196 Main St W
Elysian, MN 56028
- 4 Beds
- 2.5 Baths
- 4,135 sqft (on 0.50 acres)
4 Beds
2.5 Baths
4,135 sqft
(on 0.50 acres)
Home Highlights
Parking
Garage
Price/Sqft
$98
Climate Control
Forced Air, Natural Gas Heating
Listed
11 days ago
Local Information
-- mins to
About this House
Excellent opportunity to own a versatile investment property situated along quaint Main Street in Downtown Elysian. This uniqueproperty offers the potential for several income-producing options, including a commercial space, two residential rental units, a shed/shop building and asmaller scale barn. The upper level (Unit A) of the main structure features a beautiful 2-bedroom, 1-bath apartment complete with in-unit laundry andprivate parking. Unit C has been fully renovated into an attractive office space complete with a half bath, laundry hookups, and its own private MainStreet entrance. Unit B is a executively polished 2-bedroom, 1.5-bath main level apartment. It boasts generous ceiling height, a large spacious livingarea and superior style kitchen. Additional highlights contain two spacious outbuildings, including a 20x48 metal building (with power and heat) and an18x35 barn with cold storage. This is not your average income generating property! Pairing all the charm and character that it offers with the fact that ithas been well maintained, you are sure to be proud to make it yours!
Last check for updates: about 10 hours ago
Listing courtesy of MICHELLE STARKEY
True Real Estate
Source: RASM, MLS#267041166

Also Listed on RASM.
Home Details for 196 Main St W
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MLS Status: ACTIVE |
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Interior Details Number of Rooms: 15 |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 2Number of Bathrooms: 4Number of Bathrooms (full): 2Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 4135 Square FeetFoundation Area: 2535 |
Appliances & Utilities Appliances: Electric Water Heater |
Heating & Cooling Heating: Forced Air,Natural GasHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Exterior Home Features Foundation: Slab |
Parking & Garage No CarportHas a GarageNo Attached GarageParking: Detached |
Frontage Not on Waterfront |
Water & Sewer Sewer: City |
Finished Area Finished Area (above surface): 4135 Square Feet |
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Days on Market: 11 |
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Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: OtherArchitecture: Other |
Building Construction Materials: Frame/Wood, BrickNot a New Construction |
Property Information Condition: Previously Owned |
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Price List Price: $404,900Price Per Sqft: $98 |
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Direction & Address City: Elysian |
School Information Elementary School District: Waterville-Elysian-Morristown #2143Jr High / Middle School District: Waterville-Elysian-Morristown #2143High School District: Waterville-Elysian-Morristown #2143 |
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Listing Agent Listing ID: 267041166 |
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Building Area Building Area: 4135 Square Feet |
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Lot Area: 0.50 acres |
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Mls Number: 267041166Above Grade Unfinished Area: 4135 |
Around this home
What Locals Say about Elysian
At least 3 Trulia users voted on each feature.
100 % Say people would walk alone at night
100 % Say there's holiday spirit
100 % Say streets are well-lit
100 % Say it's dog friendly
100 % Say parking is easy
100 % Say car is needed
83 % Say yards are well-kept
80 % Say there are community events
80 % Say kids play outside
80 % Say it's quiet
75 % Say they plan to stay for at least 5 years
71 % Say there's wildlife
60 % Say there are sidewalks
59 % Say neighbors are friendly
50 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
Market trends in Elysian
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
15
1MoM
Home Value
Trulia Estimate
$384KSince last month
Increased$130K (+51.2%)Since last year
Increased$133K (+52.9%)Since last sale
Increased$224K (+139.8%)Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.
Trulia Estimate
The of this home's value increased by +47% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $384K |
| July 2026 | $254K |
| June 2026 | $250K |
| May 2026 | $399K |
| April 2026 | $247K |
| March 2026 | $232K |
| February 2026 | $230K |
| January 2026 | $226K |
2025 | |
2024 | |
2023 | |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $140,000 | 2 | 2 | 1,932 | For Sale | |
0.05 | $177,300 | 2 | 2 | 2,274 | Off Market | |
0.04 | $301,000 | 3 | 2.5 | 1,800 | Off Market | |
0.04 | $306,600 | 3 | 2.5 | 1,800 | Off Market | |
0.07 | $135,200 | 3 | 1 | 1,288 | Off Market | |
0.08 | $184,300 | 2 | 1 | - | Off Market | |
0.11 | $550,000 | 4 | 2 | 2,925 | For Sale | |
0.11 | $253,000 | 2 | 2 | 2,824 | Recently Sold | |
0.14 | $158,500 | Studio | - | 384 | Off Market | |
0.15 | $268,000 | 3 | 1.5 | 1,600 | Off Market | |
0.16 | $259,900 | 1 | 2 | 1,210 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 11, 2026 Source: RASM #267041166 | Listed For Sale | $404,900 |
Dec 2, 2019 Source: N/A | Sold | $160,000 |
Mar 17, 2011 Source: N/A | Sold | $145,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,282 | $195,500 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
MICHELLE STARKEY, True Real Estate

IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.
Copyright 2026, REALTOR® Association of Southern MN. All Rights Reserved.
Last Updated: 2026-08-22 19:07:17 PDT
Copyright 2026, REALTOR® Association of Southern MN. All Rights Reserved.
Last Updated: 2026-08-22 19:07:17 PDT
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New Listings near 196 Main St W
196 Main St W, Elysian, MN 56028 is a 4 bedroom, 4 bathroom, 4,135 sqft multi-family. This property is currently available for sale and was listed by RASM on Aug 11, 2026. The MLS # for this home is MLS# 267041166.

