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220 Maple Avenue Sw, Elysian, MN 56028

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Listed By

Agency Name: RE/MAX Advantage Plus
Agency Phone: 507-514-6105

Shown By

Agency Title: Counselor Realty
Agency Phone:

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Property 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: $61,692Strong 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.

220 Maple Avenue Sw | MLS# 7046788

This multi-family property located at 220 Maple Avenue Sw, Elysian, MN 56028 is currently listed for sale with an asking price of $2,400,000. Maple Avenue Sw is located within the Waterville-Elysian-Morristown school district. Search Elysian real estate on www.counselorrealty.org today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Heating: Forced Air
Lot Size: 2.15 Acres
Taxes: $24,772
Year Built: 2021

Feature Descriptions

Accessibility: Doors 36+
Days on Site: 3
Exterior: Frame
Foundation Size: 11552
Lot: Corner Lot, Underground Utilities
Lot Dimensions: 2.15
Owners Expense: Exterior Maintenance, Grounds Care, Insurance, Repairs, Snow Removal, Taxes, Trash Collection
Parcel#: 164260030
Parking: Parking Lot, Paved Lot
Road Frontage: City Street, Paved Streets
Sewer: City Sewer/Connected
Tenant Expenses: All Utilities, Cable TV, Electricity, Gas, Heat, Telephone, Water
Units: 4
Water: City Water/Connected

Local Schools

School District: Waterville-Elysian-Morristown

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Estimated Payment

$ 15,538.14 per month $12,773.81 Principal & Interest $2,064.33 Property Tax $700.00 Homeowner's Insurance

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