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Duplex with Separate Meters
For Sale
$139,000

111 Coleman Avenue, Montevideo, MN 56265

Residential Income, Montevideo, MN

Property Size1,170 SF
Lot Size0.19 Acres
Price / SF$118.80
Days on Market57

Property Features for 111 Coleman Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential-Multi-Family
Bedrooms 14
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 7, Bedroom 13, Bedroom 8, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 2, Bathroom 4, Bedroom 10, Bedroom 3, Bathroom 1, Bedroom 9, Bedroom 14, Bedroom 11, Bedroom 12, Bedroom 6
Parking features Garage - Detached, Driveway
Exterior features Vinyl
Subdivision Olson 1st Add
High school district Montevideo
Directions From the corner of Hwy 212 & 7, turn onto South !st Street and take an immediate turn onto Gravel Road, heading south. Follow Gravel Road around the curve and turn onto Coleman Avenue. Go 1/2 block, and property will be on north side of street.
Standard status Active
APN 703700180
Size 1,170 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2140

Utilities

Heating system Baseboard, Forced Air

Amenities

patio

Building Details

Year built 1905
Roof type Shingle
Listing Agency: Hughes Real Estate and Auction
Listed By: Janell Welling
Added: Jul 7 Changed: Aug 27 Last Checked: Sep 1 at 10:06PM
MLS# 7105178

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,170-square-foot duplex contains two residential units within a 1905-built property. The main-level residence includes three bedrooms, a kitchen, pantry, living room, three-quarter shower, and laundry, with forced-air gas heat. The upper residence provides two bedrooms, a kitchen, pantry, living room, and full bathroom, along with electric baseboard heating. A basement offers storage space.

Electrical improvements include updated breakers, separate meters for the two units, and hard-wired smoke detectors. Tenants share a rear patio, while the property includes a detached garage and driveway parking. The garage is attached to the neighboring garage, and the owner has designated a separate parking area for tenant use. The property has passed City of Montevideo rental inspections and occupies 0.188 acres in Montevideo, Minnesota.

Key Highlights

  • Two‑unit duplex with 1,170 square feet and a 1905 construction year
  • Main‑level unit offers 3 bedrooms, laundry, and forced‑air gas heat
  • Upper unit includes 2 bedrooms and electric baseboard heating

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Restaurant HVAC Service Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

201
Businesses Nearby

Demographics for 56265, MN

7,634
Population
3,398
Households
2.2
Avg Household Size
42
Median Age
21%
College-Educated
91%
High-School Grad
264.0 sq mi
ZIP Area
29
Density / Sq Mi
$72,564
Median Household Income
$39,888
Median Earnings
$835
Median Rent
$159,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with distinct living areas, individual heating systems, and shared outdoor space.
Where is this duplex located?
The property is located at 111 Coleman Avenue Montevideo, MN.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,170 square feet and a 1905 construction year; Main‑level unit offers 3 bedrooms, laundry, and forced‑air gas heat; Upper unit includes 2 bedrooms and electric baseboard heating
More about this property
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