SoldAug 5, 2026

Listed by Bridget Hayen Telkamp from Counselor Realty Inc of Alex

Source: Regional MLS of Minnesota #7060763

322 5th Ave E, Alexandria, MN, 56308

$215,900

7
3
3
4320 sq. ft.
0.23 ac.

Duplex

30+ days on the market

Sold: Aug 5, 2026

What's around 322 5th Ave E

About this property

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.

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Listing courtesy of Counselor Realty Inc of Alex and Central MN Realty

Browse properties sold in nearby areas

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