220 Maple Ave SW, Elysian, MN 56028
Property image
Property image
FOR SALE
3D VIEW
2.15 ACRES

220 Maple Ave SW
Elysian, MN 56028

  • 9 Beds
  • 5 Baths
  • 17,280 sqft (on 2.15 acres)

$2,400,000

Est. Mortgage $14,320/mo*
Get Pre-Qualified

$2,400,000

Est. Mortgage $14,320/mo*
Get Pre-Qualified
9 Beds
5 Baths
17,280 sqft
(on 2.15 acres)

Local Information

  • Map ViewExplore the area around 220 Maple Ave SW.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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: $61,692 Strong 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.

Home Highlights

Parking
6 Parking Spaces
Outdoor
Patio, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$139
Listed
100 days ago

Home Details for 220 Maple Ave SW

Active Status

MLS Status: ACTIVE

Interior Features

Interior Details
Number of Rooms: 24
Beds & Baths
Number of Bedrooms: 9Main Level Bedrooms: 7Number of Bathrooms: 5Number of Bathrooms (full): 5
Dimensions and Layout
Living Area: 17280 Square FeetFoundation Area: 11552
Appliances & Utilities
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Range/Stove, Electric Water Heater, Gas Water Heater, Individual Water HeatersDishwasherDryerLaundry: Unit 1: Washer/Dryer Hookups,Unit 2: Washer/Dryer Hookups,Unit 3: Washer/Dryer HookupsMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Unit 1: Central Air, Unit 2: Central Air, Unit 3: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: No Stairs Internal, Accessible Doors

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Deck, PatioFoundation: Slab
Parking & Garage
No CarportNo GarageNo Attached GarageParking Spaces: 6Parking: None,Off Street,# Off Street Prkng Sp (L)
Frontage
Road Frontage: City StreetRoad Surface Type: Curb/Gutters, PavedNot on Waterfront
Water & Sewer
Sewer: City
Finished Area
Finished Area (above surface): 17280 Square Feet

Days on Market

Days on Market: 100

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: QuadruplexArchitecture: Quadruplex
Building
Construction Materials: Frame/Wood, Stone, Vinyl SidingNot a New Construction
Property Information
Condition: Previously Owned

Price & Status

Price
List Price: $2,400,000Price Per Sqft: $139

Media

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: 7039821

Building

Building Area
Building Area: 17280 Square Feet

Lot Information

Lot Area: 2.15 Acres

Offer

Listing Terms: Cash, Conventional

Business

Expense
Tenant Pays: Broadband, Cable TV, Electricity, Water/Sewer, Fuel

Rental Terms, Policies & Fees

Owner Pays: Janitorial Service, Lawn, Repairs, Snow Removal, Trash Collection

Miscellaneous

BasementMls Number: 7039821Above Grade Unfinished Area: 17280Showing Attended
Last check for updates: about 19 hours ago
Listing courtesy of REBECCA THATE
Re/Max Advantage Plus Mankato
Source: RASM, MLS#7039821
Also Listed on NorthstarMLS as distributed by MLS GRID, RASM, NorthstarMLS as distributed by MLS GRID.

Market trends in Janesville

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
7
4MoM

Price History for 220 Maple Ave SW

DatePriceEventSource
04/01/2026$2,400,000Listed For SaleRASM #7039821

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Property Tax and Assessment

Year2025
Tax$12,051
Assessment$748,500
Home facts updated by county records

Nearby homes

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Assigned Schools

These are the assigned schools for 220 Maple Ave SW.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Janesville

At least 4 Trulia users voted on each feature.

  • 83 % Say parking is easy

  • 83 % Say it's dog friendly

  • 83 % Say there are sidewalks

  • 80 % Say kids play outside

  • 71 % Say it's quiet

  • 67 % Say car is needed

  • 67 % Say people would walk alone at night

  • 63 % Say there's holiday spirit

  • 58 % Say neighbors are friendly

  • 50 % Say yards are well-kept

  • 50 % Say it's walkable to restaurants

  • 50 % Say streets are well-lit

  • 40 % Say it's walkable to grocery stores

  • 33 % Say there's wildlife

  • 22 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

REBECCA THATE, Re/Max Advantage Plus Mankato
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: 2026-07-09 10:00:20 PDT
220 Maple Ave SW, Elysian, MN 56028 is a 9 bedroom, 5 bathroom, 17,280 sqft multi-family. This property is currently available for sale and was listed by RASM on Apr 1, 2026. The MLS # for this home is MLS# 7039821.