Residential Income

Elk River, MN Residential Income Properties for Sale

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Otsego, MN Anoka, MN Andover, MN Big Lake, MN Nowthen, MN Albertville, MN Zimmerman, MN Saint Michael, MN
8-Unit One-Level Apartment Community
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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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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See what stands out in Sherburne County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 12 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 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.

Two-Level Apartment Building
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.

View details
Duplex with Private Entrance
Duplex with Private Entrance

317 W River Street, Monticello, MN 55362

$290,000
2,158 sqft 0.38 AC lot

Two-bedroom units include separate laundry, parking, and distinct living areas, with the lower residence featuring recent updates.

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Eight-Unit Apartment Building
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.

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Riverfront Campground and Mobile Home Park
Riverfront Campground and Mobile Home Park

1335 River St, Monticello, MN 55362

Contact for pricing
2,000 sqft 25.16 AC lot

Campground and mobile home park on the Mississippi River.

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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.

Rolling-Hill Farmland with Pond
Rolling-Hill Farmland with Pond

74xx 181st Avenue NW, Nowthen, MN 55303

$425,000
19.20 AC lot

Spring-fed water and open pasture create a flexible rural land setting near Nowthen.

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Acreage Lots in Zimmerman, MN
Acreage Lots in Zimmerman, MN

L5 B2 238th Avenue NW, Zimmerman, MN 55398

$150,000
2.50 AC lot

Acreage lots available for building a dream home.

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Acreage Lots in Zimmerman, MN
Acreage Lots in Zimmerman, MN

L1 B1 112th Street, Zimmerman, MN 55398

$145,000
2.52 AC lot

Acreage lots available for building dream homes.

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Ramsey Land Opportunity
Ramsey Land Opportunity

5859 151st Lane NW, Ramsey, MN 55303

$159,900
0.59 AC lot

Land available in Ramsey, close to Hwy 10 and amenities.

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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.

21566 Us-169
Land

21566 Us-169, Elk River, MN 55330

Estimated value:
by Request
132.55 AC lot
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Elk River, MN 55330
APARTMENT HOUSE (5+ UNITS)

Elk River, MN 55330

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

Elk River, MN Residential Income Properties Market Trends and Statistics

Explore 4 residential income 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 residential income 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2
Multifamily properties 2

Demographics Overview

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

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
55330 $2.4M

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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