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$219,900 Just Listed

  • For Sale
  • Active
  • Duplex
  • 7 Beds
  • 3 Total Baths
  • 2,880 Sq. Ft.
  • 3 Car Garage
  • Updated 16 hours ago
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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.

Full Property Details for 322 5th Ave E

General

  • Price: $219,900
  • Taxes: $2,849 (2026)
  • Status: Active
  • Type: Duplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7060763
  • Updated: 4/25/2026
  • Added to Site: 2 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 7

Other Rooms

  • Laundry: Common Area, Main Level, Common Area, Main Level

Additional Information

  • Shared Amenities: Laundry

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Parking Features: Detached Garage

Location

  • County: Douglas
  • Township: Alexandria
  • Subdivision: Original Alexandria
  • Driving Directions: East on 5th Ave to sign on right.

School Information

  • School District: 206 - Alexandria
  • High School District: Alexandria

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Exterior Const.: Brick, Frame
  • Basement: Yes
  • Basement Desc.: Partial, Unfinished
  • Foundation Size: 1440
  • Disability Access: None
  • Square Feet: 2,880
  • Above Ground: 2,880 Sq. Ft.
  • Below Ground: 1,440 Sq. Ft.
  • Finished Down/Base.: 4,320 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.234
  • Lot Dimensions: 150 x 68 x 150 x 68

Financial Considerations

  • Operating Expenses: $1
  • Tax Amount: $2,849
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: SEC-19 TWP-128 RANG-37 ORIGINAL ALEXANDRIA LOT 12 & N 8' OF LOT 11 BLK 107
  • Property ID: 631200000

Listed by Counselor Realty Inc of Alex

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Listing agents

— 322 5th Ave E —

  • Counselor Realty Inc of Alex

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 322 5th Ave E

School District:Alexandria Public School District
NameGradesDistance
Voyager Elementary School
203 Voyager Drive, Alexandria, MN 56308
K-61.6 mi
Discovery Junior High School
510 North Mc Kay Avenue Northeast, Alexandria, MN 56308
7-91.1 mi
Alexandria Area High School
4300 Pioneer Road Southeast, Alexandria, MN 56308
10-122.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 322 5th Ave E Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/23/2026
Listed
$219,900
131.47%
MLS
6/13/2008
Sold
$95,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 322 5th Ave E

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,826
1%
$243,900
10%
2023
$2,788
4%
$222,500
7%
2023
$2,668
4%
$207,700
10%
2022
$2,566
4%
$188,400
12%
2021
$2,474
1%
$168,100
6%
2018
$2,454
5%
$159,200
4%
2019
$2,348
26%
$152,800
3%
2018
$1,858
6%
$148,100
25%
2017
$1,756
-2%
$118,400
6%
2016
$1,796
—
$111,647
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Counselor Realty Inc of Alex

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322 5th Avenue E, Alexandria, MN 56308 (MLS# 7060763) is a Duplex property with 7 bedrooms and 0 full bathrooms. 322 5th Avenue E is currently listed for $219,900 and was received on April 23, 2026. Want to learn more about 322 5th Avenue E? Do you have questions about finding other Duplex real estate for sale in Alexandria? You can browse all Alexandria real estate or contact a Coldwell Banker agent to request more information.

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