3200 Maple Avenue, Slayton, MN 56172
$675,000
Property Type:
Commercial
Lot Size (sq. ft.):
37,897
Status:
Active
Current Price:
$675,000
List Date:
5/28/2026
Last Modified:
5/28/2026
Overview
Description
Listing Details MLS# 7082296
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 20
- Owner Occupied
- No
- Waterfront Present
- No
- Year Built
- 1974
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Multi-Family
- Foundation Size
- 10357
- For Sale or Lease
- For Sale
- Acres
- 0.87
- Lot Dimensions
- 231.5x330
- Assessment Pending
- Unknown
- Garage Stalls
- 0
Property Features
Accessible:
Other
Air Conditioning:
Wall Unit(s)
Amenities Shared:
Coin-op Laundry Owned; Other
Appliances:
Range; Refrigerator
Assumable Loan:
Not Assumable
CMU Style:
Apartments/Multi Family
Construction Status:
Previously Owned
Current Use:
Commercial; Residential
Exterior:
Brick Veneer
Fencing:
None
Flooring:
Carpet; Tile; Vinyl/Linoleum
Foundation:
Concrete Block
Fuel:
Natural Gas
Heating:
Baseboard; Boiler; Hot Water
Loan Terms:
Cash; Conventional
Lot Description:
Irregular Lot
On Site Utilities:
Electric Common; Electric Separate
Parking Characteristics:
Parking Lot
Pool Description:
None
Road Frontage:
City Street; Paved Streets
Road Responsibility:
Public Maintained Road
Roof:
Age 8 Years or Less
Sewer:
City Sewer/Connected
Stories:
Two
Tenant Pays:
Electricity
Topography:
Level
Water:
City Water/Connected
Contract Information
- Contingency
- None
- ListPrice
- 675000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 3200
- Street Name
- Maple
- Street Suffix
- Avenue
- Postal City
- Slayton
- County
- Murray
- State
- MN
- Zip Code
- 56172
Assessments
- Assessment Balance
- 1569
- Tax With Assessments
- 11408
Building Information
- Building Finished SqFt
- 18000
- Building SqFt
- 20714
More Information
Income and Expenses
- Annual Gross Expenses
- 73700
- Annual Gross Income
- 150780
- Annual Net Income
- 77080
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 41
- Section#
- 15
- Township#
- 106
Sale Options
- Sale Includes
- Building
Unit 1
- No. of 1 Bedroom Units
- 9
Unit 2
- No. of 2 Bedroom Units
- 14
Unit Details
- Total Units
- 23
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- Legal Description
- OUTERLOTS -- PLATTED -- SE1/4 SE1/4 SW1/4 PART OF LOT 1 AS DESCRIBED IN DOCUMENT 160771 & W1/2 OF LOT 2
- Listing City
- Slayton
- Map Page
- 999
- Municipality
- Slayton
- School District
- Murray County Central
- School District Phone
- 507-836-6183
- Zip Plus 4
- 1360
- Property ID Number
- 290150220
- Tax Year
- 2025
- Tax Amount
- 9839
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Investment Opportunity: 23-Unit Apartment Building. A prime value-add investment with strong cash flow potential! 14 spacious 2-bedroom units and Nine 1-bedroom units. This property offers an excellent opportunity to enhance cash flow through active management and upgrades, making it ideal for investors seeking steady income and future growth.
- Directions
- Take Hwy 59 into Slayton to Maple Avenue
Accessible
- Other
- Yes
Air Conditioning
- Wall Unit(s)
- Yes
Amenities Shared
- Coin-op Laundry Owned
- Yes
- Other
- Yes
Appliances
- Range
- Yes
- Refrigerator
- Yes
Assumable Loan
- Not Assumable
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick Veneer
- Yes
Fencing
- None
- Yes
Flooring
- Carpet
- Yes
- Tile
- Yes
- Vinyl/Linoleum
- Yes
Foundation
- Concrete Block
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Baseboard
- Yes
- Boiler
- Yes
- Hot Water
- Yes
Lot Description
- Irregular Lot
- Yes
Parking Characteristics
- Parking Lot
- Yes
Pool Description
- None
- Yes
Road Frontage
- City Street
- Yes
- Paved Streets
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Roof
- Age 8 Years or Less
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- Two
- Yes
Topography
- Level
- Yes
Water
- City Water/Connected
- Yes
Tenant Pays
- Electricity
- Yes
On Site Utilities
- Electric Common
- Yes
- Electric Separate
- Yes
CMU Style
- Apartments/Multi Family
- Yes
Current Use
- Commercial
- Yes
- Residential
- Yes
Loan Terms
- Cash
- Yes
- Conventional
- Yes
Listing Office:
RE/MAX Results
Last Updated: May - 28 - 2026
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