For Sale: Alexandria MLS# 6755509
Active
$239,900
Multi-family: Duplex Other
12 br • 4 ba • Built 1876
4,205 sqft • 0.34 acres
MLS# 6755509
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Property Description
Live in one unit while the other two help cover your payment! This one-of-a-kind Italianate Victorian multifamily offers a rare opportunity for owner-occupants or investors seeking flexibility, character, and income potential. The property is thoughtfully laid out with 3 distinct living options. The shared living unit features 8 private bedrooms with shared kitchen, living, laundry, and bath areas—ideal for owner-occupancy, group housing, or a short-term rental model. In addition, two separate income-producing units include a private 3 bedroom apartment with sunroom and a main-level 1 bedroom unit with kitchen and full bath. Rent from the additional units can significantly offset—or potentially cover—your monthly housing costs. Rich in historic charm, the home showcases ornate Victorian details, hardwood floors, tall ceilings, and classic clawfoot tubs, blending timeless character with modern multi-use functionality. Exterior features include a spacious yard with patio areas, a 3 car detached garage, plus an attached 1 stall garage, providing ample parking and storage. Whether you’re looking to live affordably while building equity, expand your investment portfolio, or operate a unique housing model, this exceptional property offers versatility and income potential rarely found on the market.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$239,900
Price per sq ft:
$57
Property Type:
Multi-family
City:
Alexandria
Garage Spaces:
4
County:
Douglas
Year Built:
1876
State:
MN
Property Style:
Duplex Other
Zip Code:
56308
Subdivision Name:
Kilbourns Add
Interior
Bedrooms:
12
Bathrooms:
4
Finished Area:
4,205 ft2
Living Area:
4,205 ft2
Refrigerators:
Four
Basement Details:
Block
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
4
Garage Dimensions:
21 X 32
Garage Size:
666 ft2
Foundation Size:
1,950 ft2
Handicap Accessible:
None
Heating System:
- Baseboard
- Boiler
- Hot Water
- Radiator
Shared Amenities:
- Coin-op Laundry Owned
- Other
Road Frontage:
City Street
Pool:
None
Roof Details:
Asphalt
Rooms
Shared Rooms:
Other
Laundry:
Common Area
Lot & Land
Acres:
0.34
Geolocation:
45.884998, -95.372069
Lot Dimensions:
Irregular
Zoning:
Residential-Single Family
Lot Description:
Tree Coverage - Medium
Schools
School District:
1015
District Phone:
3207622141
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$12,003
Annual Fuel Expense:
None
Annual Insurance Expense:
$1
Annual Maintenance Expense:
$1,330
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,300
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,300
Income
Annual Gross Income:
$48,553
Units
Total Units:
3
Miscellaneous
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Counselor Realty Inc of Alex.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.