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    Madison, MN
    Residential Income

    Madison, MN Residential Income Properties for Sale

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    Over-Under Duplex with Separate Entrances
    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‑apartment over‑under duplex with separate entrances
    Upper apartment includes 2 bedrooms, full bathroom, kitchen, living and dining areas, rear entrance, and laundry room
    Main‑floor apartment has 1 bedroom, remodeled bathroom, kitchen, living and dining areas, and laundry room
    713 square feet on a 0.051‑acre lot
    Vinyl exterior, frame construction, forced‑air heat, and shingle roof
    View details
    Over-Under Duplex
    Updated: Aug 4
    Over-Under Duplex

    617 W 3rd St, Madison, MN 56256

    $79,500
    713 sqft
    Two‑apartment over‑under duplex configuration
    Upper apartment includes 2 bedrooms and a full bathroom
    Main‑floor apartment includes 1 bedroom and a remodeled bathroom
    Separate entrances and individual laundry rooms for both apartments
    Upper unit features a large kitchen plus living and dining areas
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 Active listings in Madison, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 2 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.

    Refurbished Theater with Apartment
    Refurbished Theater with Apartment

    1320 Atlantic Ave, Benson, MN 56215

    $234,900
    6,350 sqft

    Operating entertainment venue with concession equipment, upgraded projection, commercial zoning, and a rented two-bedroom apartment.

    View details
    Two-Unit Duplex with Detached Garage
    Two-Unit Duplex with Detached Garage

    820 N 6th Street, Montevideo, MN 56265

    $165,000
    2,448 sqft 0.14 AC lot

    Fully leased duplex with separate entrances, a detached garage, and unfinished basement space for laundry and storage.

    View details
    Fully Leased Duplex
    Fully Leased Duplex

    820 N 6th St, Montevideo, MN 56265

    $165,000
    2,448 sqft

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

    View details
    Refurbished Theater With Apartment
    Refurbished Theater With Apartment

    1320 Atlantic Avenue, Benson, MN 56215

    $234,900
    0.12 AC lot

    Downtown venue includes concession equipment, an active food, beer, and wine license, and a rented two-bedroom apartment.

    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.

    Residential Land in Gary, SD
    Residential Land in Gary, SD

    Grand Boulevard, Gary, SD 57237

    $50,000
    1.28 AC lot

    1.2 acre residential lot with utilities ready for connection.

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    Scenic Land in Rolling Hills
    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.

    View details

    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.

    915 1st Ave
    BOARDING/ROOMING HOUSE

    915 1st Ave, Madison, MN 56256-1049

    Estimated value:
    $555,000
    View details

    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 1,426 square feet of properties for sale, with an estimated market value of $159,000.

    Sale prices for residential income properties in Madison, MN average $79,500 — 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 2
    Multifamily properties 2

    Demographics Overview

    Population 2,352
    Population Growth (5Y) -1.4%
    Median Household Income $62,250
    College Educated 25.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56256 $79.5K

    Taxes & Financing

    Tax Rate (average for all types) 3.10%
    Tax Rate vs County Average 0.20 pp below county avg
    Average Loan-to-Value 65.0%

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    Popular Searches in Madison, MN

    Most Searched ZIP Codes in Madison, MN

    • 56256

    Featured Madison Real Estate Agencies

    Realmo connects you with licensed Madison CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Peterson Team Realty
    306 6th Ave Madison, MN 56256
    Phone: 13202265021
    westernhomesource.com/

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