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617 W 3rd Street Madison, MN $ 79,500
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$ 79,500 Get more info
617 W 3rd Street
$ 79,500
Back to search
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617 W 3rd Street

Madison, MN, 56256
$ 79,500
Bedrooms1 Baths1.0 Sq 713

Monthly Estimate*

$ 549

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Multi-Family Home for sale in Madison, MN

for $79,500 with 1 bedroom and 1 full bath. This 713 square foot home was built in 1900 on a lot size of 0.051.

Income property! This home could be used as your residence with either the upper or lower being rented out to another party. The upstair apartment is very nice with a rear entrance large kitchen, living, dining area, full bathroom, laundry room and 2 bedrooms! The main floor has 1 Bedroom and a newly remodeled bathroom. Living, Dining and Large kitchen, its own laundry room! The shingles and siding are just 2 years old! This could be a wonderful income property! With the added income of the additional rental option! There is a partial fence in the rear and yard. 2 Apartment building. Over/Under. Each has their own entrance. THE WAY IT SITS NOW IS MAIN FLOOR IS THE OWNER THE TOP RENTAL IS NOW VACANT, ON PURPOSE FOR THE SALE. THE OWNER TAKES CARE OF UTILITIES AND RENTS OUT THE UP APARTMENT FOR 800 MONTH. THE UTILITY EXPENSES ARE WATER, SEWER, ELECTRICITY, AND GARBAGE ARE ALL ON ONE BILL. THE GAS FOR HEATING IS SEPARATE, AND IS ESTIMATED. WILL PROVIDE MORE ACURATE INFORMATION IF YOU ARE AN INTERESTED PARTY.

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Multi-Family Active

Price

$ 79,500

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 372

Style

Duplex Up and Down

Lot Size

0.051

Year Built

1900

Town/City

Madison

County/Region

Lac Qui Parle

MLS | Web ID

7084703
Features
General
Living Area 713
Sewer City Sewer/Connected
Heating Forced Air
Roof Age 8 Years or Less Asphalt
Garage Spaces 0
Construction Materials Frame
Year Built 1900
Electric Circuit Breakers
Levels Two
Property Subtype Duplex Up and Down
Tax Year 2026
Gross Income 19200
Accessibility None
County Lac qui Parle
Operating Expense 2200
Insurance Expense 600
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Subdivision Name City/Madison
Directions From 8th Ave go east 1 1/2 blocks
City Madison
High School District Lac Qui Parle Valley
Zoning Description Residential-Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 372
Electric Expense 3600
Fuel Expense 600
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Partial Unfinished
Basement (Y/N) Y
Above Grade Finished Area 713
Laundry Features Main Level Upper Level
Total Bedrooms 1
Below Grade Finished Area 0
Total Baths 1
Fuel Natural Gas
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Exterior
Water Source City Water/Connected
Lot Size Area 0.051
Building Area Total 2163
Lot Dimensions 30x75
Waterfront Y/N N
Foundation Area 950
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 617
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* Excluded Features
List By
Peterson Team Realty

Broker

dpetersonrealty@outlook.com

Email

Affordability Calculator

$580
Per Month
95%
5%
0%
Monthly Principal & Interest
$549
Monthly Property Taxes
$31
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3048626 Elementary School
3048785 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/1/2026$79,500 Listed Price

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617 W 3rd Street, Madison, MN, 56256 is a Multi-Family Home for sale at $79,500 with 713 sqft and a lot size of 0.051. 617 W 3rd Street has 1 bedrooms, 1.0 baths, and was built in 1900. The property's zip code is 56256 which is in Madison, MN

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