Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
11 Beds
4 Baths
3,800 sqft

$570,000

1229-1231 Jefferson Street, Alexandria MN, 56308

Price per sqft$150.00
Built in1966
Property size3,800 sqft
Property typeMulti-family
Courtesy of Central MN Realty LLC, Fatima Holm Listing Contact:

Overview

Active

Listed Oct 15, 2026

Updated 2 days ago

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.

$3,792/mo

Est. mortgage payment based on a $570,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7160511

Interior Features

Bedrooms
11
Bathrooms
4
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.9 Acres

Other Property Details

Taxes
$5,872
Tax Frequency
Annually
Maintenance Expense
$500
Garage
Yes
MLS provider logo

Listings courtesy of Northstar MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Muske Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 6:12 AM UTC on 10/17/2026. 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.

©2026 Northstar MLS . All rights reserved.

DMCA Notice

Powered by Luxury Presence