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Fully Leased Duplex
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820 North 6th Street, Montevideo, MN 56265

Two-unit duplex is currently fully leased, providing residential rental income under one property ownership.

Property Size2,448 SF
Price / SF$67.40
Days on Market133

Property Features for 820 North 6th Street

General Information

Standard status Active
Size 2,448 SF
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 2

Building Details

Year Built 1940
Units 2
Listing Agency: ReMax Results
Listed By: Dylan Maitland · License #MN 40313410
Source: Crexi
Added: Apr 28 Changed: Aug 31 Last Checked: Sep 6 at 7:18PM

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 ReMax Results

Investment Insights

Based on property information with market context.

This fully leased duplex offers two residential units with established tenancy. The property is being offered for sale as an income-producing residential asset.

The duplex is located at 820 North 6th Street in Montevideo, Minnesota. It is presented as a complete, income-generating package given its fully leased status.

If you’re looking for a residential income property with existing tenants in place, this duplex is structured as a two-unit investment under one ownership. Additional details on unit mix, finishes, and lease terms are not provided here—request them to complete your underwriting.

Key Highlights

  • Two‑unit duplex built in 1940
  • Property is currently fully leased, with residential rental income under one ownership

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Electrical Service Pharmacy 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

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

350
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit duplex is currently fully leased, providing residential rental income under one property ownership.
Where is this duplex located?
The property is located at 820 North 6th Street Montevideo, MN.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1940; Property is currently fully leased, with residential rental income under one ownership
More about this property
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