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Duplex with Separate Utility 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 Market47

Property Features for 111 Coleman Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential-Multi-Family
Bedrooms 14
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 13, Bedroom 10, Bathroom 4, Basement, Bedroom 7, Bedroom 2, Bedroom 3, Bedroom 5, Bedroom 12, Bedroom 11, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 8, Bathroom 3, Bedroom 14, Bedroom 6, Bedroom 9
Parking features Driveway, Garage - Detached
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

back 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 19 Last Checked: Aug 22 at 5:06PM
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 converted duplex at 111 Coleman Avenue provides two separate units with indoor living, kitchen, and pantry space, plus laundry support on the main level. The main-floor unit includes three bedrooms, a kitchen with pantry, a living room, a 3/4 shower, and laundry. The upstairs unit offers two bedrooms, a kitchen, pantry space, and a living room. The main level is heated by a gas furnace, while the upstairs level uses electric baseboard heat. A back patio is available for all tenants, and the basement is currently used for storage. Exterior features include vinyl siding and a shingle roof, and the home was built in 1905.

Electrical improvements were completed by Mytling Electric, including updated electrical breakers, separate meters for each unit, and hard-wired smoke detectors installed in the units. The property has met all City of Montevideo rental inspections. There is also an air conditioning unit, though it has not been used since the seller has owned the property and its working condition is not verified. Parking is handled with an attached-to-neighbor garage situation and a shared driveway, with the owner having separated the parking area for tenant convenience. The property sits on a 0.188-acre lot and contains 1,170 square feet.

Key Highlights

  • 0.188‑acre lot with 1,170 SF duplex built in 1905
  • Main‑floor unit: 3 bedrooms, kitchen with pantry, living room, 3/4 shower, and laundry
  • Upstairs unit: 2 bedrooms, kitchen, pantry, and living room

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

Multi-tenant
Tenancy
Yes
Utilities to site

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Converted duplex with separate electric meters and hard-wired smoke detectors, plus main-floor gas heat and upstairs electric baseboard.
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: 0.188‑acre lot with 1,170 SF duplex built in 1905; Main‑floor unit: 3 bedrooms, kitchen with pantry, living room, 3/4 shower, and laundry; Upstairs unit: 2 bedrooms, kitchen, pantry, and living room
More about this property
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