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7 Beds
3 Baths
1,890 sqft

$189,000

509 E 4th Street, Albert Lea MN, 56007

Price per sqft$100.00
Built in1888
Property size1,890 sqft
Property typeMulti-family
Courtesy of Coldwell Banker Realty - Lakes, Mike Wilen Listing Contact:

Overview

Active

Listed Oct 15, 2026

Updated 10h ago

Classic curb appeal and a versatile up-and-down duplex layout make this Albert Lea property an appealing opportunity for investors and owner-occupants alike. Situated on a quiet residential street, the property features an attractive front yard and a detached two-car garage, with local shopping, dining, and everyday conveniences within walking distance. Albert Lea Lake, area beaches, and the region’s outdoor recreation are also nearby, adding to the appeal of this established neighborhood setting. The two-unit configuration offers flexibility for generating rental income, expanding an investment portfolio, or living in one unit while renting the other. Tenants are responsible for electricity, while the owner covers all remaining utilities. With its practical amenities, convenient location, and flexible ownership potential, this duplex offers an opportunity to invest in Albert Lea real estate.

$1,257/mo

Est. mortgage payment based on a $189,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7160385

Interior Features

Bedrooms
7
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.21 Acres

Other Property Details

Taxes
$1,808
Tax Frequency
Annually
Garage
Yes
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Listings courtesy of Northstar MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jennifer Kyllonen shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 1:46 PM UTC on 10/15/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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