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315 E Main Street

Cyrus, MN 56323
  • $1,349,999
  • STATUS: Active
  • ON SITE: 110 Days
  • ID#: 7011649
$1,349,999
  • 38
    BEDS
  • 1.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 20,246
    SQFT
  • $67
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1983
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of .

Description

Excellent investment opportunity in charming Cyrus! This 24 unit apartment complex operates at nearly 100% occupancy and provides plenty of green space that is so coveted by the apartment clientele. Located 22 miles SW of Alexandria, 6.5 miles East of Morris and 9 miles West of Starbuck, there is plenty of draw to this smaller but well maintained country town. Comprised of 3 separate 8-unit buildings, this complex provides ample parking, well-maintained grounds, several updates and a great return! Main St building is all main level living with 8-1 bedroom units and Cyrus Garden East and West buildings mirror each other with 7-2 bedroom units and 1-1 bedroom unit in each. Start investing in real estate today or expand your portfolio with this turn-key complex that will start making you money on day one!

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IDX data © 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than V&CO | Keller Williams Integrity Edina are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. V&CO | Keller Williams Integrity Edina is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of V&CO | Keller Williams Integrity Edina, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2026-05-13T00:21:53.797.

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315 E Main Street Cyrus, MN 56323

  • Price: $1,349,999
  • Status: Active
  • On Site: 110 Days
  • ID#: 7011649
38
Beds
0
Baths
0
½ Baths
1.03
Acres
20,246
SQFT
$67
$/SQFT
1983
Built
Neighborhood:
Cyrus City
County:
Pope
School District:
2769 - Morris Area
Property Description
Excellent investment opportunity in charming Cyrus! This 24 unit apartment complex operates at nearly 100% occupancy and provides plenty of green space that is so coveted by the apartment clientele. Located 22 miles SW of Alexandria, 6.5 miles East of Morris and 9 miles West of Starbuck, there is plenty of draw to this smaller but well maintained country town. Comprised of 3 separate 8-unit buildings, this complex provides ample parking, well-maintained grounds, several updates and a great return! Main St building is all main level living with 8-1 bedroom units and Cyrus Garden East and West buildings mirror each other with 7-2 bedroom units and 1-1 bedroom unit in each. Start investing in real estate today or expand your portfolio with this turn-key complex that will start making you money on day one!
Exterior Features

Construction Materials Frame Foundation Area 13142 Lot Size Dimensions 300 150 Parking Features AsphaltPaved Lot Road Frontage Type City StreetPaved Streets Roof Asphalt

Interior Features

Appliances RangeRefrigerator Cooling Wall Unit(s) Heating Boiler Refrigerator Num One Per Unit

Property Features

Accessibility Features Partially Wheelchair Additional Parcels YN Yes Assessment Pending No Contingency None Current Use Residential Electric Expense 4037 Foreclosure Status No Fractional Ownership YN No Fuel Natural Gas Gross Income 199032 Inclusions BuildingBusiness AssetsBusinessLand Insurance Expense 9999 Land Lease YN No Lender Owned No Maintenance Expense 7767 Net Operating Income 135000 New Construction YN No Owner Pays Common Area MaintenanceExterior MaintenanceGasHeatHot WaterInsuranceJanitorial ServiceGrounds CareRepairsSewerSnow RemovalTaxesTrash CollectionWater Postal City Cyrus Potential Short Sale No Present Use Yearly Rental License Type Standard Rental License YN Yes Road Responsibility Public Maintained Road Sewer City Sewer/Connected Tax Annual Amount 14942 Tax With Assessments 14942 Tax Year 2025 Tenant Pays Electricity Trash Expense 3024 Utilities Electric SeparateHeating CommonHot Water Common Water Sewer Expense 10147 Water Source City Water/Connected Zoning Description Residential-Multi-Family

NorthstarMLS] logo © 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of : . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than V&CO | Keller Williams Integrity Edina are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. V&CO | Keller Williams Integrity Edina is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of V&CO | Keller Williams Integrity Edina, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2026-05-13T00:21:53.797.

Click here for Digital Millennium Copyright Act
 
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V&CO | Keller Williams Integrity Edina
7401 Metro Blvd. #350
Edina MN, 55439
NorthstarMLS] logo Listing courtesy of .