1229-1231 Jefferson Street Alexandria, MN 56308

$570,000
Pending
estimated monthly payment
11 Beds  |  4 Baths  |  3,800 Sq Ft  |  Fourplex  |  MLS # 7160511
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About The Listing

INVESTMENT OPPORTUNITY! Looking to expand your real estate portfolio? This fully occupied 4-plex offers an excellent opportunity to invest in a multi-family property! Featuring three 3-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, this property boasts a 100% occupancy rate and the convenience of in-unit laundry in every apartment. Additional highlights include two 2-stall garages, along with a New roof on both the building and garages! Both lower-level apartments (Units 1 and 4) have undergone kitchen renovations. A centralized utility room houses the boiler, water heaters, and water softener. The property also recently passed its city rental inspection in August, meeting the new HUD NSPIRE inspection criteria model requirements, with approval good for the next four years. With full occupancy, recent improvements, and desirable amenities, this property is a great addition to any investment portfolio! See supplements for apartment layouts.


Listing courtesy of Fatima Holm, Central MN Realty LLC
Purchase Price
Loan Type
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Interest Rate
Estimated Property Taxes
Homeowner's Insurance
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Property Details

Features

 
 
 
Property Type: Other
Status: Pending
Contingency Type: None
Year Built: 1966
MLS #: 7160511
Bedrooms: 11
Square Feet: 3,800
Price Per Square Foot: $150
Garage Spaces: 4
Parking Description: Detached Garage
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Boiler
Basement: Finished, Full
Foundation Type: Block
Construction Description: Frame
Roof Description: Age 8 Years or Less
Days On Market (Continuous): 14
Disability Features: None
Latest Update: 10/29/2026
List Date: 10/15/2026
Listing Agent ID: 500000294
Listing Office: Central MN Realty LLC
Listing Office ID: 29302
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Laundry Features: In Unit
Exterior Features: Wood
Fence: None
Lot Dimensions: 299x152x299x152
Lot Size: 0.9 Acres
Pool Description: None
Lot Features: Tree Coverage - Light
School District: Alexandria
Tax Year: 2026
Estimated Taxes: $5,872
Contingency Type: None
City: Alexandria
Zip: 56308
County: Douglas
Subdivision: Jefferson Condo 102
State: MN

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Listing last updated: 10/29/26

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