Building Details

Building Size 20,714 SF

Year Built 1974

Stories 2

Units 23

Tenancy Multi

Listing Agency: RE/MAX Results d***@dylanmaitland.com Show Phone

Listed By: Dylan A Maitland Show Phone

Source: Juverealestate

Added: May 28 Changed: Aug 7 Last Checked: Aug 20 at 2:16PM

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Investment Insights

Based on property information with market context.

This for-sale multifamily property is a 23-unit apartment building configured with fourteen 2-bedroom units and nine 1-bedroom units.

The offering is presented as a value-add investment with opportunities for active management and upgrades. The property is listed for $675,000.

No additional building details, unit amenities, or physical improvements were provided in the available information.

Key Highlights

• 23‑unit apartment building built in 1974
• Unit mix includes 14 two‑bedroom units
• Unit mix includes 9 one‑bedroom units

Property Analytics

Property Profile

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

23

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

188

Businesses Nearby

Explore this area Business Placement

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 - For sale 23-unit apartment building featuring fourteen two-bedroom units and nine one-bedroom units.

Where is this apartment building located?

The property is located at 3200 Maple Avenue Slayton, MN.

What is the asking price?

The asking price for this property is $645,000.

What are key features of this property?

This property features: 23‑unit apartment building built in 1974; Unit mix includes 14 two‑bedroom units; Unit mix includes 9 one‑bedroom units