$194,900

640 Marshall St Albert Lea, MN 56007

Estimated payment $1,209/month

6 Beds
3 Baths
2,178 Sq Ft
$89 Price per Sq Ft

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 2-minute walk to New Denmark Park

About This Home

Take a look at this updated Triplex! You can move in to the main floor and rent the other 2 or rent out all 3! Everything has been updated so start making money right away! The main floor has 2 bedrooms 1 bath laundry, eat in kitchen and a good sized living room. There is 2 upstairs one is 2 bedroom 1 bath and the other is 1 bedroom 1 bath with shared laundry in the basement. Located near the beach! Take a look today!

Listing Agent

Jennifer Tolbers

Robert Hoffman Realty Inc. Listed on: 02/26/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,464

Year Built

  • Built in 1888

Parking

  • 2 Car Detached Garage

Home Design

  • Triplex

Interior Spaces

  • 2,178 Sq Ft Home
  • 2-Story Property
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Lot Dimensions are 169x94
  • Forced Air Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 341870350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,464

Year Built

Built in 1888

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1888
  • Above Grade Finished Sq Ft: 2178
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Living Area: 2178
  • Basement YN: Yes

Beds/Baths

  • Total Bedrooms: 6

Garage/Parking

  • Parking Features: Detached Garage, Gravel

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Albert Lea
  • SchoolDistrictPhone: 5073794800

Lot Info

  • Lot Size: 169x94
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 3

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 341870350
  • Tax Annual Amount: 2464
  • TaxWithAssessments: 2668

Map

Range of Values:

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Value Increase
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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

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 $2,668 $145,200 $24,400 $120,800
2024 $2,426 $131,900 $24,400 $107,500
2023 $2,334 $123,400 $24,400 $99,000
2022 $1,578 $118,000 $19,500 $98,500
2021 $1,488 $66,200 $19,500 $46,700
2020 $1,802 $76,300 $19,500 $56,800
2019 $1,548 $67,000 $17,300 $49,700
2018 $1,506 $0 $0 $0
2016 $1,668 $0 $0 $0
2015 $1,532 $0 $0 $0
2014 $1,534 $0 $0 $0
2012 $1,816 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2026 02/26/26 For Sale $194,900 -- $89 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Source: NorthstarMLS

MLS Number: 7027333

NorthstarMLS

APN: 34.187.0350

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