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Two-Unit Duplex with Separate Entrances
For Sale
$290,000

317 W River Street, Monticello, MN 55362

Residential Income, Monticello, MN

Property Size2,158 SF
Lot Size0.38 Acres
Price / SF$134.38
Days on Market52

Property Features for 317 W River Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential-Single Family
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Laundry Room, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1, Basement
Parking features Driveway
Patio and Porch features Porch
Subdivision Original Monticello
High school district Monticello
Directions From Intersection of I94W and MN-25 (Exit 193) North on MN-25 to W River St. Left on W River St to property on Right.
Standard status Active
APN 155010055030
Size 2,158 SF
Lot size 0.38 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2224

Utilities

Heating system Forced Air

Building Details

Year built 1900
Roof type Shingle
Listing Agency: Keller Williams Integrity NW · Keller Williams Realty
Listed By: Ryan Garrett
Added: Sep 3 Changed: Oct 23 Last Checked: Oct 24 at 9:06PM
MLS# 7129718

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.

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Investment Insights

Based on property information with market context.

This 2,158-square-foot duplex contains two two-bedroom, one-bathroom units on a 0.378-acre lot. The upper residence has a private entrance, its own washer and dryer, and separate parking. The lower unit includes an updated interior, a large kitchen, storage space, and separate laundry equipment. The property was built in 1900 and has forced-air heating, a shingle roof, a driveway, and a porch.

The upper unit is leased month to month, while the owners occupy the lower unit. The property is in Monticello, Minnesota, a short distance from West Bridge Park, retail, and restaurants.

Key Highlights

  • Two units, each with 2 bedrooms and 1 bathroom
  • 2,158 square feet on a 0.378‑acre lot
  • Upper unit has a private entrance, washer and dryer, and separate parking

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

583
Businesses Nearby

Demographics for 55362, MN

20,476
Population
7,589
Households
2.7
Avg Household Size
36
Median Age
26%
College-Educated
91%
High-School Grad
65.3 sq mi
ZIP Area
314
Density / Sq Mi
$92,870
Median Household Income
$48,029
Median Earnings
$1,458
Median Rent
$324,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer two bedrooms, one bathroom, and dedicated laundry equipment.
Where is this duplex located?
The property is located at 317 W River Street Monticello, MN.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 2,158 square feet on a 0.378‑acre lot; Upper unit has a private entrance, washer and dryer, and separate parking
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