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Active
$279,000
/mo Edit
Single Family:  2 Stories
5 br • 3 ba • Built 1887
2,859 sqft • 0.52 acres
Waterville-Elysian-Morris schools
MLS# 7073838
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    Property Description

    Spacious up/down duplex in Elysian with active rental license renewed in 2025 and valid for 3 years! Recently updated with fresh asphalt driveway, new main floor flooring, and new ceiling tiles, 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!

    Listing

    Contingency: None
    Price per sq ft: $98
    City: Elysian
    County: Le Sueur
    State: MN
    Property Style: 2 Stories
    Zip Code: 56028
    Subdivision Name: Logan Elysian

    Interior

    Living Area: 2,859 ft2
    Common Wall: No
    Appliances Included:
    • Dryer
    • Range
    • Refrigerator
    • Washer
    Fireplace Details: Wood Burning
    Basement Details:
    • Block
    • Egress Window(s)
    • Finished
    • Walkout

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 40' x 33'
    Garage Size: 1,320 ft2
    Air Conditioning: Central Air
    Foundation Size: 969 ft2
    Fencing: Full, Wire
    Handicap Accessible: None
    Out Buildings: Granary, Workshop, Storage Shed
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached Garage
    Unit Amenities:
    • Ceiling Fan(s)
    • Hardwood Floors
    • Patio
    • Washer/Dryer Hookup
    Road Frontage: City Street
    Exterior Material:
    • Block
    • Frame
    Roof Details: Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 2
    Half Baths: None
    3/4 Baths: 1
    Bathroom Details:
    • 3/4 Basement
    • Main Floor Full Bath
    • Upper Level Full Bath
    Dining/Kitchen:
    • Informal Dining Room
    • Kitchen/Dining Room
    Laundry:
    • Laundry Closet
    • Laundry Room
    • Main Level
    Second Level Size Sq Ft
    Bathroom  6 x 8  48 
    Second Level Size Sq Ft
    Loft  15 x 17  255 
    Second Level Size Sq Ft
    Bedroom 2  15 x 17  255 
    Second Level Size Sq Ft
    Bedroom 3  13 x 8  104 
    Main Level Size Sq Ft
    Bathroom  7 x 11  77 
    Dining Room  10 x 13  130 
    Bedroom  15 x 11  165 
    Kitchen  11 x 11  121 
    Laundry  14 x 11  154 
    Living Room  14 x 14  196 
    Basement Level Size Sq Ft
    Bathroom  11 x 5  55 
    Den  13 x 11  143 
    Dining Room  10 x 9  90 
    Bedroom 5  15 x 8  120 
    Bedroom 4  11 x 11  121 
    Kitchen  11 x 15  165 
    Living Room  15 x 16  240 
    Storage  13 x 15  195 

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.52
    Geolocation: 44.200994, -93.675099
    Lot Dimensions: 150' x 150'
    Zoning:
    • Residential-Multi-Family
    • Residential-Single Family
    Lot Description: Tree Coverage - Medium

    Schools

    School District: 2143
    District Phone: 5072753115

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,632
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,672
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System:
    • City Sewer - In Street
    • City Sewer/Connected
    Water System:
    • City Water - In Street
    • City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.