$2,400,000
220 Maple Avenue SW Elysian, MN 56028
For Sale MLS# 7046788
5 beds 3 baths 17,280 sq ft Multi-family
Details for 220 Maple Avenue SW
MLS# 7046788
Description for 220 Maple Avenue SW, Elysian, MN, 56028
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.
Listing Information
Property Type: Multi-family, Four Plex
Status: Active
Bedrooms: 5
Bathrooms: 3
Lot Size: 2.15 Acres
Square Feet: 17,280 sq ft
Year Built: 2021
Foundation: 11,552 sq ft
Stories: 2 Stories
Subdivision: Hidden Meadows
Number Of Units Total: 4
County: Le Sueur
Days On Market: 12
Construction Status: Previously Owned
School Information
District: 2143 - Waterville-Elysian-Morristown
Additonal Room Information
Laundry: In Unit, Washer Hookup, Laundry Closet, Electric Dryer Hookup
Interior Features
Square Footage above: 17,280 sq ft
Accessibility: Other, Doors 36+
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Open Parking: 32
Parking Description: Parking Lot, Paved Lot, Garage Dimensions - 0x0, Garage Sq Ft - 0.00
Exterior: Brick/Stone, Vinyl
Lot Dimensions: 2.15
Zoning: Residential-Multi-Family
Additional Exterior/Lot Features: Corner Lot, Underground Utilities, Road Frontage - City, Paved Streets
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1150
Unit 1 Baths Total: 1
Unit 1 Beds Total: 2
Unit 1 Rooms Total: 5
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1650
Unit 2 Baths Total: 2
Unit 2 Beds Total: 3
Unit 2 Rooms Total: 9
Driving Directions
MN Hwy 60 to NW 3rd to Southwest Maple Ave SW.
Financial Considerations
Other Annual Tax: $7,386
Tenant Pays: All Utilities,Cable T.V.,Electric,Gas,Heat,Telephone,Water
Owner Pays: Exterior Maintenance,Grounds Care,Insurance,Lawn,Maintenance/Repair,Repairs,Snow,Taxes,Trash
Gross Income: 243000
Expense: 61692
Tax/Property ID: 164260030
Tax Amount: 24772
Tax Year: 2026
HomeStead Description: Non-Homesteaded
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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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 220 Maple Avenue SW
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 220 Maple Avenue SW
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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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