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509 4th St, Albert Lea, MN, 56007

$189,000

Home List Price

$2,244*

Closing Credit

0 Baths
1,890 SqFt
$100/SqFt
Multi

Location

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509 4th St, Albert Lea$189,000

Buyer Closing Credits

$2,244*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDetached
Garage2 spaces
Year Built1888
HeatingForced Air
BasementYes
MLS #6629462
StatusActive

About 509 4th St

This charming duplex boasts timeless curb appeal, offering a tranquil country living experience within reach of modern amenities. Situated in walking distance to local conveniences, it's also conveniently close to the beautiful Albert Lea Lake beaches and renowned natural attractions. The property includes a 2-car garage and a welcoming front yard, perfect for gatherings. Tenants are responsible for electricity, while the owner covers all other utilities, simplifying the living experience. Enjoy the best of both worlds – the serenity of the countryside and the comfort of modern living in this Albert Lea duplex.

Property Details

Property Features

Property Information:

  • Year Built: 1888
  • Living Area: 1,890 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $189,000
  • Price Per SqFt: $100/SqFt
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Housing Market Comparison

See how this home compares to others in Albert Lea, MN.

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Albert Lea, MN

City

Med. Sold Price

$165K

Med. Price/SqFt

$112

Avg. Days On Market

39

# of Sold Homes

26

509 4th St vs Albert Lea

40 DAYS ON ROCKET

+1 Day

$189,000

+$24K More

$100/SqFt

-$12 Less

KEY TAKEAWAY

This property is $24K more than the Median Sold Price and $12/SqFt less than other homes in Albert Lea, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6629462

Listing Office:

  • Office Name: Coldwell Banker Realty

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Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-861618
5
/10

  • Halverson Elementary School

  • 707 E 10th St

  • 0.71 miles

  • Public District Grades PK-5

school-card-donut-861619
3
/10

  • Hawthorne Elementary School

  • 1000 E Hawthorne St

  • 1.19 miles

  • Public District Grades PK-5

school-card-donut-861620
4
/10

  • Lakeview Elementary School

  • 902 Abbott St

  • 1.33 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,750. The majority of Albert Lea, MN residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Albert Lea, MN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Albert Lea, MN.

Albert Lea's housing market offers a diverse array of options, with single-family homes being the most prevalent, reflecting a mix of architectural styles from classic to contemporary. The market is characterized by a blend of older homes with rich histories and newer constructions that cater to modern living preferences. While the majority of residences are owner-occupied, there is also a selection of rental properties available for those looking to lease.

What is it like to live in Albert Lea, MN?

Albert Lea is celebrated for its welcoming small-town charm and community-oriented lifestyle. The city prides itself on its scenic lakes, parks, and recreational areas that offer residents a peaceful and nature-infused environment. Local events and festivals throughout the year contribute to the strong sense of community and celebrate the area's heritage and culture.

Is it easy to get around Albert Lea, MN without a car?

The community is served by a network of public schools, healthcare facilities, and a public library system that collectively support the residents' educational and health needs. Retail and dining options are available, reflecting the local culture and providing a range of choices for shopping and cuisine. The city is attentive to the evolving needs of its population and works to enhance services accordingly.

Transportation in Albert Lea, MN.

Albert Lea's transport infrastructure includes a network of roads and highways that connect residents to nearby cities and amenities. Public transportation options are available, offering residents alternatives to private vehicle use. The city also features areas that are pedestrian-friendly, encouraging walking and biking as viable modes of transport within the community. Recent efforts have been made to improve transport efficiency and accessibility, ensuring that residents can navigate the area with ease.

Rocket Homes›Minnesota›Freeborn County›Albert Lea›56007›509 4th St

This home is located at 509 4th St in Albert Lea, MN and zip code 56007. This 1,890 square foot home was built in 1888. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $189,000.

Albert Lea, MN housing market in November 2024 saw over 7 listings sold above listed price, more than 6 sold at listed price and over 13 sold below. In November 2024 in Albert Lea, MN there were 5.1% more homes for sale than in October 2024. In November 2024 median list price was $165,000 and the average listing age was 39 days.

From Rocket Homes Real Estate and based on county public records data.

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