104 NE Frank, Elysian, MN 56028

$289,900
3
BD
2
Full Baths
3,298
SqFt

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List Price
$289,900
MLS#
7040315
Property Type
Multifamily
Bedrooms
3
Total Bathrooms
2
Full Bathrooms
2
Sqft. of Residence
3,298

Property Description

Spacious up/down duplex in Elysian with active rental license renewed in 2025 and valid for 3 years! This well-maintained property offers over 2,800 finished sqft on a generous 0.52-acre lot with strong income potential and owner-occupant flexibility. Unit 1 features 3 bedrooms, 2 full baths, plus a loft, with the main floor and upper level layout currently rented for $1,600/month (lease through 7/31/26). Unit 2 is a remodeled 2-bedroom lower-level walkout unit with 3/4 bath, fenced backyard access, and market-ready rental potential at $1,300/month. Recent updates include new water heater (2024), newer carpet and new stackable washer/dryer in Unit 1, plus extensive 2022–2023 basement remodel including new counters, sink, refrigerator, and range in Unit 2. Oversized 2-stall detached garage, extra-wide driveway with ample off-street parking, and additional storage space add major value. Just a 5-minute walk to Lake Francis, this property offers strong cash flow potential, plenty of space, and an excellent opportunity for investors or owner-occupants alike!

Additional Information

Garage Spaces
2
Living Area
3,298
Stories
2 Story
Style
Duplex - Up & Down
Area
ELYSN/WATERVLE

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Nick Nathe (nickandleah@edinarealty.com) from Listing Office: Edina Realty Inc. Mankato.