218-829-1777
MLS# 7143165 - 0 615th Avenue Elk Mound, WI 54739
Baxter Office

15244 State Hwy 371
Baxter, MN 56425
218-829-1777
info@positiverealty.com

Nisswa Office

4820 County Rd. 77
Nisswa, MN 56468
218-829-1777
info@positiverealty.com

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Rare multifamily investment and development opportunity in Elk Mound! This expansive property offers 9 duplex buildings totaling 18 units, a vacant lot, and additional land, creating a unique opportunity for investors, developers, or owners looking to expand their rental portfolio. Each unit offers approximately 1,480 square feet with 3 bedrooms and 2 bathrooms, providing spacious and functional living arrangements. The townhome-style units feature modern finishes including LVT flooring throughout the main living areas, carpeted bedrooms, upgraded kitchen cabinetry, quartz countertops, and stainless steel appliances. Each unit includes a stove, refrigerator, dishwasher, microwave, washer, and dryer. Additional features include gas forced-air heating, central air conditioning, and individual electric water heaters. Each unit offers private exterior access as well as convenient access from the garage. The buildings feature attractive vinyl siding and stone veneer exteriors with asphalt-shingle roofs, creating a clean, modern appearance with low-maintenance appeal. With 18 existing 3-bedroom, 2-bathroom units plus a vacant lot and additional land, this property offers an exceptional combination of existing rental housing and future potential. A unique opportunity to acquire a substantial multifamily portfolio with newer construction, desirable finishes, attached garage access, and additional land for future possibilities.

Chippewa Valley Real Estate, L is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 9/15/2026 6:30:00 AM.
Equal Housing Opportunity.

Rare multifamily investment and development opportunity in Elk Mound! This expansive property offers 9 duplex buildings totaling 18 units, a vacant lot, and additional land, creating a unique opportunity for investors, developers, or owners looking to expand their rental portfolio. Each unit offers approximately 1,480 square feet with 3 bedrooms and 2 bathrooms, providing spacious and functional living arrangements. The townhome-style units feature modern finishes including LVT flooring throughout the main living areas, carpeted bedrooms, upgraded kitchen cabinetry, quartz countertops, and stainless steel appliances. Each unit includes a stove, refrigerator, dishwasher, microwave, washer, and dryer. Additional features include gas forced-air heating, central air conditioning, and individual electric water heaters. Each unit offers private exterior access as well as convenient access from the garage. The buildings feature attractive vinyl siding and stone veneer exteriors with asphalt-shingle roofs, creating a clean, modern appearance with low-maintenance appeal. With 18 existing 3-bedroom, 2-bathroom units plus a vacant lot and additional land, this property offers an exceptional combination of existing rental housing and future potential. A unique opportunity to acquire a substantial multifamily portfolio with newer construction, desirable finishes, attached garage access, and additional land for future possibilities.

Chippewa Valley Real Estate, L is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 9/15/2026 6:30:00 AM.
Equal Housing Opportunity.

Rare multifamily investment and development opportunity in Elk Mound! This expansive property offers 9 duplex buildings totaling 18 units, a vacant lot, and additional land, creating a unique opportunity for investors, developers, or owners looking to expand their rental portfolio. Each unit offers approximately 1,480 square feet with 3 bedrooms and 2 bathrooms, providing spacious and functional living arrangements. The townhome-style units feature modern finishes including LVT flooring throughout the main living areas, carpeted bedrooms, upgraded kitchen cabinetry, quartz countertops, and stainless steel appliances. Each unit includes a stove, refrigerator, dishwasher, microwave, washer, and dryer. Additional features include gas forced-air heating, central air conditioning, and individual electric water heaters. Each unit offers private exterior access as well as convenient access from the garage. The buildings feature attractive vinyl siding and stone veneer exteriors with asphalt-shingle roofs, creating a clean, modern appearance with low-maintenance appeal. With 18 existing 3-bedroom, 2-bathroom units plus a vacant lot and additional land, this property offers an exceptional combination of existing rental housing and future potential. A unique opportunity to acquire a substantial multifamily portfolio with newer construction, desirable finishes, attached garage access, and additional land for future possibilities.

Chippewa Valley Real Estate, L is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 9/15/2026 6:30:00 AM.
Equal Housing Opportunity.

Rare multifamily investment and development opportunity in Elk Mound! This expansive property offers 9 duplex buildings totaling 18 units, a vacant lot, and additional land, creating a unique opportunity for investors, developers, or owners looking to expand their rental portfolio. Each unit offers approximately 1,480 square feet with 3 bedrooms and 2 bathrooms, providing spacious and functional living arrangements. The townhome-style units feature modern finishes including LVT flooring throughout the main living areas, carpeted bedrooms, upgraded kitchen cabinetry, quartz countertops, and stainless steel appliances. Each unit includes a stove, refrigerator, dishwasher, microwave, washer, and dryer. Additional features include gas forced-air heating, central air conditioning, and individual electric water heaters. Each unit offers private exterior access as well as convenient access from the garage. The buildings feature attractive vinyl siding and stone veneer exteriors with asphalt-shingle roofs, creating a clean, modern appearance with low-maintenance appeal. With 18 existing 3-bedroom, 2-bathroom units plus a vacant lot and additional land, this property offers an exceptional combination of existing rental housing and future potential. A unique opportunity to acquire a substantial multifamily portfolio with newer construction, desirable finishes, attached garage access, and additional land for future possibilities.

Chippewa Valley Real Estate, L is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 9/15/2026 6:30:00 AM.
Equal Housing Opportunity.