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12-Unit Apartment Building
For Sale
$1,050,000
Pending

190 Country Club Road SW, Melrose, MN 56352

Apartments pair varied bedroom layouts with an attached garage for every residence.

Property Size24,572 SF
Days on Market41

Property Features for 190 Country Club Road SW

General Information

Standard status Pending
Size 24,572 SF
Total Parking Spaces 12
Property subtype Commercial
Occupancy 100%

Units

Unit Mix 10 x 2BR/2BA, 2 x 1BR/1BA + den
Multifamily Units 12

Additional Details

Highway Access Yes
Tenant in Place Yes

Amenities

on-site coin operated laundry

Building Details

Year Built 1995
Listing Agency: Edina Realty, Inc
Listed By: Dylan Vogt
Source: Ashworthre
Added: Sep 21 Changed: Oct 30 Last Checked: Oct 30 at 10:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Edina Realty, Inc

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Investment Insights

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This 12-unit apartment property dates to 1995 and offers two layouts: ten residences with two bedrooms and two baths, plus two one-bedroom, one-bath units with a den. Each apartment has an attached garage. Coin-operated laundry adds an on-site amenity and income stream. Occupancy is 100%, with professional management in place.

Roofing and siding were completed in 2025. Residents pay for electricity, including hot water; ownership covers cold water, sewer and refuse. The property is in Melrose near I-94, approximately 30 minutes from both the St. Cloud metro and Alexandria Lakes Area. Meadowlark Country Club & Golf Course is a couple of blocks away.

Key Highlights

  • 12 apartments; 100% occupied and professionally managed
  • 10 two‑bedroom, two‑bath units and 2 one‑bedroom, one‑bath units with a den
  • An attached garage is included with every apartment

Property Analytics

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Lease Details

12
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby

Demographics for 56352, MN

5,775
Population
2,656
Households
2.2
Avg Household Size
39
Median Age
19%
College-Educated
93%
High-School Grad
109.9 sq mi
ZIP Area
53
Density / Sq Mi
$71,356
Median Household Income
$43,909
Median Earnings
$1,047
Median Rent
$225,100
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Apartments pair varied bedroom layouts with an attached garage for every residence.
Where is this apartment building located?
The property is located at 190 Country Club Road SW Melrose, MN.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 12 apartments; 100% occupied and professionally managed; 10 two‑bedroom, two‑bath units and 2 one‑bedroom, one‑bath units with a den; An attached garage is included with every apartment
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