Residential Income

Montevideo, MN Residential Income Properties for Sale

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6 properties
Duplex with Separate Meters
Updated: Jul 7
Duplex with Separate Meters

111 Coleman Avenue, Montevideo, MN 56265

$139,000
1,170 sqft 0.19 AC lot
Two‑unit duplex with 1,170 square feet and a 1905 construction year
Main‑level unit offers 3 bedrooms, laundry, and forced‑air gas heat
Upper unit includes 2 bedrooms and electric baseboard heating
Separate electrical meters, updated breakers, and hard‑wired smoke detectors
0.188‑acre property with detached garage and driveway parking
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Two-Unit Duplex with Detached Garage
Updated: Apr 20
Two-Unit Duplex with Detached Garage

820 N 6th Street, Montevideo, MN 56265

$165,000
2,448 sqft 0.14 AC lot
2,448‑square‑foot duplex with 1‑bedroom and 2‑bedroom units
Main‑level unit includes 1 bedroom, 1 bathroom, front entry, and street parking
Upper unit offers 2 bedrooms, 1 bathroom, and a private rear entrance
Detached 2‑car garage assigned for exclusive use by the upper unit
Unfinished basement provides shared laundry for the upper unit and storage space
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Two-Unit Duplex with Separate Meters
Two-Unit Duplex with Separate Meters

111 Coleman Ave, Montevideo, MN 56265

$139,000
1,170 sqft

Converted two-unit residence with distinct layouts, utility metering, and shared outdoor space.

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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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Fully Leased Duplex
Fully Leased Duplex

820 North 6th Street, Montevideo, MN 56265

Contact for pricing
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 20 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 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.

Over-Under Duplex with Separate Entrances
Over-Under Duplex with Separate Entrances

617 W 3rd Street, Madison, MN 56256

$79,500
713 sqft 0.05 AC lot

Two apartments provide distinct living areas, kitchens, bathrooms, and laundry rooms within a frame residence.

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Historic Theater with Apartment
Historic Theater with Apartment

1320 Atlantic Avenue, Benson, MN 56215

$234,900
0.12 AC lot

Operating entertainment venue with concession equipment, licensed food and beverage service, and a rented two-bedroom apartment.

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Over-Under Duplex
Over-Under Duplex

617 W 3rd St, Madison, MN 56256

$79,500
713 sqft

Two-level duplex with separate entrances, individual laundry rooms, and a two-bedroom upper apartment.

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Multifamily Apartment Portfolio
Multifamily Apartment Portfolio

1941 Countryside Dr, Benson, MN 56215

Contact for pricing

Portfolio includes 100 units across three apartment buildings, with newer windows, roofs, and mechanicals.

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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
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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Residential Land in Benson, MN
Residential Land in Benson, MN

1039 Montana Avenue, Benson, MN 56215

Contact for pricing
0.35 AC lot

Residential land available for building a dream house.

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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
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1204 Benson Rd
MOBILE HOME PARK, TRAILER PARK

1204 Benson Rd, Montevideo, MN 56265-1111

$255,000
Estimated value
16.77 AC lot
View details
Montevideo, MN 56265
MOBILE HOME PARK, TRAILER PARK

Montevideo, MN 56265

$240,000
Estimated value
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

$235,000
Estimated value
1,280 sqft
View details
7044 49th SW St
MOBILE HOME PARK, TRAILER PARK

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

$240,000
Estimated value
2.20 AC lot
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20 Ramsey Park
MOBILE HOME PARK, TRAILER PARK

20 Ramsey Park, Montevideo, MN 56265

$220,000
Estimated value
980 sqft
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9 Ramsey Park
MOBILE HOME PARK, TRAILER PARK

9 Ramsey Park, Montevideo, MN 56265

$225,000
Estimated value
1,280 sqft 0.03 AC lot
View details

Montevideo, MN Residential Income Properties Market Trends and Statistics

Explore 14 residential income properties for sale in Montevideo, MN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 13,036 square feet of properties for sale, with an estimated market value of $892,900.

Sale prices for residential income properties in Montevideo, MN start at $139,000, averaging $223,225, and reaching up to $449,900 — 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

Multifamily properties 7
Duplexes 4
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 $223.2K

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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