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    Elk River, MN
    Multifamily

    Elk River, MN Multifamily Properties for Sale

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    55+ Community Investment Opportunity
    Updated: Mar 9
    55+ Community Investment Opportunity

    11038 183rd Cir NW, Elk River, MN 55330

    Contact for pricing
    11,536 sqft
    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
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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.

    Updated Duplex with Detached Three-Car Garage
    Updated Duplex with Detached Three-Car Garage

    49 91st Lane NE, Blaine, MN 55434

    $449,900
    1,820 sqft 0.23 AC lot

    Updated up/down duplex on a 0.23-acre lot, featuring a detached three-car garage and a boiler plus extensive interior improvements.

    View details
    Duplex with Private Decks and Fenced Yard
    Duplex with Private Decks and Fenced Yard

    8446 Sumter Circle N, Brooklyn Park, MN 55445

    $419,900
    1,972 sqft 0.30 AC lot

    1978-built duplex with private decks, fireplaces in each unit, and a fenced yard for tenant privacy.

    View details
    Duplex with Attached Garage
    Duplex with Attached Garage

    7217 Zane Avenue N, Brooklyn Park, MN 55429

    $399,000
    2,108 sqft 0.26 AC lot

    Duplex features two self-sufficient units, each with an in-unit washer and dryer, plus an attached garage.

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    Updated Duplex with Three-Car Garage
    Updated Duplex with Three-Car Garage

    49 91st Ln NE, Blaine, MN 55434

    Contact for pricing
    1,820 sqft

    Brick/stucco up-and-down duplex with 3-bedroom and 2-bedroom units plus a detached three-car garage and recent updates.

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    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 Development Land Parcel
    Commercial Development Land Parcel

    101 Morris Avenue, Hinckley, MN 55037

    $799,000
    9.20 AC lot

    Approximately 9.2-acre commercial land parcel near highway access in Hinckley, Minnesota.

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    Aitkin Lots & Land
    Aitkin Lots & Land

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

    Contact for pricing
    0.14 AC lot

    Double lot in Sherwood Forest with shared amenities.

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    Land for Multi-Family Housing
    Land for Multi-Family Housing

    1610 7th Avenue E, Alexandria, MN 56308

    $249,900
    2.16 AC lot

    2.16 acre lot zoned for multi-family housing development.

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    Alexandria Lakeshore Property with Rental Opportunity
    Alexandria Lakeshore Property with Rental Opportunity

    5950 County Road 8 NW, Alexandria, MN 56308

    $798,500
    15.62 AC lot

    Lakeshore property with rental cabins and RV sites near Alexandria.

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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)

    Elk River, MN 55330

    $355,000
    Estimated value
    2,720 sqft 13.30 AC lot
    View details

    Elk River, MN Multifamily Properties Market Trends and Statistics

    Explore 2 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    Demographics Overview

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

    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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