1506 Elm Street Albert Lea, MN $ 275,000
1506 Elm Street
$ 275,000
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1506 Elm Street

Albert Lea, MN, 56007
$ 275,000
Bedrooms5 Baths2.1 Sq 2,584

Monthly Estimate*

$ 1,899

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Single Family Home for sale in Albert Lea, MN

for $275,000 with 5 bedrooms and 2 full baths, 1 half bath. This 2,584 square foot home was built in 1964 on a lot size of 0.34.

Looking for a large lot with city amenities and a country feel? Welcome to 1506 Elm St. This 5-bedroom, 3-bath home has plenty of space inside and out. The main level features a large living room with a gas fireplace and a large window overlooking the front yard, a dining room, and a spacious kitchen with access to the deck. Upstairs you’ll find three bedrooms, including the primary bedroom with a private half bath, along with a full bathroom. The walkout lower level offers a family room, two additional bedrooms, and a 3/4 bath, with direct access to the backyard. The basement provides plenty of room for storage or the potential for additional finished space. Outside, the large backyard offers plenty of room to enjoy, along with a shed for additional storage. If you’re looking for some extra space while still being close to everything in town, this one is worth a look. Schedule your showing today!

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Single Family Active

Price

$ 275,000

Bedrooms

5

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 3,326

Style

Single Family

Lot Size

0.34

Year Built

1964

Town/City

Albert Lea

County/Region

Freeborn

MLS | Web ID

7128574

Features
General
Living Area 2584
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age Over 8 Years
Appliances Dishwasher Disposal Dryer Water Filtration System Microwave Range Refrigerator Washer Water Softener Owned
HOA Fee 0
Garage Spaces 2
Pool Features None
Construction Materials Block Frame
Year Built 1964
Electric Circuit Breakers
Levels Four or More Level Split
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Freeborn
New Construction N
Property Type Residential
HOA N
Contingency None
Subdivision Name Elmwood Terrace Sub
Other Structures Storage Shed
Full Baths 1
Directions Richway Drive West to 740th Avenue then left on Elm home is on the right.
City Albert Lea
High School District Albert Lea
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 3326
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s) Deck Kitchen Window
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Interior
Basement Block Unfinished
Total Fireplaces 1
Fireplace Features Gas Insert Living Room
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 1400
Half Baths 1
1/4 Baths 0
3/4 Baths 1
Laundry Features In Basement Electric Dryer Hookup Washer Hookup
Total Bedrooms 5
Below Grade Finished Area 1184
Total Baths 3
Bath Desc 1/2 Primary 3/4 Basement Upper Level Full Bath
Dining Room Description Living/Dining Room
Fuel Natural Gas
Garage Dimensions 20x26
Garage Square Feet 520
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Exterior
Fencing None
Parking Features Attached Garage Concrete Electric Garage Door Opener
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.34
Building Area Total 2752
Lot Dimensions 108x144
Waterfront Y/N N
Foundation Area 1352
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1506
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* Excluded Features
List By
Re/Max Advantage Plus

Broker

davidbauerrealtor@gmail.com

Email

Affordability Calculator

$2,177
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,899
Monthly Property Taxes
$277
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
9/8/2026$275,000 -3.51% Price Down
8/24/2026$285,000 Listed Price

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1506 Elm Street, Albert Lea, MN, 56007 is a Single Family Home for sale at $275,000 with 2,584 sqft and a lot size of 0.34. 1506 Elm Street has 5 bedrooms, 2.1 baths, and was built in 1964. The property's zip code is 56007 which is in Albert Lea, MN