About This Home
This 5-bedroom, 3-bathroom residential multi family at 220 Maple Avenue SW in Elysian, MN is listed for $2,400,000 ($139 per sqft). Built in 2021, the home offers 17,280 sqft of living space on a 2.15 acres lot.
Key Features
- Built in 2021
- 2.15 acre lot
Property Details
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.
Monthly Cost Estimate
$12,836/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
220 Maple Avenue SW
Elysian, MN 56028
Hidden Meadows
Property Details
Construction
Outdoor Features
Parking
Heating
Questions & Answers
This 5-bedroom, 3-bathroom residential multi family at 220 Maple Avenue SW is listed at $2,400,000 ($139/sqft). The estimated monthly payment is $12,836 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2021, 2.15 acre lot.
This property is listed by Eric Malmberg and can be reached at (952) 226-7700.


