Over-Under Duplex with Separate
For Sale
$79,500
617 W 3rd Street, Madison, MN 56256
Residential Income, Madison, MN
Property Size713 SF
Lot Size0.05 Acres
Price / SF$111.50
Days on Market119
Property Features for 617 W 3rd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential-Multi-Family
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1, Basement, Bathroom 1
Exterior features
Vinyl
Subdivision
City/Madison
High school district
Lac Qui Parle Valley
Directions
From 8th Ave go east 1 1/2 blocks
Standard status
Active
APN
540299000
Size
713 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
372
Utilities
Heating system
Forced Air
Building Details
Year built
1900
Building materials
Frame
Roof type
Shingle
Listing Agency:
Peterson Team Realty
(320) 598-3344
Listed By:
Dawn G Peterson
(763) 390-3017
Added: Jun 1
Changed: Sep 24
Last Checked: Sep 27 at 5:06PM
MLS# 7084703
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 over-under duplex contains two separate apartments, each with its own entrance. The upper unit includes two bedrooms, a full bathroom, kitchen, living and dining areas, a rear entry, and laundry room. The main-floor unit offers one bedroom, a remodeled bathroom, kitchen, living and dining spaces, and separate laundry. The frame building has vinyl siding, forced-air heat, and a shingle roof. Constructed in 1900, the property also includes a partially fenced rear yard. The building is located at 617 W 3rd Street in Madison, Minnesota, within Lac qui Parle County, and the reported property size is 713 square feet on a 0.051-acre lot.
Key Highlights
- Two‑apartment over‑under duplex with separate entrances
- Upper apartment includes 2 bedrooms, full bathroom, kitchen, living and dining areas, rear entrance, and laundry room
- Main‑floor apartment has 1 bedroom, remodeled bathroom, kitchen, living and dining areas, and laundry room
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
Explore this area
Business Placement
Demographics for 56256, MN
2,433
Population
1,349
Households
1.8
Avg Household Size
51
Median Age
21%
College-Educated
96%
High-School Grad
230.6 sq mi
ZIP Area
11
Density / Sq Mi
$62,250
Median Household Income
$35,302
Median Earnings
$906
Median Rent
$122,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments provide distinct living areas, kitchens, bathrooms, and laundry rooms within a frame residence.
Where is this duplex located?
The property is located at 617 W 3rd Street Madison, MN.
What is the asking price?
The asking price for this property is $79,500.
What are key features of this property?
This property features: Two‑apartment over‑under duplex with separate entrances; Upper apartment includes 2 bedrooms, full bathroom, kitchen, living and dining areas, rear entrance, and laundry room; Main‑floor apartment has 1 bedroom, remodeled bathroom, kitchen, living and dining areas, and laundry room
