Elysian MN Real Estate &

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Beds:
4
Baths:
Sq.Ft.:
3,298
Status:
Active
MLS#:
7040315
Type:
Multi-Family
Lot size:
0.52 Acres
A broker reciprocity listing Courtesy: Edina Realty Inc. Mankato
View additional info

ADDITIONAL INFORMATION

Spacious up/down duplex in Elysian with active rental license renewed in 2025 and valid for 3 years! This well-maintained property offers over 2,800 finished sqft on a generous 0.52-acre lot with strong income potential and owner-occupant flexibility. Unit 1 features 3 bedrooms, 2 full baths, plus a loft, with the main floor and upper level layout currently rented for $1,600/month (lease through 7/31/26). Unit 2 is a remodeled 2-bedroom lower-level walkout unit with 3/4 bath, fenced backyard access, and market-ready rental potential at $1,300/month. Recent updates include new water heater (2024), newer carpet and new stackable washer/dryer in Unit 1, plus extensive 2022â??2023 basement remodel including new counters, sink, refrigerator, and range in Unit 2. Oversized 2-stall detached garage, extra-wide driveway with ample off-street parking, and additional storage space add major value. Just a 5-minute walk to Lake Francis, this property offers strong cash flow potential, plenty of space, and an excellent opportunity for investors or owner-occupants alike!

Beds:
5
Baths:
3.00
Sq.Ft.:
17,280
Status:
Active
MLS#:
7046788
Type:
Cluster
Subdivision:
Hidden Meadows
Lot size:
2.15 Acres
Year built:
2021
A broker reciprocity listing Courtesy: RE/MAX Advantage Plus 507-514-6105
View additional info

ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

The data on this web site comes in part from the REALTOR® Association of Southern Minnesota. The listings presented on behalf of the REALTOR® Association of Southern Minnesota may come from many different brokers but are not necessarily all listings of the REALTOR® Association of Southern Minnesota are visible on this site. The information being provided is 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 or selling. Information is believed to be reliable, but not guaranteed. Copyright ©2026 REALTOR® Association of Southern Minnesota. All rights reserved.


Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2026, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved




Elysian Real Estate

Elysian is located in Minnesota. Elysian, Minnesota has a population of 657. Elysian is less family-centric than the surrounding county with 27.32% of the households containing married families with children. The county average for households married with children is 31.3%.

The median household income in Elysian, Minnesota is $77,708. The median household income for the surrounding county is $80,425 compared to the national median of $69,021. The median age of people living in Elysian is 41.9 years.

Elysian Weather

The average high temperature in July is 82.9 degrees, with an average low temperature in January of 4.5 degrees. The average rainfall is approximately 33.6 inches per year, with 45.1 inches of snow per year.

Elysian Map

Elysian Real Estate Market Conditions

  • Median sales price

    $430,000
    11.6%
    change since last quarter
  • # Active listings

    19
    30-day change

Elysian Schools and Demographics

Education near Elysian, MN

City County
High School Graduates 94.98 94.8
College Degree - 2 year 14.64 14.01
College Degree - 4 year 30.54 23.8
Graduate Degree 11.09 5.17
Expenditures per Student 19,837 19,837
Students per Teacher 14.6 14.6

Elementary Schools near Elysian, MN

Grades Students P/T Ratio ZIP
Cleveland Elementary School PK - 06 236 12.3 56017
Eagle Lake Elementary School KG - 05 360 15.5 56024
Janesville-Waldorf-Pemberton Elementary School PK - 06 336 16.1 56048
Waterville Elementary School PK - 04 349 15.8 56096

High Schools near Elysian, MN

Grades Students P/T Ratio ZIP
Cleveland Secondary School 07 - 12 201 15.7 56017
Janesville-Waldorf-Pemberton Secondary School 07 - 12 289 14.7 56048
Waterville-Elysian-Morristown Senior 09 - 12 258 13.7 56096

Demographics near Elysian, MN

City County
Neighborhood Type Small town
Population 657 28,567
Population Density 551 64
Median Age 41.9 40.9
People per Household 2.4 2.5
Median Household Income 77,708 80,425
Average Income per Capita 37,390 37,573

Real estate near Elysian