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    Montevideo, MN
    Multifamily

    Montevideo, MN Multifamily Properties for Sale

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    6 properties
    Converted Duplex with Shared Patio
    Updated: Jul 7
    Converted Duplex with Shared Patio

    111 Coleman Avenue, Montevideo, MN 56265

    $139,000
    1,170 sqft 0.19 AC lot
    Duplex conversion of a home built in 1905, offering a main floor 3‑bedroom unit and an upstairs 2‑bedroom unit
    Main floor unit includes kitchen, pantry, living room, 3/4 shower, and laundry; heated by gas furnace
    Upstairs unit includes kitchen, pantry, living room, and full pantry; heated by electric baseboard heat
    Electrical updates include updated breakers, separate meters for each unit, and hard‑wired smoke detectors
    Property has met City of Montevideo rental inspections; basement currently used for storage
    View details
    Residential Duplex Income Property
    Updated: Apr 20
    Residential Duplex Income Property

    820 N 6th Street, Montevideo, MN 56265

    $165,000
    2,448 sqft 0.14 AC lot
    Duplex with both units rented: each unit currently rented at $850/month
    Main‑level unit: 1 bedroom, 1 bathroom, front entry access with street parking
    Upper‑level unit: 2 bedrooms, 1 bathroom, private rear entrance and exclusive use of a detached 2‑car garage
    Upper unit is on a month‑to‑month lease
    Unfinished basement includes shared laundry for the upper unit
    View details
    Residential Income Property in Montevideo
    Residential Income Property in Montevideo

    1806 Lincoln Ave, Montevideo, MN 56265

    $449,900
    5,800 sqft 0.58 AC lot

    5,800 SF residential building suitable for shared-living or specialty housing.

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    Montevideo Multifamily Investment Opportunity
    Montevideo Multifamily Investment Opportunity

    215 S 5th St, Montevideo, MN 56265

    $899,900
    8,619 sqft

    Nine-unit multifamily property in Montevideo's stable rental market.

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    Fully Leased Duplex
    Fully Leased Duplex

    820 North 6th Street, Montevideo, MN 56265

    $175,000
    2,448 sqft

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

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    All-Age RV Park Community
    All-Age RV Park Community

    1204 Benson Rd, Montevideo, MN 56265

    Contact for pricing

    All-age RV park with 86 sites, 22 community-owned homes, and city water and sewer billed back to tenants.

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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 6 Active listings in Montevideo, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Duplex with Triple-Stall Garage
    Duplex with Triple-Stall Garage

    420 8th Street SW, Willmar, MN 56201

    $129,900
    1,800 sqft 0.26 AC lot

    Well-maintained duplex with two units, newer exterior updates, off-street parking, and a triple-stall garage.

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    Updated Duplex with Shared Porch
    Updated Duplex with Shared Porch

    805 4th Street SW, Willmar, MN 56201

    $144,900
    1,248 sqft 0.17 AC lot

    Duplex in Willmar with renovated bathrooms, an updated kitchen, and partially replaced plumbing for strong live-in or rental use.

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    Two-Building Apartment Community
    Two-Building Apartment Community

    207 and 213 9th Avenue, Madison, MN 56256

    $980,000
    23,968 sqft

    Two-building multifamily property features 24 units with updated interiors, coin-op laundry, and tenant-paid utilities.

    View details
    Duplex with Two Separate Entrances
    Duplex with Two Separate Entrances

    617 W 3rd Street, Madison, MN 56256

    $79,500
    713 sqft 0.05 AC lot

    Over/under duplex offers two units with independent access, including a fully equipped upper layout and a remodeled main floor.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land for Multi-Family Housing
    Land for Multi-Family Housing

    1610 7th Avenue E, Alexandria, MN 56308

    $249,900
    2.16 AC lot

    2.16 acre lot zoned for multi-family housing development.

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    Alexandria Lakeshore Property with Rental Opportunity
    Alexandria Lakeshore Property with Rental Opportunity

    5950 County Road 8 NW, Alexandria, MN 56308

    $798,500
    15.62 AC lot

    Lakeshore property with rental cabins and RV sites near Alexandria.

    View details
    Lakeshore Recreation Land Parcel
    Lakeshore Recreation Land Parcel

    Tripp, Fulda, MN 56131

    $124,900
    9.30 AC lot

    Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

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    Lakefront Recreation Lot with Boat Lift
    Lakefront Recreation Lot with Boat Lift

    21425 Sunset Trail, Lake Preston, SD 57249

    $193,800
    0.46 AC lot

    Manageable lakefront lot with utilities on site, approximately 75 feet of shoreline, and a boat lift for seasonal water use.

    View details

    Off-Market Properties in Montevideo, MN

    Consider similar Off-Market properties in Montevideo, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    321 Ost Ave
    MOBILE HOME PARK, TRAILER PARK

    321 Ost Ave, Montevideo, MN 56265-1060

    Value Estimation by Request
    View details
    1204 Benson Rd
    MOBILE HOME PARK, TRAILER PARK

    1204 Benson Rd, Montevideo, MN 56265-1111

    Value Estimation by Request
    16.77 AC lot
    View details
    Montevideo, MN 56265
    MOBILE HOME PARK, TRAILER PARK

    Montevideo, MN 56265

    Value Estimation by Request
    0.16 AC lot
    View details
    1806 Lincoln Ave
    Multifamily properties

    1806 Lincoln Ave, Montevideo, MN 56265

    Value Estimation by Request
    5,800 sqft
    View details
    7055 49th SW St
    MOBILE HOME PARK, TRAILER PARK

    7055 49th SW St, Montevideo, MN 56265-3150

    Value Estimation by Request
    1,280 sqft
    View details
    7044 49th SW St
    MOBILE HOME PARK, TRAILER PARK

    7044 49th SW St, Montevideo, MN 56265-3150

    Value Estimation by Request
    2.20 AC lot
    View details
    20 Ramsey Park
    MOBILE HOME PARK, TRAILER PARK

    20 Ramsey Park, Montevideo, MN 56265

    Value Estimation by Request
    980 sqft
    View details
    9 Ramsey Park
    MOBILE HOME PARK, TRAILER PARK

    9 Ramsey Park, Montevideo, MN 56265

    Value Estimation by Request
    1,280 sqft 0.03 AC lot
    View details

    Montevideo, MN Multifamily Properties Market Trends and Statistics

    Explore 14 multifamily properties for sale in Montevideo, MN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 20,485 square feet of properties for sale, with an estimated market value of $1,828,800.

    Sale prices for multifamily properties in Montevideo, MN start at $139,000, averaging $365,760, and reaching up to $899,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Apartment buildings 1
    Mobile home & RV parks 1

    Demographics Overview

    Population 7,433
    Population Growth (5Y) +1.5%
    Median Household Income $72,564
    College Educated 28.8%

    High-Yield Neighborhoods for Investment

    Identify Montevideo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    56265 $419.7K

    Taxes & Financing

    Tax Rate (average for all types) 2.86%
    Property Tax per SF $44.77 per SF
    Average Loan-to-Value 65.0%

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