Elk River Homes under $400,000

Welcome to Elk River, Minnesota—a charming city that perfectly blends small-town warmth with the conveniences of modern living. Nestled along the scenic banks of the Mississippi River, Elk River is renowned for its beautiful parks, vibrant community spirit, and a wealth of recreational opportunities. With its picturesque landscapes and friendly neighborhoods, it’s no wonder that families and young professionals alike are drawn to this delightful area.

Elk River boasts an impressive array of amenities, including top-rated schools, local shops, and diverse dining options that cater to every palate. Whether you're exploring the trails of the Elk River Regional Park or enjoying a leisurely day at the local farmers' market, there’s always something to do in this lively community. The city’s commitment to preserving its natural beauty and fostering a strong sense of community makes it an ideal place to call home.

For those seeking affordable housing options, Elk River offers a selection of charming homes under $400,000. From cozy single-family residences to modern townhomes, there’s something for everyone. These homes not only provide excellent value but also allow you to enjoy the perks of living in a thriving community. With its affordable real estate market, Elk River is a fantastic choice for first-time buyers, growing families, or anyone looking to invest in a welcoming environment.

Discover the charm of Elk River, where you can find your dream home without breaking the bank. Experience the perfect blend of comfort, community, and convenience right here in this beautiful Minnesota city!

Newest Elk River Homes under $400,000

$349,900

COMING SOON Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7159155 MLS ⋅ 1,408 SqFt.

Come check out this amazing townhouse! This one level townhouse has been renovated down-to-the-studs. Just about everything in this townhouse is new! There are no to dos lists! A partial list of everything new: Brand new kitchen cabinets, counter tops and appliances. All new flooring throughout, new windows with lifetime warranty, two completely new bathrooms with fixtures, tub/shower inserts, vanity and sinks. Entirely new sheetrock and insulation throughout, updated electrical, new furnace and AC. You're buying a brand new home without the new construction price. Enjoy the single level living!

19217 King Court NW, Elk River

Listing courtesy of Inspire Realty.

$374,900

ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7159092 MLS ⋅ 2,328 SqFt.

Welcome to easy living in this generously sized detached one-story townhome with a full finished basement. Freshly updated with all new paint and carpet throughout, this home feels clean, bright, and move-in ready from the moment you step inside. The living room features tall, vaulted ceilings and an open, welcoming layout ideal for relaxing or entertaining. The large kitchen is a cook’s delight, offering brand-new appliances, abundant counter space, and a convenient breakfast bar for casual meals or morning chats. Just off the kitchen, the sunroom invites you to unwind by the cozy gas fireplace, a perfect spot to enjoy a good book or a quiet evening. Step out onto the deck and start your mornings with a cup of coffee as the sun rises over the tranquil pond, a peaceful view you will never tire of. The main floor primary suite offers privacy and ease, complete with a full en-suite bathroom. Daily chores are simplified with the washer and dryer conveniently located on the main level, eliminating the need to carry laundry up and down stairs. Downstairs, the fully finished lower level offers a sprawling family room and a flexible den area, ideal for hosting game nights, hobbies, or simply spreading out. A large legal bedroom provides a comfortable retreat for visiting family and friends. Low-maintenance living, a brand-new roof, thoughtful design, and a beautiful setting make this home ready for you to enjoy the next chapter in comfort and style. Quick close possible!!

18667 Zane Street NW, Elk River

Listing courtesy of RE/MAX Advantage Plus.

$379,900

COMING SOON Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7126291 MLS ⋅ 1,444 SqFt.

Enjoy the best of both worlds with this well-maintained rambler situated on a spacious, fully fenced acre at the edge of town. You’ll appreciate the peaceful country setting while still being conveniently located close to everything you need. Step inside to find a fresh, clean feel throughout — the home has been freshly painted and is ready for its new owners! The main level offers comfortable living spaces, 3 bedrooms and 2 bathrooms, providing plenty of room for everyday living. A favorite feature is the screened-in porch with permanent decking — a wonderful spot to relax, enjoy morning coffee, entertain guests, or simply take in the views of your private acreage without worrying about the elements or insects. The basement adds even more potential! A designated bedroom area is already in place and just needs an egress window and a few finishing touches to create additional finished living space. There’s also another generous area that could be finished into a family room, home office, or whatever you need. If you’re looking for room to spread out, garden, enjoy the outdoors, and have the convenience of town just minutes away, this property offers a rare combination of space, flexibility and location!

