121 1st Street W Maple Lake, MN $ 329,900
121 1st Street W
$ 329,900
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121 1st Street W

Maple Lake, MN, 55358
$ 329,900
Bedrooms3 Baths3.0 Sq 2,322

Monthly Estimate*

$ 2,279

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Multi-Family Home for sale in Maple Lake, MN

for $329,900 with 3 bedrooms and 3 full baths. This 2,322 square foot home was built in 1920 on a lot size of 0.068.

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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Multi-Family Active

Price

$ 329,900

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,960

Style

Triplex

Lot Size

0.068

Year Built

1920

Town/City

Maple Lake

County/Region

Wright

MLS | Web ID

7072871

Features
General
Living Area 2322
Sewer City Sewer/Connected
Heating Boiler
Roof Age 8 Years or Less Asphalt
Garage Spaces 0
Construction Materials Block Frame
Year Built 1920
Electric Circuit Breakers
Tenant Pays Electricity
Levels One and One Half
Property Subtype Triplex
Tax Year 2026
Gross Income 40830
Accessibility None
County Wright
Net Operating Income 30030
Operating Expense 10800
Insurance Expense 3100
New Construction N
Property Type Residential Income
Association Amenities Laundry Coin-op Laundry Owned
Contingency None
MaintenanceExpense 2100
Subdivision Name Original Maple Lake
Directions Heading west on hwy 55 take a left on Oak Ave at the light to a right on 1st St W property will be on your left.
City Maple Lake
High School District Maple Lake
Zoning Description Residential-Multi-Family
Number Of Units Total 3
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 3960
Electric Expense 0
Fuel Expense 2000
Trash Expense 0
Water Sewer Expense 3600
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Block Partially Finished Shared Access
Basement (Y/N) Y
Above Grade Finished Area 2322
Laundry Features In Basement Common Area
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 3
Foundation Dimensions 32x46
Fuel Electric Natural Gas
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Exterior
Fencing None
Parking Features Shared Driveway
Water Source City Water/Connected
Lot Size Area 0.068
Building Area Total 3794
Lot Dimensions 48x58x47x61
Waterfront Y/N N
Foundation Area 1472
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 121
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* Excluded Features
List By
Kg Realty

Broker

seschumann4@gmail.com

Email

Affordability Calculator

$2,609
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,279
Monthly Property Taxes
$330
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708286 Elementary School
709336 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/16/2026$329,900 -5.72% Price Down
8/24/2026$349,900 -4.14% Price Down
7/7/2026$365,000 -3.69% Price Down
6/9/2026$379,000 -5.01% Price Down
5/21/2026$399,000 Listed Price

Map


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121 1st Street W, Maple Lake, MN, 55358 is a Multi-Family Home for sale at $329,900 with 2,322 sqft and a lot size of 0.068. 121 1st Street W has 3 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 55358 which is in Maple Lake, MN