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Updated Four-Unit Multifamily Property
New
For Sale
$279,000

319 1st Ave NW, Rothsay, MN 56579

Two-story residences combine private garages, in-unit laundry, and functional living spaces across a consistent multifamily layout.

Property Size1,936 SF
Price / SF$144.11
Days on Market4

Property Features for 319 1st Ave NW

General Information

Standard status Active
Size 1,936 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 4

Building Details

Year Built 1976
Buildings 1
Listing Agency: Homesmart Adventure Realty
Listed By: The Elm Group brokered by REAL
Source: Realelmgroup
Added: Sep 12 Changed: Sep 14 Last Checked: Sep 14 at 8:36AM

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 Homesmart Adventure Realty

Investment Insights

Based on property information with market context.

This 1976 quadplex contains four matching two-story residences, each with two bedrooms, 1.5 bathrooms, in-unit laundry, and a private attached single-stall garage. The main level includes a living room, dining area, kitchen with a pass-through opening, half bath, and utility closet. Upstairs are two bedrooms and a full bathroom. Three units have been updated, and the property received a new roof in 2025.

Located at 319 1st Ave NW in Rothsay, Minnesota, the property offers a consistent unit configuration with dedicated garage access for each residence. The attached 12x24 garages provide secure parking and additional storage, while the repeated floor plan supports straightforward management across the four-unit building.

Key Highlights

  • Four matching two‑story units, each with 2 bedrooms and 1.5 bathrooms
  • Three of the four units have been fully updated
  • New roof installed in 2025

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service Cafe & Coffee Shop Hair Salon Auto Repair Shop Nail Salon Grocery & Convenience Store

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby

Demographics for 56579, MN

1,160
Population
425
Households
2.7
Avg Household Size
40
Median Age
26%
College-Educated
97%
High-School Grad
197.4 sq mi
ZIP Area
6
Density / Sq Mi
$95,288
Median Household Income
$49,375
Median Earnings
$923
Median Rent
$210,500
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Two-story residences combine private garages, in-unit laundry, and functional living spaces across a consistent multifamily layout.
Where is this quadplex located?
The property is located at 319 1st Ave NW Rothsay, MN.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Four matching two‑story units, each with 2 bedrooms and 1.5 bathrooms; Three of the four units have been fully updated; New roof installed in 2025
More about this property
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