$330,000

271 Main St NW New Albin, IA 52160

Estimated payment $2,157/month

Total Views 6,082
-- Bed
-- Bath
5,000 Sq Ft
$66 Price per Sq Ft

About This Home

Great investment opportunity in the heart of New Albin! With the only public laundromat in town, this property offers onsite laundry for the tenants as well as additional income potential from the local community. This well-maintained 5-plex features four 2-bedroom, 1-bath units and one spacious 3-bedroom, 1-bath unit, offering solid rental income potential. Each unit provides comfortable living spaces with functional layouts, and the property has a strong rental history. Whether you're looking to expand your portfolio or start investing, this multi-family property is a smart choice with room for continued growth. Current rental income of $3,300/month.

Listing Agent

Bret Michelle Doll

NextHome Prime Real Estate License #86584-94 Listed on: 06/03/2025

NextHome Prime Real Estate

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • 5,000 Sq Ft Home
  • Vinyl Siding
  • Stucco Exterior

Listing and Financial Details

  • Assessor Parcel Number 0311127002

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.21
  • Directions: From La Crescent, MN head south on great River Rd; turn Left onto MN-26 S Follow Great River road into New Albin, turn Left on Oak St, cross tracks then left on Main St. Building on Left
  • Special Features: VirtualTour

Interior Features

  • Owner Pays: None
  • Has Basement: None

Exterior Features

  • Construction Type: Stucco, Vinyl

Garage/Parking

  • Attached Garage: No
  • Parking Features: Outdoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Eastern Allamakee - Iowa

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 0311127002

Rental Info

  • Tenant Pays: Sewer, Water, Electricity, Heat, Gas

Map

Range of Values:

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $330,000 +20.0% $198 / Sq Ft
11/08/2023 11/08/23 Sold $275,000 0.0% $48 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $274,900 -- $48 / Sq Ft
Source: Metro MLS

Source: Metro MLS

MLS Number: 1920544

Metro MLS

Iowa Allamakee County New Albin 52160

271 Main St NW, New Albin, IA

This home is located at 271 Main St NW, New Albin, IA 52160 and is currently priced at $330,000, approximately $66 per square foot. 271 Main St NW is a home located in Allamakee County with nearby schools including New Albin Elementary School, Lansing Middle School, and Kee High School.

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Bret Michelle Doll
Listing Agent
Bret Michelle Doll
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NextHome Prime Real Estate
(563) 661-5364