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Back 322 5th Ave E
Off Market

322 5th Ave E

Alexandria MN 56308

7
3
3
4320 sq. ft.
0.23 ac.
Duplex
Last sold for $215,900
Kristine TelkampKristine Telkamp, last sold this property on 05 August 2026 after 102 days on market.

Overview

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.

Features

7 bedrooms
3 bathrooms
3 carspaces
3 garage spaces
4320 sq. ft. floor area
0.23 ac. lot size
Duplex

Estimated Value

We need at least 3 similar 7 bedroom duplexes sold in Alexandria over the last 12 months.

Property history for 322 5th Ave E

2026
Sold
$215,900
05 Aug 2026 by Kristine Telkamp, of Counselor Realty Inc of Alex
2017
Sold
$159,900
31 Aug 2017 by Kelly Sander, of Counselor Realty Inc of Alex

Happy sellers in Alexandria

84%
84% 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 5 reviews in Alexandria over the last 12 months.

Local market activity for 7 bedroom duplexes in Alexandria

In the last 12 months, 1 seven-bedroom duplex similar to 322 5th Ave E, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Alexandria

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Kim Kettler

Sellers who recommend Kim Kettler have praised them for being clear communication, local expert, detail-oriented, supportive, dedicated, well-prepared, and responsive

  •   5   (32 reviews)
  •  5 Reviews in Alexandria
  •  7 Sales in Alexandria
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Paula J. Jackson

Paula J. Jackson is a recommended agent for Alexandria.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (4 reviews)
  •  2 Reviews in Alexandria
  •  3 Sales in Alexandria
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Julie L Rambow

Julie L Rambow is a recommended agent for Alexandria.  They have 15 local sales and collected 1 local review across the last 12 months.

  •   4.9   (7 reviews)
  •  1 Review in Alexandria
  •  15 Sales in Alexandria
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Stuart Wood

Stuart Wood is a recommended agent for Alexandria.  They have 40 local sales across the last 12 months.

  •  40 Sales in Alexandria
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