1229-1231 Jefferson Street, Alexandria, MN 56308

Alexandria
Local realty services provided by:Better Homes and Gardens Real Estate Park Company
1229-1231 Jefferson Street,Alexandria, MN 56308
$570,000
  • 11 Beds
  • 4 Baths
  • 3,800 sq. ft.
  • Multi-family
  • Active
Listed by: fatima holm
Office: central mn realty llc.
MLS#:7160511
Source:NSMLS

Price summary

  • Price:$570,000
  • Price per sq. ft.:$150

About this home

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.

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Home facts

  • Year built:1966
  • Subdivision & Development:Jefferson Condo 102
  • Listing ID #:7160511
  • Added:7 day(s) ago
  • Updated:October 23, 2026 at 12:26 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:4
  • Basement:Yes
  • Basement Description:Finished, Full
  • Living area:3,800 sq. ft.

Heating and cooling

  • Heating:Boiler

Structure and exterior

  • Roof:Age 8 Years or Less
  • Year built:1966
  • Building area:3,800 sq. ft.
  • Lot area:0.9 Acres
  • Lot Features:Level, Tree Coverage - Light
  • Levels:Bi/Split Level

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$570,000
  • Price per sq. ft.:$150
  • Tax amount:$5,872 (2026)

Parking

  • Parking description:Detached Garage
  • Garage:Yes
  • Garage spaces:4
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. NSMLS Member Broker: Bob Erickson

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