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

Elk River
Local realty services provided by:Better Homes and Gardens Real Estate First Choice
11024-11038 183rd Circle Nw,Elk River, MN 55330
$2,650,000
  • 8 Beds
  • 8 Baths
  • 1,442 sq. ft.
  • Multi-family
  • Active
Listed by: dustin heggem
Office: acuity group
MLS#:7033511
Source:NSMLS

Price summary

  • Price:$2,650,000
  • Price per sq. ft.:$1,837.73

About this home

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.

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Home facts

  • Year built:2020
  • Listing ID #:7033511
  • Added:1 day(s) ago
  • Updated:March 10, 2026 at 12:03 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Basement:Yes
  • Living area:1,442 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt, Pitched
  • Year built:2020
  • Building area:1,442 sq. ft.
  • Lot area:1.78 Acres
  • Lot Features:Tree Coverage - Medium
  • Exterior Features:In-Ground Sprinkler System
  • Levels:1 Story

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$2,650,000
  • Price per sq. ft.:$1,837.73
  • Tax amount:$30,528 (2026)
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