$404,900
( )
 $2,174 est/mo Sourced by Back At You

196 Main Street W,Elysian, MN 56028

Elysian, MN 56028

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Description

Excellent opportunity to own a versatile investment property situated along quaint Main Street in Downtown Elysian. This uniqueproperty offers the potential for several income-producing options, including a commercial space, two residential rental units, a shed/shop building and asmaller scale barn. The upper level (Unit A) of the main structure features a beautiful 2-bedroom, 1-bath apartment complete with in-unit laundry andprivate parking. Unit C has been fully renovated into an attractive office space complete with a half bath, laundry hookups, and its own private MainStreet entrance. Unit B is a executively polished 2-bedroom, 1.5-bath main level apartment. It boasts generous ceiling height, a large spacious livingarea and superior style kitchen. Additional highlights contain two spacious outbuildings, including a 20x48 metal building (with power and heat) and an18x35 barn with cold storage. This is not your average income generating property! Pairing all the charm and character that it offers with the fact that ithas been well maintained, you are sure to be proud to make it yours!

Details

MLS #7072611
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1937
Days On Site140
Listing Provided ByTrue Real Estate | Michelle Starkey

Features

Bed(s)4
Bath(s)4
Story(s)2
Units3
ZoningBusiness/Commercial,Residential-
Acreage0.21

Interior

CoolingCentral Air
HeatingForced Air
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Exterior

RoofFlat, Metal
Construction MaterialsFrame

Parking

Parking FeaturesGravel

Utilities

UtilitiesElectric Common, Heating Common, Hot Water Common

Taxes

Property3572

Area Information

StateMN
CountyLe Sueur
CityElysian
Zip Code56028
Community NameCity Of Elysian
School District2143
High SchoolWaterville-Elysian-Morristown
Listing VS Median (in City Of Elysian)
Price:
$404,900
low | high
Med:
$0
On site:
140
low | high
Med:
Sourced by Back At You

Market Activity 56028

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of October 1, 2026 at 4:23:03 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountyLe Sueur
CityElysian
Zip Code56028
Community NameCity Of Elysian
School District2143
High SchoolWaterville-Elysian-Morristown
Listing VS Median (in City Of Elysian)
Price:
$404,900
low | high
Med:
$0
On site:
140
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $303K - $506K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
203 Frank Avenue NW Property Photo 1
$499,000
203 Frank Avenue Nw
Elysian, MN 56028
207 Maple Avenue SW Property Photo 1
$319,900
207 Maple Avenue Sw
Elysian, MN 56028
Listing Updated: September 29, 2026 at 6:47:08 AM PDT