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Listed price in listed location currency (USD).
$899,900

003

MLS® 7009752

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage Yes
Taxes $8,392
Days Active 103
Lot Size 
Approx. Age 1910
MLS® Number 7009752

Property Address: 215 S 5th St, Montevideo, MN, 56265-1975

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a well-maintained 9-unit multifamily property featuring two separate buildings on one parcel. The main turn-of-the-century home offers seven units and retains much of its original historic charm, blending character with modern updates. A second building provides an additional two units, creating a versatile unit mix. Most units have been renovated, offering updated interiors while preserving classic architectural details. Property amenities include on-site coin laundry, a three-car garage, ample off-street parking, and a fenced yard with outdoor features. The property offers a strong 7% cap rate, making it an attractive option for investors seeking stable income. The combination of historic appeal, functional updates, and on-site amenities contributes to long-term value and broad rental appeal.
MLS® Number7009752
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1910
BasementFinished
DrivewayDetached Garage, Concrete, Garage Door Opener, Paved Lot, More Parking Onsite for Fee
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 17, 2026List Date
$899,900List Price
  • Commute

Commute

Starting Address
Destination Address
215 S 5Th St, Montevideo, MN

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