Elk River, MN
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    Elk River, MN Multifamily Properties for Sale

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    Otsego, MN Ramsey, MN Nowthen, MN
    Elk River Investment Opportunity
    $2,500,000
    1.78 Acres
    Elk River Investment Opportunity

    11024-11038 183rd Circle NW, Elk River, MN 55330

    55+ 1-Level rental community with stable tenant base.
    • 55+ 1‑Level rental community built in 2020
    • Investment opportunity with 8 units (4 twin homes)
    • Each unit has separate PID for tax benefits and future sale flexibility
    • Stable, loyal tenants taking great care of units
    • Convenient location on a quiet cul‑de‑sac near shopping and highways
    Updated: Mar 16
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    55+ Community Investment Opportunity
    $2,650,000
    11,536 SF
    55+ Community Investment Opportunity

    11038 183rd Cir NW, Elk River, MN 55330

    Eight-unit, 55+ community built in 2020, great location.
    • 55+ 1‑Level rental community built in 2020
    • Investment opportunity with 8 units across 4 twin homes
    • Each unit has a separate PID for residential property tax rate
    • Stable and loyal tenant base
    • Conveniently located on a quiet cul‑de‑sac
    Updated: Mar 9
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Elk River, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Stabilized 43-Unit Multifamily Portfolio
    $3,550,000
    Stabilized 43-Unit Multifamily Portfolio

    Stabilized 43-unit portfolio across four neighboring assets, with electrical upgrades underway and upside through continued rent growth.

    2603 Golden Valley Rd, 3230 Penn Ave N, 4055 Lyndale Ave N, 801 21st Ave N, Minneapolis, MN 55411

    View details
    Mounds View Multifamily Investment
    Contact for pricing
    1.33 Acres
    Mounds View Multifamily Investment

    Well-maintained 23-unit apartment complex in Mounds View, Minnesota.

    7750 Silver Lake Rd, Mounds View, MN 55112

    View details
    Coon Rapids Townhome Portfolio
    Contact for pricing
    33,988 SF
    Coon Rapids Townhome Portfolio

    Stabilized townhome portfolio in Coon Rapids, Minnesota, with long-term tenant retention.

    24-46th Ave NW, Minneapolis, MN 55448

    View details
    Multifamily Property in Mounds View
    Contact for pricing
    22,500 SF
    Multifamily Property in Mounds View

    Multifamily property with 23 residences in Mounds View, Minnesota.

    7750 Silver Lake Rd, Mounds View, MN 55112

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near Freeway
    $799,000
    9.20 Acres
    Commercial Land Near Freeway

    9 acre commercial property near freeway in Hinckley, Minnesota.

    101 Morris Avenue, Hinckley, MN 55037

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    Aitkin Lots & Land
    Contact for pricing
    0.14 Acres
    Aitkin Lots & Land

    Double lot in Sherwood Forest with shared amenities.

    L 3&4 B3 London Town, Aitkin, MN 56431

    View details
    Land for Multi-Family Housing
    $249,900
    2.16 Acres
    Land for Multi-Family Housing

    2.16 acre lot zoned for multi-family housing development.

    1610 7th Avenue E, Alexandria, MN 56308

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    Alexandria Lakeshore Property with Rental Opportunity
    $798,500
    15.62 Acres
    Alexandria Lakeshore Property with Rental Opportunity

    Lakeshore property with rental cabins and RV sites near Alexandria.

    5950 County Road 8 NW, Alexandria, MN 56308

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    Off-Market Properties in Elk River, MN

    Consider similar Off-Market properties in Elk River, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Elk River, MN 55330
    APARTMENT HOUSE (5+ UNITS)
    2,720 SF Lot: 13.30 Acres
    Value Estimation by Request

    Elk River, MN 55330

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    Elk River, MN Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Elk River, MN on our real estate platform. These investment opportunities span a total of 11,536 square feet of properties for sale, with an estimated market value of $2,650,000.

    Sale prices for multifamily properties in Elk River, MN start at $2,650,000, averaging $2,650,000, and reaching up to $2,650,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 45K
    Population Growth (5Y) +17.8%
    Median Household Income $111,481
    College Educated 41.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55330 $2.6M

    Taxes & Financing

    Tax Rate (average for all types) 2.48%
    Property Tax per SF $52.65 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Sherburne County

    New Delisted

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