For Sale: Alexandria MLS# 7060763
Active
NEW!
$219,900
Multi-family: Duplex Up and Down
7 br • 3 ba • Built 1900
2,880 sqft • 0.234 acres
Alexandria schools
MLS# 7060763
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$219,900
Price per sq ft:
$76
Property Type:
Multi-family
City:
Alexandria
Garage Spaces:
3
County:
Douglas
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
56308
Subdivision Name:
Original Alexandria
Interior
Bedrooms:
7
Bathrooms:
3
Finished Area:
2,880 ft2
Living Area:
2,880 ft2
Basement Details:
- Partial
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
3
Garage Size:
809 ft2
Foundation Size:
1,440 ft2
Fencing:
None
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Detached Garage
Shared Amenities:
Laundry
Exterior Material:
- Brick
- Frame
Rooms
Laundry:
- Common Area
- Main Level
Lot & Land
Acres:
0.234
Geolocation:
45.886898, -95.373484
Lot Dimensions:
150 x 68 x 150 x 68
Schools
School District:
206
District Phone:
3207622141
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1
Annual Fuel Expense:
$1
Annual Insurance Expense:
$1,500
Annual Maintenance Expense:
$1
Annual Trash Expense:
$1
Annual Water/Sewer Expense:
$1
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$2,849
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$2,988
Income
Annual Gross Income:
$29,400
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Counselor Realty Inc of Alex.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.