$424,900

1312 Jefferson St Alexandria, MN 56308

$5,046
Closing credit¹
3,588 sqft
$118 / sqft
Multi-Family

Property details

About 1312 Jefferson St

**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!**

Highlights

Home typeQuadruplex
HeatingBaseboard
StatusActive
Size3,588 sqft
BasementYes
Year built1976
MLS #6672264
Garage4 spaces

Summary

  • MLS Number: 6672264
  • MLS Name: NORTHSTAR
  • Office Name: ConnCrete Realty Solutions

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view of front of house

$424,900

1312 Jefferson St

$5,046

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 07, 2020
Home Sold
$250,000

Tax history

YearAssessmentProperty Tax
2024$345,300$4,720
2023$328,200$4,388
2022$293,000$4,502
2021$279,900$4,334
2020$264,000$3,762
2019$255,700$3,588
2017$206,775$3,238

History based on county public records data.

Nearby schools

8

Lincoln Elementary School

Public District KG-5

0.8 mi

1120 Lark St

5

Woodland Elementary School

Public District KG-5

0.9 mi

1410 McKay Ave S Ste 101

5

Voyager Elementary School

Public District KG-5

2.3 mi

203 Voyager Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $22,836. The majority of Alexandria, MN residents have income less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

71%
<35k
23%
35k-100k
5%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

57%
Single, No Kids
9%
Single, with Kids
20%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
6%
12-17 yrs old
35%
18-34 yrs old
25%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Stein MartStein Mart
  • KmartKmart

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans
  • SonicSonic

What do the neighbors drive?

  • FordFord
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • New CountryNew Country
  • Adult StandardsAdult Standards
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Alexandria, MN

About 1312 Jefferson St

This home is located at 1312 Jefferson St in Alexandria, MN and zip code 56308. This 3,588 square foot home was built in 1976. Features: 0 bathroom. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $424,900.

In January 2025, from all listings sold in Alexandria, MN there were more than 4 sold above asking price, over 12 sold below and more than 3 were sold right at the asked price. The inventory of homes for sale in Alexandria, MN between December and January 2025 decreased by 4.9%. While the average time on the market in January 2025 was 61 days, the median list price was $359,950.

From Rocket Homes Real Estate and based on county public records data.

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