USAMNWaverlyOriginal Waverly409 Elm Ave
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409 Elm Ave, Waverly, MN

Real Estate

Sold

Listed price in listed location currency (USD).
$490,000
$480,000

000

MLS® 6789416

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $3,906
Approx. Age 1928
MLS® Number 6789416

Property Address: 409 Elm Ave, Waverly, MN, 55390-7521

Average square foot calculated using Size range provided by listing agent.

Description

Solid investment opportunity with this 6-unit apartment building in Waverly. The property is fully rented, producing $6, 700 in monthly rent, and offers a strong, stable rental history. Units are well maintained, and recent updates include a roof with warranty and tuckpointed brick exterior. Additional features include a shared coin-operated laundry room for tenant convenience and supplemental income. Photos of all units are included in the listing, and complete financials are provided in the supplements for buyer review. The seller also owns the neighboring duplex and a mixed-use building with one apartment and a commercial space, for a total of 10 units all next door to each other. Preference is to sell as a package, though individual sales will be considered.
MLS® Number6789416
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1928
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building

Similar Listings

Price History

Oct 11, 2025End Date
$490,000Sold Price

Sold

Sep 26, 2025List Date
$480,000List Price
  • Commute

Commute

Starting Address
Destination Address
409 Elm Ave, Waverly, MN

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