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32-Unit Senior Apartment Building
For Sale
$599,900

3200 Maple Avenue #2, Slayton, MN 56172

One-bedroom residences include shared areas, individually metered electric service, and on-site parking.

Property Size27,513 SF
Days on Market251

Property Features for 3200 Maple Avenue #2

General Information

Standard status Active
Size 27,513 SF
Property subtype Commercial
Zoning Residential-Multi-Family

Units

Unit Mix 32 x 1BR
Multifamily Units 32

Taxes and HOA fees

Annual Taxes $1,768

Building Details

Building Size 27,513 SF
Year Built 1979
Stories 3
Units 32
Listing Agency: RE/MAX Results
Listed By: Dylan A Maitland
Source: Ivyrealestategroup
Added: Dec 11, 2025 Changed: Aug 17 Last Checked: Aug 19 at 2:06PM

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 RE/MAX Results

Investment Insights

Based on property information with market context.

Located at 3200 Maple Avenue #2 in Slayton, Minnesota, this 32-unit senior apartment property was built in 1979 and is configured with one-bedroom residences. The building includes common areas, on-site parking, and individually metered electric service, providing a consistent physical layout across the property.

An updated boiler system serves the building, which is described as being in solid overall condition. The property is zoned Residential-Multi-Family and has a HUD/Section-8 contract in place through 2036.

Key Highlights

  • 32 one‑bedroom senior apartment units
  • HUD/Section‑8 contract in place through 2036
  • Updated boiler system

Property Analytics

Current Use

Maple Tree Est. Apartment Building Southgate Apartments Apartment Building

Suggested Use

Top Pick Dental Office Plumbing Service Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

32
Residential units

Location Intelligence

Trade Area within ½ mile

188
Businesses Nearby

Demographics for 56172, MN

2,954
Population
1,645
Households
1.8
Avg Household Size
48
Median Age
31%
College-Educated
92%
High-School Grad
116.3 sq mi
ZIP Area
25
Density / Sq Mi
$79,583
Median Household Income
$45,540
Median Earnings
$707
Median Rent
$189,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - One-bedroom residences include shared areas, individually metered electric service, and on-site parking.
Where is this apartment building located?
The property is located at 3200 Maple Avenue #2 Slayton, MN.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 32 one‑bedroom senior apartment units; HUD/Section‑8 contract in place through 2036; Updated boiler system
More about this property
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