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  • Price cut: $10K (7/24)
    $109,900

    1405 S Broadway Ave, Albert Lea, MN 56007

    2beds
    1,102sqft
    : 
    $771/mo
    Get pre-qualified
    Single Family
    Built in 1923
    0.25 Acres Lot
    $120,100 Zestimate®
    $100/sqft
    $-- HOA

    What's special

    This solid 2-bedroom, 1-bath home is a fantastic blank canvas primed for your creative vision and personal updates! Boasting low-maintenance vinyl siding and vinyl windows, the exterior and structural elements offer a wonderful head start. Step inside through the charming, window-wrapped front porch—perfect for a sunroom or cozy entryway—into a functional main-floor layout. The inviting living room flows effortlessly into an informal dining area, offering a great footprint for daily living. While the interior is in need of a deep clean and cosmetic rejuvenation, it represents a remarkable opportunity for buyers looking to build instant equity. Complete with a detached single-stall garage, this diamond in the rough is priced to sell and ready for its next chapter! Please note: Due to the deferred maintenance on the garage, this property is being sold as-is and will require cash or conventional financing only.
    10 days
    |
    627
    |
    31
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Evans 507-461-3790,

    Realty ONE Group Black Diamond

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7110653MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom
      • Level: Main
      • Area: 110 Square Feet
      • Dimensions: 10x11
      Bedroom 2
      • Level: Main
      • Area: 110 Square Feet
      • Dimensions: 10x11
      Bathroom
      • Level: Main
      • Area: 56 Square Feet
      • Dimensions: 7x8
      Dining room
      • Level: Main
      • Area: 132 Square Feet
      • Dimensions: 11x12
      Kitchen
      • Level: Main
      • Area: 99 Square Feet
      • Dimensions: 9x11
      Living room
      • Level: Main
      • Area: 132 Square Feet
      • Dimensions: 11x12
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Laundry: In Basement
      Features
      • Basement: Block,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,918
      • Total interior livable area: 1,102 sqft
      • Finished area above ground: 1,102
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached Garage
      • Garage spaces: 1
      • Details: Garage Dimensions (12x18)
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Front Porch
      Lot
      • Size: 0.25 Acres
      • Dimensions: 66 x 165
      Details
      • Foundation area: 816
      • Parcel number: 340530020
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1923

      Utilities & green energy

      • Electric: Circuit Breakers, Power Company: Freeborn - Mower Cooperative Services
      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Armstrongs Sub
      HOA
      • Has HOA: No
      Location
      • Region: Albert Lea

      Financial & listing details

      • Price per square foot: $100/sqft
      • Tax assessed value: $87,900
      • Annual tax amount: $526
      • Date on market: 7/16/2026

        Estimated market value

        $120,100

        $114,000 - $126,000

        $1,260/mo

        Price history

        DateEventPrice
        7/24/2026Price change$109,900-8.3%$100/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7110653 Report a problem
        7/16/2026Listed for sale$119,900+118%$109/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7110653 Report a problem
        3/20/2008Sold$55,000$50/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$340 +9.7%$87,900 +51%
        2024$310 -16.2%$58,200 +8%
        2023$370 +3.9%$53,900 +23.3%
        2022$356 -0.6%$43,700 -3.5%
        2021$358 $45,300 +9.2%
        2020$358 -11.8%$41,500
        2019$406 --
        2018$406 -14%--
        2016$472 +3.1%--
        2015$458 -0.9%--
        2014$462 -36%--
        2012$722 --
        2011-- --
        2010-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 56007

        Getting around

        50 / 100
        Somewhat Walkable
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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