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Listed price in listed location currency (USD).
$275,000

640

MLS® 7009918

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2636 sqft
Garage No
Taxes $1,940
Lot Size 
Approx. Age 1940
Avg. Price Per Sqft $104
MLS® Number 7009918

Property Address: 525 W Main St, Albert Lea, MN, 56007-2638

Average square foot calculated using Size range provided by listing agent.

Description

Amazing income property that is basically brand new. A fire across the street led to hundreds of thousands of dollars in repairs (far more than the property is being sold for.) The lot acrtoss the street where the fire was is a City Owned lot now. Thius property is right on the new sharded user path the County is developing. This property has 4 units. A huge 3 bedroom apartment on the upper level with a nice new deck out front, 2 one bedrooms units on the main level each with their own private decks and a deteched studio apartment with an attached garage. All for less than $69k a door. The repairs after the fire across the street made the property perfect. The new park and bike path across the street will make the location pretty amazing!
MLS® Number7009918
Laundry LevelIn Basement, Common Area, Laundry Room
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1940
BasementFull
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
-Sold Price

Pending

Jan 17, 2026List Date
$275,000List Price
  • Commute

Commute

Starting Address
Destination Address
525 W Main St, Albert Lea, MN

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