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Spacious up/down duplex in Elysian with active rental license renewed in 2025 and valid for 3 years! This well-maintained property offers over 2,800 finished sqft on a generous 0.52-acre lot with strong income potential and owner-occupant flexibility. Unit 1 features 3 bedrooms, 2 full baths, plus a loft, with the main floor and upper level layout currently rented for $1,600/month (lease through 7/31/26). Unit 2 is a remodeled 2-bedroom lower-level walkout unit with 3/4 bath, fenced backyard access, and market-ready rental potential at $1,300/month. Recent updates include new water heater (2024), newer carpet and new stackable washer/dryer in Unit 1, plus extensive 2022-2023 basement remodel including new counters, sink, refrigerator, and range in Unit 2. Oversized 2-stall detached garage, extra-wide driveway with ample off-street parking, and additional storage space add major value. Just a 5-minute walk to Lake Francis, this property offers strong cash flow potential, plenty of space, and an excellent opportunity for investors or owner-occupants alike!

Property Details of 104 NE Frank Avenue

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Listed by Nick Nathe of Edina Realty Inc. Mankato (cell: 763-355-4477)

 Based on information submitted to RASM as of May 20, 2026 7:27 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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