Affordable duplex investment opportunity at 214 W College St in Albert Lea. This cash-flowing property offers two separate units, providing rental income from both sides and an excellent opportunity to build or expand a rental portfolio.
The property offers a practical layout, affordable price point, and established rental potential. Whether you're a first-time investor looking for an entry-level property or an experienced landlord adding another unit to your portfolio, this duplex offers the opportunity to generate income while building long-term equity.
Conveniently located near local amenities, schools, shopping, and downtown Albert Lea. An affordable duplex with income-producing potential is hard to beat.
Active with contingency
$94,900
214 W College St, Albert Lea, MN 56007
2beds
2baths
1,449sqft
Duplex Up and Down
Built in 1888
-- sqft lot
$-- Zestimate®
$65/sqft
$-- HOA
What's special
- 20 days
- 394
- 25
Zillow last checked:
Listing updated:
Listed by:
Dillon Robert Dale 507-995-8477,
eXp Realty,
Alyssa Dale 507-475-2731
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7154528
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Forced Air
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,297
- Total interior livable area: 1,449 sqft
- Finished area above ground: 1,449
- Finished area below ground: 0
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 7,666 Square Feet
- Dimensions: 75 x 103
Details
- Foundation area: 848
- Parcel number: 340071270
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Condition
- New construction: No
- Year built: 1888
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Morins Add
Location
- Region: Albert Lea
Financial & listing details
- Price per square foot: $65/sqft
- Tax assessed value: $84,500
- Annual tax amount: $1,548
- Date on market: 10/2/2026
- Cumulative days on market: 3 days
Estimated market value
Not available
Estimated sales range
Not available
$999/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Listed for sale | $94,900+5.6%$65/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7154528 Report a problem | ||
| 3/1/2025 | Listing removed | $89,900$62/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6629694 Report a problem | ||
| 11/21/2024 | Listed for sale | $89,900+114%$62/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6629694 Report a problem | ||
| 9/4/2024 | Sold | $42,000-14.3%$29/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6579977 Report a problem | ||
| 8/20/2024 | Pending sale | $49,000$34/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6579977 Report a problem | ||
| 8/8/2024 | Listed for sale | $49,000+15%$34/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6579977 Report a problem | ||
| 5/31/2019 | Sold | $42,600-14.6%$29/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5214926 Report a problem | ||
| 5/8/2019 | Pending sale | $49,900$34/sqft |
Source: RE/MAX Properties #5214926 Report a problem | ||
| 4/16/2019 | Listed for sale | $49,900$34/sqft |
Source: RE/MAX Properties #5214926 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,430 +10.5% | $84,500 +21.9% |
| 2024 | $1,294 +17.4% | $69,300 +7.6% |
| 2023 | $1,102 +7% | $64,400 +0.3% |
| 2022 | $1,030 +0.4% | $64,200 +38.1% |
| 2021 | $1,026 | $46,500 +8.9% |
| 2020 | $1,026 -25.2% | $42,700 |
| 2019 | $1,372 | -- |
| 2018 | $1,372 -10% | -- |
| 2016 | $1,524 +104.3% | -- |
| 2015 | $746 | -- |
| 2014 | $746 -16.2% | -- |
| 2012 | $890 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 56007
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