11039 181st Avenue
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About this home
Rare investment opportunity in the heart of Elk River! This 2.34-acre property offers outstanding visibility along Main Street with convenient access between Highway 10 and Highway 169. Currently improved with a single-family home, the property features a beautiful, park-like setting with mature trees and a spacious yard, while also presenting excellent future redevelopment potential. With multifamily and commercial properties located nearby, the site offers a variety of possibilities. A potential second access point from the neighborhood cul-de-sac to the northwest may provide additional development flexibility (buyer to verify with the City of Elk River). An exceptional opportunity for investors, developers, or those looking to secure a prime location with strong future potential.
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Home facts
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Bath breakdown
- 1 full / 1 3/4
- Heating
- Baseboard
- Cooling
- None
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Property
- Levels / stories
- One
- Garage
- 2 spaces · 23x24 · 552 sqft
- Carport
- 1
- Parking features
- Attached Garage, Gravel, Multiple Garages
- Exterior features
- Stone, Wood
- Other structures
- Garage(s), Storage Shed
Construction
- Property type
- Residential
- Property subtype
- Single Family
- Construction materials
- Block
- Foundation
- Block · 1,128 sqft
- Roof
- Age Over 8 Years, Asphalt
- Year built
- 1971
Utilities
- Water
- Private, Well
- Sewer
- Private Sewer, Tank with Drainage Field
- Fuel
- Electric, Natural Gas
- Electric
- 100 Amp Service
Community & HOA
- HOA
- No HOA
- School district
- 728 - Elk River
- High school district
- Elk River
Financial & listing details
- Annual tax
- $4,470 (2026)
- Listed
- Jul 9, 2026
- Days on market
- 81
- Manufactured home
- Yes
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
How SODL buyer credits work
When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.
- Tour homes with SODL’s flexible showing network
- Submit offers and manage your transaction through the platform
- Keep more money at closing through transparent flat-fee pricing
A clear, modern way to buy with expert guidance and meaningful savings.
Estimated monthly payment
These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.
Location
11039 181st Avenue, Elk River, MN, 55330
Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
