Back 321 6th Avenue East
Off Market

321 6th Avenue East

Alexandria MN 56308

5
3
2
4364 sq. ft.
0.14 ac.
Duplex
Last sold for $235,000
Saige GlaserSaige Glaser, last sold this property on 26 August 2026 after 438 days on market.

Overview

Don’t miss this opportunity to own a triplex with a strong rental history in Alexandria. Based on the current rental income and purchase price, this property is currently performing at approximately 1.4%, surpassing the commonly used 1% rule—an increasingly difficult investment benchmark to find. With established rental income already in place, a new owner can begin cash flowing right away. As Alexandria continues to grow, rental demand remains strong. Whether you’re looking to expand your investment portfolio or live in one unit while the other two help offset your mortgage, this property offers excellent flexibility and income potential. The main floor features a spacious 2-bedroom unit along with an additional 1-bedroom unit. Upstairs, you’ll find another 2-bedroom unit. Shared coin-operated laundry is conveniently located in the basement, and the detached double garage offers additional parking, storage, or potential rental income. Conveniently located near downtown, parks, and everyday amenities, this is a great opportunity for both investors and owner-occupants. A minimum of 24-hour notice is required for showings; 48-hour notice is preferred.

Features

5 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
4364 sq. ft. floor area
0.14 ac. lot size
Duplex

Estimated Value

We need at least 3 similar 5 bedroom duplexes sold in Alexandria over the last 12 months.

Property history for 321 6th Avenue East

2026
Sold
$235,000
26 Aug 2026 by Saige Glaser, of Central MN Realty
2011
Sold
$83,750
29 Jul 2011 by Eloise Cavers, of Century 21 First Realty, Inc.

Happy sellers in Alexandria

80%
80% of sellers in Alexandria reported that their sale price either exceeded or met their price expectations.

Alexandria stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Alexandria over the last 12 months.

Local market activity for 5 bedroom duplexes in Alexandria

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