104 NE Frank Avenue Elysian, MN 56028
For Sale MLS# 7040315
4 beds 3 baths 2,859 sq ft Multi-family
Listed by: Edina Realty Inc. Mankato
Details for 104 NE Frank Avenue
MLS# 7040315
Description for 104 NE Frank Avenue, Elysian, MN, 56028
Spacious up/down duplex in Elysian with active rental license renewed in 2025 and valid for 3 years! This well-maintained property offers over 2,800 finished sqft on a generous 0.52-acre lot with strong income potential and owner-occupant flexibility. Unit 1 features 3 bedrooms, 2 full baths, plus a loft, with the main floor and upper level layout currently rented for $1,600/month (lease through 7/31/26). Unit 2 is a remodeled 2-bedroom lower-level walkout unit with 3/4 bath, fenced backyard access, and market-ready rental potential at $1,300/month. Recent updates include new water heater (2024), newer carpet and new stackable washer/dryer in Unit 1, plus extensive 2022–2023 basement remodel including new counters, sink, refrigerator, and range in Unit 2. Oversized 2-stall detached garage, extra-wide driveway with ample off-street parking, and additional storage space add major value. Just a 5-minute walk to Lake Francis, this property offers strong cash flow potential, plenty of space, and an excellent opportunity for investors or owner-occupants alike!
Listing Information
Property Type: Multi-family, Duplex - Up & Down
Status: Active
Bedrooms: 4
Bathrooms: 3
Lot Size: 0.52 Acres
Square Feet: 2,859 sq ft
Year Built: 1887
Foundation: 969 sq ft
Garage: Yes
Stories: 2 Story
Construction: Frame/Wood
Number Of Units Total: 2
County: Le Sueur
Days On Market: 19
Construction Status: Previously Owned
School Information
District: Waterville-Elysian-Morristown #2
Interior Features
Square Footage above: 1,890 sq ft
Square Footage below: 969 sq ft
Basement: Egress Windows, Full, Walkout, Finished, Concrete Block, Walk-out, Daylight/Lookout Windows
Additional Interior Features: Mechanicals - Water Heater - Electric,Sump Pump,Water Softener-None
Utilities
Water: City
Sewer: City
Heating: Natural Gas, Forced Air
Exterior / Lot Features
Garage Spaces: 2
Open Parking: 2
Parking Description: Detached
Exterior: Metal
Roof: Asphalt Shingles
Lot Dimensions: 150' x 150'
Additional Exterior/Lot Features: Driveway - Asphalt, Patio, Fenced Yard - Full, Additional Land Available, Paved Streets, Tree Coverage - Medium, Underground Utilities, Road Frontage - City, Paved
Unit Information
Unit 1 Actual Rent: 1600
Unit 1 Baths Total: 2
Unit 1 Beds Total: 3
Unit 1 Rooms Total: 11
Unit 2 Actual Rent: 1300
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Unit 2 Rooms Total: 7
Driving Directions
FROM MN-60: turn left or right onto 1st St N, turn right onto Frank Ave NE, the house is on your left. FROM Ridge Rd/Elysian Rd: continue onto 1st St N, turn left onto Frank Ave NE, the house is on your left.
Financial Considerations
Terms: Cash,Conventional,DVA,FHA,MHFA (L)
Tax/Property ID: 16.440.0110
Tax Amount: 2632
Tax Year: 2026
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Payment Calculator
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 & Tax Summary for 104 NE Frank Avenue
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 104 NE Frank Avenue
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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.
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