509 E 4th St Albert Lea, MN 56007
Estimated payment $1,161/month
Highlights
- 2 Car Detached Garage
- Forced Air Heating System
- 4-minute walk to Frank Hall Park
About This Home
This charming up-down duplex in Albert Lea blends classic curb appeal with the ease of modern living, creating an ideal opportunity for investors or owner-occupants alike. Nestled within walking distance of local shops, dining, and everyday conveniences, the property also enjoys close proximity to Albert Lea Lake’s scenic beaches and celebrated natural attractions. The duplex features a thoughtfully maintained exterior, including a spacious front yard perfect for outdoor gatherings and a detached 2-car garage offering practical storage and off-street parking. Both units benefit from a quiet, residential setting that feels distinctly country while remaining connected to the heart of town. Whether you're seeking stable rental income or a comfortable home with an additional unit, this Albert Lea duplex delivers the ideal mix of serenity, charm, and everyday convenience.
Listing Agent
Coldwell Banker Realty - Lakes Brokerage Phone: 6124009000 Listed on: 01/02/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,808
Year Built
- Built in 1888
Parking
- 2 Car Detached Garage
Interior Spaces
- 1,890 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Additional Features
- Lot Dimensions are 197x55
- Forced Air Heating System
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 1
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,552 | $112,700 | $14,700 | $98,000 |
| 2024 | $2,346 | $112,700 | $14,700 | $98,000 |
| 2023 | $2,522 | $104,900 | $14,700 | $90,200 |
| 2022 | $2,128 | $100,600 | $10,300 | $90,300 |
| 2021 | $1,808 | $70,600 | $10,300 | $60,300 |
| 2020 | $2,074 | $74,800 | $10,300 | $64,500 |
| 2019 | $1,824 | $64,400 | $8,800 | $55,600 |
| 2018 | $1,786 | $0 | $0 | $0 |
| 2016 | $1,606 | $0 | $0 | $0 |
| 2015 | $1,554 | $0 | $0 | $0 |
| 2014 | $1,562 | $0 | $0 | $0 |
| 2012 | $1,660 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/02/2026 01/02/26 | For Sale | $189,000 | -- | $100 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $78,000 | -- |
Source: NorthstarMLS
MLS Number: 7004302
APN: 34.033.2840
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.