Rare investment opportunity in the heart of Elk River! This 2.34-acre property offers outstanding visibility along Main Street with convenient access between Highway 10 and Highway 169. Currently improved with a single-family home, the property features a beautiful, park-like setting with mature trees and a spacious yard, while also presenting excellent future redevelopment potential. With multifamily and commercial properties located nearby, the site offers a variety of possibilities. A potential second access point from the neighborhood cul-de-sac to the northwest may provide additional development flexibility (buyer to verify with the City of Elk River). An exceptional opportunity for investors, developers, or those looking to secure a prime location with strong future potential.
Active
$650,000
11039 181st Ave NW, Elk River, MN 55330
3beds
1,678sqft
Single Family
Built in 1971
2.34 Acres Lot
$637,800 Zestimate®
$387/sqft
$-- HOA
What's special
Spacious yard
- 63 days
- 226
- 0
Zillow last checked:
Listing updated:
Listed by:
Thomas Nagorski 612-308-4900,
Haller Realty Inc.,
Kyle Haller 320-266-4567
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7084239
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12x13
Bedroom 2
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Bedroom 3
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10x12
Dining room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12x15
Family room
- Level: Lower
- Area: 240 Square Feet
- Dimensions: 20x12
Kitchen
- Level: Main
- Area: 252 Square Feet
- Dimensions: 14x18
Living room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 20 x 12
Sun room
- Level: Main
- Area: 165 Square Feet
- Dimensions: 11x15
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: In Basement
Features
- Basement: Block,Daylight,Finished,Partially Finished,Storage Space
- Has fireplace: No
Interior area
- Total structure area: 2,321
- Total interior livable area: 1,678 sqft
- Finished area above ground: 1,293
- Finished area below ground: 385
Property
Parking
- Total spaces: 3
- Parking features: Attached, Gravel, Multiple Garages
- Attached garage spaces: 2
- Carport spaces: 1
- Details: Garage Dimensions (23x24), Garage Door Height (7), Garage Door Width (16)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 2.34 Acres
- Dimensions: 289 x 562 x 208 x 379
- Features: Irregular Lot
Details
- Additional structures: Garage(s), Storage Shed
- Foundation area: 1128
- Parcel number: 75001353306
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Block
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Electric: 100 Amp Service
- Gas: Electric, Natural Gas
- Sewer: Private Sewer, Tank with Drainage Field
- Water: Private, Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Elk River
Financial & listing details
- Price per square foot: $387/sqft
- Tax assessed value: $346,600
- Annual tax amount: $4,470
- Date on market: 7/9/2026
- Road surface type: Paved
Estimated market value
$637,800
$606,000 - $670,000
$2,494/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $650,000$387/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7084239 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,338 +1.1% | $331,244 +1.6% |
| 2024 | $4,292 +12.2% | $326,012 -2.8% |
| 2023 | $3,826 +16.9% | $335,322 +20.2% |
| 2022 | $3,274 +2.1% | $279,078 +39% |
| 2021 | $3,208 +5.3% | $200,707 +9.3% |
| 2020 | $3,046 -5% | $183,594 -9.4% |
| 2019 | $3,208 +5.3% | $202,600 +6.7% |
| 2018 | $3,046 +17.1% | $189,800 +9.6% |
| 2017 | $2,602 +614.8% | $173,100 +6.4% |
| 2016 | $364 -83.6% | $162,700 +21.4% |
| 2015 | $2,224 | $134,000 +0.9% |
| 2014 | $2,224 +2.1% | $132,800 +8.8% |
| 2013 | $2,178 +1.7% | $122,100 +4.4% |
| 2012 | $2,141 -7.7% | $117,000 -13% |
| 2011 | $2,319 -8.2% | $134,500 -21.9% |
| 2010 | $2,526 -0.8% | $172,200 -4.9% |
| 2009 | $2,546 -8.5% | $181,100 -6.6% |
| 2008 | $2,784 +10% | $194,000 +4.1% |
| 2007 | $2,531 +5% | $186,400 +9.5% |
| 2006 | $2,411 +9.6% | $170,300 +7.9% |
| 2005 | $2,200 +15.5% | $157,800 +15% |
| 2004 | $1,905 +8.5% | $137,200 +12% |
| 2003 | $1,756 +5.8% | $122,500 +10% |
| 2002 | $1,660 -5.8% | $111,400 +8.5% |
| 2001 | $1,763 | $102,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 55330
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