525 W Main Street, Albert Lea, MN 56007

Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
525 W Main Street,Albert Lea, MN 56007
$275,000
  • 6 Beds
  • 4 Baths
  • 2,636 sq. ft.
  • Multi-family
  • Pending
Listed by: robert j. hoffman, angie hoffman
Office: robert hoffman realty inc.
MLS#:7009918
Source:NSMLS

Price summary

  • Price:$275,000
  • Price per sq. ft.:$104.32

About this home

Amazing income property that is basically brand new. A fire across the street led to hundreds of thousands of dollars in repairs (far more than the property is being sold for.) The lot acrtoss the street where the fire was is a City Owned lot now. Thius property is right on the new sharded user path the County is developing. This property has 4 units. A huge 3 bedroom apartment on the upper level with a nice new deck out front, 2 one bedrooms units on the main level each with their own private decks and a deteched studio apartment with an attached garage. All for less than $69k a door. The repairs after the fire across the street made the property perfect. The new park and bike path across the street will make the location pretty amazing!

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Home facts

  • Year built:1940
  • Listing ID #:7009918
  • Added:26 day(s) ago
  • Updated:February 12, 2026 at 03:43 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Living area:2,636 sq. ft.

Heating and cooling

  • Heating:Boiler

Structure and exterior

  • Roof:Age 8 Years or Less
  • Year built:1940
  • Building area:2,636 sq. ft.
  • Lot area:0.16 Acres

Utilities

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

Finances and disclosures

  • Price:$275,000
  • Price per sq. ft.:$104.32
  • Tax amount:$1,940 (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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