215 S 5th St

Montevideo, MN 56265

  • $899,900

    Price

  • 8,619

    SqFt

  • 0.53

    Acre

Listing Provided Courtesy of Jason Dowdey 320-444-6959 - Weichert REALTORS Tower Properties 320-262-7787

NEW! Buy and sell safely with virtual options - Learn More

Schedule a Showing

Wed
23
SEP
Thu
24
SEP
Fri
25
SEP
Sat
26
SEP
Sun
27
SEP
Mon
28
SEP
Tue
29
SEP
Wed
30
SEP
Thu
1
OCT
Fri
2
OCT
Sat
3
OCT
Sun
4
OCT
Mon
5
OCT
Tue
6
OCT
Created with Sketch.  In PersonTour  copy 2 Created with Sketch.  VirtualShowing
Ask a Question
Presented by

Loading...

Call Text

About the Listing 27064 - 506560333

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.

Listing Highlights

Status Active
Days on Site 249
Property Type Commercial Sale
MLS ® 7009752
Year Built 1910
Total Square Footage 8,619
Lot/Acreage 0.53
County Chippewa
Neighborhood Montevideo
School District Montevideo

Interior Details

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Air Cond:
  • Heating: Boiler,Natural Gas
  • Fireplaces:
  • Floor:
  • Basement: Finished
  • Other:
  • Water: City Water/Connected

Exterior Details

  • Lot Description: Tree Coverage - Light,Underground Utilities,Chain Link,Full
  • Garage Capacity: 3 car
  • Lot Dimensions: 200x105x108x22x92x127
  • Zoning: Residential-Multi-Family
  • Roof: Architectural Shingle
  • Others:
  • Sewer: City Sewer/Connected
  • Parking Features: Detached Garage,Concrete,Garage Door Opener,Paved Lot,More Parking Onsite for Fee

Financial Details

  • Tax Amount: $8,392
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 703750320
  • Tax Year: 2025

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

215 S 5th St Montevideo, MN 56265

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Listing Courtesy of Jason Dowdey 320-444-6959 - Weichert REALTORS Tower Properties 320-262-7787

Originating MLS: northstar

Sign Up to View This Property!

215 S 5th St

Montevideo, MN 56265

$899,900

0 Bed | 0 Bath | 8,619 SqFt

Which day works best?

Sign Up to View This Property!

215 S 5th St

Montevideo, MN 56265

Sign Up to View This Property!

215 S 5th St

Montevideo, MN 56265

Agent profile image in chat bubble
Agent profile image in chat header

Brad Bemowski

Realtor and Licensed Real Estate Broker | Brad Bemowski | Homcentric Real Estate, powered by Property Executives Realty

Agent profile image in message

By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

or another way