121 1st Street W, Maple Lake, MN 55358

Local realty services provided by:ERA Prospera Real Estate
121 1st Street W,Maple Lake, MN 55358
$399,000
  • 3 Beds
  • 3 Baths
  • 2,322 sq. ft.
  • Multi-family
  • Active
Listed by: stephanie schumann
Office: kg realty
MLS#:7072871
Source:NSMLS

Price summary

  • Price:$399,000
  • Price per sq. ft.:$105.17

About this home

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.

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Home facts

  • Year built:1920
  • Listing ID #:7072871
  • Added:2 day(s) ago
  • Updated:May 24, 2026 at 12:09 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Basement:Yes
  • Basement Description:Block, Partially Finished, Shared Access
  • Living area:2,322 sq. ft.

Heating and cooling

  • Heating:Boiler

Structure and exterior

  • Roof:Age 8 Years or Less, Asphalt
  • Year built:1920
  • Building area:2,322 sq. ft.
  • Lot area:0.07 Acres
  • Construction Materials:Block
  • Levels:1 1/2 Story

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$399,000
  • Price per sq. ft.:$105.17
  • Tax amount:$3,960 (2026)

Features and amenities

  • Laundry features:Coin-op Laundry Owned

Parking

  • Parking description:Shared Driveway
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.