$1,100,000

Alexandria MN 56308

For sale: 14 unit apartment building right off County Road 82 in the desirable, growing city of Alexandria. Large, nearly acre lot with over 130ft of frontage. Expand the building for more income potential or sit back and enjoy the cashflow. Most of the units have been updated with only 1 left to bring up to speed. Heated 24x30 garage currently rented, full basement on the Southeast wing for easy access to mechanicals and or storage for tools, appliances etc... Alexandria is the perfect spot to start or expand your portfolio. With lots of infrastructure and employment opportunities, the city continues to lead a strong demand for housing. Most of the units being studio apartments, you'll find these easy to rent out and maintain. Reach out to view financials and see the competitive cap rate this property is offered at.

Additional Details

Year Built:	1950
Acres:	0.949 Acres
Lot Dimensions:	140x295x140x295
Garage Spaces:	2
School District:	1015
Subdivision:	Holes 2nd Add
County:	Douglas
Taxes:	$4,236
Taxes with Assessments:	$4,236
Tax Year:	2025

Additional Features

Basement: Block, Partial, Concrete, Storage Space, Unfinished
Fuel: Array
Sewer: City Sewer/Connected
Water: City Water/Connected
Air Conditioning: Window Unit(s)
Appliances: Dryer, Washer
Roof: Asphalt

Listing Status

Active
2026-02-25 08:34:45 Date Listed
2026-02-25 14:39:06 Last Update
2026-02-25 14:38:28 Last Photo Update
73 miles from our office

info@affinityrealestate.com

45:1

Listed By : Hetland Realty, LLC

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