# 1407 State Highway 29 N, Alexandria, MN 56308 > **TL;DR:** 9bd/4ba residential multi family, $250,000 ($47/sqft), built 1954, 5,304 sqft. Est. $1,337/mo. Listed 48 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $250,000 | | Price/sqft | $47 | | Bedrooms | 9 | | Bathrooms | 4 full | | Square Feet | 5,304 | | Year Built | 1954 | | Lot Size | 43,996 sqft (1.01 acres) | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 48 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,264 | | Estimated Insurance | $73 | | **Total** | **$1,337** | ## Property Highlights - Built in 1954 - 1.01 acre lot ## Description ### Agent Description A unique redevelopment opportunity with excellent visibility and potential! This property has operated as a 4-unit apartment building for many years with very little vacancy. The owners have vacated all tenants and completed the interior demolition in preparation for renovation, giving the next owner a blank slate to finish the project. The City of Alexandria has expressed interest in having this property become commercially zoned, offering potential for a variety of business uses. Complete the demolition and build your business here! City water has been stubbed to the property, with the assessment already paid. A private well with a newer pump currently serves the property. The large, beautiful yard features mature trees, excellent visibility and exposure along Hwy 29, and a scenic stream flowing through the property between Lakes Geneva and Le Homme Dieu. Bring your vision and make this highly visible property your next business or investment opportunity! All offers must include an "As Is" Addendum. ## Location - **Address:** 1407 State Highway 29 N, Alexandria, MN 56308 - **County:** Douglas - **Coordinates:** 45.904085, -95.355888 - **Google Maps:** https://www.google.com/maps?q=45.904085,-95.355888 ## Listing Agent - **Name:** Christopher B Sutton - **Brokerage:** First Realty, Inc. - **Broker Phone:** (320) 252-4908 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1407-State-Highway-29-N_Alexandria_MN_56308_M74395-36083?f=listhub&s=RMLSMN&m=7067521&c=propsimple) ## Photos ![1407 State Highway 29 N - Photo 1](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f3530402417r.jpg) ![1407 State Highway 29 N - Photo 2](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f827436906r.jpg) ![1407 State Highway 29 N - Photo 3](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f1008383527r.jpg) ![1407 State Highway 29 N - Photo 4](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f3018899707r.jpg) ![1407 State Highway 29 N - Photo 5](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f4037896898r.jpg) ![1407 State Highway 29 N - Photo 6](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f1375699928r.jpg) ![1407 State Highway 29 N - Photo 7](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f1789034817r.jpg) ![1407 State Highway 29 N - Photo 8](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f593348209r.jpg) ![1407 State Highway 29 N - Photo 9](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f3617136331r.jpg) ![1407 State Highway 29 N - Photo 10](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f2731488855r.jpg) ![1407 State Highway 29 N - Photo 11](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f3376931411r.jpg) ![1407 State Highway 29 N - Photo 12](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f1085792724r.jpg) ![1407 State Highway 29 N - Photo 13](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f370734486r.jpg) ![1407 State Highway 29 N - Photo 14](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f1776298972r.jpg) ![1407 State Highway 29 N - Photo 15](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f947484521r.jpg) ![1407 State Highway 29 N - Photo 16](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f2374937179r.jpg) ![1407 State Highway 29 N - Photo 17](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f2166003246r.jpg) ![1407 State Highway 29 N - Photo 18](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f209874783r.jpg) ![1407 State Highway 29 N - Photo 19](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f744720720r.jpg) ![1407 State Highway 29 N - Photo 20](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f3911679878r.jpg) ![1407 State Highway 29 N - Photo 21](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f2195100674r.jpg) ![1407 State Highway 29 N - Photo 22](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f2225079392r.jpg) ![1407 State Highway 29 N - Photo 23](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f2604531293r.jpg) ![1407 State Highway 29 N - Photo 24](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f3483374419r.jpg) ![1407 State Highway 29 N - Photo 25](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f4071548532r.jpg) ![1407 State Highway 29 N - Photo 26](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f2464416027r.jpg) ![1407 State Highway 29 N - Photo 27](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f3333608611r.jpg) ![1407 State Highway 29 N - Photo 28](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f2715299298r.jpg) ![1407 State Highway 29 N - Photo 29](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f3573727669r.jpg) ![1407 State Highway 29 N - Photo 30](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f2463412537r.jpg) ![1407 State Highway 29 N - Photo 31](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f578241950r.jpg) ![1407 State Highway 29 N - Photo 32](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f1696620093r.jpg) ![1407 State Highway 29 N - Photo 33](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f465220157r.jpg) ![1407 State Highway 29 N - Photo 34](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f4190921614r.jpg) ![1407 State Highway 29 N - Photo 35](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f2559984234r.jpg) ![1407 State Highway 29 N - Photo 36](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f423593725r.jpg) ![1407 State Highway 29 N - Photo 37](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f2172867169r.jpg) ![1407 State Highway 29 N - Photo 38](http://lh.rdcpix.com/3649263c02d79accd0f6092d2c3da6cfl-f788520929r.jpg) --- **MLS#:** 7067521 | **Updated:** 2026-10-25 **Source:** listhub *Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/1407-state-highway-29-n-alexandria-mn-56308-1036a4cd80ae48eaa586fa6c5ddb1020) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/1407-state-highway-29-n-alexandria-mn-56308-1036a4cd80ae48eaa586fa6c5ddb1020#listing", "url": "https://staging.propertysimple.ai/listing/1407-state-highway-29-n-alexandria-mn-56308-1036a4cd80ae48eaa586fa6c5ddb1020", "name": "1407 State Highway 29 N, Alexandria, MN 56308", "description": "A unique redevelopment opportunity with excellent visibility and potential! This property has operated as a 4-unit apartment building for many years with very little vacancy. 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