221 N 3rd Avenue Albert Lea, MN $ 169,900
221 N 3rd Avenue
$ 169,900
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221 N 3rd Avenue

Albert Lea, MN, 56007
$ 169,900
Bedrooms3 Baths2.0 Sq 1,990

Monthly Estimate*

$ 1,173

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Multi-Family Home for sale in Albert Lea, MN

for $169,900 with 3 bedrooms and 2 full baths. This 1,990 square foot home was built in 1908 on a lot size of 0.184.

Spacious up-and-down duplex located on a corner lot. Each unit offers comfortable living space with separate entrances, making it ideal for owner-occupants or investors. Property features a 1 bedroom, 1 bath main level unit with a 2 bedroom, 1 bath upper unit. Detached 2 stall garage. Schedule your showing today.

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Multi-Family Active

Price

$ 169,900

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,426

Style

Duplex Up and Down

Lot Size

0.184

Year Built

1908

Town/City

Albert Lea

County/Region

Freeborn

MLS | Web ID

7035715

Features
General
Living Area 1990
Sewer City Sewer/Connected
Heating Boiler
Roof Age Over 8 Years Asphalt
Garage Spaces 2
Year Built 1908
Electric Fuses
Levels Two
Property Subtype Duplex Up and Down
Tax Year 2025
Gross Income 20700
Accessibility None
County Freeborn
Operating Expense 4288
Insurance Expense 2500
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 1000
Subdivision Name Morins Add
Directions I-35 south to highway 65 south Right turn on Marshall st left turn on Bridge Ave. Right turn on Fountain St. E left turn on Third Ave N.
City Albert Lea
High School District Albert Lea
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 1426
Electric Expense 25
Fuel Expense 1550
Trash Expense 325
Water Sewer Expense 919
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Block Unfinished
Basement (Y/N) Y
Above Grade Finished Area 1990
Laundry Features In Basement In Unit
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 2
Foundation Dimensions 20x42
Fuel Natural Gas
Garage Dimensions 24x26
Garage Square Feet 624
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Exterior
Parking Features Detached Garage
Lot Features Corner Lot
Water Source City Water/Connected
Lot Size Area 0.184
Building Area Total 1960
Lot Dimensions 66x122
Waterfront Y/N N
Foundation Area 980
Road Frontage Type City Street
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Internal Only
Street Number 1 221
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* Excluded Features
List By
Robert Hoffman Realty Inc.

Broker

daniel@roberthoffmanrealty.com

Email

Affordability Calculator

$1,292
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,173
Monthly Property Taxes
$119
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708674 Elementary School
708663 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/12/2026$169,900 Listed Price

Map


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221 N 3rd Avenue, Albert Lea, MN, 56007 is a Multi-Family Home for sale at $169,900 with 1,990 sqft and a lot size of 0.184. 221 N 3rd Avenue has 3 bedrooms, 2.0 baths, and was built in 1908. The property's zip code is 56007 which is in Albert Lea, MN