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Montevideo, MN Residential Income Properties for Sale

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Multifamily Property with Historic Charm
$899,900
0.53 Acres

Multifamily Property with Historic Charm

215 S 5th Street, Montevideo, MN 56265

Well-maintained 9-unit multifamily property with historic charm and modern updates.

  • Strong 7% Cap Rate for Stable Income
  • Nine Units in Two Buildings on One Parcel
  • Renovated Units with Updated Interiors
  • Historic Charm Blended with Modern Updates
  • On‑Site Amenities: Coin Laundry, Three‑Car Garage, Ample Parking, Fenced Yard
Updated: Jan 16
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Montevideo Multifamily Investment Opportunity
$924,900
8,619 SF

Montevideo Multifamily Investment Opportunity

215 S 5th St, Montevideo, MN 56265

Nine-unit multifamily property in Montevideo's stable rental market.

  • High Cap Rate: Approximately 7+% cap rate indicates strong current income.
  • Stable Rental Market: Montevideo's diverse economy ensures consistent demand.
  • Limited Competition: Low vacancy rates and limited competing inventory in Montevideo.
  • Prime Location: Situated in an established residential neighborhood near downtown, schools, parks, and major employers.
  • Desirable Amenities: Offers off‑street parking and on‑site laundry.
Updated: Feb 6
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Montevideo Residential Income Property
$499,000
5,800 SF

Montevideo Residential Income Property

5,800 SF residential income property in Montevideo, Minnesota.

1806 Lincoln Ave, Montevideo, MN 56265
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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 3 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 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Slayton Senior Apartment Building
$650,000
0.88 Acres

Slayton Senior Apartment Building

Well-maintained 32-unit senior apartment building with HUD contract.

3200 Maple Avenue, Slayton, MN 56172
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Litchfield Twp Mobile Home Park
$649,900
5.00 Acres

Litchfield Twp Mobile Home Park

Well-maintained mobile home park with income potential on 5 acres.

23924 Minnesota Highway 22, Litchfield, MN 55355
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Mixed-Use Property in Litchfield, MN
$299,000
0.69 Acres

Mixed-Use Property in Litchfield, MN

Large lot with remodeled office, bare land, and rental home.

617 E Highway 12, Litchfield, MN 55355
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23-Unit Apartment Building Investment
$700,000
0.88 Acres

23-Unit Apartment Building Investment

23-unit apartment building in Slayton, MN with cash flow potential.

3200 Maple Avenue, Slayton, MN 56172
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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
Contact for pricing
1.10 Acres

Scenic Land in Rolling Hills

1+ acre corner lot near Montevideo, Minnesota.

6007 Rolling Hills Drive SW, Montevideo, MN 56265
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Residential Land in Benson, MN
Contact for pricing
0.35 Acres

Residential Land in Benson, MN

Residential land available for building a dream house.

1039 Montana Avenue, Benson, MN 56215
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Residential Lot in Willmar, MN
Contact for pricing
0.46 Acres

Residential Lot in Willmar, MN

Residential lot with utilities in Willmar, Minnesota.

3211 1st Avenue NW, Willmar, MN 56201
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Willmar Lakefront Property
$347,999
0.37 Acres

Willmar Lakefront Property

Prime lakefront property on Willmar Lake, build-ready and close to amenities.

2101 Country Club Drive NE, Willmar, MN 56201
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Explore 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

321 Ost Ave

MOBILE HOME PARK, TRAILER PARK
Value Estimation by Request
321 Ost Ave, Montevideo, MN 56265-1060
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1204 Benson Rd

1204 Benson Rd

MOBILE HOME PARK, TRAILER PARK • 16.77 Acres
Value Estimation by Request
1204 Benson Rd, Montevideo, MN 56265-1111
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Montevideo, MN 56265

Montevideo, MN 56265

MOBILE HOME PARK, TRAILER PARK • 0.16 Acres
Value Estimation by Request
Montevideo, MN 56265
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1806 Lincoln Ave

1806 Lincoln Ave

Multifamily properties • 5,800 SF
Value Estimation by Request
1806 Lincoln Ave, Montevideo, MN 56265
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7055 49th SW St

7055 49th SW St

MOBILE HOME PARK, TRAILER PARK • 1,280 SF
Value Estimation by Request
7055 49th SW St, Montevideo, MN 56265-3150
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7044 49th SW St

7044 49th SW St

MOBILE HOME PARK, TRAILER PARK • 2.20 Acres
Value Estimation by Request
7044 49th SW St, Montevideo, MN 56265-3150
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20 Ramsey Park

20 Ramsey Park

MOBILE HOME PARK, TRAILER PARK • 980 SF
Value Estimation by Request
20 Ramsey Park, Montevideo, MN 56265
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9 Ramsey Park

9 Ramsey Park

MOBILE HOME PARK, TRAILER PARK • 1,280 SF
Value Estimation by Request
9 Ramsey Park, Montevideo, MN 56265
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Montevideo, MN Residential Income Properties Investment Opportunities Market Analysis

Explore 11 residential income properties for sale in Montevideo, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 753,501 square feet of properties for sale, with an estimated market value of $1,154,900.

Sale prices for residential income properties in Montevideo, MN start at $255,000, averaging $577,450, and reaching up to $899,900 — 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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