Closed

$240,000

328 Fairgrounds Rd, Alexandria, MN 56308

7beds

5baths

3,030sqft

Fourplex

Built in 1900

-- sqft lot

$-- Zestimate^®

$79/sqft

$1,750 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,750/mo

Zestimate^® history

Owner options

List your home for rent

$1,750/mo

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$1,750/mo

Rent Zestimate^®

Refinance and save

$1,187/mo

Est. payment

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$1,187/mo

Est. payment

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What's special

4 plex so close to the Fairgrounds and downtown! This investment property grosses nearly $43K per year in income. Start your investment journey or add to your portfolio. 1-3BR Unit, 2-1BR Units, and 1-2BR units.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 5

Heating

Forced Air

Appliances

Laundry: Common Area

Features

Basement: Partially Finished

Interior area

Total structure area: 3,030
Total interior livable area: 3,030 sqft
Finished area above ground: 2,530
Finished area below ground: 500

Property

Parking

Total spaces: 1
Parking features: Detached Garage
Garage spaces: 1
Details: Garage Dimensions (12x18), Garage Door Height (7), Garage Door Width (8)

Accessibility

Accessibility features: None

Features

Levels: Two

Lot

Size: 0.47 Acres
Dimensions: 125 x 165

Details

Foundation area: 1265
Parcel number: 632877000
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Fourplex

Materials

Frame
Roof: Asphalt

Condition

New construction: No
Year built: 1900

Utilities & green energy

Electric: Circuit Breakers, Power Company: Alexandria Light & Power
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & neighborhood

Location

Region: Alexandria
Subdivision: Langhausens Sub Lt K Behengs

Price history

Date	Event	Price
6/30/2026	Sold	$240,000-17.2%$79/sqft
Source: NorthstarMLS as distributed by MLS GRID #7073706 Report a problem
6/15/2026	Pending sale	$289,900$96/sqft
Source: NorthstarMLS as distributed by MLS GRID #7073706 Report a problem
5/19/2026	Listed for sale	$289,900$96/sqft
Source: NorthstarMLS as distributed by MLS GRID #7073706 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,262 +1.1%	$237,700 +4.9%
2024	$3,226 +7.2%	$226,500 +7%
2023	$3,010 -1.9%	$211,600 +10.3%
2022	$3,068 +5%	$191,900 +5.3%
2021	$2,922 -1.5%	$182,200 +7.6%
2020	$2,966 +3.4%	$169,400 +1.4%
2019	$2,868 +26.7%	$167,000 +2.5%
2018	$2,264 +3.9%	$163,000 +20.2%
2017	$2,178 -1.4%	$135,600 +4.4%
2016	$2,208 +1.3%	$129,883
2015	$2,180	--
2014	--	$123,100
2013	--	--
2012	--	--
2011	$1,494 -1.6%	--
2010	$1,518	--