220 Maple Avenue Sw, Elysian, MN

$2,400,000

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5

Beds

3

Baths

17,280

Square feet

2.15

Acres

About 220 Maple Avenue Sw

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.

Features of 220 Maple Avenue Sw

MLS® # 7046788
Price $2,400,000
Bedrooms 5
Bathrooms 3.00
Square Footage 17,280
Acres 2.15
Year Built 2021
Type Residential Income
Sub-Type Fourplex
Status Active

Community Information

Address 220 Maple Avenue Sw
Subdivision Hidden Meadows
City Elysian
County Le Sueur
State MN
Zip Code 56028

Amenities

Parking Parking Lot, Paved Lot
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No

Exterior

Exterior Features Stone, Vinyl
Lot Description Corner Lot, Underground Utilities
Construction Frame

School Information

District Waterville-Elysian-Morristown

Additional Information

Days on Market 166
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $24,772
Tax Year 2026

Listing Details

OfficeRE/MAX Advantage Plus

Listing Map

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