Affinity Real Estate in Park Rapids MN
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/
65
MLS 6823527
Commercial

$350,000

320 E 7th Avenue
Alexandria MN 56308

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!

Additional Details

Year Built: 1960
Acres: 0.57 Acres
Lot Dimensions: 170 x 150
Garage Spaces: 10
School District: 206
Subdivision: Anderson Heritage
County: Douglas
Taxes: $4,286
Taxes with Assessments: $4,286
Tax Year: 2025
CurrentUse: Other

Additional Features

Fuel: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected
Air Conditioning: Central Air

Listing Status

Active
2025-12-05 02:29:32 Date Listed
2025-12-05 02:29:32 Last Update
2025-12-05 02:29:32 Last Photo Update

Listed by Central MN Realty LLC

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Affinity Real Estate Inc
600 Park Avenue South / PO Box 512
Park Rapids, MN 56470

218-237-3333

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216.73.216.36

Affinity Real Estate in Park Rapids MN
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