220 Maple Avenue Sw, Elysian, MN
$2,400,000
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 |
| Finished SQFT | 17,280 |
| Acres | 2.15 |
| Year Built | 2021 |
| Type | Single Family |
| Sub-Type | Fourplex |
| Status | Active |
| Contingency Type | None |
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 |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior Features | Stone, Vinyl |
|---|---|
| Lot Description | Corner Lot, Underground Utilities |
| Construction | Frame |
School Information
| District | Waterville-Elysian-Morristown |
|---|
Additional Information
| Zoning | Residential-Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $24,772 |
| Tax Year | 2026 |
| Office | RE/MAX Advantage Plus |
Listing Details
| Office | RE/MAX Advantage Plus |
|---|