$2,400,000
9 Beds
5 Baths
17,280 sqft (on 2.15 acres)
220 Maple Ave SW, Elysian, MN 56028
Est. Mortgage $15,229/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
2.15 acre lot
$139/sqft
6 Parking Spaces
Local Information
- Map ViewExplore the area around 220 Maple Ave SW.
- Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
Last check for updates: about 23 hours ago
Listing courtesy of REBECCA THATE
Re/Max Advantage Plus Mankato
Source: RASM, MLS#7039821
Home Details for 220 Maple Ave SW
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MLS Status: ACTIVE |
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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 |
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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 |
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Days on Market: 174 |
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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 |
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Price List Price: $2,400,000Price Per Sqft: $139 |
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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: 7039821 |
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Building Area Building Area: 17280 Square Feet |
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Lot Area: 2.15 Acres |
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Listing Terms: Cash, Conventional |
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Expense Tenant Pays: Broadband, Cable TV, Electricity, Water/Sewer, Fuel |
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Owner Pays: Janitorial Service, Lawn, Repairs, Snow Removal, Trash Collection |
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BasementMls Number: 7039821Above Grade Unfinished Area: 17280Showing Attended |
Around this home
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.
Market trends in Janesville
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
6
3MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes.
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 |
|---|---|---|---|---|---|---|
0.06 | $319,900 | 4 | 2 | 2,786 | For Sale | |
0.09 | $253,000 | 2 | 2 | 2,824 | Recently Sold | |
0.10 | $162,500 | Studio | - | 384 | Off Market | |
0.13 | $82,000 | 3 | 2 | 1,216 | Recently Sold | |
0.16 | $20,000 | - | - | - | For Sale | |
0.17 | $145,000 | 2 | 1 | 1,249 | For Sale | |
0.17 | $243,500 | 1 | 2 | 1,210 | Off Market | |
0.17 | - | - | - | - | Off Market | |
0.17 | $29,900 | - | - | - | For Sale | |
0.18 | - | - | - | - | Off Market | |
0.18 | $25,000 | - | - | - | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Apr 1, 2026 Source: RASM #7039821 | Listed For Sale | $2,400,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $12,051 | $748,500 |
Home facts updated by county records
LGBTQ Local Legal Protections
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: 2026-09-21 10:04:26 PDT
Copyright 2026, REALTOR® Association of Southern MN. All Rights Reserved.
Last Updated: 2026-09-21 10:04:26 PDT
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Frequently asked questions about 220 Maple Ave SW
- What is the estimated monthly payment for 220 Maple Ave SW?Based on a $2,400,000 list price with 20% down at today's rates, the estimated monthly payment for 220 Maple Ave SW in Elysian, MN is approximately $15,318 (about $13,083 principal & interest, $2,160 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What are the closest schools to 220 Maple Ave SW?The closest schools to 220 Maple Ave SW in Elysian, MN are Morristown Elementary School (rated 7/10), Waterville Elementary School (Pre-K, rated 6/10), Waterville-Elysian-Morristown Jr. (Middle, rated 8/10).
- Does 220 Maple Ave SW have air conditioning?Yes, 220 Maple Ave SW in Elysian, MN has air conditioning.
- Does 220 Maple Ave SW have laundry facilities?Yes, 220 Maple Ave SW in Elysian, MN has in-unit laundry.
- Does 220 Maple Ave SW have parking?Yes, 220 Maple Ave SW in Elysian, MN has on-site parking.
- Is there a virtual tour of 220 Maple Ave SW?Yes, a virtual tour of 220 Maple Ave SW in Elysian, MN is available.
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.