196 Main St W, Elysian, MN 56028
Property image
Property image
FOR SALE
0.5 ACRES

196 Main St W
Elysian, MN 56028

  • 4 Beds
  • 2.5 Baths
  • 4,135 sqft (on 0.50 acres)

$404,900

Est. Mortgage $2,510/mo*

$404,900

Est. Mortgage $2,510/mo*
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

  • Map ViewExplore the area around 196 Main St W.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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 21 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

Active Status

MLS Status: ACTIVE

Interior Features

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

Exterior Features

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

Days on Market

Days on Market: 11

Property Information

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

Price & Status

Price
List Price: $404,900Price Per Sqft: $98

Location

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

Agent Information

Listing Agent
Listing ID: 267041166

Building

Building Area
Building Area: 4135 Square Feet

Lot Information

Lot Area: 0.50 acres

Miscellaneous

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
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
15
1
MoM

Home Value

Trulia Estimate
$384K
Since 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
MonthEstimated 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

DateEventPrice
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

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 12:37:07 PDT

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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.