320 7th Ave E Alexandria, MN 56308

Price
$350,000
Listed On
Type
For Sale
Status
Active
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
320 7th Ave E, Alexandria, MN 56308
Asking  $350,000

Snapshot

Type
For Sale
Category
Purchase
Property Type
Commercial Sale
Property Subtype
Other
MLS Number
6823527
Parcel Number
631171025
Property Sqft
Lot Size
0.57 acres
Year Built
1960
Year Updated
Bedrooms
0
Bathrooms
0
Full Bathrooms
0
3/4 Bathrooms
0
Half Bathrooms
0
Quarter Bathrooms
0
Lot Size (in sqft)
24,829.2
Price Low
-
Room Count
-
Building Unit Count
-
Condo Floor Number
-
Number of Buildings
-
Number of Floors
0
Parking Spaces
0
Location Directions
From State Hwy 29 N in Alexandria go east on 7th Ave E for 2 1/2 blocks. Property on the South side of 7th Ave E
Legal Description
SEC-19 TWP-128 RANG-37 LOT-001 BLK-002 ANDERSON HERITAGE AC .57 (ACCESS EASEMENT OVER PT FOR THE BENEFIT OF 63-1171-050)
Subdivision Name
Anderson Heritage
Special Listing Conditions
Auction
Auction
Bankruptcy Property
Bankruptcy Property
HUD Owned
HUD Owned
In Foreclosure
In Foreclosure
Notice Of Default
Notice Of Default
Probate Listing
Probate Listing
Real Estate Owned
Real Estate Owned
Short Sale
Short Sale
Third Party Approval
Third Party Approval

Description

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!

More Details

MLS Name
Regional Multiple Listing Service of Minnesota [NorthStarMLS]
Source
ListHub
MLS Number
6823527
MLS ID
RMLSMN
Virtual Tour
PARTICIPANT
Name
Lance Bailey
Primary Phone
(320) 760-7325
Key
3YD-RMLSMN-500000666
Email
lance@centralmnrealty.com
BROKER
Name
Central MN Realty
Phone
(320) 420-1295
OFFICE
Name
Central MN Realty LLC
Phone
(320) 363-4363
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.

Features

Basement
Basement
Dock
Dock
Elevator
Elevator
Fireplace
Fireplace
Greenhouse
Greenhouse
Hot Tub Spa
Hot Tub Spa
New Construction
New Construction
Pool
Pool
Sauna
Sauna
Sports Court
Sports Court
Waterfront
Waterfront
Architectural Style
Other
Other
Cooling
Central Air
Central Air
Exterior
Brick/Stone
Brick/Stone
Wood
Wood
Heating
Forced Air
Forced Air
Parking
Driveway
Driveway
Garage
Garage
Garage - Attached
Garage - Attached
Tandem
Tandem

History

DateEventPrice$/SqftSource
Listed For Sale$350,000 $∞Central MN Realty LLC
Report issue with price history

Taxes

YearAnnual AmountDescription
2025$4,286

Nearby Schools

Elementary School

Washington Elementary

0.2 miles awayKG - 06

Learning Center

Runestone Area Learning Center

0.3 miles away09 - 12

Middle School

Runestone Middle Alc (Alex)

0.3 miles away07 - 08
Show more
Get more info on 320 7th Ave E, Alexandria, MN 56308
Profile
Lance Bailey
Listing Agent
(320) 760-7325
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Lance Bailey
Listing Agent
(320) 760-7325
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.