315 E Main Street, Cyrus, MN 56323 - Photo 1

1/1

$1,140,000

Sold
Closed
Commercial
20,246 Sq. Ft.
1.032 Acres
Updated 17 hours ago

1/1

Property Description

Excellent investment opportunity in charming Cyrus! This 24 unit apartment complex operates at nearly 100% occupancy and provides plenty of green space that is so coveted by the apartment clientele. Located 22 miles SW of Alexandria, 6.5 miles East of Morris and 9 miles West of Starbuck, there is plenty of draw to this smaller but well maintained country town. Comprised of 3 separate 8-unit buildings, this complex provides ample parking, well-maintained grounds, several updates and a great return! Main St building is all main level living with 8-1 bedroom units and Cyrus Garden East and West buildings mirror each other with 7-2 bedroom units and 1-1 bedroom unit in each. Start investing in real estate today or expand your portfolio with this turn-key complex that will start making you money on day one!

Full Property Details

Full Property Details for 315 E Main St

General

Sold For: $1,140,000
Taxes: $14,942 (2025)
Status: Closed
Type: Commercial
Source: NorthStarMLS_RMLS
MLS ID: 7011649
Added to Site: 170 day(s) ago

Parking

Parking Features: Asphalt, Paved Lot

School Information

School District: 2769 - Morris Area
High School District: Morris Area

Heating & Cooling

Cooling Type: Wall Unit(s)
Heating Type: Boiler
Heating Fuel: Natural Gas

Utilities

Sewer: City Sewer Connected
Water: City Water (Connected)
Utility Description: Electric Separate, Heating Common, Hot Water Common

Financial Considerations

Tax Amount: $14,942
Tax Year: 2025
Terms: Conventional, Cash
Owner Pays: Common Area Maintenance, Exterior Maintenance, Gas, Heat, Hot Water, Insurance, Janitorial Service, Grounds Care, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
Tenant Pays: Electricity
Pays Electric: Tenant Pays
Pays Gas: Owner Pays
Pays Heat: Owner Pays
Pays Trash: Owner Pays
Pays Water: Owner Pays

Disclosures and Reports

Legal Description: SECT-20 TWP-125 RANGE-40 LOT-1 BLK-12 CYRUS CITY, ORIGINAL PLAT LOTS 1 THRU 6 BLOCK 12 AND SECT-29 TWP-125 RANGE-40 LOT-1 BLK-14 CYRUS CITY, ORIGINAL PLAT LOTS LOTS 1, 2, 3 & E24 FT OF LOT 4 BLOCK 14
Inclusions: Building, Business Assets, Business, Land
Property ID: 220059000

Listed by Edina Realty, Inc.
Sold by Counselor Realty Inc of Alex

What's Your Home Worth?

* Indicates a required field

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Address optional

City *State *

Zip Code *

Your Contact Information

First Name *Last Name *

Email Address *

Phone Number *

Comment *

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Submit, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

Listing agent

— 315 E Main St —

Edina Realty, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 315 E Main St

School District:Morris Area Public Schools

Name	Grades	Distance
Morris Area Elementary 151 South Columbia Avenue, Morris, MN 56267	PK-6	8.4 mi
Morris Area Secondary 201 South Columbia Avenue, Morris, MN 56267	7-12	8.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 315 E Main St

