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1 / 95
127 Park Avenue SW
Silver Lake, MN 55381
FOR
SALE
·
Active
$1,200,000
14
Beds
12
Baths
4
Garage
1984
Yr. Built
MLS# 7134909
Cumulative Days on Market: 35
· Includes prior listings
· Currently listed since 10/02/26 · Data provided by the MLS.
Property Description
Lakeside Manor Apartments in picturesque Silver Lake, MN is a 12 unit rental apartment community for adults aged 50 and older. This impeccably maintained lakefront property features 10 one bedroom and 2 two bedroom apartment homes, coin op laundry room, community room, public restroom, off-street parking, 4 car garage, additional outbuilding, 1.59 acre lot complete with a fantastic lakefront view!
Property Highlights
Property Type
Commercial Sale
Bedrooms
14
Total Bathrooms
12
Year Built
1984
Water Body Number
43003400
Lake Class
General Development
Cumulative Days on Market
35
Location
City/Township
Silver Lake
View
Lake
County
Mc Leod
Zoning Description
Residential-Multi-Family
Lake/Waterfront Information
Water Body Name
Silver
Lake Acres
500
Lake Depth
6
Water Front (feet)
256
Waterfront Features
Lake Front
Lake Chain
N
Lake Class
General Development
Water Body Number
43003400
Property Details
Price
$1,200,000
Property Type
Commercial Sale
Building
Levels
One
Community
Local Schools
School District
Glencoe-Silver Lake
Interior Features
Bedrooms and Bathrooms
Total Bathrooms
12
Bedrooms
14
Area and Spaces
Number of Units
12
Appliances
Appliances
Dryer, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned
Interior Features
Flooring
Carpet, Luxury Vinyl Plank, Vinyl
Accessibility Features
Doors 36"+, Grab Bars In Bathroom, Hallways 42"+, Door Lever Handles, No Stairs External, No Stairs Internal
Window Features
Screens, Double Pane Windows
Heating and Cooling
Heating Features
Boiler
Building Details
Construction
Year Built
1984
Foundations
Block
Materials
Construction Materials
Frame
Roof
Age Over 8 Years, Asphalt
Terms
Terms
Contingency
None
Inclusions
Building, Fixture/Equipment, Leases, Rental License
Rental Terms
Owner Pays
Gas, Grounds Care, Heat, Hot Water, Insurance, Repairs, Management, Sewer, Snow Removal, Taxes, Trash Collection, Water
Terms
Cumulative Days on Market
35
Taxes
Tax
Tax (Annual)
$11,578
Heating, Cooling & Utilities
Cooling Features
Wall Unit(s)
Utilities
Utilities
Electric Common, Electric Separate, Heating Common, Hot Water Common
Sewer
City Sewer/Connected
Water Source
City Water/Connected
Lot
Lot Size
1.59
Lot Dimensions
256 x 370
Lot Features
Accessible Shoreline, Tree Coverage - Medium
Road Frontage
City Street
Exterior Features
Exterior Features
Steel Siding
Parking
Garage Capacity
4
Parking Features
Detached Garage, Electric, Garage Door Opener, Parking Lot
Listed by White Companies, Inc, 320-587-4000
Listing Data last updated 11/05/2026 08:40 am
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Property History
3 days ago
Property information last updated
34 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 35 days (includes prior listings)
· Currently listed since October 2, 2026. Data provided by the MLS.
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Listed by White Companies, Inc, 