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1312 Jefferson Street

Alexandria, MN 56308

– beds
– baths
3,588 sqft
$118 per sqft
1976 build
– on site

**Turnkey 4-Plex Investment Opportunity in Alexandria, MN – Fully Leased & Cash Flowing!** Don't miss this incredible opportunity to own a fully occupied 4-plex in the heart of Alexandria, MN! This well-maintained property is an investor's dream, generating steady cash flow with even more potential for value-add. **Property Highlights:** - **4 Fully Leased Units:** - (3) 2-Bed, 1-Bath Units - (1) 1-Bed, 1-Bath Unit - New Roof Summer 2024! - **Tenant-Friendly Features:** Electric baseboard heat, air conditioning in each unit, coin laundry, and a 4 stall garage out back! - **Great Condition:** Well-maintained and ready to go, this is a turn key investment from day 1! - **Investment Potential:** Opportunity to increase cash flow and equity by converting space into a **5th unit!** This is a prime opportunity for any investor looking to step into a **cash-flowing property with upside potential.** Located in a desirable rental market, this property will continue to attract tenants and deliver strong returns. **Schedule a showing today and take the next step toward growing your real estate portfolio!**

Listing courtesy of NORTHSTAR / Robert Conn / ConnCrete Realty Solutions

Last checked: Checking… • Last updated Feb 20, 2025 •

MLS# 6672264 —

The Building

Year Built:

1976
New Construction:

false
Age Of Property:

49
Construction Materials:

Vinyl Siding
Construction Materials Desc:

Frame
Roof:

Asphalt
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1672.0000
Basement:

Finished
Basement:

true
Foundation Area:

1672
Foundation Dimensions:

50x33
Building Area Total:

3588
Above Grade Finished Area:

1916
Below Grade Finished Area:

1672

Room Dimensions

Living Area:

3588

Location

Directions:

Head East on 14th Ave until you hit the T. Turn left and head north on Jefferson. The property is to your left on the west side of the road.
Latitude:

45.877234
Longitude:

-95.373611

The Property

Parcel Number:

632046000
Zoning Description:

Residential-Multi-Family
Property Type:

Residential Income
Property Subtype:

Quadruplex
Additional Parcels:

false
Lot Size Area:

0.28
Lot Size Dimensions:

80X150
Lot Size Units:

Acres
Road Frontage Type:

City Street
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

4720
Tax With Assessments:

4720.0000

Heating & Cooling

Heating:

Baseboard

Utilities

Electric:

Circuit Breakers
Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Four

Schools

High School District:

Alexandria

The Community

Subdivision Name:

Sub Of Blk E Of Nelsons 2nd A
Association Amenities:

Coin-op Laundry Owned
Assessment Pending:

No

Parking

Garage Spaces:

4
Garage Door Height:

7
Garage Door Width:

8
Garage Dimensions:

50x24
Garage SqFt:

1200

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/18/25 Feb 18, 2025	Listed / Active	NORTHSTAR	$424,900	70.0% (15.4% / YR)
8/3/20 Aug 3, 2020		NORTHSTAR	$250,000	-5.7%
7/26/20 Jul 26, 2020		NORTHSTAR	$265,000

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This multifamily located in Alexandria, MN 56308 is currently for sale for $424,900. 1312 Jefferson Street is a 3,588 square foot multifamily with – beds and – baths that has been on Estately for 4 days. This multifamily is in the attendance area of Woodland Elementary School, Discovery Junior High School, and Alexandria Area High School.

Listing Courtesy of: NORTHSTAR and ConnCrete Realty Solutions.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. 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.