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    Leased Duplex with Corner Lot Title is generated by Realmo AI

    322 5th Avenue E, Alexandria, MN 56308

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    For Sale
    $219,900

    MULTI_FAMILY - Alexandria, MN

    Property size:
    2,880 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $76/SF
    Added:
    Apr 23, 2026
    Days on Market:
    69
    Last Refresh:
    Jun 30 at 8:06 am

    Property Features for 322 5th Avenue E

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    7
    Bathrooms
    3
    Rooms
    Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 2, Basement, Bedroom 5, Bedroom 4, Bedroom 7, Bathroom 2, Bedroom 6, Bathroom 1
    Parking features
    Garage - Detached
    Exterior features
    Vinyl
    Standard status
    Active
    APN
    631200000
    Size
    2,880 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    2849

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1900
    Building materials
    Brick, Frame

    We can help!

    Contact an agent
    Kristine Telkamp

    Listing agent Kristine Telkamp

    Listing office Counselor Realty Inc of Alex 211 Broadway St, Alexandria, MN

    Listing date Apr 23, 2026

    MLS# 7060763 Listing URL

    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.

    HighLights

    • Duplex with both units fully leased—upper unit $1,200/mo and main floor unit $1,250/mo for $29,400 annual rent total
    • Each unit offers approximately 1,440 sq. ft. of living space with functional layouts for long‑term tenants
    • Large corner lot with a detached 3‑car garage plus shared laundry in the rear entry
    • New roof in 2024 with vinyl siding (exterior) and brick/frame construction materials
    • Heating includes forced air furnaces described as updated, with newer windows noted

    Overview

    This duplex investment property at 322 5th Avenue E in Alexandria offers two separate, fully leased units. Each unit provides approximately 1,440 square feet with functional layouts designed for long-term renters. The home features vinyl siding, newer windows, and updated furnaces, with a new roof installed in 2024. Shared laundry is located at the rear entry, and the property includes a 3-car garage.

    Set on a large corner lot, the property’s rear-entry laundry access and enclosed parking support day-to-day convenience for tenants. The current tenant occupancy is fully in place, with both units generating monthly rent of $1,200 for the upper unit and $1,250 for the main floor unit, totaling $29,400 annually. The owner currently pays utilities.

    For buyers or investors looking for a duplex with immediate occupancy, this property provides an income-producing setup with maintenance-forward improvements including the 2024 roof and updated mechanicals. While the interior may benefit from some cosmetic updates, the overall configuration and existing leasing support a practical, hands-on approach to stabilizing and improving the asset over time.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center 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
    -95.373484
    Latitude
    45.886898

    FAQs

    What type of property is this?
    Duplex - Two fully leased units on a corner lot with a 3-car garage, recent roof, updated windows, and shared rear laundry.
    Where is this duplex located?
    The property is located at 322 5th Avenue E Alexandria, MN.
    What is the asking price?
    The asking price for this property is $219,900.
    What are key features of this property?
    This property features: Duplex with both units fully leased—upper unit $1,200/mo and main floor unit $1,250/mo for $29,400 annual rent total; Each unit offers approximately 1,440 sq. ft. of living space with functional layouts for long‑term tenants; Large corner lot with a detached 3‑car garage plus shared laundry in the rear entry
    More about this property
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