Active

Price cut: $5K (5/19)

$169,900

640 Marshall St, Albert Lea, MN 56007

6beds

3baths

2,178sqft

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Triplex

Built in 1888

-- sqft lot

$-- Zestimate^®

$78/sqft

$-- HOA

What's special

Take a look at this updated Triplex! You can move in to the main floor and rent the other 2 or rent out all 3! Everything has been updated so start making money right away! The main floor has 2 bedrooms 1 bath laundry, eat in kitchen and a good sized living room. There is 2 upstairs one is 2 bedroom 1 bath and the other is 1 bedroom 1 bath with shared laundry in the basement. Located near the beach! Take a look today!

139 days

154

6

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

Forced Air

Features

Basement: Block

Interior area

Total structure area: 2,854
Total interior livable area: 2,178 sqft
Finished area above ground: 2,178
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Detached Garage, Gravel
Garage spaces: 2
Details: Garage Dimensions (20x22)

Accessibility

Accessibility features: None

Features

Levels: Two

Lot

Size: 0.28 Acres
Dimensions: 169 x 94

Details

Foundation area: 676
Parcel number: 341870350
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

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: $78/sqft
Tax assessed value: $145,200
Annual tax amount: $2,464
Date on market: 2/26/2026

Estimated market value

Not available

Estimated sales range

Not available

$1,269/mo

Price history

Date	Event	Price
5/19/2026	Price change	$169,900-2.9%$78/sqft
Source: NorthstarMLS as distributed by MLS GRID #7027333 Report a problem
4/1/2026	Price change	$174,900-5.4%$80/sqft
Source: NorthstarMLS as distributed by MLS GRID #7027333 Report a problem
3/14/2026	Price change	$184,900-5.1%$85/sqft
Source: NorthstarMLS as distributed by MLS GRID #7027333 Report a problem
2/26/2026	Listed for sale	$194,900$89/sqft
Source: NorthstarMLS as distributed by MLS GRID #7027333 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,668 +10%	$145,200 +10.1%
2024	$2,426 +53.7%	$131,900 +6.9%
2023	$1,578 +6%	$123,400 +4.6%
2022	$1,488 -17.4%	$118,000 +78.2%
2021	$1,802	$66,200 +7.6%
2020	$1,802 +19.7%	$61,500
2019	$1,506	--
2018	$1,506 -9.7%	--
2016	$1,668 +8.9%	--
2015	$1,532 -0.1%	--
2014	$1,534 -15.5%	--
2012	$1,816	--
2011	--	--
2010	--	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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