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Elysian, MN Apartment Buildings for Sale

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Newer-Construction 16-Unit Portfolio
Updated: Apr 2
Newer-Construction 16-Unit Portfolio

220 Maple Ave SW, Elysian, MN 56028

$2,400,000
17,280 sqft 2.15 AC lot
16 fully leased units in four 4‑plex buildings, built in 2021–2022, offered as a package
Gross annual income of $243,000 with operating expenses of $61,692
17,208 finished SF total with 36 bedrooms and 20 bathrooms across the 16 units
Units feature in‑unit laundry and private patios/decks, plus separate HVAC systems
Modern, low‑maintenance interiors include LVP flooring and stainless appliances
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elysian, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

138 N Main St, Janesville, MN 56048

$475,000
12,361 sqft

Seven renovated apartments accompany three commercial suites in a downtown building with additional lower-level space.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

03-307-309 2nd Street NW, Waseca, MN 56093

$525,000
0.54 AC lot

Combination of occupied apartments and self-storage units supports two established commercial uses.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

138 N Main Street, Janesville, MN 56048

$450,000
0.28 AC lot

The property combines residential units, commercial suites, and additional lower-level space.

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Mixed-Use Property with Storage
Mixed-Use Property with Storage

307-309 2nd Street Northwest, Waseca, MN 56093

Contact for pricing

The nine apartments are fully occupied, and tenants pay their own heat and electric.

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Elysian, MN Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Elysian, MN on our real estate platform. These investment opportunities span a total of 17,280 square feet of properties for sale, with an estimated market value of $2,400,000.

Sale prices for apartment complexes in Elysian, MN average $2,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,057
Population Growth (5Y) -16.6%
Median Household Income $103,542
College Educated 45.4%

High-Yield Neighborhoods for Investment

Identify Elysian submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
56028 $2.4M

Taxes & Financing

Tax Rate (average for all types) 1.79%
Property Tax per SF $34.29 per SF
Tax Rate vs County Average 0.67 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Le Sueur County

New Delisted

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