Elk River, MN Multifamily properties for sale

Updated: Aug 7

8-Unit One-Level Apartment Community

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

$2,400,000

1,442 sqft

55+ rental community built in 2020
Eight units configured as 4 twin homes
All units are single‑level residences
Each unit has a separate PID
Quiet cul‑de‑sac setting near local shopping and the Hwy 101/169 corridor

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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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See hot listings in Elk River

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 7 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

Opportunities in Nearby Cities

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

Two-Level Apartment Building

752 Southview Dr, Anoka, MN 55303

$999,950

6,656 sqft 0.47 AC lot

Fully rented property with updated mechanical systems, garage stalls, and tenant storage lockers.

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Duplex with Separate Laundry

317 W River St, Monticello, MN 55362

$290,000

2,158 sqft

Two residential units offer private entrances, individual laundry, and a combination of updated and owner-occupied space.

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Two-Unit Duplex with Separate Entrances

317 W River Street, Monticello, MN 55362

$290,000

2,158 sqft 0.38 AC lot

Both residences offer two bedrooms, one bathroom, and dedicated laundry equipment.

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Eight-Unit Apartment Building

752 Southview Drive, Anoka, MN 55303

$999,950

0.47 AC lot

Fully occupied multifamily property with a two-level layout, detached garages, tenant storage, and updated heating equipment.

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.

APARTMENT HOUSE (5+ UNITS)

Elk River, MN 55330

Estimated value:

$355,000

2,720 sqft 13.30 AC lot

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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 12,978 square feet of properties for sale, with an estimated market value of $2,400,000.

Sale prices for multifamily properties in Elk River, MN average $2,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
55330	$2.4M

Neighborhood

Average Price

55330

$2.4M