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    Monticello, MN
    Multifamily

    Monticello, MN Multifamily Properties for Sale

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    Big Lake, MN Otsego, MN Albertville, MN
    Turnkey Triplex with Separate Meters
    Updated: Jun 4
    Turnkey Triplex with Separate Meters

    501 W 3rd Street, Monticello, MN 55362

    $417,000
    2,977 sqft · 0.50 AC lot
    Fully occupied triplex with established tenants and lease agreements in place
    Unit mix: two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
    Separate electric meters serve each unit
    Major recent updates include new roof (2025), new water heater (2025), and new furnace (2021)
    Half‑acre lot with outdoor space
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    Riverfront Campground and Mobile Home Park
    Updated: Feb 27
    Riverfront Campground and Mobile Home Park

    1335 River St, Monticello, MN 55362

    $8,500,000
    2,000 sqft · 25.16 AC lot
    Prime Mississippi Riverfront Location offering scenic views.
    Significant Scale: 87 campground/RV sites and a 92‑unit mobile home park.
    High Occupancy: 93% occupancy in the mobile home park.
    Income‑Generating Rental Home: Features a 2,000 sq. ft. rental home with two units.
    Comprehensive Amenities include a playground, fishing pier, restrooms, laundromat, and RV wash.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 2 Active listings in Monticello, 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.

    Renovated Duplex with Separate Utilities
    Renovated Duplex with Separate Utilities

    602 3rd Street N, Princeton, MN 55371

    $299,000
    2,568 sqft · 0.55 AC lot

    Renovated up-and-down duplex offers two units with separate electricity and forced-air heat.

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    Princeton Mobile Home Park Opportunity
    Princeton Mobile Home Park Opportunity

    1201 12th Street North, Princeton, MN 55371

    $760,000

    23-unit mobile home park with significant rental upside.

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    RV Resort Lot
    RV Resort Lot

    2945 County Highway 4 #433 SW, Cokato, MN 55321

    $55,000
    0.11 AC lot

    Seasonal RV lot in Cokato Lake RV Resort near the pool and bath house, with options to add outdoor improvements.

    View details
    RV Park Lot
    RV Park Lot

    2945 County Highway 4 #432 SW, Cokato, MN 55321

    $55,000
    0.14 AC lot

    Small RV lot offers a private setup for bringing your own unit near recreational lake access.

    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.

    Development Land Off Freeway
    Development Land Off Freeway

    101 Morris Avenue, Hinckley, MN 55037

    $799,000
    9.20 AC lot

    Multi-purpose acreage near the freeway offers flexibility for a range of development concepts.

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    Aitkin Lots & Land
    Aitkin Lots & Land

    L 3&4 B3 London Town, Aitkin, MN 56431

    Contact for pricing
    0.14 AC lot

    Double lot in Sherwood Forest with shared amenities.

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    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.

    View details
    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

    Off-Market Properties in Monticello, MN

    Consider similar Off-Market properties in Monticello, 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.

    236 Broadway St
    BOARDING/ROOMING HOUSE

    236 Broadway St, Monticello, MN 55362

    Value Estimation by Request
    1,188 sqft · 0.30 AC lot
    View details
    225 Broadway St
    BOARDING/ROOMING HOUSE

    225 Broadway St, Monticello, MN 55362

    Value Estimation by Request
    2,551 sqft · 0.51 AC lot
    View details
    230 Broadway St
    BOARDING/ROOMING HOUSE

    230 Broadway St, Monticello, MN 55362-9353

    Value Estimation by Request
    1,040 sqft · 0.13 AC lot
    View details
    154 Broadway St
    BOARDING/ROOMING HOUSE

    154 Broadway St, Monticello, MN 55362

    Value Estimation by Request
    2,500 sqft · 0.19 AC lot
    View details
    232 Broadway St
    BOARDING/ROOMING HOUSE

    232 Broadway St, Monticello, MN 55362

    Value Estimation by Request
    440 sqft · 0.20 AC lot
    View details
    406 Cedar St
    HIGH-RISE APARTMENTS

    406 Cedar St, Monticello, MN 55362-9242

    $1,280,000
    Estimated value
    10,334 sqft · 1.23 AC lot
    View details
    124 Broadway St
    BOARDING/ROOMING HOUSE

    124 Broadway St, Monticello, MN 55362-9351

    Value Estimation by Request
    943 sqft · 0.30 AC lot
    View details
    313 Broadway St
    BOARDING/ROOMING HOUSE

    313 Broadway St, Monticello, MN 55362-9356

    Value Estimation by Request
    990 sqft · 0.16 AC lot
    View details

    Monticello, MN Multifamily Properties Market Trends and Statistics

    Explore 10 multifamily properties for sale in Monticello, MN on our real estate platform. These investment opportunities span a total of 4,977 square feet of properties for sale, with an estimated market value of $8,917,000.

    Sale prices for multifamily properties in Monticello, MN start at $417,000, averaging $4,458,500, and reaching up to $8,500,000 — 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

    Mobile home & RV parks 1
    Triplexes 1

    Demographics Overview

    Population 20K
    Population Growth (5Y) +4.0%
    Median Household Income $92,870
    College Educated 2.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55362 $4.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.86%
    Property Tax per SF $30.42 per SF
    Tax Rate vs County Average 0.17 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wright County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Monticello fall within the 100,000+ square foot range.

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