18555 147th Street NW, Elk River

Listing courtesy of Keller Williams Realty Integrity Northwest.

$312,500

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7155127 MLS ⋅ 1,412 SqFt.

Welcome to Elk Run Village, a beautifully maintained 55+ community in Elk River offering comfortable, low-maintenance living in a welcoming neighborhood with an active clubhouse and well managed association. This move-in-ready townhome is located on a quiet cul-de-sac and is ideal for buyers looking for convenient one level living! Sellers can accommodate a quick close and are offering a one year home warranty to the buyer! The fresh paint throughout along with new carpet gives the home a clean, updated feel. Sellers just completed improvements to most of the windows and patio door that includes new glass and jambs along with new screens throughout. Abundant natural light fills the spacious open layout, highlighted by vaulted ceilings and large windows. The bright kitchen features a convenient center island and a smaller informal dining area, while the separate formal dining room provides plenty of space for holiday meals and larger gatherings. The spacious living room flows into a wonderful sunroom, which opens directly to the expansive patio that's perfect for relaxing, entertaining, or enjoying the outdoors. The primary BR suite offers a walk-in closet and private full bath. A second BR is conveniently located near the 3/4 guest bathroom. You'll appreciate the large laundry area along with its generous storage closets and let's not forget about the roomy 25 ft deep 2 car garage which can accommodate a work bench or even that extra fridge or freezer! Residents of Elk Run Village also enjoy access to a welcoming community clubhouse/room, perfect for neighborhood gatherings and activities. Secure community mailboxes are conveniently located in the same area. Ideally located in the heart of Elk River, this townhome is close to shopping, restaurants, everyday conveniences, and easy highway access. If you're searching for a move-in-ready 55+ townhome in Elk River with spacious living areas and low-maintenance living, be sure to see this one!

19107 Jackson Court NW, Elk River

Listing courtesy of Edina Realty, Inc..

$345,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7153155 MLS ⋅ 2,307 SqFt.

Welcome home to this beautifully maintained split level home featuring an inviting open floor plan, tasteful updates, and abundant natural light throughout. Vaulted ceilings create a bright, welcoming atmosphere in the main living area, which flows seamlessly into the dining space and well appointed kitchen. The kitchen offers generous cabinet storage, ample counter space, a tiled backsplash, and updated stainless-steel appliances. Three bedrooms are conveniently located on the upper level, along with a ¾ accessible bathroom featuring a tiled walk-in shower. Accessibility is thoughtfully incorporated throughout the home with an elevator/lift providing easy access to the upper level. The walkout lower level expands the living space with a spacious family room offering plenty of room for relaxing, entertaining, or creating a flexible gathering space. Outside, enjoy the convenience of a fully fenced yard. With its functional layout, modern touches, abundant natural light, accessible features, and versatile living spaces, this home offers comfort and convenience both inside and out.

18011 Johnson Street NW, Elk River

Listing courtesy of Kris Lindahl Real Estate.

$243,500

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7153364 MLS ⋅ 1,422 SqFt.

Don’t miss this opportunity to own an impeccably maintained 2BR/2BA townhome in a prime Elk River location! This open floor plan is perfect for entertaining and features beautiful bamboo floors throughout the main level along with a cozy gas fireplace in the living room. The kitchen boasts a breakfast bar with a striking custom counter, a granite center island, and ample cabinet and countertop space. A convenient half bath is also located on the main level. Upstairs has versatile loft area, full bath, laundry, and two bedrooms, including the spacious primary bedroom with a walk-in closet. Enjoy the convenience of being within walking distance to a park, and pond. Additional highlights include an attached 2-car garage, asphalt driveway, and more!

17182 Nixon Court NW, Elk River

Listing courtesy of RE/MAX RESULTS.

$224,999

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7153198 MLS ⋅ 1,507 SqFt.

This unit is a blank canvas located in the highly regarded Elk River school district. Located near shopping along with easy highway access. Two large bedrooms and bathrooms, lots of storage, open kitchen, and walk out basement make this a great unit to make your own. Estate is aware the carpet needs to be replaced and will work with buyer. Open floorplan brings in good daylight. Easy to show and quick closing available.

8330 Parkview Avenue NE, Elk River

Listing courtesy of AA Realty.

