Residential Income

Montevideo, MN Residential Income Properties for Sale

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6 properties
Duplex with Detached Garage
Updated: Apr 20
Duplex with Detached Garage

820 N 6th Street, Montevideo, MN 56265

$149,900
2,448 sqft 0.14 AC lot
Two‑unit property with 2,448 square feet of building area
0.137‑acre lot
Main‑level apartment has 1 bedroom and 1 bathroom
Upper apartment has 2 bedrooms, 1 bathroom, and a month‑to‑month lease
Detached 2‑car garage reserved for the upper unit
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9-Unit Multifamily Property
Updated: Jan 16
9-Unit Multifamily Property

215 S 5th Street, Montevideo, MN 56265

$899,900
0.53 AC lot
Nine units across two buildings on one parcel
0.528‑acre property with a 1910 main residence
Seven units in the main residence and two in the second building
Most units have been renovated
Coin‑operated laundry, detached three‑car garage, and off‑street parking
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9-Unit Apartment Property
9-Unit Apartment Property

215 S 5th St, Montevideo, MN 56265

$899,900
8,619 sqft

Two buildings combine updated apartments with coin-operated laundry, garage parking, and a fenced outdoor area.

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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 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.

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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.

Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

104 W Main St, Cottonwood, MN 56229

$249,900
13,833 sqft

Two-level property combines five apartments with flexible street-level commercial and storage areas.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

104 W Main Street, Cottonwood, MN 56229

$249,900
0.16 AC lot

Two-level commercial property combining residential units with multiple street-front business spaces and separate entrances.

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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 have independent entrances, laundry rooms, and distinct living areas.

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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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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

Estimated value: by Request
View details
1204 Benson Rd
MOBILE HOME PARK, TRAILER PARK

1204 Benson Rd, Montevideo, MN 56265-1111

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

Montevideo, MN 56265

Estimated value:
$240,000
0.16 AC lot
View details
1806 Lincoln Ave
Multifamily properties

1806 Lincoln Ave, Montevideo, MN 56265

Estimated value: by Request
5,800 sqft
View details
7055 49th SW St
MOBILE HOME PARK, TRAILER PARK

7055 49th SW St, Montevideo, MN 56265-3150

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

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

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

20 Ramsey Park, Montevideo, MN 56265

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

9 Ramsey Park, Montevideo, MN 56265

Estimated value:
$225,000
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 20,485 square feet of properties for sale, with an estimated market value of $2,703,600.

Sale prices for residential investment properties in Montevideo, MN start at $139,000, averaging $450,600, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 7
Duplexes 3
Apartment buildings 2

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 $211.6K

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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