Elk River, MN Residential income properties for sale

Updated: Mar 16

8-Unit 55+ Rental Community

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

$2,400,000

1.78 AC lot

Eight units across four twin homes, built in 2020
55+ rental community on 1.78 acres
Separate PID for each unit; individual sales and association formation are possible
Attached garages, driveways, and patios
Near local shopping and the Hwy 101/169 corridor

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Updated: Sep 15

Land, Elk River, MN

TBD 2 192nd Avenue NW, Elk River, MN 55330

$199,900

5.00 AC lot

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8-Unit One-Level Apartment Community

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

$2,400,000

1,442 sqft

A 55+ rental community completed in 2020, arranged near shopping and the Hwy 101/169 corridor.

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See hot listings in Elk River

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

55+ Community Investment Opportunity

11038 183rd Cir NW, Elk River, MN 55330

Contact for pricing

11,536 sqft

Eight-unit, 55+ community built in 2020, great location.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 4 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-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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2-Unit Duplex with Private Laundry

405 Lake Boulevard S, Buffalo, MN 55313

$389,900

2,256 sqft

Two distinct residences include updated kitchens and separate laundry facilities for each unit.

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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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Residential Income Property

405 Lake Boulevard S, Buffalo, MN 55313

$389,900

2,256 sqft

Full daylight basement space provides storage, with natural-gas forced-air heating.

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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

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

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

L1 B1 112th Street, Zimmerman, MN 55398

$145,000

2.52 AC lot

Acreage lots available for building dream homes.

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Land Available on Highway 169

28xx Highway 169, Zimmerman, MN 55398

$597,500

Land for sale with highway access in Zimmerman, Minnesota.

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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.

Land

21566 Us-169, Elk River, MN 55330

Estimated value: by Request

132.55 AC lot

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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 Residential Income Properties Market Trends and Statistics

Explore 6 residential income properties for sale in Elk River, MN, showcased through 4 active listings 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 $4,999,900.

Sale prices for residential investment properties in Elk River, MN start at $199,900, averaging $1,666,633, 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.

Neighborhood	Average Price
55330	$1.3M

Neighborhood

Average Price

55330

$1.3M