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612-338-VIEW(8439) info@VIEWREALTY.com
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612-338-VIEW(8439)
info@VIEWREALTY.com
MLS# 7017065 - 312 Spruce Street Alexandria, MN 56308

 

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For sale: 14 unit apartment building right off County Road 82 in the desirable, growing city of Alexandria. Large, nearly acre lot with over 130ft of frontage. Expand the building for more income potential or sit back and enjoy the cashflow. Most of the units have been updated with only 1 left to bring up to speed. Heated 24x30 garage currently rented, full basement on the Southeast wing for easy access to mechanicals and or storage for tools, appliances etc... Alexandria is the perfect spot to start or expand your portfolio. With lots of infrastructure and employment opportunities, the city continues to lead a strong demand for housing. Most of the units being studio apartments, you'll find these easy to rent out and maintain. Reach out to view financials and see the competitive cap rate this property is offered at.

Hetland Realty, LLC is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
View Reallty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of View Reallty, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 2/25/2026 11:17:00 PM.

For sale: 14 unit apartment building right off County Road 82 in the desirable, growing city of Alexandria. Large, nearly acre lot with over 130ft of frontage. Expand the building for more income potential or sit back and enjoy the cashflow. Most of the units have been updated with only 1 left to bring up to speed. Heated 24x30 garage currently rented, full basement on the Southeast wing for easy access to mechanicals and or storage for tools, appliances etc... Alexandria is the perfect spot to start or expand your portfolio. With lots of infrastructure and employment opportunities, the city continues to lead a strong demand for housing. Most of the units being studio apartments, you'll find these easy to rent out and maintain. Reach out to view financials and see the competitive cap rate this property is offered at.

Hetland Realty, LLC is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
View Reallty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of View Reallty, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 2/25/2026 11:17:00 PM.