321 6th Ave E, Alexandria, MN 56308
Property image
Property image
FOR SALE

321 6th Ave E
Alexandria, MN 56308

  • 5 Beds
  • 3 Baths
  • 2,564 sqft

$235,000

Est. Mortgage $1,464/mo*

$235,000

Est. Mortgage $1,464/mo*
5 Beds
3 Baths
2,564 sqft
We estimate this home will sell faster than 82% nearby.

Home Highlights

Parking
Garage
Climate Control
Heating only
Price/Sqft
$92
Listed
41 days ago

Local Information

  • Map ViewExplore the area around 321 6th Ave E.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Don’t miss this opportunity to own a triplex with a strong rental history in Alexandria. Based on the current rental income and purchase price, this property is currently performing at approximately 1.4%, surpassing the commonly used 1% rule—an increasingly difficult investment benchmark to find. With established rental income already in place, a new owner can begin cash flowing right away.

As Alexandria continues to grow, rental demand remains strong. Whether you’re looking to expand your investment portfolio or live in one unit while the other two help offset your mortgage, this property offers excellent flexibility and income potential.

The main floor features a spacious 2-bedroom unit along with an additional 1-bedroom unit. Upstairs, you’ll find another 2-bedroom unit. Shared coin-operated laundry is conveniently located in the basement, and the detached double garage offers additional parking, storage, or potential rental income.

Conveniently located near downtown, parks, and everyday amenities, this is a great opportunity for both investors and owner-occupants.

A minimum of 24-hour notice is required for showings; 48-hour notice is preferred.
We estimate this home will sell faster than 82% nearby.

Home Details for 321 6th Ave E

Active Status

MLS Status: Active with Contingency

Interior Features

Interior Details
Basement: Unfinished
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2564 Square FeetFoundation Area: 1800
Appliances & Utilities
Laundry: Common Area,Coin-op Laundry Owned
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Number of Stories: 1.5Levels: One and One HalfAccessibility: None
View
No View

Exterior Features

Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Dimensions (24x18), Garage Door Height (7)No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached Garage
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 2564 Square Feet

Days on Market

Cumulative Days on Market: 109Days on Market: 41

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex
Building
Construction Materials: FrameNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 631196000

Price & Status

Price
List Price: $235,000Price Per Sqft: $92

Location

Direction & Address
City: AlexandriaCommunity: Original Alexandria
School Information
High School District: Alexandria

Agent Information

Listing Agent
Listing ID: 7098633

Building

Building Area
Building Area: 4364 Square Feet

Lot Information

Lot Area: 6272.64 sqft

Offer

Contingencies: Inspection

Business

Expense
Tenant Pays: Electricity

Rental Terms, Policies & Fees

Owner Pays: Grounds Care, Repairs, Sewer, Snow Removal, Trash Collection, Water

Miscellaneous

BasementMls Number: 7098633Above Grade Unfinished Area: 2564

Additional Information

HOA Amenities: Coin-op Laundry Owned
Last check for updates: about 15 hours ago
Listing courtesy of Saige Haecherl, (320) 760-9914
Central MN Realty LLC
Lee Haecherl, (612) 616-7387
Source: NorthstarMLS as distributed by MLS GRID, MLS#7098633

Market trends in Alexandria

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$326K
Sale-to-List Price
Price per sq ft
$188
Available listings
57
3
MoM

Price History for 321 6th Ave E

DatePriceEventSource
06/24/2026$235,000Listed For SaleNorthstarMLS as distributed by MLS GRID #7098633
09/18/2025$225,000ListingRemovedNorthstarMLS as distributed by MLS GRID #6738743
07/01/2025$225,000PriceChange
NorthstarMLS as distributed by MLS GRID #6738743
06/13/2025$239,900Listed For SaleNorthstarMLS as distributed by MLS GRID #6738743
07/29/2011$83,750Sold
Lake Superior Area Realtors as distributed by MLS GRID #1696221

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Property Tax and Assessment

Year2025
Tax$2,258
Assessment$184,900
Home facts updated by county records

Comparable Sales for 321 6th Ave E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.14
Multi-Family Home
$117,000
12/05/25
3
2
1,728
0.16
Multi-Family Home
$199,000
01/22/26
6
3
2,992
0.46
Multi-Family Home
$162,000
08/29/25
5
3
2,167
0.61
Multi-Family Home
$90,000
07/31/26
6
2
2,283
0.36
Multi-Family Home
$135,000
12/15/25
4
2
920
0.35
Multi-Family Home
$200,000
10/31/25
4
4
1,482
0.10
Multi-Family Home
$204,550
03/20/26
12
4
4,326
0.76
Multi-Family Home
$240,000
06/30/26
7
5
3,030
0.96
Multi-Family Home
$239,900
01/23/26
3
1
2,456

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What Locals Say about Alexandria

At least 44 Trulia users voted on each feature.
  • 88 % Say it's dog friendly

  • 88 % Say parking is easy

  • 85 % Say car is needed

  • 72 % Say kids play outside

  • 70 % Say yards are well-kept

  • 66 % Say people would walk alone at night

  • 62 % Say there's holiday spirit

  • 60 % Say it's walkable to restaurants

  • 56 % Say there's wildlife

  • 54 % Say neighbors are friendly

  • 53 % Say it's walkable to grocery stores

  • 51 % Say streets are well-lit

  • 43 % Say there are sidewalks

  • 43 % Say it's quiet

  • 35 % Say they plan to stay for at least 5 years

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Andrew L.
    "Gorgous lakes, lots of activities to do during the summer, and neat shops to antique for. I have lived here for 4 years and it is always pleasant to see the changing of the seasons"
  • Tammy W.
    "I have lived here for 2 years and it is a quiet side of town and close to Fillmore park, various restaurants and we have very nice neighbors"
  • Tammy W.
    "it's on a quiet end of town close to a park. there is not much traffic and the neighbors seem friendly and during the winter we help each other with snow removal"
  • lroles
    "Close to town, museums, eating, shopping, bike trails, lakes etc"

LGBTQ Local Legal Protections

Saige Haecherl, Central MN Realty LLC
Agent Phone: (320) 760-9914
Based on information submitted to the MLS GRID as of 2026-08-04 15:38:11 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
321 6th Ave E, Alexandria, MN 56308 is a 5 bedroom, 3 bathroom, 2,564 sqft multi-family built in 1900. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Jun 24, 2026. The MLS # for this home is MLS# 7098633.