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Listed price in listed location currency (USD).
$949,900

000

MLS® 7009752

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage Yes
Maintenance Fees 
Taxes $8,392
Days Active 34
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
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1910
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Inventory, Rental License

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 16, 2026List Date
$949,900List Price
  • Commute

Commute

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

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