Madison, MN Residential income properties for sale

Updated: Dec 24, 2025

24-Unit Apartment Property

207 and 213 9th Avenue, Madison, MN 56256

$980,000

0.64 AC lot

24 apartments across two buildings
Unit mix: 3 one‑bedroom and 21 two‑bedroom apartments
Toilets, flooring, carpet, and sliding glass doors updated in 2019
0.64‑acre property with patios at main‑level units and decks at upper‑level units
Coin‑operated laundry room

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Updated: Jun 1

Over-Under Duplex with Separate Entrances

617 W 3rd Street, Madison, MN 56256

$79,500

713 sqft 0.05 AC lot

Two apartments in an over‑under layout, each with its own entrance
Upper apartment has 2 bedrooms; main‑floor apartment has 1 bedroom
Separate laundry rooms in both apartments
Main‑floor bathroom recently remodeled
Shingles and siding are 2 years old

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

2 active listings match your search: Residential Income for sale in Madison, MN. Based on your search, we've also compiled 6 Potential Opportunities for your consideration: 4 properties in nearby cities, 1 off-market property to explore as potential leads, and 1 land listing with development potential.

Opportunities in Nearby Cities

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

Corner-Lot Duplex with Attached Garage

1625 Northridge Dr, Watertown, SD 57201

$345,000

1,580 sqft 0.08 AC lot

Twin-home property in Village of Northridge with a deck, greenspace views, and nearby clubhouse access.

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Duplex with Detached Garage

820 N 6th Street, Montevideo, MN 56265

$149,900

2,448 sqft 0.14 AC lot

Two units offer distinct entrances, with a detached garage assigned to the upper residence.

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Furnished Multifamily Apartment Building

309 8th Ave SE, Watertown, SD 57201

$2,700,000

1 sqft

Multifamily property with 45 modern furnished units offering short- or long-term leasing flexibility.

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9-Unit Multifamily Property

215 S 5th Street, Montevideo, MN 56265

$899,900

0.53 AC lot

Two buildings on one parcel provide a seven-unit main residence and a separate two-unit building.

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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.

Scenic Land in Rolling Hills

6007 Rolling Hills Drive SW, Montevideo, MN 56265

Contact for pricing

1.10 AC lot

1+ acre corner lot near Montevideo, Minnesota.

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Off-Market Properties in Madison, MN

Consider similar Off-Market properties in Madison, 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.

BOARDING/ROOMING HOUSE

915 1st Ave, Madison, MN 56256-1049

Estimated value:

$555,000

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Madison, MN Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Madison, MN on our real estate platform. These investment opportunities span a total of 713 square feet of properties for sale, with an estimated market value of $1,059,500.

Sale prices for residential investment properties in Madison, MN start at $79,500, averaging $529,750, and reaching up to $980,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
56256	$529.8K

Neighborhood

Average Price

56256

$529.8K