Multifamily

Elysian, MN Multifamily Properties for Sale

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Waterville, MN Madison Lake, MN Janesville, MN Cleveland, MN Kilkenny, MN Waseca, MN Eagle Lake, MN Morristown, MN
Flex Space with Metal Roof
Updated: Jun 12
Flex Space with Metal Roof

406 W State Hwy 60, Elysian, MN 56028

$299,900
Flex space building with metal roof
Built in 2005
Heating includes wall furnace and space heater
Located on W State Hwy 60 in Elysian
Conditional Use Permit (CUP) for a vacation rental
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Newer-Construction 16-Unit Portfolio
Updated: Apr 1
Newer-Construction 16-Unit Portfolio

220 SW Maple Ave, Elysian, MN 56028

Contact for pricing
17,280 sqft 2.15 AC lot
16 fully leased units in four 4‑plex buildings, built in 2021–2022, offered as a package
Gross annual income of $243,000 with operating expenses of $61,692
17,208 finished SF total with 36 bedrooms and 20 bathrooms across the 16 units
Units feature in‑unit laundry and private patios/decks, plus separate HVAC systems
Modern, low‑maintenance interiors include LVP flooring and stainless appliances
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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 12 Potential Opportunities for your consideration. Besides 2 Active listings in Elysian, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Quadplex with Rooftop Deck
Quadplex with Rooftop Deck

412 Holly Lane, Mankato, MN 56001

$1,195,000
0.44 AC lot

Fully renovated, fully occupied four-unit townhome offers each unit three bedrooms plus a private rooftop deck and in-unit laundry.

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Duplex with Updated Boilers and Sewer Line
Duplex with Updated Boilers and Sewer Line

210 7th Avenue NE, Waseca, MN 56093

$149,900
2,244 sqft 0.11 AC lot

Well-maintained duplex with two 3-bedroom, 1-bath units, off-street parking, and in-unit washer/dryer.

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Mixed-Use Income Property
Mixed-Use Income Property

102 State St N, Waseca, MN 56093

$495,000

Two downtown buildings with retail, office, restaurant, event spaces, and short-term rental units—plus additional storage for operations.

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Fully Renovated 4-Unit Townhome
Fully Renovated 4-Unit Townhome

412 Holly Ln, Mankato, MN 56001

Contact for pricing

Four fully renovated townhome units are each occupied and feature 3 bedrooms, in-unit laundry, and updated finishes.

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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.

Lakeshore Recreation Land Parcel
Lakeshore Recreation Land Parcel

Tripp, Fulda, MN 56131

$124,900
9.30 AC lot

Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

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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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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 Elysian, MN

Consider similar Off-Market properties in Elysian, 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.

Elysian, MN 56028
MOBILE HOME PARK, TRAILER PARK

Elysian, MN 56028

Value Estimation by Request
2.32 AC lot
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Elysian, MN 56028
MOBILE HOME PARK, TRAILER PARK

Elysian, MN 56028

Value Estimation by Request
1.50 AC lot
View details

Elysian, MN Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Elysian, MN on our real estate platform. These investment opportunities span a total of 17,280 square feet of properties for sale, with an estimated market value of $299,900.

Sale prices for multifamily properties in Elysian, MN average $299,900 — 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
Short term rental properties 1

Demographics Overview

Population 1,057
Population Growth (5Y) -16.6%
Median Household Income $103,542
College Educated 45.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
56028 $299.9K

Taxes & Financing

Tax Rate (average for all types) 1.79%
Property Tax per SF $34.29 per SF
Tax Rate vs County Average 0.67 pp below county avg
Average Loan-to-Value 65.0%

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