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    Elysian, MN
    Multifamily

    Elysian, MN Multifamily Properties for Sale

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    Waterville, MN Janesville, MN Cleveland, MN Madison Lake, MN Kilkenny, MN Eagle Lake, MN Waseca, MN Le Center, MN
    Mixed-Use Property with Outbuildings
    Updated: May 13
    Mixed-Use Property with Outbuildings

    196 Main Street W, Elysian, MN 56028

    $404,900
    0.21 AC lot
    Two residential apartments plus a separate renovated office suite
    Unit A: 2‑bedroom, 1‑bath upper‑level apartment with in‑unit laundry
    Unit B: 2‑bedroom, 1.5‑bath main‑level apartment
    20x48 metal building with power and heat
    18x35 barn with cold storage
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    Newer-Construction 16-Unit Portfolio
    Updated: Apr 2
    Newer-Construction 16-Unit Portfolio

    220 Maple Ave SW, Elysian, MN 56028

    $2,400,000
    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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    Mixed-Use Property with Outbuildings
    Mixed-Use Property with Outbuildings

    196 Main St W, Elysian, MN 56028

    $404,900

    Main Street property combines two apartments, an office suite, and powered auxiliary buildings for varied income-producing use.

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    See hot listings in Elysian

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 3 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

    Opportunities in Nearby Cities

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

    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    138 N Main St, Janesville, MN 56048

    $475,000
    12,361 sqft

    Seven renovated apartments accompany three commercial suites in a downtown building with additional lower-level space.

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    Duplex With In-Unit Laundry
    Duplex With In-Unit Laundry

    210 7th Ave NE, Waseca, MN 56093

    $149,900
    2,244 sqft

    Each residence includes dedicated laundry, functional layouts, off-street parking, and access to shared yard space.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    210 7th Avenue NE, Waseca, MN 56093

    $149,900
    2,244 sqft 0.11 AC lot

    Two residences provide functional layouts, private laundry, off-street parking, and shared yard space.

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    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    138 N Main Street, Janesville, MN 56048

    $475,000
    0.28 AC lot

    Downtown property combines renovated residential units with commercial suites and additional lower-level space.

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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

    Estimated value:
    $300,000
    2.32 AC lot
    View details
    Elysian, MN 56028
    MOBILE HOME PARK, TRAILER PARK

    Elysian, MN 56028

    Estimated value:
    $250,000
    1.50 AC lot
    View details

    Elysian, MN Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Elysian, MN, showcased through 3 active listings 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 $3,209,800.

    Sale prices for multifamily properties in Elysian, MN start at $404,900, averaging $1,069,933, and reaching up to $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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 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 $404.9K

    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%

    Listings Trend

    New vs delisted commercial listings in Le Sueur County

    New Delisted

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