Cloud State area two-building property with 12 total units, coin laundry, and 16 garages.

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    New Apartment Building in Watertown
    New Apartment Building in Watertown

    315 E Kemp Ave, Watertown, SD 57201

    Contact for pricing
    95,544 sqft

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

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    Furnished Multifamily Apartment Building
    Furnished Multifamily Apartment Building

    309 8th Ave SE, Watertown, SD 57201

    $2,700,000

    Multifamily property with 45 modern furnished units offering short- or long-term leasing flexibility.

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    Professionally Managed Multifamily Fractional Interest
    Professionally Managed Multifamily Fractional Interest

    700 14th Street S, Saint Cloud, MN 56301

    Contact for pricing

    Fractional ownership interest in 300 professionally managed apartment units across three campuses in central Minnesota.

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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, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

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    Commercial Buildable Land Parcel
    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
    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
    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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    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
    Multifamily properties

    1806 Lincoln Ave, Montevideo, MN 56265

    Value Estimation by Request
    5,800 sqft
    View details

    Montevideo, MN Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Montevideo, MN on our real estate platform. These investment opportunities span a total of 8,619 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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    Demographics Overview

    Population 7,433
    Population Growth (5Y) +1.5%
    Median Household Income $72,564
    College Educated 28.8%

    High-Yield Neighborhoods for Investment

    Identify Montevideo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    56265 $924.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.86%
    Property Tax per SF $44.77 per SF
    Average Loan-to-Value 65.0%

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