507 Hills Lane, Albert Lea, MN 56007

Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
507 Hills Lane,Albert Lea, MN 56007
$205,777
  • - Beds
  • - Baths
  • 1,692 sq. ft.
  • Multi-family
  • Pending
Listed by: joshua harmdierks
Office: unique realty
MLS#:6645385
Source:NSMLS

Price summary

  • Price:$205,777
  • Price per sq. ft.:$60.81

About this home

Fantastic Investment Opportunity! Don’t miss this rare find with strong cash flow potential! Live in one side and rent out the other for extra income — or add this turnkey duplex to your portfolio. Each unit features: • 2 bedrooms, 1 bath, kitchen, and spacious living room on the main floor • Full basement for storage or future expansion • Attached garage and private deck (recently refaced with new lumber) • Updated flooring throughout • Appliances included The west unit has been completely remodeled — including new flooring, fresh paint, updated bathroom, modern kitchen, and brand-new appliances. It’s move-in ready and sure to impress! Additional updates include new garage doors and storm doors. All of this sits on an extra-large lot (nearly half an acre) — offering plenty of room to build that dream 30x36 garage or expand further (check with the city for details). This property truly has it all — value, versatility, and potential! Priced to sell — don’t wait!

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Home facts

  • Year built:1976
  • Listing ID #:6645385
  • Added:293 day(s) ago
  • Updated:November 12, 2025 at 05:43 AM

Rooms and interior

  • Living area:1,692 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:1976
  • Building area:1,692 sq. ft.
  • Lot area:0.47 Acres

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$205,777
  • Price per sq. ft.:$60.81
  • Tax amount:$3,206 (2024)
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.