Closed

$76,000

601 W Fountain St, Albert Lea, MN 56007

5beds

2baths

1,582sqft

Multi Family

Built in 1902

-- sqft lot

$104,900 Zestimate^®

$48/sqft

$1,245 Estimated rent

Home value

$104,900

Estimated sales range

Not available

$1,245/mo

Zestimate^® history

Owner options

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$1,245/mo

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$1,245/mo

Rent Zestimate^®

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$388/mo

Est. payment

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$388/mo

Est. payment

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What's special

Cash flowing duplex now available. All leases on month to month lease. Double garage in back utilized by tenants. Tenants pay for electric, separately metered electric as well as gas. Currently owner pays for gas and city bill of water, sewer and garbage removal. Unit 601 has access to basement which has laundry facilities. Each unit has one parking space at back of property. Owner prefers to sell 601 Fountain together with 605 W Fountain at once and will provide discount for this to buyer.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2

Heating

Baseboard

Appliances

Laundry: Other

Features

Basement: Unfinished

Interior area

Total structure area: 1,582
Total interior livable area: 1,582 sqft
Finished area above ground: 1,582
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Gravel
Garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: Two
Fencing: None

Lot

Size: 6,098 Square Feet
Dimensions: 46.3 x 132.5
Features: Tree Coverage - Medium

Details

Foundation area: 791
Parcel number: 340060140
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Post and Beam
Roof: Asphalt

Condition

New construction: No
Year built: 1902

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: $48/sqft
Annual tax amount: $1,962
Date on market: 9/26/2024
Cumulative days on market: 26 days
Tenant pays: Broadband, Cable TV, Electricity

Price history

Date	Event	Price
9/28/2025	Listing removed	$895$1/sqft
Source: Zillow Rentals Report a problem
9/9/2025	Listed for rent	$895$1/sqft
Source: Zillow Rentals Report a problem
10/31/2024	Sold	$76,000-23.9%$48/sqft
Source: NorthstarMLS as distributed by MLS GRID #6606613 Report a problem
10/22/2024	Pending sale	$99,900$63/sqft
Source: NorthstarMLS as distributed by MLS GRID #6606613 Report a problem
10/14/2024	Price change	$99,900-9.2%$63/sqft
Source: RASM #7035999 Report a problem
9/25/2024	Listed for sale	$110,000$70/sqft
Source: RASM #7035999 Report a problem