641 Forest Ave Albany, MN 56307
Estimated payment $693/month
Highlights
- No HOA
- Albany Senior High School Rated 10
- 1-Story Property
About This Home
Welcome to a rare opportunity property with tons of square footage and a large lot located in the heart of Albany! Whether you're looking for a spacious single-family home or envision a lucrative investment as a multi-family property (2 units or less), this versatile space is ready to meet your needs.
What truly sets this property apart are the clear spanning trusses/rafters, offering infinite options for different layouts. Reimagine the interior to suit your vision—be it a grand family residence, rental units, a home with an in-law suite, or even a mixed-use concept.
Don't miss your chance to own a piece of prime Albany real estate with unmatched flexibility and potential.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,952
Year Built
- Built in 1965
Lot Details
- Lot Dimensions are 100x100
- Zoning described as Residential-Multi-Family,Residential-Single Family
Interior Spaces
- 4,986 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- No Cooling
- No Heating
Community Details
- No Home Owners Association
- Townsite Of Albany Subdivision
Listing and Financial Details
- Assessor Parcel Number 40254630000
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 | $1,954 | $49,300 | $28,700 | $20,600 |
| 2024 | $1,984 | $48,500 | $28,700 | $19,800 |
| 2023 | $1,958 | $50,300 | $30,500 | $19,800 |
| 2022 | $1,928 | $45,900 | $27,000 | $18,900 |
| 2021 | $1,954 | $45,900 | $27,000 | $18,900 |
| 2020 | $2,426 | $46,600 | $27,000 | $19,600 |
| 2019 | $656 | $47,000 | $27,000 | $20,000 |
| 2018 | $604 | $41,900 | $25,500 | $16,400 |
| 2017 | $598 | $41,500 | $25,500 | $16,000 |
| 2016 | $618 | $0 | $0 | $0 |
| 2015 | $602 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/21/2026 01/21/26 | For Sale | $99,900 | -- | $20 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $60,000 | -- | |
| Deed | $35,000 | -- | |
| Foreclosure Deed | $19,500 | -- | |
| Deed | -- | -- | |
| Deed | $100,800 | -- | |
| Deed | -- | -- | |
| Deed | $82,500 | -- |
Source: NorthstarMLS
MLS Number: 7011414
APN: 40.25463.0000
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Ask me questions while you tour the home.