$399,900

ACTIVE Status ⋅ 4 Beds ⋅ 3 Baths ⋅ 7150962 MLS ⋅ 2,425 SqFt.

**Ask about our 4.99% interest rate buy-down with preferred lender.** This beautiful two story slab home welcomes you with an oversized front porch area which continues into the large foyer area. The main floor features an open design with luxury vinyl plank flooring throughout the entire main level. A beautiful fireplace adds just the right ambience for cozy evenings and the sleek quartz countertops, spacious island with seating, walk in pantry, cheerful white cabinetry and stainless steel appliances make everyday tasks more enjoyable. Enjoy entertaining and grilling on the large cement patio that walks out from the dining room. The loft upstairs is equally perfect as an office, a playroom, or an extra hangout area and includes an extra nook with a built in desk top that would work great as a homework station. The owner’s suite is a great retreat and the upstairs laundry room nearby is very convenient. The upstairs includes 3 more bedrooms and a bathroom. This home is truly an incredible value and even includes sod and irrigation.

16586 Ulysses Street NW, Elk River

Listing courtesy of Capstone Realty, LLC.

$379,900

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7149572 MLS ⋅ 1,967 SqFt.

Completely remodeled and move-in ready! This stunning split-level home sits on a spacious .36-acre lot and features a welcoming entryway with a large landing and built-in bench. The upper level has vaulted ceilings, brand-new LVP flooring, and a gorgeous open-concept kitchen featuring a massive center island, dark wood soft-close cabinetry, and all-new stainless steel appliances. Step through the sliding doors onto your huge brand-new deck overlooking the fully fenced backyard! The fully finished lower level offers a spacious family room, additional bedroom, and walkout access to the backyard patio. The beautifully remodeled lower-level bathroom features a large tiled shower and double vanity. Outside, enjoy the oversized, heated and insulated 3-car garage! Major updates include a brand-new roof (August 2026) and approximately 50% new windows. With modern finishes, plenty of room to entertain, and a fantastic backyard, this home has it all!

18214 Ironton Street NW, Elk River

Listing courtesy of Epique Realty.

$399,000

ACTIVE Status ⋅ 5 Beds ⋅ 4 Baths ⋅ 7148831 MLS ⋅ 2,875 SqFt.

Welcome to this spacious home in the desirable Trott Brook Farms South neighborhood! Offering 5 bedrooms, 4 bathrooms, a finished basement with a family room, a den/flex room, a second kitchen and plenty of space to spread out. The walk out lower level could serve as a seperate in-law unit! Enjoy morning coffee on the front porch and evenings on the deck overlooking the fenced backyard. The 3-car garage provides space for vehicles, storage and hobbies. Conveniently located near Hwy 101 and Hwy 10, shopping, schools, restaurants, parks and trails. This home is ready for you to move right in!

17872 Tyler Street NW, Elk River

Listing courtesy of BRIX Real Estate.

$375,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7146583 MLS ⋅ 2,056 SqFt.

Welcome home! This beautifully updated property is truly move-in ready, featuring a newer roof, siding, kitchen, appliances, flooring, paint, and more. The thoughtfully designed floor plan offers three spacious bedrooms on one level, including two bedrooms with walk-in closets and a third bedroom with two generous closets for exceptional storage. The updated kitchen is perfect for everyday living and entertaining, featuring a Bosch double oven and 5-burner gas cooktop. Enjoy the private backyard with mature trees, a fully fenced back yard, and a large deck and patio ideal for relaxing or hosting guests. The lower level provides even more potential with a spacious rec room, bathroom rough-in, and an egress window, offering an excellent opportunity to add additional finished living space and build equity. Additional highlights include a covered front porch, a desirable 3-car garage, and a convenient location close to schools, shopping, restaurants, and easy access to Highway 169! Start your dream of homeownership here!

11046 196th Lane NW, Elk River

Listing courtesy of National Realty Guild.

$365,000

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7126381 MLS ⋅ 1,778 SqFt.

Fresh updated feel + room for everyone! This beautiful home features an updated kitchen with granite countertops and stainless steel appliances. Three bedrooms on one level + a 4th bedroom with egress. The flexible floor plan also offers a spacious family room with daylight windows, remodeled 3/4 bath, living room, office, and laundry. Enjoy the spacious backyard, deck, and shed, too!

18828 146th Street NW, Elk River

Listing courtesy of Edina Realty, Inc..

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