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New
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$219,900

For Sale

9 hours ago

322 5Th Ave E, Alexandria, MN

House

MLS® 7060763

7 Bed

3 Bath

2880 sqft

3 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2880 sqft
Garage Yes
Taxes $2,849
Days Active 0
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $76
MLS® Number 7060763

Property Address: 322 5th Ave E, Alexandria, MN, 56308-1415

Average square foot calculated using Size range provided by listing agent.

Description

Duplex investment opportunity in the heart of Alexandria! Situated on a large corner lot, this property includes a 3-car garage and solid income potential. Both units are fully leased, generating immediate cash flow—upper unit rents for $1, 200/month and the main floor unit for $1, 250/month, totaling $29, 400 annually. Each unit offers approximately 1, 440 sq. ft. of living space with functional layouts that appeal to long-term tenants. The property features vinyl siding, new roof in 2024, newer windows, and updated furnaces, along with shared laundry in the rear entry. While the property could benefit from some cosmetic updates, it presents a great opportunity for investors to build equity and increase rental income over time. Owner currently pays utilities.
MLS® Number7060763
Laundry LevelMain
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1900
BasementPartial, Unfinished
DrivewayDetached Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 25, 2026List Date
$219,900List Price
  • Commute

Commute

Starting Address
Destination Address
322 5Th Ave E, Alexandria, MN

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