Welcome to a rare opportunity property with tons of square footage and a large lot located in the heart of Albany! Whether you're looking for a spacious single-family home or envision a lucrative investment as a multi-family property (2 units or less), this versatile space is ready to meet your needs.
What truly sets this property apart are the clear spanning trusses/rafters, offering infinite options for different layouts. Reimagine the interior to suit your vision—be it a grand family residence, rental units, a home with an in-law suite, or even a mixed-use concept.
Don't miss your chance to own a piece of prime Albany real estate with unmatched flexibility and potential.
Active
$99,900
641 Forest Ave, Albany, MN 56307
3beds
4,986sqft
Single Family
Built in 1965
0.29 Acres Lot
$-- Zestimate®
$20/sqft
$-- HOA
What's special
Large lot
- 217 days |
- 353 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Jacob Imdieke 320-491-7157,
Central MN Realty LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7011414
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None
Cooling
- None
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 4,986
- Total interior livable area: 4,986 sqft
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.29 Acres
- Dimensions: 100 x 100
Details
- Foundation area: 4986
- Parcel number: 40254630000
- Zoning description: Residential-Multi-Family,Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Townsite Of Albany
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Price per square foot: $20/sqft
- Tax assessed value: $49,300
- Annual tax amount: $1,952
- Date on market: 1/21/2026
- Cumulative days on market: 245 days
Estimated market value
Not available
Estimated sales range
Not available
$1,286/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/21/2026 | Listed for sale | $99,900-9.1%$20/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7011414 Report a problem | ||
| 12/15/2025 | Listing removed | $109,900$22/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6736131 Report a problem | ||
| 10/13/2025 | Price change | $109,900-8.3%$22/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6736131 Report a problem | ||
| 6/14/2025 | Listed for sale | $119,900+99.8%$24/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6736131 Report a problem | ||
| 6/13/2022 | Sold | $60,000+71.4%$12/sqft |
Source: Public Record Report a problem | ||
| 5/9/2022 | Sold | $35,000+79.5%$7/sqft |
Source: Public Record Report a problem | ||
| 2/20/2013 | Sold | $19,500$4/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $648 -67.3% | $49,300 -2% |
| 2024 | $1,984 +1.3% | $50,300 +3.7% |
| 2023 | $1,958 +1.6% | $48,500 +5.7% |
| 2022 | $1,928 | $45,900 |
| 2021 | $1,928 -20.5% | $45,900 -1.5% |
| 2020 | $2,426 | $46,600 -0.9% |
| 2019 | $2,426 +269.8% | $47,000 +12.2% |
| 2018 | $656 +8.6% | $41,900 +1% |
| 2017 | $604 -2.3% | $41,500 |
| 2016 | $618 | -- |
| 2015 | $618 | -- |
| 2014 | $618 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 56307
Nearby schools
GreatSchools rating
- 8/10Albany Elementary SchoolGrades: 1-5Distance: 0.7 mi
- 7/10Albany Area Middle SchoolGrades: 6-8Distance: 0.6 mi
- 10/10Albany Senior High SchoolGrades: 9-12Distance: 0.6 mi
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A local agent can set up tours, give advice and negotiate with sellers.
