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

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    Otsego, MN Big Lake, MN Dayton, 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
    View details
    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.

    Minneapolis Multifamily Investment Opportunity
    $1,000,000
    0.27 Acres

    Minneapolis Multifamily Investment Opportunity

    12-unit apartment building with upside potential in Minneapolis, MN.

    2112 44th Avenue N, Minneapolis, MN 55412
    View details
    Minneapolis Multifamily Building with Solar
    $1,300,000
    0.41 Acres

    Minneapolis Multifamily Building with Solar

    Well-maintained 13-unit apartment building with income potential.

    1900 Vincent Avenue 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
    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
    View details
    Pine River Twp Waterfront Land
    $499,900
    30.20 Acres

    Pine River Twp Waterfront Land

    30.2 acres with 720 feet of shoreline.

    Backus, MN 56435
    View details
    Minnesota Lakeshore Acreage with Development Potential
    $124,900
    9.30 Acres

    Minnesota Lakeshore Acreage with Development Potential

    9.3 acres with 244 feet of lakeshore near Worthington.

    Fulda, MN 56131
    View details
    Des Moines Development Land Available
    $1,013,600
    28.96 Acres

    Des Moines Development Land Available

    29 acres of development land near Fleur Dr and SW 9th.

    01 County Line Road, Des Moines, IA 50320
    View details

    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

    Elk River, MN 55330

    APARTMENT HOUSE (5+ UNITS) • 2,720 SF
    Value Estimation by Request
    Elk River, MN 55330
    View details

    Elk River, MN Multifamily Properties Investment Opportunities Market Analysis

    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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    Operating Costs & Financing

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

    Leading Commercial Asset Segments

    Apartment buildings 1
    Duplexes 1

    Elk River Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    55330 $2.6M

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