Alexandria, MN Multifamily Homes & Duplexes for Sale

/38
$299,900
- 12 Beds
- 4 Baths
- 4,205 Sq Ft
415 7th Ave E, Alexandria, MN 56308

This one-of-a-kind Italianate Victorian multifamily property is packed with potential and versatility! A rare opportunity for investors, group housing operators, or those seeking a hybrid owner-occupant setup. The layout includes a Shared Living Unit with a common area setup. It has 8 individual bedrooms, shared kitchen, living, laundry and bath areas—ideal for group housing, student housing, or

Sarah Klimek Counselor Realty Inc of Alex

415 7th Ave E, Alexandria, MN 56308
Explore Alexandria
/4
$189,000
- 5 Beds
- 3 Baths
- 2,167 Sq Ft
1102 Hawthorne St, Alexandria, MN 56308

Solid Triplex sits on corner lot in the heart of Alexandria-close to hospital, downtown and parks. Three individual units with separate electric meters. Long-term renters in place with stable income history. Tenants responsible for electricity, cable and internet. Showings require a 24 hour notice. Whether you are expanding your portfolio or diving into your first investment, this is a solid

Kimberly Dahlheimer Randy Fischer Real Estate, Inc

1102 Hawthorne St, Alexandria, MN 56308
/37
$225,000
- 5 Beds
- 3 Baths
- 2,564 Sq Ft
321 6th Ave E, Alexandria, MN 56308

Don’t miss this chance to own this triplex with a strong rental history in Alexandria. Alexandria continues to keep growing and with that there is high demand for rentals. Whether you're looking to expand your portfolio or live in one unit while the others help cover your mortgage, this property offers great flexibility.The main floor features a VERY spacious 2-bedroom unit, along with an

Saige Glaser Central MN Realty LLC

321 6th Ave E, Alexandria, MN 56308
/51
$329,000
- 6 Beds
- 2 Baths
- 1,280 Sq Ft
210 Runestone Place, Alexandria, MN 56308

Investment Opportunity: Two-Unit Property This well-maintained two-unit investment property is a fantastic opportunity for any savvy investor. Each unit offers: 3 spacious bedrooms 1.5 modern bathrooms Private patios perfect for outdoor relaxation Conveniently located close to town, offering easy access to shops, restaurants, and amenities With great rental potential, this property is ideal for

Sue Palmquist Edina Realty, Inc.

210 Runestone Place, Alexandria, MN 56308

Minnesota Douglas County Alexandria

Why Live in Alexandria

Alexandria, Minnesota, is a lakefront tourist town in West Central Minnesota, known for its scenic beauty and vibrant community life. The city has grown from a population of 7,000 to 15,000 over the past 50 years, with new housing developments in neighborhoods like Feltanderson and employment opportunities at Alomere Health, a 127-bed medical facility. Alexandria's main commercial thoroughfare, Broadway Street, is bustling with activity, especially in the summer when tourists flock to the area for its lakefront resorts, golf clubs, and various events. Year-round residents enjoy activities such as ice fishing and snowmobiling during the winter months. The city is surrounded by over 300 bodies of water, including Lake Carlos, Lake Darling, and Lake Le Homme Dieu, offering boating, fishing, and walking trails. Housing styles in Alexandria range from historic homes dating back to the 1890s to midcentury ranch-style homes and new constructions with spacious garages. The crime rates are consistently below national and state averages, making it a safer than average area. The Alexandria Public School District is highly rated, providing a range of educational opportunities, including the CAPS program for career-related experiences. Downtown Alexandria features historic buildings with boutique stores, antique shops, and diverse dining options, while larger retail stores are located in Viking Plaza Mall and Midway Mall. The city hosts numerous events, such as the Vikingland Band Festival, Art in the Park, and the Grape Stomp Festival at Carlos Creek Winery. Alexandria is approximately 130 miles from Minneapolis and 115 miles from Fargo, accessible via Interstate 94.

Learn more about living in Alexandria

Home Trends in Alexandria, MN

On average, homes in Alexandria, MN sell after 69 days on the market compared to the national average of 70 days. The median sale price for homes in Alexandria, MN over the last 12 months is $469,900, up 11% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$469,900

Median Single Family Sale Price

$498,500

Median Townhouse Sale Price

$250,000

Average Price Per Sq Ft

$243

Number of Homes for Sale

Last 12 months Home Sales

127

Months of Supply

1.80

Median List Price

$464,900

Median Change From 1st List Price

Median Home Sale Price YoY Change

11%

How to Buy a Home How to Finance a Home How to Sell a Home

In Alexandria, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $189,000 to $329,000, there's a range to accomodate every budget. As of July, 2025 the median home price in Alexandria is $464,900, while the average sale price is $570,650, offering insights into the local housing market. On average, multi-family homes spend 69 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Alexandria, MN.

Alexandria Types of Homes for Sale

Alexandria Real Estate Listings

Alexandria New Construction Homes

More About Living in Alexandria

Homes in Nearby Counties

Douglas County Homes for Sale

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