411 Court Street, Albert Lea, MN 56007

Albert Lea
Local realty services provided by:Better Homes and Gardens Real Estate First Choice
411 Court Street,Albert Lea, MN 56007
$180,000
  • 3 Beds
  • 4 Baths
  • 2,322 sq. ft.
  • Multi-family
  • Pending
Listed by: anna rahn, davy villarreal
Office: homeproz real estate
MLS#:6765157
Source:NSMLS

Price summary

  • Price:$180,000
  • Price per sq. ft.:$77.52

About this home

Fantastic 4-Plex Investment Opportunity! This well-maintained 4-unit property is a rare find for both seasoned investors and owner-occupants alike. Live in one apartment and let the rental income cover your mortgage, or simply enjoy steady cash flow from a fully rented building with long-term tenants. Property Highlights: • Solid investment with established tenants and consistent rental history • Roof less than 10 years old, cedar siding, and newer landscaping • Ample off-street parking, two decks, and attractive curb appeal • Located in a revitalized neighborhood with continued growth potential Financials: • Estimated Rental Income: $2,325/month ($27,900/year) • Estimated Expenses: $925/month ($11,100/year) • Net Income Potential: $1,400/month ($16,800/year) Current Units & Tenants: • Apt 1: $475/month – Upstairs Efficiency – 13-year tenant • Apt 2: $575/month – Upstairs 1 Bed/1 Bath – 1-year tenant • Apt 3: $575/month – Main 1 Bed/1 Bath – 4-year tenant • Apt 4: $700/month – Main 1

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Home facts

  • Year built:1915
  • Listing ID #:6765157
  • Added:209 day(s) ago
  • Updated:February 26, 2026 at 03:43 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:4
  • Basement:Yes
  • Basement Description:Block, Owner Access, Storage Space, Sump Pump, Unfinished, Walkout
  • Living area:2,322 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1915
  • Building area:2,322 sq. ft.
  • Lot area:0.14 Acres
  • Levels:2 Story

Utilities

  • Water:City Water - In Street
  • Sewer:City Sewer - In Street

Finances and disclosures

  • Price:$180,000
  • Price per sq. ft.:$77.52
  • Tax amount:$2,407 (2025)
Data is deemed reliable but is not guaranteed accurate by the MLS. 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.

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