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220 Maple Avenue SWElysian, MN 56028

Hidden Meadows · Le Sueur County

$2,400,000List price
5Beds
3Baths
17,280Sq Ft
2021Year built
2.15Acre lot
2Stories
7 months agoOn market

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.

Property Information

Property type
Residential Income
Sub-type
Quadruplex
Style
(MF) Four Plex
Year built
2021
Stories
2
Living area
17,280 Sq Ft
Lot size
2.15 acres
Lot dimensions
2.15
Zoning
Residential-Multi-Family
Days on market
224
MLS® Listing#
7046788

Property Features

Heating
Forced Air
Basement
None
Parking
Parking Lot
Laundry
Electric Dryer Hookup · In Unit · Laundry Closet · Washer Hookup
Patio
Deck · Patio
Lot features
Corner Lot
Construction
Frame
Foundation
Slab
Utilities
Underground Utilities
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$32,158
Parcel number
164260030

Directions

MN Hwy 60 to NW 3rd to Southwest Maple Ave SW.

Listing Courtesy: RE/MAX Advantage Plus - 5075146105

Presented by: Rebecca R Thate

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