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Investment Highlights

  • 2,925 SF building
  • Located Near Lake Francis
  • Keypad Self Check-in for Guests
  • Zoned Residential 1-3 Units
  • Home Theater

Executive Summary

Turnkey, fully furnished, and thoughtfully renovated, this one-level home in the heart of Elysian offers nearly 3,000 square feet of living space and exceptional short-term rental potential. The open-concept design features vaulted ceilings and a stunning 12-foot granite island that anchors the main living area; creating an inviting space for gathering, dining, and entertaining. A dedicated theater room provides a premium guest experience and a sought-after amenity for vacation renters. Designed with accessibility in mind, the home offers zero-entry access, wheelchair-friendly living spaces, wide doorways, and accessible bathrooms. With 4 bedrooms and 2 bathrooms, it comfortably accommodates up to 12 guests. The property further maximizes its footprint with a patio for outdoor enjoyment and ample parking spaces. Location is everything, and this property delivers. Public access to Lake Francis Beach is directly across the street, while downtown Elysian's restaurants, shops, and local attractions are just a short walk away. Whether guests are looking for lakeside relaxation, outdoor recreation, or small-town charm, it's all within easy reach. This home is equipped for seamless operation with keypad self check-in, dedicated workspaces, and high-speed Wi-Fi, making it ready for immediate enjoyment and positioned for continued success as a short-term rental.

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Property Facts

Price $550,000
Price Per SF $188.03
Sale Type Investment
Property Type Specialty
Building Class B
Building Size 2,925 SF
No. Stories 1
Year Built 1998
Somewhat walkable
20/100
Very drivable
80/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
16.410.0360
Land Assessment
$39,900
Improvements Assessment
$282,600
Total Assessment
$322,500
  • Listing ID: 41056882

  • Date on Market: 6/25/2026

  • Last Updated:

  • Address: 203 Frank Ave NW, Elysian, MN 56028

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