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    320 7Th Ave E Alexandria, MN 56308

    New
    For Sale
    $350,000

    Commercial - Alexandria, MN

    Lot size:
    0.57 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 320 7Th Ave E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Other,Residential-Single Family
    APN
    631171025
    Parking features
    Driveway, Garage, Garage - Attached, Tandem
    Exterior features
    Brick/Stone, Wood
    Lot size
    0.57 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1960
    Architectural style
    Other

    Central MN Realty (320) 420-1295 [email protected]

    Listing agent Lance Bailey (320) 363-4363

    Listing date Dec 4, 2025

    MLS# 6823527 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Alexandria Triplex: Investment Opportunity

    This triplex, located in Alexandria, MN, presents an investment or owner-occupant opportunity. The property features a total of three units with a combined 13 bedrooms and more than five bathrooms. A 12-stall garage, along with additional off-street parking, provides ample parking space. The property is situated in a desirable area of Alexandria, offering convenient access to Alexandria Technical & Community College (ATCC) and the city center. Unit 1 is a standard unit with 3 bedrooms and 1 bathroom. Units 2 and 3 are high-demand units, each featuring 5 large bedrooms and 2 full bathrooms. The property offers opportunities for upgrades, common area creation, or additional tenant storage. The lot size is 0.57 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Douglas
    State
    Minnesota
    Longitude
    -95.373514
    Latitude
    45.884407

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    FAQs

    What type of property is this?
    Triplex - Triplex in Alexandria, MN with 13 bedrooms and ample parking.
    Where is this triplex located?
    The property is located at 320 7Th Ave E Alexandria, MN.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - High rental income potential due to 13 bedrooms and proximity to Alexandria Technical & Community College (ATCC).; - Three spacious units with flexible rental options, including two high-demand 5-bedroom units.; - Exceptional parking: a massive 12-stall garage plus additional off-street parking.
    (320) 363-4363
    Request Owner's contact information
    320 7Th Ave E Alexandria, MN 56308
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    Alexandria, MN 56308
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    320 7Th Ave E Alexandria, MN 56308
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