1229-1231 Jefferson Street, Alexandria, MN 56308
M Premiere — Just Listed — listed October 15, 2026
11 Beds | 4 Baths | 3,800 Sq Ft | Home | MLS# 7160511
$3,704/month Estimated
- Principal & interest
- $2,882
- Property taxes
- $489
- Home insurance (est.)
- $333
- HOA dues
- None
20% down ($114,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Jefferson Condo 102, Alexandria, MN.
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.
BuyPulse · Live market read
Is 1229-1231 Jefferson Street a Good Deal?
At $150/sqft, this home is priced $59/sqft below the Alexandria median of $209/sqft.
The median list price in Alexandria is $395,000.
Verdict: Excellent Value
Powered by the Realgorithm™ — real Alexandria closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1966
- Garage
- 4-Car Detached
- Style
- Split Entry (Bi-Level)
- HOA
- None
- Annual Taxes
- $5,872 (2026)
Property Details
- Property Type
- Fourplex
- Above Grade Sq Ft
- 1,900
- Below Grade Sq Ft
- 1,900
- Lot Size
- 0.9 acres
- Basement
- Yes
- Roof
- Age 8 Years or Less
- Construction
- Frame
- County
- Douglas
- List Date
- 2026-10-15
- Days on Market
- 2 days
- Parcel ID
- 631591100
Financial
- Total Tax incl. Assessments
- $5,872
Home Systems & Utilities
- Heating
- Boiler
- Electric
- Circuit Breakers
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
Interior Features
- Laundry
- In Unit
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 1,900 sqft
- Total Building Area
- 3,800 sqft
Exterior Features
- Exterior Features
- Wood
- Pool
- Yes
- Fenced Area
- Yes
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage
Lot & Land
- Lot Features
- Tree Coverage - Light
- Topography
- Level
- Road Surface
- City Street, Paved Streets, Sidewalks
Agent & Office
- List Office
- Central MN Realty LLC
Price History
Listed at $570,000 on Oct 15, 2026 — No price changes
1229-1231 Jefferson Street is listed in Alexandria, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1229-1231 Jefferson Street
Associate Broker · Modern Market REALTORS®
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Listed by Central MN Realty LLC · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7160511 · Data refreshed October 16, 2026
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Frequently Asked Questions About 1229-1231 Jefferson Street
- Is $570,000 a good price for a home in Alexandria?
- According to BuyPulse, 1229-1231 Jefferson Street rates Excellent Value — at $150/sqft it's priced 28% below the Alexandria median of $209/sqft. Powered by the Realgorithm™. Browse Alexandria homes for sale to compare.
- Does 1229-1231 Jefferson Street have a basement?
- Yes, 1229-1231 Jefferson Street has a finished basement with 1,900 sq ft of below-grade space.
- What type of heating and cooling does 1229-1231 Jefferson Street have?
- 1229-1231 Jefferson Street has Boiler heating.
- Where is 1229-1231 Jefferson Street located?
- 1229-1231 Jefferson Street is in the Jefferson Condo 102 neighborhood of Alexandria, MN 56308, in Douglas County.
- Is 1229-1231 Jefferson Street still available?
- Yes — 1229-1231 Jefferson Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1229-1231 Jefferson Street built?
- 1229-1231 Jefferson Street was built in 1966. It features frame construction and a block foundation.
- How walkable is 1229-1231 Jefferson Street?
- 1229-1231 Jefferson Street has a Walk Score of 45/100 (Car-Dependent) and a Bike Score of 47/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- What does "M Premiere" mean?
- M Premiere™ is Modern Market REALTORS®’ early-access tracker for homes entering NorthstarMLS during the critical first 96 hours on market. Well-priced homes in Fargo-Moorhead frequently receive their strongest buyer attention in that opening window. M Premiere surfaces new inventory the moment it lists — so buyers can act before a home becomes widely discovered.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Alexandria area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/17/2026, 6:09 PM CDT. 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.
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.