$1,349,999

315 E Main Street, Cyrus, MN 56323

Save Contact

$1,349,999

(50,000) 04/24/2026

Courtesy: Edina Realty, Inc. Listed by: Edina Realty, Inc.

315 E Main Street Cyrus, MN 56323

For Sale MLS# 7011649

20,246 sq ft Commercial

Courtesy: Edina Realty, Inc. Listed by: Edina Realty, Inc.

Comments

Notifications

To receive email notifications, you need to update your profile with your email address.
Data current as of 30/04/2026 22:31:19

Details for 315 E Main Street

MLS# 7011649

Description for 315 E Main Street, Cyrus, MN, 56323


Excellent investment opportunity in charming Cyrus! This 24 unit apartment complex operates at nearly 100% occupancy and provides plenty of green space that is so coveted by the apartment clientele. Located 22 miles SW of Alexandria, 6.5 miles East of Morris and 9 miles West of Starbuck, there is plenty of draw to this smaller but well maintained country town. Comprised of 3 separate 8-unit buildings, this complex provides ample parking, well-maintained grounds, several updates and a great return! Main St building is all main level living with 8-1 bedroom units and Cyrus Garden East and West buildings mirror each other with 7-2 bedroom units and 1-1 bedroom unit in each. Start investing in real estate today or expand your portfolio with this turn-key complex that will start making you money on day one!

Listing Information


Property Type: Commercial, Apartments/Multi Family

Status: Active

Bedrooms: 38

Bathrooms: 24

Lot Size: 1.03 Acres

Square Feet: 20,246 sq ft

Year Built: 1983

Foundation: 13,142 sq ft

Subdivision: Cyrus City

Number Of Units Total: 24

Current Use: Residential

County: Pope

Days On Market: 98

Construction Status: Previously Owned

School Information


District: 2769 - Morris Area

Interior Features


Appliances: Range, Refrigerator

Flooring: Carpet

Doors/Windows: Window Treatments

Accessibility: Partially Wheelchair

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Separate,Heating Common,Hot Water Common

Cooling: Wall

Heating: Natural Gas, Boiler

Exterior / Lot Features


Open Parking: 36

Parking Description: Paved Lot, Driveway - Asphalt

Exterior: Vinyl, Steel Siding

Roof: Asphalt Shingles

Lot Dimensions: 300 150

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features: Land Inclusions - Building,Business,Business Assets,Land, Road Frontage - Paved Streets, City

Unit Information


Unit 1 Baths Total: 1

Unit 1 Beds Total: 1

Unit 2 Baths Total: 1

Unit 2 Beds Total: 1

Unit 3 Baths Total: 1

Unit 3 Beds Total: 2

Unit 4 Baths Total: 1

Unit 4 Beds Total: 2

Unit 5 Baths Total: 1

Unit 5 Beds Total: 2

Unit 6 Baths Total: 1

Unit 6 Beds Total: 2

Driving Directions


3 Building. E Main St in Cyrus, N Oleson and N Stromen.

Financial Considerations


Tenant Pays: Electric

Owner Pays: Common Area Maintenance,Exterior Maintenance,Gas,Heat,Hot Water,Insurance,Janitorial,Lawn,Maintenance/Repair,Sewer,Snow,Taxes,Trash,Water

Gross Income: 199032

Tax/Property ID: 220059000

Tax Amount: 14942

Tax Year: 2025

HomeStead Description: Non-Homesteaded

Property price
$
Down payment
$
%
Select Interest Rate
%
Loan term
Property taxes
$
/yr
HOA dues
$
/mo
Homeowners insurance
$
/yr
$0/yr
Show advanced features

Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 315 E Main Street

Schools in attendance boundaries Grades Distance Rating
Loading...


Schools nearby Grades Distance Rating
Loading...

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

Coming soon properties will soon be on the market, but are not yet available for showings.

Loading...