Over-Under
For Sale
$79,500
617 W 3rd St, Madison, MN 56256
Two-level duplex with separate entrances, individual laundry rooms, and a two-bedroom upper apartment.
Property Size713 SF
Price / SF$111.50
Days on Market73
Property Features for 617 W 3rd St
General Information
Standard status
Active
Size
713 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 2BR, 1 x 1BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$372
Building Details
Buildings
1
Listing Agency:
Peterson Team Realty
(320) 226-5021
Listed By:
Dawn G Peterson
(320) 226-5021
Source:
Exprealty
Added: Jun 1
Changed: Aug 11
Last Checked: Aug 11 at 11:32AM
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 over-under duplex contains two distinct apartments, each with its own entrance and laundry room. The upper unit includes two bedrooms, a full bathroom, a large kitchen, living and dining areas, and rear access. The main-level apartment offers one bedroom, a remodeled bathroom, a kitchen, living and dining spaces, and separate laundry facilities.
The property includes a partially fenced rear yard. Roofing shingles and exterior siding were installed 2 years ago. The current layout supports separate use of the upper and main-floor residences, with the upper apartment configured as a two-bedroom unit and the main floor arranged as a one-bedroom unit.
The property includes a partially fenced rear yard. Roofing shingles and exterior siding were installed 2 years ago. The current layout supports separate use of the upper and main-floor residences, with the upper apartment configured as a two-bedroom unit and the main floor arranged as a one-bedroom unit.
Key Highlights
- Two‑apartment over‑under duplex configuration
- Upper apartment includes 2 bedrooms and a full bathroom
- Main‑floor apartment includes 1 bedroom and a remodeled bathroom
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-level duplex with separate entrances, individual laundry rooms, and a two-bedroom upper apartment.
Where is this duplex located?
The property is located at 617 W 3rd St 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 configuration; Upper apartment includes 2 bedrooms and a full bathroom; Main‑floor apartment includes 1 bedroom and a remodeled bathroom
