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Two-Building Apartment Community

207 and 213 9th Avenue Madison, MN 56256

207 and 213 9th Avenue, Madison, MN, 56256
$980,000
For Sale
$980,000

Two-building multifamily property features 24 units with updated interiors, coin-op laundry, and tenant-paid utilities.

Property Size23,968 SF
Price / SF$40.89
Days on Market210

Property Features for 207 and 213 9th Avenue

General Information

Standard status
Active
Size
23,968 SF
Property subtype
Commercial

Building Details

Year Built
1976
Listing agency Peterson Team Realty
Listed by Dawn G Peterson
Source Juverealestate
Added: Dec 24, 2025 Updated: Jul 22 at 4:51AM Checked: Jul 22 at 4:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Peterson Team Realty


Investment Insights

Based on property information with market context.

This two-building apartment community provides 24 total units consisting of 3 one-bedroom apartments and 21 two-bedroom apartments. The units are arranged across main and upper levels, and reported updates completed in 2019 include new toilets, flooring, carpets, and sliding glass doors. Coin-operated laundry is available in a dedicated laundry room.

The main level includes an outside patio, while the upper level has decks. Tenant responsibilities are electricity, heat, and cable TV. The owner is responsible for water, sewer, garbage, and lawn and snow maintenance.

Each building is described as having been updated in 2019, with separate outdoor amenities at the main and upper levels to support tenant day-to-day living.

Key Highlights

  • Two‑building multifamily property built in 1976 with 24 total apartments
  • Unit mix: 3 one‑bedroom and 21 two‑bedroom apartments
  • Interiors updated in 2019 with new toilets, flooring, carpets, and sliding glass doors

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Electrical Service Building Supply Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service (Bike/Boat/Book/etc) Store Spa & Massage Center Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Two-building multifamily property features 24 units with updated interiors, coin-op laundry, and tenant-paid utilities.
Where is this apartment building located?
The property is located at 207 and 213 9th Avenue Madison, MN.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Two‑building multifamily property built in 1976 with 24 total apartments; Unit mix: 3 one‑bedroom and 21 two‑bedroom apartments; Interiors updated in 2019 with new toilets, flooring, carpets, and sliding glass doors
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