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328 Fairgrounds Rd, Alexandria, MN 56308
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About this home
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.
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Last updated September 2026
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Sale and tax history for 328 Fairgrounds Rd
- Sale History
- Tax History
Public record
Property details
Parking
- Parking Information
- Garage Spaces: 1
- Garage Dimensions: 12x18
- Garage Sq. Ft.: 216
- Garage Door Height: 7
- Garage Door Width: 8
Interior
- Bedroom Information
- # of Bedrooms: 7
- Laundry Room Information
- Laundry Features: Common Area
- Basement Information
- Has Basement
- Basement Features: Partially Finished
- Heating & Cooling
- Heating Information: Forced Air
Exterior
- Building Information
- Construction Materials: Frame
- Foundation Area: 1,265
- Roof: Asphalt
- Exterior Features
- Exterior Features: Wood
- Property Information
- Above Ground Total Sq. Ft.: 2,530
- Below Ground Total Sq. Ft.: 500
- FractionalOwnershipYN: No
- Owner Occupied: No
- Property Type: Residential Income
- Above Grade Finished Area: 2,530
- Below Grade Finished Area: 500
- Lot Information
- Lot Size Area: 0.47
- Lot Size Units: Acres
- Lot Size Dimensions: 125x165
- Road Frontage Type: City Street
- Road Responsibility: Public Maintained Road
Financial
- Tax Information
- Tax Annual Amount: $3,328
- Tax Year: 2026
- Tax With Assessments: $3,328
- Lease / Rent Details
- Rental License Type: Standard
- RentalLicense Y/N: Y
Utilities
- Utility Information
- Water Source: City Water/Connected
- Electric: Circuit Breakers
- Power Company Name: Alexandria Light & Power
- Sewer: City Sewer/Connected
- Fuel: Natural Gas
Location
- Multi-Family Financial Information
- Fuel Expense: $3,336
- Trash Expense: $1,000
- Electric Expense: $2,886
- Insurance Expense: $1,589
- Gross Income: $42,900
- Multi-Unit Information
- # of Units (Total): 4
- Unit Type 1 Information
- Sq. Ft.: 1
- # of Rooms Total: 8
- # of Bedrooms: 3
- # of Bathrooms: 2
- # of Full Bathrooms: 1
- # of Three Quarter Bathrooms: 1
- # of Units: 1
- Unit Type 2 Information
- Sq. Ft.: 1
- # of Rooms Total: 6
- # of Bedrooms: 1
- # of Bathrooms: 1
- # of Full Bathrooms: 1
- # of Units: 1
- Unit Type 3 Information
- Sq. Ft.: 1
- # of Rooms Total: 6
- # of Bedrooms: 2
- # of Bathrooms: 1
- # of Full Bathrooms: 1
- # of Units: 1
- Unit Type 4 Information
- Sq. Ft.: 1
- # of Rooms Total: 5
- # of Bedrooms: 1
- # of Bathrooms: 1
- # of Full Bathrooms: 1
- # of Units: 1
- School Information
- High School District: Alexandria
- School District Number: 206
- School District Phone: 3207622141
- Location Information
- Directions: Cr 82 to Fairgrounds Rd
- Map Coordinate: 999-A1
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 1,887
- Stories: —
- Lot Size: 0.47 acres
- Style: Other
- Year Built: 1900
- Year Renovated: —
- County: Douglas County
- APN: 63-2877-000
Other
- Home Information
- Living Area: 3030
- Living Area Units: Square Feet
- Main Level Finished Area: 1265
- Building Area Total: 3030
- Foundation Details: Stone
- Foundation Dimensions: 28x46
- Levels: Two
Around this home
Schools
Public K-5 • Assigned • 0.7mi
Public 6-8 • Assigned • 1.7mi
Public 9-12 • Assigned • 2.9mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 95° expected this year, 13 days in 30 years
Minor risk of severe winds over next 30 years
2 unhealthy days expected this year, 2 days in 30 years
Sun exposure
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Nearby similar homes
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Home values near 328 Fairgrounds Rd
| Address | Redfin Estimate |
|---|---|
4 Beds | 1 Baths | - Sq. Ft. | $128,559 |
- Beds | - Baths | 1866 Sq. Ft. | $243,049 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 1123 Sq. Ft. | $312,050 |
- Beds | - Baths | 1330 Sq. Ft. | $182,413 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | - Sq. Ft. | $191,687 |
- Beds | - Baths | - Sq. Ft. | $46,816 |
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