Alexandria Homes under $350,000

Welcome to Alexandria, Minnesota, a charming city nestled in Douglas County, where small-town warmth meets vibrant community spirit. Known for its stunning lakes, lush parks, and rich history, Alexandria is the perfect place for those seeking a serene lifestyle without sacrificing modern conveniences. With a population of around 13,000, this delightful city offers a strong sense of community, making it an ideal spot for families, retirees, and young professionals alike.

One of Alexandria's most appealing features is its picturesque landscape, dotted with over 300 lakes. Residents enjoy a plethora of outdoor activities, from fishing and boating in the summer to ice fishing and snowmobiling in the winter. The city also boasts an array of parks, trails, and recreational facilities, ensuring there’s always something to do, no matter the season.

For those looking to settle down in Alexandria, there’s fantastic news! The real estate market offers a variety of homes priced under $350,000, making it an accessible option for first-time buyers and those looking to downsize. From cozy single-family homes to charming townhouses, you’ll find a range of properties that cater to different tastes and lifestyles. Many of these homes feature modern amenities, spacious yards, and proximity to schools, shopping, and dining options.

Whether you’re drawn to the vibrant community, the stunning natural beauty, or the affordable housing options, Alexandria is a place where you can truly feel at home. Come explore what this delightful city has to offer, and discover the perfect place to create lasting memories!

Newest Alexandria Homes under $350,000

$120,000

5 Beds ⋅ 2 Baths ⋅ 7156691 MLS

Opportunity for the handy buyers with a vision! This solid home needs some work and TLC. It is rare to find such a large lot in town. The lot has a fenced in area, a circle driveway and with a little clearing of trees there could be access from the alley as well. The 24 x 24 detached garage is a bonus and the front porch adds to the charm of the home. The basement features a 1/4 bath and stairs to the outside. No one has lived in the house for over 3 years but the home has been heated during the winters. The roof, water heater and furnace are all newer but no one knows when they were installed.

406 8th Avenue E, Alexandria

Listing courtesy of Counselor Realty Inc of Alex.

$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..

$299,900

3 Beds ⋅ 3 Baths ⋅ 7149867 MLS

Enjoy low-maintenance living with a view! This updated 3BR, 3BA home is ideally located directly across the street from Lake Latoka Beach, giving you beautiful lake views and the opportunity to simply head across the street for a day of swimming, relaxing on the beach, or enjoying time by the water. The upper level welcomes you with a beautiful, spacious kitchen featuring a large center island—perfect for gathering, entertaining, and everyday living. You’ll also find a spacious primary on-suite with a private bath and large closet. Step outside onto the maintenance-free deck, take in the views of Lake Latoka, and enjoy having the beach practically at your doorstep. A mini-split provides added comfort throughout the seasons. The lower level offers an additional bedroom, 3/4 bath with a tiled, no-step shower, family room with electric fireplace, laundry area and storage under the stairs. With lawn care and snow removal taken care of for you, this home is all about easy living. Centrally located near the YMCA, downtown Alexandria, shopping, dining, and more—you can enjoy the convenience of being close to town while having Lake Latoka Beach right across the street. Grab your towel, head to the beach, and enjoy the lake lifestyle without the lakefront maintenance or lake property taxes!

2813 Latoka Beach Road NW, Alexandria

Listing courtesy of Central MN Realty LLC.

$274,900

4 Beds ⋅ 2 Baths ⋅ 7151033 MLS

This 4-bedroom, 2-bath home offers plenty of space, natural light, and opportunity to make it your own. The main level features three bedrooms, a spacious living room with large windows and a wood-burning fireplace. The white quartz countertops add a bright, modern touch to the kitchen. Downstairs, you’ll find the fourth bedroom, a massive family room with plenty of space for entertaining, hobbies, or additional living space, plus a large storage room. The attached one-stall garage is an impressive 48 feet deep, providing plenty of extra room for a workshop, storage, or recreational equipment. Out back, enjoy a nice patio area along with a handy storage shed that already has electricity connected. With great square footage and tons of potential, this home is ready for someone to bring their ideas and personal touches to life.

804 Cardinal Lane SW, Alexandria

Listing courtesy of Central MN Realty LLC.

$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.

$299,900

2 Beds ⋅ 2 Baths ⋅ 7143403 MLS

Enjoy easy, one-level living in the desirable 55+ Runestone Village association! This well-maintained townhome is part of a quiet 6 home association that features no steps, an open layout, vaulted ceilings and an abundance of natural light. The spacious primary bedroom offers an ensuite bath, while the main-level laundry adds convenience. The bright kitchen features a gas stove, an amazing amount of cabinets and plenty of counterspace for cooking and baking. Step outside to your private backyard patio, perfect for morning coffee. The insulated and heated garage offers year-round comfort and includes a generous 8x6 storage room. The low association fee includes exterior insurance, lawn care (mowing, trimming, irrigation, fertilizing), seal coating, snow removal, sanitation and guest parking. Conveniently located near downtown Alexandria shopping and restaurants, the Central Lakes Trail and area lakes.

2115 6th Avenue E, Alexandria

Listing courtesy of Realty ONE Group Choice.

$319,000

2 Beds ⋅ 2 Baths ⋅ 7147738 MLS

Currently under construction. 2026 One Level 1228 sq ft, Patio Home. 2 bedrooms, 2 bath, 1 car garage. This new home features vaulted ceilings, kitchen center island, LVP flooring, maintance free vinyl siding, primary suite with walk in closet, 3/4 bath, with walk in shower.

710 Prairie Lane SW, Alexandria

Listing courtesy of ERA Viking Realty.

$349,000

3 Beds ⋅ 2 Baths ⋅ 7147686 MLS

Currently under construction. 2026 One Level 1585 sq ft, Patio Home and end unit. 3 bedrooms, 2 bath, 2 car garage. This new home features vaulted ceilings, kitchen center island, LVP flooring, maintance free vinyl siding, walk in pantry, primary suite has 3/4 bath with dual sinks and walk in shower.

712 Prairie Lane SW, Alexandria

Listing courtesy of ERA Viking Realty.

$329,900

2 Beds ⋅ 2 Baths ⋅ 7146135 MLS

NEW CONSTRUCTION + AFFORDABLE HOMEOWNERSHIP! Don’t miss this opportunity to own a brand-new 2-bedroom, 1½-bath townhome featuring an inviting open floor plan, city water and sewer, and a 2-stall attached garage. Enjoy easy living with lawn care, snow removal and garbage included in the association dues. Plus, with available secondary financing, there is an opportunity for qualified buyers to have a loan amount on this property as low as $282,900, subject to buyer qualification and lender approval. Close to downtown, shopping and schools, this could be the opportunity you’ve been waiting for to make homeownership a reality! All buyers must meet applicable income guidelines.

1509 Nokomis Street, Alexandria

Listing courtesy of Central MN Realty LLC.

$329,900

2 Beds ⋅ 2 Baths ⋅ 7146114 MLS

1507 Nokomis Street, Alexandria

Listing courtesy of Central MN Realty LLC.

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