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Listed price in listed location currency (USD).
$2,400,000

956

MLS® 7039821

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 17280 sqft
Garage 
Taxes $24,772
Days Active 6
Lot Size 
Approx. Age 2021
Avg. Price Per Sqft $138
MLS® Number 7039821

Property Address: 220 Maple Ave Sw, Elysian, MN, 56028-2063

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a fully stabilized, newer-construction 16-unit portfolio delivering immediate cash flow and long-term upside. Built in 2021/2022, this package includes four 4-plexes (two two-story, one single-level, one bi-level) strategically positioned on 2.15 acres. This is true turnkey investing—all 16 units are fully leased with a proven rental history, minimizing lease-up risk and operational uncertainty from day one. Units are designed for durability and tenant retention, featuring modern, low-maintenance finishes including LVP flooring, stainless appliances, spacious kitchens with islands, in-unit laundry, and separate HVAC systems. Private patios/decks, strong natural light, and ample off-street parking enhance tenant appeal and support consistent occupancy. Investment Highlights: 17, 208 finished sq ft, 16 units, 36 bedrooms, 20 bathrooms, Gross annual income: $243, 000, Operating expenses: $61, 692 Strong in-place cash flow with efficient expense ratio. Newer construction = reduced capital expenditure risk. With limited comparable inventory of newer multi-family assets, this portfolio offers a compelling blend of stability, efficiency, and scalability. Ideal for investors seeking immediate yield with long-term hold potential. Offered as a package. Full financials and rent roll available upon request.
MLS® Number7039821
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2021
Basement
DrivewayOff Street, No Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 1, 2026List Date
$2,400,000List Price
  • Commute

Commute

Starting Address
Destination Address
220 Maple Ave Sw, Elysian, MN

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