3-Unit Triplex with Detached
New
For Sale
$220,000
1202 Elm Street, Alexandria, MN 56308
Residential Income, Alexandria, MN
Property Size2,168 SF
Lot Size0.33 Acres
Price / SF$101.48
Days on Market3
Property Features for 1202 Elm Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning description
Residential-Multi-Family
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 1, Bathroom 3, Bedroom 4, Bedroom 3, Basement, Bathroom 2, Laundry Room, Bedroom 5, Bathroom 1
Parking features
Driveway, Garage - Detached
Patio and Porch features
Porch, Deck
Subdivision
Hicks 3rd Add
Lot features
Corner Lot, Tree Coverage - Medium
High school district
Alexandria
Directions
heading south on Broadway turn right onto 12th street, property is on the left at the corner of 12th and Elm.
Standard status
Active
APN
631847000
Size
2,168 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
2768
Utilities
Heating system
Forced Air
Building Details
Year built
1900
Building materials
Block
Listing Agency:
Central MN Realty LLC
(320) 363-4363
Listed By:
Sammi Lindemann
(320) 420-1295
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 11 at 5:06AM
MLS# 7157891
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3-unit rental property contains 2,168 square feet and was built in 1900. The exterior is described as being in good condition; interior updates are anticipated, including flooring work and possible plumbing repairs. The building has block construction and forced-air heat, with a porch and deck. A detached 2-stall garage and driveway provide additional on-site features.
The property at 1202 Elm Street sits on a 0.326-acre corner lot in Alexandria, Minnesota. The original interior staircase remains, while doorways currently separate the rental units. A return to single-family use may be explored, subject to applicable requirements.
The property at 1202 Elm Street sits on a 0.326-acre corner lot in Alexandria, Minnesota. The original interior staircase remains, while doorways currently separate the rental units. A return to single-family use may be explored, subject to applicable requirements.
Key Highlights
- Three existing rental units in a 2,168‑square‑foot building
- Detached 2‑stall garage; garage is not currently rented
- 0.326‑acre corner lot at 1202 Elm Street, Alexandria, MN 56308
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,059
Businesses Nearby
Explore this area
Business Placement
Demographics for 56308, MN
26,391
Population
14,350
Households
1.8
Avg Household Size
44
Median Age
33%
College-Educated
96%
High-School Grad
155.9 sq mi
ZIP Area
169
Density / Sq Mi
$76,831
Median Household Income
$43,999
Median Earnings
$921
Median Rent
$307,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - The corner-lot property includes a detached garage, porch, and deck.
Where is this triplex located?
The property is located at 1202 Elm Street Alexandria, MN.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Three existing rental units in a 2,168‑square‑foot building; Detached 2‑stall garage; garage is not currently rented; 0.326‑acre corner lot at 1202 Elm Street, Alexandria, MN 56308
