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  • $167,300

    712 Madison Ave, Albert Lea, MN 56007

    4beds
    3baths
    2,862sqft
    Multi Family
    Built in 1929
    -- sqft lot
    $167,300 Zestimate®
    $58/sqft
    $1,077 Estimated rent

    Home value

    $167,300

    $151,000 - $184,000

    $1,077/mo

    Zestimate® history
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    Owner options

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    $1,077/mo

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    $1,077/mo

    Rent Zestimate®

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    $855/mo

    Est. payment

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    $855/mo

    Est. payment

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    What's special

    Spacious yardDelightful decksGas metersNewer windowsSeparate electricCentral heating

    Are you eager to invest in real estate? Look no further! Here's a remarkable opportunity to own a duplex investment property that caters to your needs. Live in one unit while renting out the other, enjoying the benefits of separate electric and gas meters. Both units feature 2 bedrooms, complete with essential amenities such as a refrigerator, stove, washer, dryer, central heating, and air conditioning. This well-maintained property also offers attached tuck-under garages, a spacious yard, delightful decks, and newer windows. Don't miss out on this chance! Schedule a visit today and explore the possibilities it holds for you. Owners would consider a possible contract for deed.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeremy Carolan 507-438-4290,

    Carolan Homes

    Bought with:

    Jeremy Carolan

    Carolan Homes

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6377310MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Forced Air
    Features
    • Basement: Block,Daylight,Full,Walk-Out Access
    Interior area
    • Total structure area: 2,862
    • Total interior livable area: 2,862 sqft
    • Finished area above ground: 1,781
    • Finished area below ground: 1,081

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Attached, Gravel, Garage Door Opener, Insulated Garage, Tuckunder Garage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (20x35)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Patio & porch: Deck
    • Pool features: None
    • Fencing: Partial,Wood
    Lot
    • Size: 10,018 sqft
    • Dimensions: 100 x 100
    • Features: Tree Coverage - Light
    Details
    • Foundation area: 1781
    • Parcel number: 340141080
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Age Over 8 Years,Asphalt,Pitched
    Condition
    • New construction: No
    • Year built: 1929

    Utilities & green energy

    • Electric: Fuses, Service - 60 Amp, Power Company: Freeborn - Mower Cooperative Services
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Albert Lea
    • Subdivision: Railroad Add

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/30/2023Sold$151,000-2.6%$53/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6377310 Report a problem
    6/17/2023Pending sale$155,000$54/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6377310 Report a problem
    6/1/2023Listed for sale$155,000+42.2%$54/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6377310 Report a problem
    12/8/2021Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #5702600 Report a problem
    3/12/2021Sold$109,000-5.2%$38/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5702600 Report a problem
    2/19/2021Pending sale$114,980$40/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5702600 Report a problem
    2/9/2021Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #5702600 Report a problem
    2/5/2021Price change$114,980-14.8%$40/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5702600 Report a problem
    1/22/2021Price change$135,000-10%$47/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5702600 Report a problem
    1/19/2021Listed for sale$150,000$52/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5702600 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,054 +10.9%$162,400 +58.3%
    2024$1,852 -2%$102,600 +7.8%
    2023$1,890 +8%$95,200 +0.4%
    2022$1,750 -9.9%$94,800 +13.8%
    2021$1,942 $83,300 +9.5%
    2020$1,942 +16%$76,100
    2019$1,674 --
    2018$1,674 +16.7%--
    2016$1,434 +1.1%--
    2015$1,418 -0.8%--
    2014$1,430 -26.5%--
    2012$1,946 --
    2011-- --
    2010-- --

    Find assessor info on the county website

    Neighborhood: 56007

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
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    $167,300
    2% more
    +$3,346
    With Zillow Showcase(estimated)
    $170,646