LKV Realty
Logo
$2,400,000
$6,800Reward *
220 Maple Avenue SW, Elysian, MN 56028Listing ID 7046788

220 Maple Avenue SW, Elysian, MN 56028

Active
Hidden Meadows
Time on site: 136 daysLast updated: May 27, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Fourplex
Bedrooms
Bedrooms
5
Bathrooms
Bathrooms
3
Square Feet
Square Feet
17,280
Days on Site
Days on Site
78
Heating
Heating
Forced Air
Year Built
Year Built
2021
Parking
Parking
Parking Lot, Paved Lot

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.

Property Information

Property Details

Location

Address
220 Maple Avenue SW
County
Le Sueur
City
Elysian
Zip Code
56028
Subdivision
Hidden Meadows
School District
Waterville-Elysian-Morristown

Interior Features

Beds and Baths

Bedrooms
5

Building

Building Information

Square Feet
17,280
Year Built
2021
Construction
Frame
Foundation
Slab

Property Taxes

Tax Annual Amount
$24,772
Tax Year
2026
RE/MAX Advantage Plus, (507) 514-6105

Market Report for 56028

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Northstar MLS
Northstar MLS logo

Based on information submitted to the MLS GRID as of 13 Aug 2026, 12:02 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

NST503000768