# 322 5th Avenue E, Alexandria, MN 56308

> **TL;DR:** 7bd/0ba other, $219,900 ($76/sqft), built 1900, 2,880 sqft. Est. $953/mo. Listed 62 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $219,900 |
| Price/sqft | $76 |
| Bedrooms | 7 |
| Square Feet | 2,880 |
| Year Built | 1900 |
| Lot Size | 10,193 sqft (0.23 acres) |
| Property Type | Other (Other) |
| Status | For Sale |
| Days on Market | 62 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $953 |
| **Total** | **$953** |

## Property Highlights

- Built in 1900
- 0.23 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 322 5th Avenue E, Alexandria, MN 56308
- **County:** Douglas-MN
- **Neighborhood:** Original Alexandria
- **Coordinates:** 45.886898, -95.373484
- **Google Maps:** https://www.google.com/maps?q=45.886898,-95.373484

## Listing Agent

- **Name:** Kristine Telkamp
- **Brokerage:** Counselor Realty Inc of Alex
- **Phone:** 3208080162
- **Email:** kristelkamprealty@outlook.com

## Primary Photo

![322 5th Avenue E - Primary Photo](http://lh.rdcpix.com/99a13f388912feb5e7da5a5f37cd7423l-f3417986060r.jpg)

*22 total photos available on [listing page](https://www.propertysimple.com/listing/322-5th-avenue-e-alexandria-mn-56308-7060763)*

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**MLS#:** 7060763 | **Updated:** 2026-06-24
**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://www.propertysimple.com/listing/322-5th-avenue-e-alexandria-mn-56308-7060763)

---

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