$2,400,000$
11024-11038 183rd NW Circle
Elk River, MN, 55330
About 11024-11038 183rd NW Circle
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.
Listing Provided Courtesy of Acuity Group
11024-11038 183rd NW Circle Property Details
Price:
$2,400,000
MLS #:
NST7037372
Status:
Active
Beds:
16
Baths:
16
Type:
Commercial
Subdivision:
Mulvaney Point Twin Homes
Listed Date:
Mar 16, 2026
Total Sq Ft:
1,442
Lot Size:
77,537 sqft / 1.78 acres (approx)
Year Built:
2020
Schools
School District:
Elk River
Interior Features
Appliances
Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Cooling
Central Air
Flooring
Carpet, Luxury Vinyl Plank
Heating
Forced Air
Levels
One
Exterior & Lot Features
Accessibility Features
No Stairs External, No Stairs Internal
Exterior Features
Stone, Metal, Vinyl
Garage Spaces
2
Lot Features
Tree Coverage – Medium
Parking Features
Attached Garage, Asphalt, Insulated Garage, Paved Lot
Roof
Age 8 Years or Less, Asphalt, Pitched
Property Taxes & Financial Details
Maintenance Fee
$7,000
Tax Year
2026
Taxes
$30,528
Location
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11024-11038 183rd NW Circle
Elk River, MN
