1202 Elm Street, Alexandria, Minnesota image 1
Active

MLS: #7157891, Listed By: Sammi Lindemann, Central MN Realty LLC, Source:FargoMoorhead Area Association of REALTORS

1202 Elm Street

Alexandria, MN 56308
Mark as Favorite
$220,000 $927/Mo
Get Pre-Approved Check your credit
Bed 5

Bed

Bath 3

Bath

SqFt2,168

Sqft

Acres0.32

Acre(Lot)

Income-Producing Investment Property | 3 Units | Detached 2-Stall Garage Investors, take note! This unique property offers three existing rental units, a detached two-stall garage (garage not currently rented), and a large, level corner lot with additional income potential. Currently generating $31,800 in annual gross income with reported annual expenses of $10,559, the property produces an estimated annual net income of $21,241. Originally built as a single-family home, the property has been converted into three separate rental units. The original interior staircase remains intact, with doorways currently separating the units, offering the potential to explore a conversion back to a single-family residence, subject to applicable requirements. The exterior is in good condition, while the i nterior offers an opportunity for updates and improvements to enhance the property’s value and rental potential. Buyers should anticipate interior work, including flooring updates and possible plumbing-related repairs. With established rental income, a detached two-stall garage, and a spacious corner lot, this property offers multiple possibilities for investors looking to expand their portfolio or buyers seeking a property with flexibility and long-term potential. Explore the possibilities and make this investment your own! Offered at $220,000.

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : Residential Income

Price : $220,000

AD Id : 91778440

MLS Id : 7157891

Beds : 5

Lot Size : 0.32 Acre

Living Area Size : 2,168 Sq. Ft

Tax Amount : $2,768

Year Built : 1900

Garage : 2

County : Douglas

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3

  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air

  • Building Information

    Year Built: 1900 Building Area Total: 2352 Construction Materials: Block Stories: 2 Patio And Porch Features: Covered, Deck, Porch Private Pool: No

  • Lot Information

    Lot Dimensions: 90 x 158 x 80 x 130 Main Square Feet: 0.32 Acres Lot Size Acres: 0.32 Lot Size Square Feet: 13939.2 Lot Description: Corner Lot, Level

    Property Information

    Subdivision: Hicks 3rd Add Source Property Type: Residential Income Postal Code Plus 4: 7801 Property SubType: Triplex Levels: Two Property Age: 126

  • Listing Price Information

    Listing Price: $220000

  • Tax Information

    Parcel Number: 631847000 Tax Year: 2026 Annual Tax: $2768 Tax Legal Desc: SEC-19 TWP-128 RANG-37 HICKS 3RD ADDN N HALF OF LOT 2 BLK 15

  • Parking Information

    Shared Driveway, Gravel, Driveway

    Garage Information

    Has Garage: Yes Garage Space: 2
    Homeowners Association Information
    Association Amenities: Laundry, Elevator(s)

  • Location Information

    Direction: heading south on Broadway turn right onto 12th street, property is on the left at the corner of 12th and Elm. WaterSource: Public
Sell a home like this and save $12,701 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1407 State Highway 29, Alexandria, MN, 56308 $320,000 9 4 5,304 1.01 Acre
1101 Jefferson Street, Alexandria, MN, 56308 $189,900 1 1 1,134 0.08 Acre
Broker Logo

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information 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. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 10/10/2026 @ 20:27

MLS: 7157891 LISTED BY: Sammi Lindemann, Central MN Realty LLC 320-363-4363 SOURCE: FargoMoorhead Area Association of REALTORS

More Cities with for Sale by Owner Homes

Homes around $220,000

Slider Thumb
Active
Mark as Favorite
$177,400
Home For Sale

521 5th Avenue,
Alexandria, MN, 56308

Bed 2

Bed

Bath 1

Bath

SqFt765

Sqft

Acres0.14

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$179,900
Home For Sale

410 Quincy Street,
Alexandria, MN, 56308

Bed 2

Bed

Bath 1

Bath

SqFt700

Sqft

Acres0.16

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$189,900
Land For Sale

510 Broadway Street,
Alexandria, MN, 56308

Acres0.07

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$189,900
Multifamily For Sale

1101 Jefferson Street,
Alexandria, MN, 56308

Bed 1

Bed

Bath 1

Bath

SqFt1,134

Sqft

Acres0.08

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$199,900
Townhouse For Sale

1223 Bridgeport Lane,
Alexandria, MN, 56308

Bed 2

Bed

Bath 2

Bath

SqFt1,000

Sqft

Acres0.03

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$207,600
Land For Sale

00 30th Ave,
Alexandria, MN, 56308

Acres1.19

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$215,000
Home For Sale

12935 Miltona Bay Road,
Alexandria, MN, 56308

Bed 2

Bed

Bath 1

Bath

SqFt1,088

Sqft

Acres14.88

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$225,000
Townhouse For Sale

1024 Bridgeport Lane,
Alexandria, MN, 56308

Bed 2

Bed

Bath 2

Bath

SqFt1,512

Sqft

Acres0.98

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$225,000
Home For Sale

1018 8th Avenue,
Alexandria, MN, 56308

Bed 4

Bed

Bath 2

Bath

SqFt1,656

Sqft

Acres0.32

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$230,000
Home For Sale

902 Quincy Street,
Alexandria, MN, 56308

Bed 3

Bed

Bath 1

Bath

SqFt1,100

Sqft

Acres0.51

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$239,000
Home For Sale

1207 N Mckay Avenue,
Alexandria, MN, 56308

Bed 3

Bed

Bath 2

Bath

SqFt2,284

Sqft

Acres1.52

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$249,900
Land For Sale

1610 7th Avenue,
Alexandria, MN, 56308

Acres2.16

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$259,500
Land For Sale

3807 Rosewood Lane,
Alexandria, MN, 56308

Acres1.64

Acres(Lot)
Slider Thumb
Active
Mark as Favorite
$259,900
Home For Sale

715 Maple Street,
Alexandria, MN, 56308

Bed 3

Bed

Bath 2

Bath

SqFt1,496

Sqft

Acres0.17

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$264,900
Home For Sale

305 8th Avenue,
Alexandria, MN, 56308

Bed 3

Bed

Bath 2

Bath

SqFt1,556

Sqft

Acres0.32

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$264,900
Home For Sale

908 Westwood Drive,
Alexandria, MN, 56308

Bed 3

Bed

Bath 2

Bath

SqFt1,056

Sqft

Acres0.25

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$269,000
Home For Sale

1408 Elm Street,
Alexandria, MN, 56308

Bed 4

Bed

Bath 2

Bath

SqFt1,426

Sqft

Acres0.20

Acre(Lot)
Slider Thumb
Active
Mark as Favorite
$269,900
Townhouse For Sale

92 Birch Avenue,
Alexandria, MN, 56308

Bed 2

Bed

Bath 2

Bath

SqFt1,152

Sqft

Acres0.06

Acre(Lot)

Selling? Save $12,701 when you sell a home like this

Tour with a ByOwner Agent