# 215 S 5th Street, Montevideo, MN 56265

> **TL;DR:** commercial, $899,900, built 1910. Est. $3,900/mo. Listed 136 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $899,900 |
| Year Built | 1910 |
| Lot Size | 23,000 sqft (0.53 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 136 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,900 |
| **Total** | **$3,900** |

## Property Highlights

- Built in 1910
- 0.53 acre lot

## Description

### 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.

## Location

- **Address:** 215 S 5th Street, Montevideo, MN 56265
- **County:** Chippewa-MN
- **Coordinates:** 44.9437876, -95.72089918
- **Google Maps:** https://www.google.com/maps?q=44.9437876,-95.72089918

## Listing Agent

- **Name:** Jason Dowdey
- **Brokerage:** Weichert,Realtors-Tower Properties
- **Phone:** 2188257787
- **Email:** jasondowdey@gmail.com

## Primary Photo

![215 S 5th Street - Primary Photo](http://lh.rdcpix.com/becc06013d4cd51ed1017b0162725161l-f1305945936r.jpg)

*113 total photos available on [listing page](https://www.propertysimple.com/listing/215-s-5th-street-montevideo-mn-56265-7009752)*

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**MLS#:** 7009752 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/215-s-5th-street-montevideo-mn-56265-7009752)

---

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