Date
Details
Price
Change
Source
3/16/2026
Listed
$2,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/22
$2,650,000 Just Listed
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1/22
Property Description
55+ 1-Level rental community built in 2020. Hard to find investment opportunity. Community consists of 4 twin homes (8 units). Each unit has a separate PID to provide for residential v.s commercial property tax rate and ease of forming association if owner wanted to sell units individually. Units boast a great floorplan and are well appointed. Very stable and loyal tenant base that have been taking great care of their respective units. Conveniently located on a quiet cul-de-sac and close to local shopping and the Hwy 101/169 corridor.
Full Property Details
Full Property Details for 11024-11038 183rd Circle NW
General
- Price: $2,650,000
- Taxes: $30,528 (2026)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7037372
- Updated: 3/16/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
- Flooring: Carpet, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 16
Bedrooms
- Total Bedrooms: 16
Additional Information
- Amenities: Ceiling Fan(s), Kitchen Center Island, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Other, Patio, Paneled Doors, In-Ground Sprinkler, Washer/Dryer Hookup
Exterior
- Porch/Patio/Deck: Covered, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached Garage, Asphalt, Insulated Garage, Paved Lot
Location
- County: Sherburne
- Township: Elk River
- Subdivision: Mulvaney Point Twin Homes
- Driving Directions: Hwy 169 to East on Main St (Cty Rd 12). Left on Line Ave. Right on 183rd Circle to cul-de-sac.
School Information
- School District: 2241 - Elk River
- High School District: Elk River
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Separate, Heating Separate, Hot Water Separate
Structural Information
- Foundation Size: 1442
- Roof: Age 8 Years or Less, Asphalt, Pitched
- Ceiling Height: 8-10
- Disability Access: No Stairs External, No Stairs Internal
- Square Feet: 1,442
- Finished Down/Base.: 1,442 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 2020
Lot Features
- Lot Size (Acres): 1.78
- Lot Dimensions: 211 x 302 x 391 x 339
- Frontage: City Street, Cul-de-Sac, Paved Streets
- Potential Use: Income, Medical/Dental
- Zoning: Residential-Single Family
- Lot Description: Medium Tree Coverage
Financial Considerations
- Operating Expenses: $53,000
- Tax Amount: $30,528
- Tax Year: 2026
- Terms: Conventional, Cash
- Owner Pays: Common Area Maintenance, Grounds Care, HVAC Maintenance, Insurance, Repairs, Roof Maintenance, Snow Removal, Taxes
- Tenant Pays: All Utilities
Disclosures and Reports
- Legal Description: LOT 1-9, BLK 1, Mulvaney Point Twin Homes
- Inclusions: Building, Land, Rental License
- Property ID: 75009040105
Listed by Acuity Group
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Price & Sales History for 11024-11038 183rd Circle NW
Tax History
Tax History for 11024-11038 183rd Circle NW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,746
7%
$284,200
—
2023
$3,496
-3%
$284,200
4%
2023
$3,594
—
$274,200
4%
2023
$3,594
—
$264,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 11024-11038 183rd Circle NW
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- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- 3,093Sq. Ft.
Listed by Comstock and Company (612) 201-7766
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
- 3,297Sq. Ft.
Listed by Comstock and Company (612) 201-7766
- Townhouse
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 1,716Sq. Ft.
Listed by Comstock and Company (612) 201-7766
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 3Total Baths
- 2,785Sq. Ft.
Listed by Comstock and Company (612) 201-7766
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- Single Family
- Active
- Updated 6 hours ago
- 5Beds
- 4Total Baths
- 2,513Sq. Ft.
Listed by D.R. Horton, Inc.
- Single Family
- Active
- Updated 6 hours ago
- 4Beds
- 3Total Baths
- 1,988Sq. Ft.
Listed by D.R. Horton, Inc.
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
- 1,281Sq. Ft.
Listed by Lennar Sales Corp
- Single Family
- Active
- Updated 5 days ago
- 5Beds
- 4Total Baths
- 3,083Sq. Ft.
Listed by Engel & Volkers Minneapolis Downtown
11024-11038 183rd Circle NW, Elk River, MN 55330 (MLS# 7037372) is a Commercial property. 11024-11038 183rd Circle NW is currently listed for $2,650,000 and was received on March 16, 2026. Want to learn more about 11024-11038 183rd Circle NW? Do you have questions about finding other Commercial real estate for sale in Elk River? You can browse all Elk River real estate or contact a Coldwell Banker agent to request more information.