207 and 213 9th Avenue, Madison, MN 56256

$980,000
Property Type: Commercial Baths: 1 Lot Size (sq. ft.): 27,878 Status: Active
Current Price: $980,000 List Date: 12/26/2025 Last Modified: 6/05/2026

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 Present
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
Assessment Balance
0

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
Building Sign
Yes

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

Office/Member Info

Association
WCAR

Location, Tax and Other Information

Legal Description
PARCEL OF LAND IN E1/2SW1/4 BEG AT INTERSEC OF S LINE OF 2ND ST & W LINE OF 9TH AVE, N 213' TO PT OF BEG, W 177', N 157', E 177', S 157' TO BEG.
Listing City
Madison
Map Page
999
Municipality
Madison
School District
Lac Qui Parle Valley
School District Phone
320-752-4205
Zip Plus 4
25
Property ID Number
540640040
Tax Year
2025
Tax Amount
16989.96
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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.
Directions
WEST SIDE OF MADISON

Accessible

Doors 36"+
Yes

Air Conditioning

Wall Unit(s)
Yes

Amenities Shared

Coin-op Laundry Owned
Yes

Amenities Unit

Balcony
Yes
Patio
Yes

Appliances

Range
Yes
Refrigerator
Yes

Basement

None
Yes

Construction Materials

Frame
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes

Fencing

None
Yes

Flooring

Carpet
Yes
Vinyl/Linoleum
Yes

Foundation

Slab
Yes

Fuel

Electric
Yes

Heating

Baseboard
Yes

Lock Box Type

Combo
Yes

Lot Description

Tree Coverage - Light
Yes

Parking Characteristics

Paved Lot
Yes

Patio, Porch and Deck Features

Deck
Yes
Patio
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Asphalt Shingles
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Wall Description

Drywall
Yes

Water

City Water/Connected
Yes

No. of Ranges

One
Yes

No. of Refrigerators

One
Yes

On Site Utilities

Electric Separate
Yes

CMU Style

Apartments/Multi Family
Yes

Current Use

Other
Yes

Loan Terms

Cash
Yes
Conventional
Yes

Location Description

Other/See Remarks
Yes

Potential Use

Income
Yes

Rent Rate per Foot

Per Month
Yes

Documents

IDX
Listing Office: Peterson Team Realty
Last Updated: June - 05 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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