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34048301
34048318

1806 Lincoln Ave, Montevideo, MN 56265

MB
MN 40048013
SVN | GC Real Estate
TS
MN 40795096
SVN | GC Real Estate
MW
MN 20599441
SVN | GC Real Estate
Listed by SVN | GC Real Estate
$449,900
1107 days on market
Updated 1 day ago

Rosewood

Details
APN 703870110
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,800
Tenancy Vacant
Price per SqFt $86
Year Built 1980
Acreage 0.580
Zoning R-2 Multi-Family Residential

Former group home, 10 BRs, 2 kitchens, 2 living rooms, 4 bathrooms

Marketing description

Property Description

Offered for sale (Vacant) is a 5,800 SF residential income property currently configured as a shared-living / group-home style residence. The building features 10 bedrooms with potential for 11–12 bedrooms, multiple shared bathrooms, and extensive common areas including shared kitchens, dining space, living and activity rooms, laundry facilities, and office space.

The property includes ADA-accessible features such as grab bars, a handicap tub, and roll-in shower. Zoned R-2 Multi-Family Residential, the property offers future redevelopment or reconfiguration potential, subject to city approvals. This is not a traditional apartment building and does not contain individual dwelling units.

Ideal for specialty housing operators, shared-living concepts, workforce housing, or investors seeking a value-add or redevelopment opportunity.

Location Description

Located in a quiet residential area of Montevideo, Minnesota, the property sits within an established neighborhood with convenient access to local services, schools, and employment centers. The site offers a residential setting suitable for shared-living or specialty housing uses, with paved parking and easy access from Lincoln Avenue. The surrounding area consists primarily of residential properties, supporting long-term residential demand and stable neighborhood use.

Investment highlights

Highlights

  • 5,800 SF residential building on approximately 0.58 acres
  • 10 bedrooms with potential for 11–12 bedrooms (buyer to verify)
  • Multiple shared bathrooms
  • Shared kitchens and dining area
  • Shared living room and activity/common space
  • Office space that may be convertible to a bedroom
  • ADA-accessible features including roll-in shower and handicap tub
  • Common laundry room
  • Forced-air heat; natural gas
  • City water and sewer
  • On-site paved parking
  • Zoned R-2 Multi-Family Residential
  • Suitable for shared-living, group home, or specialty residential use
  • Redevelopment or conversion potential subject to municipal approvals

Listing Contacts

MB
MN 40048013
SVN | GC Real Estate
TS
MN 40795096
SVN | GC Real Estate
MW
MN 20599441
SVN | GC Real Estate
Listed by SVN | GC Real Estate

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Zoning

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R2 ResidentialMulti FamilyMultifamily Residential Medium Density
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View all 29 uses
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Mike Bobick
License
40048013
Brokerage
SVN
Name
Tom Sanquist, CCIM
License
40795096
Brokerage
SVN GC Real Estate
Brokerage Phone
3202822042
Title
Advisor
Brokerage Address
3345 West Street Germain Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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