Date
Details
Price
Change
Source
5/21/2026
Listed
$399,000
—
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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$399,000 Just Listed
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Property Description
Welcome to this fantastic investment opportunity in the heart of Maple Lake - where small-town living meets convenience and community charm. This well-maintained triplex features three beautifully updated units, with the potential to add a fourth unit in the basement for even greater income potential. Located in a desirable neighborhood close to local shopping, restaurants, parks, and schools, this property also puts you just minutes from all of the year-round festivities and community events that make Maple Lake such a special place to call home. Each unit has been thoughtfully renovated to offer modern updates while still maintaining a warm and inviting feel. With strong rental demand in the area and flexible opportunities for investors or owner-occupants alike, this property is a rare chance to enjoy steady income potential in a welcoming small-town setting.
Full Property Details
Full Property Details for 121 1st St W
General
- Price: $399,000
- Taxes: $3,960 (2026)
- Status: Active
- Type: Triplex
- Source: NorthStarMLS_RMLS
- MLS ID: 7072871
- Updated: 5/22/2026
- Added to Site: 2 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Basement, Common Area, In Basement, Common Area
Additional Information
- Shared Amenities: Laundry, Coin-op Laundry Owned
Exterior
- Porch/Patio/Deck: Deck, Patio
Parking
- Parking Features: Shared Driveway
Location
- County: Wright
- Township: Maple Lake
- Subdivision: Original Maple Lake
- Driving Directions: Heading west on hwy 55, take a left on Oak Ave at the light, to a right on 1st St W, property will be on your left.
School Information
- School District: 881 - Maple Lake
- High School District: Maple Lake
Heating & Cooling
- Heating Type: Boiler
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Exterior Const.: Block, Frame
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Block, Partially Finished, Shared Access
- Foundation Size: 1472
- Roof: Age 8 Years or Less, Asphalt
- Disability Access: None
- Square Feet: 2,322
- Above Ground: 2,322 Sq. Ft.
- Below Ground: 1,472 Sq. Ft.
- Finished Down/Base.: 3,794 Sq. Ft.
- Year Built: 1920
Unit Information
- Units w/Refrigerators: 3
Lot Features
- Lot Size (Acres): 0.068
- Lot Dimensions: 48 x 58 x 47 x 61
- Frontage: City Street
- Zoning: Residential-Multi-Family
Financial Considerations
- Operating Expenses: $10,800
- Tax Amount: $3,960
- Tax Year: 2026
- Terms: Conventional, Cash
- Tenant Pays: Electricity
- Pays Electric: Tenant Pays
Disclosures and Reports
- Legal Description: SECT-06 TWP-120 RANGE-026 ORIGINAL PLAT MAPLE LK BLOCK-007 TH PRT OF BLK7 DES AS FOLL COM AT PT ON N LN OF SD BLK7 WH IS 93FT WLY, MSD ALG SUCH LN FR NE COR OF TH PRT OF BLK7 LY BET OAK& BIRCH AVE TH WLY FR SD POB ALG N LN 60FT TH SWLY AT R AGL 50FT T H ELY ALG RR R/W 60FT TH N AT R AGL TO POB
- Property ID: 110010007011
Listed by Kg Realty
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Listing agent
— 121 1st St W —
Kg Realty
NMLS#: 1598647
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Schools
Schools serving 121 1st St W
School District:Maple Lake Public School District
| Name | Grades | Distance |
|---|---|---|
Maple Lake Elementary School 200 Highway 55, Maple Lake, MN 55358 | PK-6 | 0.3 mi |
Maple Lake Secondary 200 Highway 55, Maple Lake, MN 55358 | 7-12 | 0.3 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 121 1st St W
Tax History
Tax History for 121 1st St W
Year
Property Taxes
Change
Tax Assessment
Change
2026
$3,960
-11%
$254,500
-3%
2023
$4,450
—
$263,200
1%
2023
$4,450
7%
$260,200
11%
2022
$4,156
22%
$234,900
21%
2021
$3,406
-2%
$194,900
10%
2020
$3,458
3%
$176,700
5%
2019
$3,358
12%
$168,600
12%
2018
$3,008
11%
$151,100
6%
2017
$2,706
5%
$142,900
4%
2016
$2,588
7%
$138,000
4%
2015
$2,430
-5%
$132,300
-2%
2014
$2,546
-3%
$134,900
-1%
2013
$2,628
—
$136,500
—
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 121 1st St W
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Sold by City and Lakes Real Estate
121 1st Street W, Maple Lake, MN 55358 (MLS# 7072871) is a Triplex property with 3 bedrooms and 0 full bathrooms. 121 1st Street W is currently listed for $399,000 and was received on May 21, 2026. Want to learn more about 121 1st Street W? Do you have questions about finding other Triplex real estate for sale in Maple Lake? You can browse all Maple Lake real estate or contact a Coldwell Banker agent to request more information.