$189,000
509 4th Street Albert Lea, MN 56007
For Sale MLS# 7004302
7 beds 3 baths 1,890 sq ft Multi-family
Details for 509 4th Street
MLS# 7004302
Description for 509 4th Street, Albert Lea, MN, 56007
This charming up-down duplex in Albert Lea blends classic curb appeal with the ease of modern living, creating an ideal opportunity for investors or owner-occupants alike. Nestled within walking distance of local shops, dining, and everyday conveniences, the property also enjoys close proximity to Albert Lea Lake’s scenic beaches and celebrated natural attractions. The duplex features a thoughtfully maintained exterior, including a spacious front yard perfect for outdoor gatherings and a detached 2-car garage offering practical storage and off-street parking. Both units benefit from a quiet, residential setting that feels distinctly country while remaining connected to the heart of town. Whether you're seeking stable rental income or a comfortable home with an additional unit, this Albert Lea duplex delivers the ideal mix of serenity, charm, and everyday convenience.
Listing Information
Property Type: Multi-family, Duplex Up and Down
Status: Active
Bedrooms: 7
Bathrooms: 3
Lot Size: 0.21 Acres
Square Feet: 1,890 sq ft
Year Built: 1888
Foundation: 1,080 sq ft
Garage: Yes
Stories: 2 Stories
Number Of Units Total: 2
County: Freeborn
Days On Market: 59
Construction Status: Previously Owned
School Information
District: 241 - Albert Lea
Interior Features
Square Footage above: 1,890 sq ft
Basement: Full
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Garage Spaces: 2
Open Parking: 2
Parking Description: Detached Garage, Garage Sq Ft - 600.0
Exterior: Fiber Board
Roof: Asphalt Shingles
Lot Dimensions: 197x55
Zoning: Residential-Multi-Family
Driving Directions
From I-35 S to I-35BUS/US-65 S in Albert Lea. Take exit 12 from I-35 S, Continue on I-35BUS/US-65 S. Drive to E 4th St.
Financial Considerations
Owner Pays: Fuel
Tax/Property ID: 1
Tax Amount: 1808
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Coldwell Banker Realty
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively 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. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 509 4th Street
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 509 4th Street
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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