7 Beds
3 Baths
2,932 SqFt
7 Beds
3 Baths
2,932 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,932 sqft
Price per Sqft $230
MLS Listing ID 6725640
Bedrooms 7
Full Baths 3
Year Built 1990
Annual Tax Amount $6,380
Tax Year 2025
Contingent None
Lot Size 0.750 Acres
Acres 0.75
Property Sub-Type Single Family Residence
Property Description
Here's a great chance for investors to secure a well-maintained, income-producing triplex in the heart of Elk River. Originally remodeled in 2019 with the intent of being used as a three-unit rental, the property has been kept in excellent condition and complies with the Elk River Interim Use Permit (IUP).
In 2025, the seller completed several updates, including the 2 vacant units being professionally painted, walls, trim and doors, kitchens and bathrooms, and the addition of several new windows—enhancing both the look and function of the home. The 2019 updates included new siding, updated kitchen cabinetry in two units, new interior doors and flooring, and all-new appliances, which remain in good working order. All systems are currently functioning well with no known issues.
Each of the three separate units features in-unit laundry, a full kitchen, bathroom, and designated dining and living areas. Unit 1 includes three bedrooms, Unit 2 is a one-bedroom, and Unit 3 (garden level) offers three bedrooms.
Whether you're a seasoned investor or just starting out, this Elk River triplex offers strong rental income, updated finishes, and excellent tenant flexibility in a convenient and growing location.
This is a limited opportunity—please reach out if interested.
Agents: See agent remarks for further info.
Location
State MN
County Sherburne
Zoning Residential-Single Family
Rooms
Basement Finished, Full
Dining Room Eat In Kitchen, Kitchen/Dining Room
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Appliance Dryer, Gas Water Heater, Range, Refrigerator, Washer
Exterior
Parking Features Attached Garage, Asphalt, Garage Door Opener
Garage Spaces 2.0
Building
Lot Description Many Trees
Story One
Foundation 2084
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Vinyl Siding
New Construction false
Schools
School District Elk River
Learn More About LPT Realty
Agent | License ID: 40569294