207 and 213 9th Avenue, Madison, MN 56256 (MLS# 7000979)

207 and 213 9th Avenue, Madison, MN 56256

$980,000
Property Type: Commercial Baths: 1 Square Footage: 23,968 Lot Size (sq. ft.): 27,878 Status: Active
Current Price: $980,000 List Date: 12/26/2025 Last Modified: 6/26/2026

Overview

Description

24 UNITS! 3-1 BEDROOM AND 21-2 BEDROOM APARTMENTS. MAIN LEVEL AND UPPER LEVEL. 2 BUILDINGS, SOUTH AND NORTH. EACH PROPERTY HAS HAD ALOT OF UPDATES SUCH AS NEW TOILETS, FLOORING, CARPETS, AND SLIDING GLASS DOORS. ALL DONE IN 2019. TENANTS ARE RESPONSIBLE FOR ELECTRICITY HEAT AND CABLE TV. OWNER RESPONSIBLE FOR WATER SEWER GARBAGE AND LAWN AND SNOW. ALSO, THE MAIN LEVEL OFFERS OUTSIDE PATIO AND THE UPPER LEVEL HAVE DECKS. LAUNDRY ROOM OFFERS COIN OPERATED MACHINES.

Listing Details MLS# 7000979

General Property Information

Lot Measurement
Acres
Multiple PIDs?
Yes
Other Parking Spaces
20
Owner Occupied
No
Waterfront YN
No
Year Built
1976
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
47936
Garage Stalls
16
For Sale or Lease
For Sale
Acres
0.64
Lot Dimensions
56x107, 107x56
Assessment Pending
No

Property Features

Accessible: Doors 36"+ Air Conditioning: Wall Unit(s) Amenities Shared: Coin-op Laundry Owned Amenities Unit: Balcony; Patio Appliances: Range; Refrigerator Basement: None CMU Style: Apartments/Multi Family Construction Materials: Frame Construction Status: Previously Owned Current Use: Other Exterior: Brick/Stone Fencing: None Flooring: Carpet; Vinyl/Linoleum Foundation: Slab Fuel: Electric Heating: Baseboard Loan Terms: Cash; Conventional Location Description: Other/See Remarks Lock Box Type: Combo Lot Description: Tree Coverage - Light Miscellaneous Information: Building Sign On Site Utilities: Electric Separate Parking Characteristics: Paved Lot Potential Use: Income Rent Rate per Foot: Per Month Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sewer: City Sewer/Connected Stories: Two Wall Description: Drywall Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
980000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
207 and 213
Street Name
9th
Street Suffix
Avenue
Postal City
Madison
County
Lac Qui Parle
State
MN
Zip Code
56256

Additional Parcels Information

Property ID #2
540640030

Assessments

Tax With Assessments
16989.96

More Information

Building Information

Building Finished SqFt
23968
Building SqFt
23968
Ceiling Height
8-10

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
44
Section#
20
Township#
118

Sale Options

Sale Includes
Building, Fixture/Equipment, Leases

Unit 1

No. of 1 Bedroom Units
3

Unit 2

No. of 2 Bedroom Units
21

Unit Details

Total Units
24

Documents

IDX
Listing Office: Peterson Team Realty
Last Updated: June - 26 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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