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9 Beds
5 Baths
17,280 sqft

$2,400,000

220 SW Maple Avenue, Elysian MN, 56028

Price per sqft$138.89
Built in2021
Property size17,280 sqft
Property typeMulti-family

Overview

Active

Listed Oct 3, 2026

Updated 3 weeks ago

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.

$15,967/mo

Est. mortgage payment based on a $2,400,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
267041660

Interior Features

Bedrooms
9
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
2.15 Acres

Other Property Details

Taxes
$24,772
Tax Frequency
Annually

Listed by REBECCA R THATE with Parkway Real Estate
Listing Contact: [email protected] 

Based on information from Realtor Association of Southern Minnesota. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Massad Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Realtor Association of Southern Minnesota.

Data last updated 10/4/2026

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