Alexandria Homes under $250,000

Welcome to Alexandria, Minnesota—a charming city nestled in the heart of Douglas County, where picturesque lakes and vibrant communities come together to create a truly enchanting living experience. Known for its stunning natural beauty, Alexandria is often referred to as the “Gateway to the Lakes.” With over 300 lakes in the surrounding area, outdoor enthusiasts can indulge in an array of activities, from fishing and boating in the summer to snowmobiling and ice fishing in the winter.

Alexandria boasts a rich history and a welcoming atmosphere, making it an ideal place for families, retirees, and young professionals alike. The city offers a variety of amenities, including unique local shops, delightful dining options, and a thriving arts scene that hosts numerous events throughout the year. Residents can enjoy the scenic trails for hiking and biking, as well as the beautiful parks that dot the landscape.

For those seeking affordable housing options, Alexandria has an impressive selection of homes under $250,000. Whether you’re a first-time homebuyer or looking to downsize, you’ll find charming single-family homes, cozy townhouses, and even some delightful fixer-uppers that offer endless potential. With a diverse range of properties available, you can find the perfect fit for your lifestyle and budget.

Explore the warmth and community spirit of Alexandria, MN, where your dream home awaits amidst the beauty of Minnesota's lakes and landscapes. Discover the possibilities today!

Newest Alexandria Homes under $250,000

$149,900

1 Beds ⋅ 1 Baths ⋅ 7158299 MLS

A very welcoming community. New remodel with beautiful vinyl plank floors throughout condo and new paint. New appliances. 55+ Community, secure access, includes heated garage, Internet Wi-Fi, exercise room, game room, library, beauty shop, and central TV antennae. Resident owned. Homeowner’s Association is $391 per month which includes Internet, heat, water, free onsite laundry, garbage, and private storage room. No pets.

1415 Lake Street Unit 142, Alexandria

Listing courtesy of 123 Realty.

$220,000

5 Beds ⋅ 3 Baths ⋅ 7157891 MLS

Income-Producing Investment Property | 3 Units | Detached 2-Stall Garage Investors, take note! This unique property offers three existing rental units, a detached two-stall garage (garage not currently rented), and a large, level corner lot with additional income potential. Currently generating $31,800 in annual gross income with reported annual expenses of $10,559, the property produces an estimated annual net income of $21,241. Originally built as a single-family home, the property has been converted into three separate rental units. The original interior staircase remains intact, with doorways currently separating the units, offering the potential to explore a conversion back to a single-family residence, subject to applicable requirements. The exterior is in good condition, while the interior offers an opportunity for updates and improvements to enhance the property’s value and rental potential. Buyers should anticipate interior work, including flooring updates and possible plumbing-related repairs. With established rental income, a detached two-stall garage, and a spacious corner lot, this property offers multiple possibilities for investors looking to expand their portfolio or buyers seeking a property with flexibility and long-term potential. Explore the possibilities and make this investment your own! Offered at $220,000.

1202 Elm Street, Alexandria

Listing courtesy of Central MN Realty LLC.

$134,900

7156537 MLS

HEATED FINISHED SHOP! on a beautiful buildable lot! Potential Shouse! Experience the ideal blend of space, convenience, and potential with this fully finished and heated shop, perfectly situated on a generous residential lot just outside Alexandria. Built with quality in mind, this impressive 1,500+ sq. ft. shop is designed for year-round use and features two 8' x 10' overhead doors along with two service doors for easy access. Inside, you’ll find 9' ceilings, excellent lighting, an in-floor drain, air compressor lines, abundant electrical outlets, built-in cabinetry, and even attic storage—everything you need for hobbies, projects, or storing your favorite toys. The expansive lot offers the perfect setting to build your future home, surrounded by mature oak trees in the sought-after Country Shores neighborhood. This has been approved for conversion into living quarters making this an economical shouse. Enjoy a peaceful, private atmosphere while staying conveniently close—just 5 minutes from Alexandria’s south side and only 2 minutes to I-94. Opportunities like this don’t come around often—schedule your showing today and see the possibilities for yourself!

