Classic curb appeal and a versatile up-and-down duplex layout make this Albert Lea property an appealing opportunity for investors and owner-occupants alike. Situated on a quiet residential street, the property features an attractive front yard and a detached two-car garage, with local shopping, dining, and everyday conveniences within walking distance. Albert Lea Lake, area beaches, and the region’s outdoor recreation are also nearby, adding to the appeal of this established neighborhood setting. The two-unit configuration offers flexibility for generating rental income, expanding an investment portfolio, or living in one unit while renting the other. Tenants are responsible for electricity, while the owner covers all remaining utilities. With its practical amenities, convenient location, and flexible ownership potential, this duplex offers an opportunity to invest in Albert Lea real estate.
Active
$189,000
509 E 4th St, Albert Lea, MN 56007
7beds
3baths
1,890sqft
Duplex Up and Down
Built in 1888
-- sqft lot
$-- Zestimate®
$100/sqft
$-- HOA
What's special
Detached two-car garageAttractive front yardClassic curb appealVersatile up-and-down duplex layoutQuiet residential street
- 13 hours
- 40
- 5
Zillow last checked:
Listing updated:
Listed by:
Mike Wilen 612-400-9000,
Coldwell Banker Realty - Lakes
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7160385
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
Heating
- Forced Air
Features
- Basement: Full
Interior area
- Total structure area: 2,970
- Total interior livable area: 1,890 sqft
- Finished area above ground: 1,890
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Asphalt, Storage, Unassigned
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 9,147 Square Feet
- Dimensions: 197 x 55
Details
- Foundation area: 1080
- Parcel number: 1
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1888
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Location
- Region: Albert Lea
Financial & listing details
- Price per square foot: $100/sqft
- Tax assessed value: $112,700
- Annual tax amount: $1,808
- Date on market: 10/15/2026
- Cumulative days on market: 492 days
Estimated market value
Not available
Estimated sales range
Not available
$1,171/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2026 | Listed for sale | $189,000$100/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7160385 Report a problem | ||
| 10/15/2026 | Listing removed | $189,000$100/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7004302 Report a problem | ||
| 1/2/2026 | Listed for sale | $189,000$100/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7004302 Report a problem | ||
| 1/2/2026 | Listing removed | $189,000$100/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6736360 Report a problem | ||
| 6/10/2025 | Listed for sale | $189,000$100/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6736360 Report a problem | ||
| 6/2/2025 | Listing removed | $189,000$100/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6629462 Report a problem | ||
| 11/11/2024 | Listed for sale | $189,000$100/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6629457 Report a problem | ||
| 7/26/2024 | Listing removed | $189,000$100/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6523303 Report a problem | ||
| 4/22/2024 | Listed for sale | $189,000$100/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6523303 Report a problem | ||
| 4/2/2024 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6476029 Report a problem | ||
| 1/10/2024 | Listed for sale | $189,000$100/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6476029 Report a problem | ||
| 1/9/2024 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6320375 Report a problem | ||
| 1/4/2023 | Listed for sale | $189,000$100/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6320375 Report a problem | ||
| 1/2/2023 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6223358 Report a problem | ||
| 6/24/2022 | Listed for sale | $189,000+139.2%$100/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6223358 Report a problem | ||
| 1/2/2013 | Listing removed | $79,000$42/sqft |
Source: RE/MAX Properties #4034429 Report a problem | ||
| 1/28/2012 | Listed for sale | $79,000+1.3%$42/sqft |
Source: RE/MAX Properties #4034429 Report a problem | ||
| 8/17/2006 | Sold | $78,000$41/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,552 +8.8% | $112,700 |
| 2024 | $2,346 +10.2% | $112,700 +7.4% |
| 2023 | $2,128 +17.7% | $104,900 +4.3% |
| 2022 | $1,808 -12.8% | $100,600 +42.5% |
| 2021 | $2,074 | $70,600 +12.8% |
| 2020 | $2,074 +16.1% | $62,600 |
| 2019 | $1,786 | -- |
| 2018 | $1,786 +11.2% | -- |
| 2016 | $1,606 +3.3% | -- |
| 2015 | $1,554 -0.5% | -- |
| 2014 | $1,562 -5.9% | -- |
| 2012 | $1,660 | -- |
| 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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