11024-11038 183rd Nw Circle, Elk River, Minnesota 55330

MN, Elk River
$2,650,000
  • 16 Beds
  • 16 Bath
  • Commercial Sale Property Type
  • 2020 Year Built
  • Active Status
See All 22 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

55+ 1-Level rental community built in 2020. Hard to find investment opportunity. Community consists of 4 twin homes (8 units). Each unit has a separate PID to provide for residential v.s commercial property tax rate and ease of forming association if owner wanted to sell units individually. Units boast a great floorplan and are well appointed. Very stable and loyal tenant base that have been taking great care of their respective units. Conveniently located on a quiet cul-de-sac and close to local shopping and the Hwy 101/169 corridor.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 7037372
  • Price: $2,650,000
  • Year Built: 2020
  • Listing Status: Active
  • Office Name: Acuity Group
  • Roof: Asphalt,Age 8 Years or Less,Pitched
Features
  • Swimming Pool None
  • Heating System Forced Air
  • Cooling System Central Air
  • Basement None
  • Parking Attached Garage,Asphalt,Insulated Garage,Paved Lot
  • Utilities Electric Separate,Heating Separate,Hot Water Separate
  • Flooring Carpet,Luxury Vinyl Plank
  • Sewer City Sewer/Connected
Appliances
  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator
  • Washer
  • Range
  • Air-To-Air Exchanger
  • Electric Water Heater
  • Stainless Steel Appliances
Address Map
  • Country US
  • State MN
  • County Sherburne
  • City Elk River
  • Zipcode 55330
  • Street: 183rd
  • Street Number: 11024-11038
  • Street Suffix: Circle
  • Longitude: W94° 27' 4.7''
  • Latitude: N45° 18' 8.8''
  • Directions: Hwy 169 to East on Main St (Cty Rd 12). Left on Line Ave. Right on 183rd Circle to cul-de-sac.
  • Street Dir Suffix: NW
Neighborhood
  • High School District: Elk River
MLS Addon
  • Office Name: Acuity Group
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: No Stairs External,No Stairs Internal
  • Building Size: 1442
  • Current Use: Residential
  • Garage: 2
  • Levels: One
  • Lot Features: Tree Coverage - Medium
  • Lot Size Dimensions: 211x302x391x339
  • Number Of Units Total: 8
  • Possible Use: Income,Medical/Dental
Financial
  • Tax Annual Amount: 30528
Listing Information
  • List Agent Mls Id: 496507244
  • List Office Mls Id: 11445
  • Modification Timestamp: 2026-03-16T17:09:07Z
  • Originating System Name: NorthStar
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