1602/ 1604 Front Street W Albert Lea, MN ^$ 250,000

1602/ 1604 Front Street W

^$ 250,000

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1602/ 1604 Front Street W

Albert Lea, MN, 56007

^$ 250,000

Bedrooms4 Baths2.0 Sq 2,642

Monthly Estimate*

^$ 1,727

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Multi-Family Home for sale in Albert Lea, MN

for $250,000 with 4 bedrooms and 2 full baths. This 2,642 square foot home was built in 1959 on a lot size of 0.21.

Two family side by side duplex with 2 bedrooms and 1 full bath on each side. Steel siding. Two stall garage with one additional carport. Windows have been replaced. Wall ovens, cook tops, refrigerators, washers, and dryers all remain with sale of property. Great location close to schools, shopping, and convenience store.

Multi-Family Active

Price

^$ 250,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,816

Style

Duplex Side by Side

Lot Size

0.21

Year Built

1959

Town/City

Albert Lea

County/Region

Freeborn

MLS | Web ID

7130890

Features

General

Living Area 2642

Sewer City Sewer/Connected

Heating Forced Air

Roof Age Over 8 Years Asphalt Pitched

Garage Spaces 2

Year Built 1959

Electric Fuses

Tenant Pays Electricity Gas Heat Trash Collection

Levels One

Property Subtype Duplex Side by Side

Tax Year 2026

Gross Income 14400

Accessibility None

County Freeborn

Net Operating Income 8200

Operating Expense 8956

Insurance Expense 2215.31

New Construction N

Property Type Residential Income

Contingency None

MaintenanceExpense 1315

Directions From intersection of W Main Street and Hwy #69 So. Albert Lea Follow Hwy #69 So. to Front Street. Left on Front Street to 1602/ 1604 Front Street W on left side of street.

City Albert Lea

High School District Albert Lea

Zoning Description Residential-Multi-Family

Number Of Units Total 2

Lot Size Units Acres

Carport Spaces 1

Land Lease Y/N N

Tax Annual Amount 4816

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 676.41

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Interior

Basement Block Full Partially Finished

Basement (Y/N) Y

Above Grade Finished Area 1992

Laundry Features In Basement

Total Bedrooms 4

Below Grade Finished Area 650

Total Baths 2

Foundation Dimensions 32 x 66

Fuel Natural Gas

Garage Dimensions 24 x 24

Garage Square Feet 576

Exterior

Parking Features Carport Detached Garage Concrete Garage Door Opener

Water Source City Water/Connected

Lot Size Area 0.21

Building Area Total 3984

Lot Dimensions 82 x 110

Waterfront Y/N N

Foundation Area 2112

Road Frontage Type City Street

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 1602

* Excluded Features

List By

Century 21 Atwood

Broker

rick.mummert@gmail.com

Affordability Calculator

$2,128

Per Month

Monthly Principal & Interest: $1,727
Monthly Property Taxes: $401
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Albert Lea, MN

Average List Price ^$179,840

Percent of Sale Price 28%

About Albert Lea, MN

17,794 Population

-4% Since 2002

^$44,096 Median Income

43.27 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708674 Elementary School

708663 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/24/2026	$250,000		Listed Price

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1602/ 1604 Front Street W, Albert Lea, MN, 56007 is a Multi-Family Home for sale at $250,000 with 2,642 sqft and a lot size of 0.21. 1602/ 1604 Front Street W has 4 bedrooms, 2.0 baths, and was built in 1959. The property's zip code is 56007 which is in Albert Lea, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/17/2026.

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1602/ 1604 Front Street W

Multi-Family Home for sale in Albert Lea, MN

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