Multifamily

Montgomery, MN Multifamily Properties for Sale

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Mixed-Use Property with 5 Apartments
Updated: May 6
Mixed-Use Property with 5 Apartments

300 1st St S, Montgomery, MN 56069

$374,900
9.2% cap rate with the property fully occupied
Five residential units: two 2‑bedroom, two 1‑bedroom, and one studio
Separate commercial unit included in the mixed‑use building
Detached garage provides additional functional space
Fresh paint and new flooring completed in two residential units
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Montgomery, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Two-Unit Duplex with Garage
Two-Unit Duplex with Garage

221 Bridge St, Le Sueur, MN 56058

$149,900
1,645 sqft

Two one-bedroom residences offer separate utilities, parking options, and recent exterior improvements.

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Mixed-Use Property with Outbuildings
Mixed-Use Property with Outbuildings

196 Main Street W, Elysian, MN 56028

$404,900
0.21 AC lot

Two apartments and a renovated office provide multiple occupancy configurations with dedicated parking and supplemental storage buildings.

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Two-Unit Duplex with Garage
Two-Unit Duplex with Garage

221 Bridge Street, Le Sueur, MN 55148

$147,700
1,645 sqft 0.09 AC lot

Two one-bedroom units support owner occupancy, dual rental use, or a combination of both.

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Mixed-Use Property with Outbuildings
Mixed-Use Property with Outbuildings

196 Main St W, Elysian, MN 56028

$409,900

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

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Off-Market Properties in Montgomery, MN

Consider similar Off-Market properties in Montgomery, 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.

714 Ml NE Ave
MOBILE HOME PARK, TRAILER PARK

714 Ml NE Ave, Montgomery, MN 56069-4506

$345,000
Estimated value
12.62 AC lot
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Montgomery, MN Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Montgomery, MN on our real estate platform.

Sale prices for multifamily properties in Montgomery, MN average $374,900 — 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

Apartment buildings 1

Demographics Overview

Population 4,948
Population Growth (5Y) +7.0%
Median Household Income $81,919
College Educated 26.1%

Taxes & Financing

Tax Rate (average for all types) 2.53%
Property Tax per SF $26.01 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

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