This charming up-down duplex in Albert Lea offers timeless curb appeal and a versatile opportunity for both investors and owner-occupants. Ideally located within walking distance of local shops, dining, and everyday conveniences, the property is also just minutes from Albert Lea Lake’s scenic beaches and well-loved recreational amenities. The home features a well-maintained exterior, a spacious front yard ideal for relaxing or outdoor gatherings, and a detached 2-car garage providing valuable storage and off-street parking. Both units enjoy the comfort of a quiet residential setting with a peaceful, small-town feel while remaining conveniently close to everything Albert Lea has to offer. Whether you’re looking to generate rental income, expand your investment portfolio, or live in one unit while offsetting expenses with the other, this duplex presents a compelling combination of character, flexibility, and location.
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
Timeless curb appealWell-maintained exterior
- 239 days
- 103
- 4
Zillow last checked:
Listing updated:
Listed by:
Mike Wilen 612-400-9000,
Coldwell Banker Realty - Lakes
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7004302
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
- 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: 1/2/2026
- Cumulative days on market: 474 days
Estimated market value
Not available
Estimated sales range
Not available
$1,127/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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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