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    Madison Lake, MN
    Multifamily

    Madison Lake, MN Multifamily Properties for Sale

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    Lakeside Bar and Grill with Deck
    Updated: Aug 15, 2025
    Lakeside Bar and Grill with Deck

    803 Main St, Madison Lake, MN 56063

    Contact for pricing
    6,056 sqft
    3,000‑square‑foot lakeside deck for outdoor dining and live music
    Full‑service bar and kitchen at the Landing on Madison
    Outdoor tiki bar plus boat/pontoon slip rentals
    Non‑oxy boat fuel for boat arrivals
    Open year‑round with summer and winter events
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    1 active listing matches your search: Multifamily for sale in Madison Lake, MN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    138 N Main St, Janesville, MN 56048

    $475,000
    12,361 sqft

    Seven renovated apartments accompany three commercial suites in a downtown building with additional lower-level space.

    View details
    Newer-Construction 16-Unit Portfolio
    Newer-Construction 16-Unit Portfolio

    220 Maple Ave SW, Elysian, MN 56028

    $2,400,000
    17,280 sqft 2.15 AC lot

    Sixteen fully leased units in four 4-plex buildings built in 2021–2022 with in-unit laundry and private patios/decks.

    View details
    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    138 N Main Street, Janesville, MN 56048

    $450,000
    0.28 AC lot

    The property combines residential units, commercial suites, and additional lower-level space.

    View details
    Mixed-Use Property with Outbuildings
    Mixed-Use Property with Outbuildings

    196 Main St W, Elysian, MN 56028

    $404,900

    Main Street property combines two apartments, an office suite, and powered auxiliary buildings for varied income-producing use.

    View details

    Madison Lake, MN Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Madison Lake, MN on our real estate platform. These investment opportunities span a total of 6,056 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 1

    Demographics Overview

    Population 3,059
    Population Growth (5Y) +9.3%
    Median Household Income $100,156
    College Educated 54.3%

    Taxes & Financing

    Tax Rate (average for all types) 1.86%
    Property Tax per SF $29.86 per SF
    Tax Rate vs County Average 0.56 pp below county avg
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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