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320 7th Avenue E
Alexandria MN 56308 US

$350,000

Active Listing ID 6823527
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Lot: 0.57 Acres
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Other

$350,000

Active Listing ID 6823527
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320 7th Avenue E Investment/Owner-Occupant Opportunity Property Highlights Total Units: 3 Total Bedrooms: 13 Total Bathrooms: 5+ Don't miss this exceptional investment property located in the heart of Alexandria, MN. With a combined 13 bedrooms, this triplex offers excellent rental income potential, especially catering to the high-demand student and local housing market. The unique configuration and abundant parking (a massive 12-stall garage plus off-street spots) make this property a true standout. Investors can explore additional income streams by getting creative with the expansive building footprint and unused portions of the building. Unit Breakdown This building features three spacious units, providing flexible rental options: Unit 1 (Standard): 3 Bedrooms / 1 Bathroom Unit 2 (High-Demand): 5 Large Bedrooms / 2 Full Bathrooms Unit 3 (High-Demand): 5 Large Bedrooms / 2 Full Bathrooms Location, location, location! Situated in a highly desirable area of Alexandria, tenants will enjoy unparalleled convenience. Just minutes away from Alexandria Technical & Community College (ATCC), making it an ideal choice for student rentals. City Center Access: Quick and easy access to the main attractions and employment centers of Alexandria Extra Space: Lots of extra space throughout the property provides incredible opportunities for upgrades, common area creation, or simply more tenant storage. This is more than just a multi-family unit—it's a massive income generator in a prime location. Schedule your showing today to explore the endless possibilities!

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Property Features

  • Facts
  • Lot Size: 0.57 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Exterior Finish: Brick/Stone, Wood
  • Heating Fuels: Forced Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 350000
  • unparsedaddress: 320 7th Avenue E
  • postalcity: Alexandria
  • stateorprovince: MN
  • country: US
  • postalcode: 56308
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.57
  • lotsizeunits: Acres
  • lotsizearea: 0.57
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 45.884407
  • longitude: -95.373514
  • listagentfullname: Lance Bailey
  • listagentemail: lance@centralmnrealty.com
  • listagentkey: 3yd-RMLSMN-500000666
  • listagentmlsid: 500000666
  • listagentpreferredphone: 3207607325
  • listagentofficephone: 3203634363
  • listofficekey: 3yd-RMLSMN-29302
  • listofficemlsid: 29302
  • disclaimer: Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1960
  • listingcontractdate: 2025-12-02
  • listagenturl: https://www.centralmnrealty.com/
  • countyorparish: Douglas-MN
  • parcelnumber: 631171025
  • cooling: Central Air
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Driveway, Garage, Garage - Attached, Tandem
  • waterfrontyn: False
  • exteriorfeatures: Brick/Stone, Wood
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -95.37351, 45.884407
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Central MN Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"lance@centralmnrealty.com", "ListBrokerageCity":"Saint Cloud", "ListBrokerageCountry":"US", "ListBrokerageEmail":"matt@centralmnrealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Central MN Realty", "ListBrokeragePhone":"(320) 420-1295", "ListBrokeragePostalCode":"56301", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":"Suite #200", "ListBrokerageUnparsedAddress":"80 37th Ave S", "ListBrokerageWebsiteUrl":"https://www.centralmnrealty.com/", "ListOfficeAddress1":"80 37th Ave S STE 200", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"St. Cloud", "ListOfficeCountry":"US", "ListOfficeEmail":"matt@centralmnrealty.com", "ListOfficePostalCode":"56301", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - Alexandria, MN", "ListingURL":"https://listings.listhub.net/pages/RMLSMN/6823527/?channel=rexren", "MLSModificationTimestamp":"2025-12-09T11:22:02Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4286, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/15/2025 12:02:26 PM GMT
Source Updated Date: 12/17/2025 6:45:25 PM GMT

Courtesy of: Lance Bailey, Central MN Realty LLC, lance@centralmnrealty.com

Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.