Albert Lea MN Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
2,297
Status:
Active
Beds:
n/a
Year built:
1888
Baths:
MLS#:
6629694
Subdivision:
Morins Add

ADDITIONAL INFORMATION

Here is a solid investment opportunity in the heart of Albert Lea — a charming duplex featuring two 1-bedroom, 1-bath units. Both units are move-in ready, making this property ideal for generating rental income or for owner-occupants seeking to offset their mortgage by living in one unit and renting the other. Each unit offers a comfortable layout with well-maintained spaces. Located close to downtown amenities, this duplex combines convenience with versatility. Don’t miss out on this fantastic property!

Type:
Duplex
Sq.Ft.:
2,430
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
6630353
Subdivision:
Home Add

ADDITIONAL INFORMATION

This north side duplex would make a great investment property. Nice spacious 1 bedroom apartments with hardwood floors. Both units have good size kitchens, and bedroom, and living rooms. Tenants pay electric and gas. Laundry facilities separate for both units. 2 stall detached garage for parking. Within minutes of easy interstate access to I90 and I35. Don' t hesitate on this investment and let it slip away!!!!

Type:
Duplex
Sq.Ft.:
2,970
Status:
Active
Beds:
n/a
Year built:
1888
Baths:
MLS#:
6629462

ADDITIONAL INFORMATION

This charming duplex boasts timeless curb appeal, offering a tranquil country living experience within reach of modern amenities. Situated in walking distance to local conveniences, it's also conveniently close to the beautiful Albert Lea Lake beaches and renowned natural attractions. The property includes a 2-car garage and a welcoming front yard, perfect for gatherings. Tenants are responsible for electricity, while the owner covers all other utilities, simplifying the living experience. Enjoy the best of both worlds – the serenity of the countryside and the comfort of modern living in this Albert Lea duplex.

Type:
Duplex
Sq.Ft.:
2,184
Status:
Active
Beds:
n/a
Year built:
1916
Baths:
MLS#:
6616190

ADDITIONAL INFORMATION

Well maintained duplex close to downtown and Fountain Lake. One bedroom, 1 bath units with separate entrances and utilities. Call today for a showing!

Type:
Duplex
Sq.Ft.:
1,637
Status:
Active
Beds:
n/a
Year built:
1892
Baths:
MLS#:
6533906
Subdivision:
Railroad Add

ADDITIONAL INFORMATION

Type:
Cluster
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
6314430
Subdivision:
Morins Add

ADDITIONAL INFORMATION

Side by side duplex, with large spacious rooms on a corner lot. Both units have three bedrooms and a deck. Great opportunity to make instant income with both units currently leased. Call today for your private showing!

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2025, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved




Albert Lea Real Estate

The median home value in Albert Lea, MN is $161,000. This is higher than the county median home value of $158,100. The national median home value is $338,100. The average price of homes sold in Albert Lea, MN is $161,000. Approximately 65.71% of Albert Lea homes are owned, compared to 25.55% rented, while 8.74% are vacant. Albert Lea real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Albert Lea real estate agent to arrange a tour today!

Albert Lea, Minnesota has a population of 18,433. Albert Lea is less family-centric than the surrounding county with 23.74% of the households containing married families with children. The county average for households married with children is 25.36%.

The median household income in Albert Lea, Minnesota is $51,047. The median household income for the surrounding county is $59,862 compared to the national median of $69,021. The median age of people living in Albert Lea is 43.6 years.

Albert Lea Weather

The average high temperature in July is 81.2 degrees, with an average low temperature in January of 5 degrees. The average rainfall is approximately 34.3 inches per year, with 38.7 inches of snow per year.

Albert Lea Real Estate Market Conditions

  • Median sales price

    $161,000
    11.6% change since last quarter
  • # Active listings

    85
    30-day change

Albert Lea Schools and Demographics

Education near Albert Lea, MN

Metric City County
High School Graduates 84.68 88.23
College Degree - 2 year 13.4 14.24
College Degree - 4 year 16.15 16.76
Graduate Degree 2.81 3.22
Expenditures per Student 18,349 18,349
Students per Teacher 15 15

Elementary Schools near Albert Lea, MN

School Grades Students P/T Ratio ZIP
Alden-Conger Elementary School PK - 06 269 12.8 56009
Banfield Elementary School 01 - 04 496 13.8 55912
Glenville Emmons Elementary School PK - 06 137 11.7 56036
Halverson Elementary School KG - 05 364 11.7 56007
Hawthorne Elementary School KG - 05 399 13.9 56007
Lakeview Elementary School KG - 05 415 12.6 56007
Neveln Elementary School 01 - 04 343 13.8 55912
Nrheg Elementary School PK - 05 438 13.1 56026
Sibley Elementary School KG - 05 362 14.2 56007
Southgate Elementary School 01 - 04 453 13 55912
Sumner Elementary School 01 - 04 235 12.1 55912
Woodson Kindergarten Center PK - KG 384 17.9 55912

Middle Schools near Albert Lea, MN

School Grades Students P/T Ratio ZIP
Ellis Middle School 05 - 08 689 15.2 55912
I.J. Holton Intermediate School 05 - 06 701 16.3 55912
Southwest Middle School 06 - 07 483 14.2 56007

High Schools near Albert Lea, MN

School Grades Students P/T Ratio ZIP
Albert Lea Senior High School 08 - 12 1,124 17.3 56007
Alden-Conger Secondary School 07 - 12 230 15.7 56009
Austin Senior High School 09 - 12 1,290 16.9 55912
Glenville-Emmons Secondary School 07 - 12 86 10.1 56036

Ungraded Schools near Albert Lea, MN

School Grades Students P/T Ratio ZIP
* Austin Area Learning Cntr. - Summer 09 - 12 0 55912
Albert Lea Area Learning Center 06 - 12 134 23.5 56007
Austin Area Learning Center 06 - 12 95 35.1 55912
Austin Community Learning Center PK - 12 73 3.8 55912
Brookside Early Childhood SP. EDU. PK - PK 82 40.4 56007
Fountain Center 05 - 12 4 3.3 56007
Hayward Group Home 05 - 12 5 3.1 56007
Horizon Program KG - 12 30 8 55912
New Dominion Academy KG - 12 88 55912

Demographics near Albert Lea, MN

Metric City County
Neighborhood Type Suburban
Population 18,433 30,882
Population Density 1,400 44
Median Age 43.6 43.7
People per Household 2.3 2.4
Median Household Income 51,047 59,862
Average Income per Capita 30,058 32,760