Active
$650,000

11039 181st Avenue NW, Elk River, MN, 55330

3  Bedrooms2  Bathrooms1,678  Square Feet2.34  Acres
Days on market128
Year built1971
Garage spaces2
Potential $16,500buyer credit when you buy with SODL
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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

Property typeResidential
Property subtypeSingle Family
Year built1971
LevelsOne
Living area1,678 sqft
Above-grade finished1,293 sqft
Below-grade finished385 sqft
Lot size2.34 acres (289x562x208x379)
Days on market128
ListedJul 9, 2026
MLS #NST7084239
CountySherburne
Parcel #75001353306

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
128
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementBlock, Daylight/Lookout Windows, Finished, Partially Finished, Storage Space
HeatingBaseboard
CoolingNone
LaundryIn Basement
AppliancesDishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
DiningInformal Dining Room
AmenitiesSun Room
AccessibilityNone
Special features3 BR on One Level

Exterior & lot

ExteriorStone, Wood
RoofAge Over 8 Years, Asphalt
FoundationBlock
Foundation area1,128 sqft
Lot featuresIrregular Lot
Road frontageCity Street, Paved Streets, Street Lights, Storm Sewer
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourcePrivate, Well
SewerPrivate Sewer, Tank with Drainage Field
FuelElectric, Natural Gas

Parking & garage

ParkingAttached Garage, Gravel, Multiple Garages
Garage spaces2
Garage size552 sqft

Financial details

Annual taxes$4,470
Tax year2026
Taxes w/ assessments4470
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District728 - Elk River
District number728
District phone7632413400
High schoolElk River
SODL flat fee brokerage
$16,500Estimated buyer credit
SODL platform fee $3,000Your buyer credit $16,500

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

$4,005/mo
Principal & interest$3,416
Property taxes$373
Home insurance (est.)$217
%
$130,000
0%50%
Credit score
Loan term

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 NW, Elk River, MN, 55330

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Listing information

MLS #NST7084239
Last reported MLS statusActive
MLS record updatedJul 27, 2026, 7:55 PM
Originally listedJul 9, 2026, 12:58 PM
Listing officeHaller Realty Inc.
Co-listing officeHaller Realty Inc.

Status reflects the latest MLS record available to SODL, not independently confirmed current availability. Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.