321 6th Avenue E, Alexandria, MN 56308

$235,000
Property Type: Multi-Family Bedrooms: 5 Baths: 3 Square Footage: 4,364 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $235,000 List Date: 6/24/2026 Last Modified: 6/26/2026

Overview

Description

Don’t miss this chance to own this triplex with a strong rental history in Alexandria. Alexandria continues to keep growing and with that there is high demand for rentals. Whether you're looking to expand your portfolio or live in one unit while the others help cover your mortgage, this property offers great flexibility. The main floor features a VERY spacious 2-bedroom unit, along with an additional 1-bedroom unit. Upstairs, you’ll find another 2-bedroom unit. Shared coin-operated laundry is conveniently located in the basement. A detached double garage provides ample parking or extra storage. Located near parks, downtown, and everyday amenities—this property combines convenience with great income potential! 24 hour notice , 48 hour notice preferred.

Listing Details MLS# 7098633

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1900
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
2004
Above Ground SqFt
2564
Below Grd Total SqFt
1800
Total SqFt
4364
Foundation Size
1800
Style
(MF) Triplex
Total Finished Sqft
2564.00
Garage Stalls
2
Lot Dimensions
70x90
Acres
0.14
Assessment Pending
No

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned Basement: Unfinished Construction Materials: Frame Construction Status: Previously Owned Exterior: Steel Siding Foundation: Poured Concrete Fuel: Natural Gas Heating: Forced Air Laundry: Common Area Owner Pays: Lawn; Maintenance/Repair; Sewer; Snow Removal; Trash Collection; Water Rental License Type: Standard Road Frontage: City Street Sewer: City Sewer/Connected Stories: One and One Half Tenant Pays: Electricity Unit 1 Appliances: Range; Refrigerator Unit 2 Appliances: Range; Refrigerator Unit 3 Appliances: Range; Refrigerator Water: City Water/Connected

Contract Information

Contingency
Inspection
Original List Price
235000
ListPrice
235000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
321
Street Name
6th
Street Suffix
Avenue
Street Direction Suffix
E
Postal City
Alexandria
County
Douglas
State
MN
Zip Code
56308
Complex/Dev/Subdivision
Original Alexandria

Assessments

Tax With Assessments
2258
Assessment Balance
0

Basement

Foundation Dimensions
40x45
Unfinished
Yes

More Information

Building Information

Finished SqFt Above Ground
2564

Income and Expenses

Annual Fuel Expense
3600
Annual Gross Expenses
6900
Annual Gross Income
40068
Annual Insurance Expense
1500
Annual Water/Sewer Expense
900
Total Annual Expenses
6900
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
24x18
Garage Door Height
7
Garage Square Feet
431

Public Survey Info

Range#
37
Section#
19
Township#
128

Unit 1

Furnished?
No
Leased?
No
Unit Number
Yes
Annual Rent
15000
Finished SqFt
1443
Full Baths
Yes
Monthly Rent
1250
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit 2

Furnished?
No
Lease Expiration Date
2027-05-31
Leased?
Yes
Unit Number
2
Annual Rent
14268
Finished SqFt
560
Full Baths
Yes
Monthly Rent
1189
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit 3

Furnished?
No
Lease Expiration Date
2027-04-30
Leased?
Yes
Unit Number
3
Annual Rent
10800
Finished SqFt
561
Full Baths
Yes
Monthly Rent
900
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
4

Unit Details

Total Units
3

Office/Member Info

Association
GAAAR

Location, Tax and Other Information

Legal Description
SEC-19 TWP-128 RANG-37 ORIGINAL ALEXANDRIA E 70' OF: LOT 7 & S 1/2(30') OF LOT 8 BLK 107
Listing City
Alexandria
Map Page
999
Municipality
Alexandria
School District
Alexandria
School District Phone
320-762-2141
Zip Plus 4
4702
Property ID Number
631196000
Tax Year
2025
Tax Amount
2258
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Don’t miss this chance to own this triplex with a strong rental history in Alexandria. Alexandria continues to keep growing and with that there is high demand for rentals. Whether you're looking to expand your portfolio or live in one unit while the others help cover your mortgage, this property offers great flexibility. The main floor features a VERY spacious 2-bedroom unit, along with an additional 1-bedroom unit. Upstairs, you’ll find another 2-bedroom unit. Shared coin-operated laundry is conveniently located in the basement. A detached double garage provides ample parking or extra storage. Located near parks, downtown, and everyday amenities—this property combines convenience with great income potential! 24 hour notice , 48 hour notice preferred.
Directions
Go north on Broadway, take a right on 6th ave E. Property will be on the left

Accessible

None
Yes

Amenities Shared

Coin-op Laundry Owned
Yes

Construction Materials

Frame
Yes

Construction Status

Previously Owned
Yes

Exterior

Steel Siding
Yes

Foundation

Poured Concrete
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Laundry

Common Area
Yes

Owner Pays

Lawn
Yes
Maintenance/Repair
Yes
Sewer
Yes
Snow Removal
Yes
Trash Collection
Yes
Water
Yes

Rental License Type

Standard
Yes

Road Frontage

City Street
Yes

Sewer

City Sewer/Connected
Yes

Stories

One and One Half
Yes

Water

City Water/Connected
Yes

No. of Ranges

Three
Yes

No. of Refrigerators

Three
Yes

Tenant Pays

Electricity
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 3 Appliances

Range
Yes
Refrigerator
Yes
IDX
Listing Office: Central MN Realty LLC
Last Updated: June - 26 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.