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322 5th Avenue E
Alexandria MN 56308 US

$219,900

Active Listing ID 7060763
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7 bed
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Lot: 0.23 Acres
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Other

$219,900

Active Listing ID 7060763
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322 5th Avenue E 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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Property Features

  • Facts
  • Lot Size: 0.23 Acres
  • Property Type: Other
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Vinyl
  • Heating Fuels: Forced Air

Property

  • propertytype: Other
  • propertysubtype: Other
  • listprice: 219900
  • unparsedaddress: 322 5th Avenue E
  • postalcity: Alexandria
  • stateorprovince: MN
  • country: US
  • postalcode: 56308
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.234
  • lotsizeunits: Acres
  • lotsizearea: 0.234
  • livingarea: 2880
  • livingareaunits: Square Feet
  • latitude: 45.886898
  • longitude: -95.373484
  • listagentfullname: Kristine Telkamp
  • listagentemail: kristelkamprealty@outlook.com
  • listagentkey: 3yd-RMLSMN-500000484
  • listagentmlsid: 500000484
  • listagentpreferredphone: 3208080162
  • listagentofficephone: 3207621111
  • listofficekey: 3yd-RMLSMN-29292
  • listofficemlsid: 29292
  • disclaimer: 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.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1900
  • listingcontractdate: 2026-04-23
  • listagenturl: https://www.counselorrealtyalex.com
  • countyorparish: Douglas-MN
  • parcelnumber: 631200000
  • constructionmaterials: Brick, Frame
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Garage, Garage - Detached
  • waterfrontyn: False
  • exteriorfeatures: Vinyl
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -95.37348, 45.886898
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Counselor Realty Inc of Alexandria", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"kristelkamprealty@outlook.com", "ListBrokerageCity":"Alexandria", "ListBrokerageCountry":"US", "ListBrokerageEmail":"heidischroeder4@yahoo.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Counselor Realty Inc of Alexandria", "ListBrokeragePhone":"(320) 762-1111", "ListBrokeragePostalCode":"56308", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"211 Broadway Street", "ListBrokerageWebsiteUrl":"https://www.counselorrealtyalex.com", "ListOfficeAddress1":"211 Broadway St", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Alexandria", "ListOfficeCountry":"US", "ListOfficeEmail":"heidischroeder4@yahoo.com", "ListOfficePostalCode":"56308", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family - Alexandria, MN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/322-5th-Ave-E_Alexandria_MN_56308_M80024-00879?f=listhub&s=RMLSMN&m=7060763&c=rexren", "MLSModificationTimestamp":"2026-04-28T05:10:12Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Multi-Family", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2849, "TaxDescription":null, "TaxYear":"2026"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/28/2026 12:03:11 PM GMT
Source Updated Date: 5/10/2026 6:40:17 PM GMT

Courtesy of: Kristine Telkamp, Counselor Realty Inc of Alex, kristelkamprealty@outlook.com

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.