509 4th Street, Albert Lea, MN

$189,000

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7

Beds

3

Baths

1,890

Square feet

0.21

Acres

About 509 4th Street

This charming up-down duplex in Albert Lea offers timeless curb appeal and a versatile opportunity for both investors and owner-occupants. Ideally located within walking distance of local shops, dining, and everyday conveniences, the property is also just minutes from Albert Lea Lake’s scenic beaches and well-loved recreational amenities. The home features a well-maintained exterior, a spacious front yard ideal for relaxing or outdoor gatherings, and a detached 2-car garage providing valuable storage and off-street parking. Both units enjoy the comfort of a quiet residential setting with a peaceful, small-town feel while remaining conveniently close to everything Albert Lea has to offer. Whether you’re looking to generate rental income, expand your investment portfolio, or live in one unit while offsetting expenses with the other, this duplex presents a compelling combination of character, flexibility, and location.

Features of 509 4th Street

MLS® # 7004302
Price $189,000
Bedrooms 7
Bathrooms 3.00
Square Footage 1,890
Acres 0.21
Year Built 1888
Type Residential Income
Sub-Type Duplex Up and Down
Status Active

Community Information

Address 509 4th Street
City Albert Lea
County Freeborn
State MN
Zip Code 56007

Amenities

Parking Detached Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No

Exterior

Exterior Features Fiber Board
Roof Asphalt

School Information

District Albert Lea

Additional Information

Days on Market 250
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $1,808
Tax Year 2025

Listing Details

OfficeColdwell Banker Realty - Lakes

Listing Map

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