4760 Country Shores, Alexandria

Listing courtesy of Century 21 First Realty, Inc..

$129,000

3 Beds ⋅ 2 Baths ⋅ 7149445 MLS

Brand-new Highland 28' × 48' double-wide manufactured home in Alexandria Estates! This 3-bedroom, 2-bath home offers a spacious, modern floor plan with approximately 1,280 sq. ft. of living space. The open living area provides plenty of room to relax or entertain, while the kitchen features brand-new appliances, generous cabinet space, and a large center island. The private primary suite includes its own en-suite bathroom, with two additional bedrooms and a second full bath providing plenty of flexibility. The classic white exterior with contrasting black shutters gives the home timeless curb appeal. Everything is brand new and move-in ready, including appliances, central air conditioning, landing, and skirting. Enjoy the benefits of a brand-new home without the repairs and updates that often come with an older property. Home is located on leased land in Alexandria Estates. Lot rent is $415/month. Community approval is required. Financing options may be available for qualified buyers.

215 N Mckay Avenue Unit 2, Alexandria

Listing courtesy of Savvy Avenue, LLC.

$225,000

2 Beds ⋅ 2 Baths ⋅ 7144835 MLS

Looking for a simpler way of living? This well-cared-for 2BR, 2BA split-level townhome offers affordable, low-maintenance living with lawn care and snow removal taken care of for you! Inside, you’ll find a comfortable and inviting layout featuring granite and quartz countertops, vinyl plank flooring, and an electric fireplace in the family room. Spacious primary on suite with large closet. Step outside and enjoy the large deck without worrying about all the yard work! The property is connected to city water and sewer, with a separate well for lawn irrigation. Additional highlights include a 1-stall insulated garage with epoxy flooring, a roof that is only approximately 6 years old, and baseboards that were replaced approximately 10 years ago. Affordable, comfortable, and easy to maintain—if you’ve been looking to simplify without giving up the comforts of home, the simple life is right here!

1024 Bridgeport Lane NW, Alexandria

Listing courtesy of Central MN Realty LLC.

$169,900

1 Beds ⋅ 1 Baths ⋅ 7136836 MLS

Welcome to 308 Roosevelt Street in Alexandria. This one-level, 1-bedroom, 1-bath home offers a simple, comfortable layout with updated spaces and an easy-to-manage footprint. Inside, you’ll find a functional kitchen with plenty of cabinet storage, a comfortable living area, bedroom, bathroom, and laundry all on one level. One of the biggest highlights of the property is the yard, where mature trees and fencing create a surprisingly private setting that feels tucked away while still being right in town. The outdoor space also includes a deck and storage shed, giving you plenty of room to enjoy the yard and keep things organized. The property is currently rented on a month-to-month basis, and the current tenants have indicated they would be open to discussing a longer-term lease with a new owner, offering flexibility for someone looking to continue using the property as a rental. Whether you’re looking for simple one-level living or a property with existing rental potential, 308 Roosevelt Street is worth a look. Property is tenant occupied; please allow a minimum of 24 hours’ notice for all showings.

308 Roosevelt Street, Alexandria

Listing courtesy of Coldwell Banker Crown Realtors.

$119,000

3 Beds ⋅ 1 Baths ⋅ 7140440 MLS

Welcome to 823 Jefferson Street, a charming home with plenty of potential in the heart of Alexandria. This cozy property offers an inviting opportunity for a first-time buyer, investor, or anyone looking to make a home their own. Enjoy a convenient location close to local shopping, dining, and everyday amenities. Come see the possibilities and imagine making this Alexandria property yours!

823 Jefferson Street, Alexandria

Listing courtesy of Real Broker, LLC.

