617 3rd St

Madison, MN 56256

$79,500
Price
1
Bed
1
Bath
713 Sq. Ft.
$112 / Sq. Ft.
713
Sq. Ft.
$112
per Sq. Ft.
Get preapproved with Rocket Mortgage1
New
New

Description

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...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.
  1. Listed by Peterson Team Realty

Property Details for 617 3rd Street

Subdivision Name
City/Madison
Waterfront YN
No
Zoning Jurisdiction
Residential-Multi-Family
LISTING UPDATED: 06/02/2026 10:06 AM

Property Details for 617 3rd Street

StatusActive
MLS #7084703
Days on CompassListed Today
Taxes$372 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex Up and Down
Year Built1900
Lot Size0.05 AC / 2,221 SF
CountyLac qui Parle County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Peterson Team Realty
Add your commute

Building Information for 617 3rd Street

Stories-Residences2Year Built1900Building Size-Lot Size0.05 AC / 2,221 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$427 per month

30 year fixed, 6.36% Interest

Principal and Interest

$396

Property Taxes

$31

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 617 3rd Street

Summary
Location and General Information
  • City Name: Madison
  • County Or Parish: Lac qui Parle
  • County: Lac qui Parle-MN
  • Directions: From 8th Ave go east 1 1/2 blocks
  • Latitude: 45.011082
  • Longitude: -96.194074
  • Map Coordinate: 999-A1
  • City and Location: Madison
  • City and Location Text: Madison(MN)
  • Postal Code: 56256
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 540299000
  • Tax Annual Amount: $372.00
  • Tax Legal Description: W 30' OF E 55' OF LOTS 22,23, & 24 BLK 38
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2026
  • Tax With Assessments: 372
School Information
  • High School District: 2853 - Lac Qui Parle Valley
  • School District Number: 2853
  • School District Phone: 3207524205
Property
Lot Information
  • Above Grade Fin SQFT: 713.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 713.0
  • Living Area Units: Square Feet
  • Lot Size Area: 0.051
  • Lot Size Dimensions: 30x75
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Duplex Up and Down
  • Property Type: Residential Income
  • SQFT Main Total: 950
  • Building Area Total: 2163.0
  • Above Grade SqFt Total: 1663
  • Below Grade SqFt Total: 500
Utilities
  • Electric: Circuit Breakers
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Exterior Features: Vinyl
  • Foundation Area: 950.0
  • Foundation Details: Poured Concrete
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Age 8 Years or Less, Asphalt
Interior Features
  • Basement Type: Partial, Unfinished
  • Bathrooms Total Count: 1
  • Bedrooms Total: 1
  • DP Resource: Yes
  • Heating: Forced Air
  • Laundry Features: Main Level, Upper Level
  • Levels: Two
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Amenities: Washer/Dryer Hookup
  • Unit Appl: Dryer, Range, Refrigerator, Washer
  • Unit Bath 3Qtr: 1
  • Unit Bath Description: Main Floor 3/4 Bath, Upper Level Full Bath
  • Unit Cool System: Central
  • Unit Monthly Expenses: 175
  • Unit Rooms Total: 6
  • Unit SqFt: 950
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Dining Room Description: Informal Dining Room
  • Unit Is Leased: N
  • Unit Type Total Rent: 800
  • Unit Furnished: Unfurnished

Property History for 617 3rd Street

DateEvent & SourcePriceAppreciation
Jun 1, 2026

Price Change

NorthStar #7084703

$79,500—
Jun 1, 2026

Listed (Active)

NorthStar #7084703

—
Nov 28, 2018

Sold (Public Record)

Public Record #1304230672

$10,000—
DateEvent & SourcePrice
06/01/2026

Price Change

NorthStar #7084703

$79,500
06/01/2026

Listed (Active)

NorthStar #7084703

—
11/28/2018

Sold (Public Record)

Public Record #1304230672

$10,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 617 3rd Street

Taxable ValueLand$2,900Additions$23,200Total$26,100
Tax Record2025$372 ($31 / month)
Home Facts
Beds0StyleSingle Family ResidenceCountyLAC QUI PARLEAPN54-0299-000

Schools near 617 3rd Street

This home is within Lac Qui Parle Valley School Dist..
Rating
School
Type
Grades
Distance
Madison-Marietta-Nassau Elementary School
Public - PK to 4
Lac Qui Parle Valley Secondary
Public - 7 to 12
Lac Qui Parle Valley Middle School
Public - 5 to 6
Appleton Elementary School
Public - PK to 4
Rating
School
Distance
Madison-Marietta-Nassau Elementary School
PublicPK to 4

Lac Qui Parle Valley Secondary
Public7 to 12

Lac Qui Parle Valley Middle School
Public5 to 6

Appleton Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Explore Nearby Homes

More information about 617 3rd Street, Madison, MN 56256

617 3rd Street is a multi-family home for sale in Madison, MN 56256. This property was listed for sale on June 1, 2026 by Peterson Team Realty, it's currently listed at $79,500. It has been on the market for a total of 0 days and was last sold on November 28, 2018. This listing's school district is Lac Qui Parle Valley School Dist.. Nearby schools include Madison-Marietta-Nassau Elementary School, Lac Qui Parle Valley Secondary and Lac Qui Parle Valley Middle School. 617 3rd Street is a 1-bed, 1-bath, 713 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Peterson Team Realty

Based on information submitted to the MLS GRID as of 06/02/2026 10:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.