Courtesy: RE/MAX Advantage Plus
320-264-9241
Excellent turnkey triplex investment opportunity in Monticello! This fully occupied property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit with established tenants and lease agreements in place, offering immediate cash flow and stable rental income. Numerous updates have been completed throughout the property, including remodeled kitchens, bathrooms, flooring, fixtures, and finishes that contribute to strong tenant appeal and pride of ownership. Major improvements include a new roof (2025), new water heater (2025), and new furnace (2021), helping minimize future capital expenses. Separate electric meters serve each unit, and the property is situated on a spacious half-acre lot, offering exceptional outdoor space and flexibility rarely found with multifamily properties. Conveniently located near downtown Monticello, parks, schools, shopping, dining, and major commuter routes, this well-maintained property offers immediate cash flow, a strong rental history, and long-term investment potential. Income and expense information available upon request.
Courtesy: Edina Realty, Inc.
763-295-3456
Excellent investment opportunity in the heart of Monticello! This triplex offers strong rental potential with recent upgrades throughout, including a new roof and updated plumbing in 2025. Each of the three units features its own private entrance, kitchen, and in-unit laundry, providing convenience and privacy for tenants. The property also includes a detached garage, concrete driveway and ample parking. Conveniently located near shopping, restaurants, parks, and easy freeway access, this is a fantastic opportunity to add to your investment portfolio or owner-occupy while generating rental income.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. 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. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2026, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved
Monticello is located in Minnesota. Monticello, Minnesota has a population of 14,235. Monticello is more family-centric than the surrounding county with 43.92% of the households containing married families with children. The county average for households married with children is 42.07%.
The median household income in Monticello, Minnesota is $73,651. The median household income for the surrounding county is $94,276 compared to the national median of $69,021. The median age of people living in Monticello is 34.8 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 2.9 degrees. The average rainfall is approximately 30.5 inches per year, with 42.3 inches of snow per year.