$199,900

2 Beds ⋅ 2 Baths ⋅ 7128294 MLS

Welcome home to this charming twin home tucked into a small, welcoming association. This well-maintained property offers two comfortable bedrooms, one full bathroom, and a great backyard with plenty of space to relax, entertain, or enjoy the outdoors. The unfinished basement provides excellent storage and future potential for additional living space, a workshop, extra bedrooms, or hobby area. Lower level is already plumbed for an extra bathroom. With a manageable layout, inviting outdoor space, and the benefits of a small association, this home is a wonderful opportunity for a first-time buyer, downsizer, or investor. Located in Tabbert's Addition, this home is walking distance from neighborhood park, minutes to downtown and closely located to the Central Lakes Bike Trail. Come see all this cozy twin home has to offer!

1223 Bridgeport Lane NW, Alexandria

Listing courtesy of Counselor Realty Inc of Alex.

$239,000

3 Beds ⋅ 2 Baths ⋅ 7127869 MLS

Some homes simply have walls and rooms. Others have a feeling. A feeling that welcomes you in, slows you down, and makes you think, “I could see myself here.” Sitting on a corner lot on 1.52 acres, this inviting 3-bedroom, 2-bath home offers the space, comfort you've been looking for, while keeping you just minutes from downtown Alexandria, schools, restaurants, shopping, trails, and lakes. Step inside and you'll immediately notice the warm, spacious layout and abundant natural light pouring through the windows. The main level features two bedrooms, a full bathroom, convenient main-floor laundry and a cozy fireplace. Outside you'll find a spacious deck and look out over your own slice of paradise. Kids running through the yard, pets having room to roam, friends and family gathered around for when you host. Make your way to the lower level to find a third bedroom, bathroom, and a versatile flex room. Whether you envision a home office, playroom, hobby space, storage, or additional sleeping space, the possibilities are yours. The 2-stall attached garage provides room for vehicles, toys, and all the things that come with living the life you've imagined. Whatever your next chapter looks like, this property just might be the place where it begins. Come take a look. You may walk in as a buyer and walk out already picturing your life here.

1207 N Mckay Avenue NE, Alexandria

Listing courtesy of Counselor Realty Inc of Alex.

$214,990

3 Beds ⋅ 2 Baths ⋅ 7117337 MLS

Come check out this cute cozy starter home. It is adorned with mature trees and a big yard. A majestic old oak canopies the yard, as though it were watching over the home. Shading the front step, patio and yard. This cute as a button two story offers some charming features and updates. New flooring, updated ceiling, updated kitchen, and paint. It’s loaded with natural light and lots of windows, a main floor bedroom, walk-in closet and full bath. The upstairs offers two more bedrooms, a bathroom and laundry. If those updates aren’t enough, the home also comes with a newer furnace and water heater done in 2021, central AC in done in 2024, and an over sized two stall garage. Whether you’re looking to downsize, start out, or just simplify, this charming home is quite possibly a perfect option.

505 8th Avenue E, Alexandria

Listing courtesy of Real Estate by Jo, LLC.

$177,400

2 Beds ⋅ 1 Baths ⋅ 7114442 MLS

Corner lot charmer! This two bedroom plus office is so bright and inviting. Perfect for first time buyers or as an investment property. Brand new roof in 2025! Nestled in on a corner lot that is walking distance to everything! Don't miss out on this great opportunity for affordable living.

521 5th Avenue E, Alexandria

Listing courtesy of ALO Realty Advisors.

$179,900

2 Beds ⋅ 1 Baths ⋅ 7114089 MLS

Great things truly come in small packages! This beautifully remodeled 2-bedroom home offers a bright, open-concept living room and kitchen that create a spacious, welcoming feel. The functional kitchen features abundant cabinetry, a gas range, and a convenient breakfast bar that's perfect for casual dining or entertaining. Two comfortable bedrooms, main-level laundry, and a clean ¾ bath with modern finishes provide everyday convenience and style. Whether you're a first-time buyer ready to trade rent for homeownership, a remote professional looking for a place to call your own, or someone seeking an easy-to-maintain home without sacrificing comfort, this charming east-side Alexandria property is one you won't want to miss.

410 Quincy Street, Alexandria

Listing courtesy of Counselor Realty Inc of Alex.

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.