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Jan Wentland
Licensed Sales Person
REALTOR®, GRI, CRS, CBR, CSS,e-Pro, CDPE, ABR, Interior Designer

220 Maple Avenue Sw, Elysian, MN 56028

New

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Listed By

Agency Name: RE/MAX Advantage Plus
Agency Phone: 507-514-6105

Shown By

Agent Name: Jan Wentland
Agent Phone: (612) 791-8260
Agency Title: Counselor Realty

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Property Description

Rare opportunity to acquire a fully stabilized, newer-construction 16-unit portfolio delivering immediate cash flow and long-term upside. Built in 2021/2022, this package includes four 4-plexes (two two-story, one single-level, one bi-level) strategically positioned on 2.15 acres. This is true turnkey investing?all 16 units are fully leased with a proven rental history, minimizing lease-up risk and operational uncertainty from day one.Units are designed for durability and tenant retention, featuring modern, low-maintenance finishes including LVP flooring, stainless appliances, spacious kitchens with islands, in-unit laundry, and separate HVAC systems. Private patios/decks, strong natural light, and ample off-street parking enhance tenant appeal and support consistent occupancy.Investment Highlights: 17,208 finished sq ft, 16 units, 36 bedrooms, 20 bathrooms, Gross annual income: $243,000, Operating expenses: $61,692Strong in-place cash flow with efficient expense ratio. Newer construction = reduced capital expenditure risk. With limited comparable inventory of newer multi-family assets, this portfolio offers a compelling blend of stability, efficiency, and scalability. Ideal for investors seeking immediate yield with long-term hold potential. Offered as a package. Full financials and rent roll available upon request.

220 Maple Avenue Sw | MLS# 7046788

This multi-family property located at 220 Maple Avenue Sw, Elysian, MN 56028 is currently listed for sale with an asking price of $2,400,000. Maple Avenue Sw is located within the Waterville-Elysian-Morristown school district. Search Elysian real estate on www.janwentland.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Heating: Forced Air
Lot Size: 2.15 Acres
Taxes: $24,772
Year Built: 2021

Feature Descriptions

Accessibility: Doors 36+
Days on Site: 5
Exterior: Frame
Foundation Size: 11552
Lot: Corner Lot, Underground Utilities
Lot Dimensions: 2.15
Owners Expense: Exterior Maintenance, Grounds Care, Insurance, Repairs, Snow Removal, Taxes, Trash Collection
Parcel#: 164260030
Parking: Parking Lot, Paved Lot
Road Frontage: City Street, Paved Streets
Sewer: City Sewer/Connected
Tenant Expenses: All Utilities, Cable TV, Electricity, Gas, Heat, Telephone, Water
Units: 4
Water: City Water/Connected

Local Schools

School District: Waterville-Elysian-Morristown

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Estimated Payment

$ 15,538.14 per month $12,773.81 Principal & Interest $2,064.33 Property Tax $700.00 Homeowner's Insurance

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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/05/2026. The listing information on this page last changed on 04/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 04/05/2026 2:01:10 AM EST) or RMLS-MN MLS (last updated Sun 04/05/2026 12:02:24 AM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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