Date

Details

Price

Change

Source

7/10/2026

Sold

$1,140,000

-12.31%

MLS

5/22/2026

Price Reduced

$1,300,000

-3.7%

MLS

4/24/2026

Price Reduced

$1,349,999

-3.57%

MLS

3/24/2026

Price Reduced

$1,399,999

-3.45%

MLS

1/22/2026

Listed

$1,450,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

20 Highland Dr, Morris, MN 56267 - Photo 1

Just Listed

$238,900

20 Highland Dr Morris, MN 56267

Single Family
Active
Updated 2 days ago

4
Beds
2
Total Baths
1,503
Sq. Ft.

Listed by Prairie Real Estate

111 W 7th St, Morris, MN 56267 - Photo 1

Just Listed

$129,000

111 W 7th St Morris, MN 56267

Single Family
Active
Updated 12 hours ago

4
Beds
1
Total Bath
1,496
Sq. Ft.

Listed by Bridge Realty, LLC

519 E 9th St, Morris, MN 56267 - Photo 1

Just Listed

$229,900

519 E 9th St Morris, MN 56267

Single Family
Active
Updated 3 days ago

2
Beds
2
Total Baths
1,157
Sq. Ft.

Listed by Counselor Realty Inc of Alex

Tbd East 9th St, Starbuck, MN 56381 - Photo 1

Just Listed

$339,900

Tbd East 9th St Starbuck, MN 56381

Townhouse
Active
Updated 2 days ago

2
Beds
2
Total Baths
1,120
Sq. Ft.

Listed by Minnewaska Insurance & Real Es

Price Reduced

-$10,000 (-3.33%)

$289,900

2 Line Dr Morris, MN 56267

Townhouse
Active
Updated 2 days ago

2
Beds
2
Total Baths
1,614
Sq. Ft.

Listed by Pomme de Terre Realty, LLC

17624 340th Ave, Starbuck, MN 56381 - Photo 1

Price Reduced

-$10,000 (-2.94%)

$330,000

17624 340th Ave Starbuck, MN 56381

Single Family
Active
Updated 3 days ago

4
Beds
2
Total Baths
1,515
Sq. Ft.

Listed by Central MN Realty LLC

4199 Andes Rd SW, Kensington, MN 56343 - Photo 1

Price Reduced

-$50,000 (-10.04%)

$448,000

4199 Andes Rd SW Kensington, MN 56343

Single Family
Active
Updated 1 day ago

3
Beds
1
Total Bath
1,160
Sq. Ft.

Listed by Century 21 First Realty, Inc.

16 Tower St, Kensington, MN 56343 - Photo 1

Price Reduced

-$16,100 (-4.81%)

$318,900

16 Tower St Kensington, MN 56343

Single Family
Active
Updated 2 days ago

3
Beds
2
Total Baths
1,676
Sq. Ft.

Listed by Counselor Realty Inc of Alex

28840 S Shore Dr, Starbuck, MN 56381 - Photo 1

Sold

$975,000

28840 S Shore Dr Starbuck, MN 56381

Single Family
Closed

3
Beds
3
Total Baths
1,672
Sq. Ft.

Listed and Sold by Minnewaska Insurance & Real Es

Section 35 Pepperton Township, Alberta, MN 56207 - Photo 1

Sold

$1,259,256

Section 35 Pepperton Township Alberta, MN 56207

Lots/Land
Closed

146.06
Acres

Listed and Sold by Zielsdorf Auction & Real Estate

315 E Main Street, Cyrus, MN 56323 (MLS# 7011649) is a Commercial property that was sold at $1,140,000 on July 10, 2026. Want to learn more about 315 E Main Street? Do you have questions about finding other Commercial real estate for sale in Cyrus? You can browse all Cyrus real estate or contact a Coldwell Banker agent to request more information.

315 E Main St Cyrus, MN 56323

Full Property Details for 315 E Main St

General

Parking

School Information

Heating & Cooling

Utilities

Financial Considerations

Disclosures and Reports

Listing agent

Get Pre-Approved Today

Be ready to buy your new home!

Be ready to buy your new home!

Schools serving 315 E Main St

Price & Sales History for 315 E Main St

Just Listed near 315 E Main St

20 Highland Dr Morris, MN 56267

111 W 7th St Morris, MN 56267

519 E 9th St Morris, MN 56267

Tbd East 9th St Starbuck, MN 56381

Price Reduced near 315 E Main St

2 Line Dr Morris, MN 56267

17624 340th Ave Starbuck, MN 56381

4199 Andes Rd SW Kensington, MN 56343

16 Tower St Kensington, MN 56343

Recent Sales near 315 E Main St

28840 S Shore Dr Starbuck, MN 56381

Section 35 Pepperton Township Alberta, MN 56207

End-User License Agreement