220 SW Maple Avenue, Elysian, MN 56028
220 SW Maple Avenue, Elysian, MN 56028
220 SW Maple Avenue, Elysian, MN 56028
66
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$2,400,000
Est. payment /mo
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36 Beds
20 Baths
17,280 SqFt
Active

220 SW Maple Avenue Elysian, MN 56028

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Jeremy Moore

Jeremy Moore

+1(651) 895-9324

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 17,280 sqft

Price per Sqft $138

Subdivision Mn

MLS Listing ID 7039821

Style 4-plex

Bedrooms 36

Full Baths 1

Construction Status Previously Owned

Abv Grd Liv Area 17,280

Total Fin. Sqft 17280

Annual Tax Amount $24,772

Tax Year 2026

Lot Size 2.150 Acres

Acres 2.15

Lot Dimensions 2.15 acres

Property Sub-Type Multi-Family

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: $61,692 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.

Location

State MN

County Le Sueur County

Area Elysn/Watervle

Direction SW

Interior

Heating Forced Air

Appliance Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer

Exterior

Exterior Feature Stone, Vinyl

Parking Features None

Garage Description None

Amenities Available Ceiling Fans, Eat-In Kitchen, Kitchen Center Island, Natural Woodwork, Washer/Dryer Hookups, # Off Street Prkng Sp (L)

Roof Type Asphalt Shingles

Farm No

Total Parking Spaces 2

Building

Lot Description Corner Lot, Landscaped, Paved Streets, Telephone

Story 2 Story

Foundation 11552

Sewer City

Water City

Structure Type Frame/Wood

Construction Status Previously Owned

Schools

School District Waterville-Elysian-Morristown #2143

Others

Energy Description Natural Gas

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://mn-home-tours-1.aryeo.com/sites/rmobkzwm/unbranded

Listed by Re/Max Advantage Plus Mankato
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Jeremy Moore

"Buying a home is one of the biggest decisions you’ll make. You deserve to be in the driver’s seat with someone in your corner who tells it to you straight. My job is to make the process clear, cut through the noise, and make sure you understand the full picture every step of the way. "

+1(651) 895-9324

hello@jeremymoore.homes

Sleepy Eye, MN 56085, USA

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220 SW Maple Avenue