817 Abbott St Albert Lea, MN 56007
Estimated payment $920/month
About This Home
What a fantastic investment opportunity! This up-and-down duplex is ideally located just one block from the lake, offering beautiful lake views, and sits directly across the street from an elementary school—an unbeatable location! The main level features three spacious bedrooms, a full bathroom, a functional kitchen, a formal dining room, and a comfortable living area. You’ll also appreciate the partially finished basement—perfect for a workout space, hobby room, or additional storage. There’s plenty of room to spread out and make it your own. Upstairs, you’ll find a separate one-bedroom apartment complete with its own kitchen, living room, bedroom, and bathroom—ideal for rental income or guests. Additional highlights include a two-stall detached garage providing ample parking and storage. With a little work, this property could easily be converted back into a single-family home if desired. Whether you’re looking for a rental property, short-term income opportunity (VRBO/Airbnb), or a versatile home in a prime location, this one checks all the boxes. Priced to sell—don’t miss out on this opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,442
Year Built
- Built in 1897
Parking
- 2 Car Detached Garage
- Shared Driveway
Home Design
- Duplex
- Frame Construction
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Partially Finished Basement
- Partial Basement
- Block Basement Construction
- Laundry in Basement
Utilities
- Forced Air Heating System
- Gravity Heating System
Community Details
- 2 Units
- Parkers Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 341170210
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 | $1,532 | $125,800 | $16,500 | $109,300 |
| 2024 | $1,530 | $125,600 | $16,500 | $109,100 |
| 2023 | $1,548 | $120,300 | $16,500 | $103,800 |
| 2022 | $1,082 | $122,100 | $16,500 | $105,600 |
| 2021 | $1,124 | $84,300 | $16,500 | $67,800 |
| 2020 | $1,036 | $81,500 | $11,600 | $69,900 |
| 2019 | $940 | $77,400 | $10,800 | $66,600 |
| 2018 | $948 | $0 | $0 | $0 |
| 2016 | $778 | $0 | $0 | $0 |
| 2015 | $696 | $0 | $0 | $0 |
| 2014 | $734 | $0 | $0 | $0 |
| 2012 | $838 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/06/2026 04/06/26 | For Sale | $149,900 | -- | $87 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $115,000 | -- | |
| Trustee Deed | -- | -- |
Source: NorthstarMLS
MLS Number: 7049528
APN: 34.117.0210
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Ask me questions while you tour the home.