Albert Lea Real Estate

Albert Lea, MN is a charming small city located in Freeborn County. With a population of 18,016, Albert Lea is the largest city in Freeborn County and is conveniently situated on the shores of two major bodies of water: Fountain Lake and Albert Lea Lake.

The city is full of natural beauty, with plenty of parks, trails, and outdoor activities to enjoy. Albert Lea is also home to a variety of shopping and dining options, including the popular Albert Lea Mall and several small businesses.

The city is also home to a number of educational institutions, including Riverland Community College, Albert Lea High School, and Albert Lea Area Schools. The city is also home to a number of healthcare facilities, including the Mayo Clinic Health System and the Albert Lea Medical Center.

Albert Lea is also a great place to live, work, and play. With a vibrant downtown area, plenty of recreational activities, and a great selection of housing options, Albert Lea is the perfect place to call home. Whether you're looking for a single-family home, a townhouse, or an apartment, you'll find a wide variety of housing options in Albert Lea.

If you're looking for a small city with plenty of amenities, Albert Lea is the perfect place to call home. From its natural beauty to its educational and healthcare facilities, Albert Lea is a great place to live, work, and play.

Newest Listings in Albert Lea

$139,900

2 Beds ⋅ 1 Baths ⋅ 7142816 MLS

This classic 2-bedroom 1 bath cottage is charming with great curb appeal and a warm and inviting layout. This home has original hardwood floors, original built ins in the dining room, attached garage and character galore! Call to schedule a showing today!

1008 James Avenue, Albert Lea

Listing courtesy of Leland Realty.

$172,900

4 Beds ⋅ 2 Baths ⋅ 7143804 MLS

Just moments from the lake, this 4-bedroom 2 bath completely move in ready home is waiting for its new owner. Nothing left to do but unpack. Warm and inviting. Tuck under garage, newer roof, updated bathroom, storage shed and many more updates. Take a look at our 3D Tour and then schedule a showing!

713 Cedar Avenue, Albert Lea

Listing courtesy of Leland Realty.

$182,000

3 Beds ⋅ 2 Baths ⋅ 7145262 MLS

RARE, SPECTACLAR PANORAMIC VIEWS of Fountain Lake, Katherine Island, 3 City water fountains, and Denmark Park. Admire ducks, pelicans, sunsets, or just meditate. Located on the Blue Zone scenic walking or biking trail which circles around the whole 5-mile Fountain Lake. 3 Blocks from the City Beach, walk to ice cream shop, boating, fishing all year round, winter sports, picnics, shopping, dining, fitness center with picturesque lake scenery and City lights. Host 4th of July parties and 1/2 block to the parade. Home built in 1890. 3 bedrooms, 2 bathrooms, 24x16 garage, fenced in backyard, water heater 2022, roof 2020, windows 2021, furnace 2018. Great potential for VRBO/Air BNB. Cash or Conventional buyer only. LOCATION, LOCATION, LOCATION!!!

615 Albert Lea Street, Albert Lea

Listing courtesy of Coldwell Banker River Valley, REALTORS.

7145070 MLS

HENRICKSEN ACREAGE AUCTION Freeborn County, Minnesota LandProz is pleased to present the Henricksen Acreage Auction in Freeborn County, Minnesota! This 6 +/- acre building site, subject to survey, will be offered to the public through online bidding via AuctionCast at LandProz.com. Bidding will begin to close at 4:00 PM CST on October 20, 2026. The auction will continue as long as active bidding is taking place, with each bid extending the closing time by 2 minutes. Located just outside of Albert Lea, Minnesota, this property offers an excellent opportunity to create your own private country retreat while remaining conveniently close to town. Situated off a blacktop road, the property offers the peaceful rural setting many buyers are looking for while still being just minutes from Albert Lea's shopping, dining, schools, employment, and other local amenities. With approximately 6 acres to work with, this property offers a variety of possibilities. Whether you're looking to build your dream home, establish a private acreage, create a building site, or add a shop or other improvements, this property is well worth a look. PROPERTY FEATURES • 6 +/- Acres — subject to survey • Convenient access off a blacktop road • Existing building site • Timber • Great location just outside Albert Lea • Real Estate Taxes: TBD IMPORTANT BUILDING SITE INFORMATION Buyers are responsible for independently verifying all building, zoning, septic, water, setback, utility, access, and other development requirements with the appropriate governmental authorities prior to bidding. AUCTION TERMS • $5,000 non-refundable earnest money is due on the day of the auction with a certified check. • Earnest money will be held in the listing brokerage's escrow account until closing. • Only approved bidders will be registered to bid. • Buyers must provide a letter of credit or proof of funds prior to bidding. • Closing: On or before December 2, 2026. • A 5% Buyer's Premium will be added to the final purchase price. • Bidding will be conducted in total dollars. • Final acreage is subject to survey. • Online auction will soft close at 4:00 PM CST on October 20, 2026, with 2-minute extensions if active bidding continues. • Buyer will assume possession of the non-tillable acreage at closing. • Buyer will assume possession of the tillable acreage once the current tenant's crops have been harvested and removed. • Buyer(s) are responsible for conducting their own due diligence prior to bidding, including verification of building eligibility, septic requirements, city water requirements, zoning, setbacks, utilities, access, and any other matters affecting the property's intended use. • Cooperating Buyer Brokers: Any broker representing a buyer will be responsible for obtaining and negotiating their own buyer-broker compensation directly with their buyer. Any buyer-broker compensation will be the sole responsibility of the buyer and will be in addition to the purchase price and the 5% Buyer's Premium. The listing brokerage and seller will not be responsible for payment of buyer-broker compensation. • Any statements made the day of the auction will take precedence over all previous advertising, statements, and materials. • All information provided herein has been obtained from sources deemed reliable; however, neither the auction company nor the seller guarantees the accuracy of the information. LOCATION. OPPORTUNITY. YOUR BID. Acreage this close to Albert Lea with blacktop access, timber, and an existing building site offers plenty of potential. Buyers should complete their due diligence, understand the development requirements, and come prepared to bid their price! For additional information regarding the property or auction process, please contact: Greg Jensen – LandProz Broker & Auctioneer 507-383-1067 Sonny Jensen – LandProz Agent & Auctioneer 507-402-9445

2404 SE Marshall Street, Albert Lea

Listing courtesy of HomeProz Real Estate.

$37,000

1 Beds ⋅ 1 Baths ⋅ 7143762 MLS

Opportunity awaits with this unique property. Put your talents to work on this great fall project and fix up the current living space or perhaps restore it to a garage and build a new home of your dreams on the lot. Priced to sell!

410 Saint Peter Avenue, Albert Lea

Listing courtesy of Leland Realty.

$434,900

4 Beds ⋅ 2 Baths ⋅ 7144783 MLS

Wake up each morning to panoramic views of beautiful Fountain Lake. This inviting 4-bedroom, 2-bath lakefront home offers an exceptional combination of comfort, convenience, and outdoor enjoyment. Expansive walls of windows bring the lakefront setting indoors, providing picturesque views from many of the home's living spaces. Step outside onto the spacious deck overlooking the water, perfect for morning coffee, summer barbecues, or simply enjoying the sunset. The walkout lower level opens to a patio, ideal for pets, play, or private outdoor relaxation. With main-floor laundry, an attached two-car garage, ample storage, and extra paved parking, this home is designed for easy living. Nearby walking trails, parks, and assigned dock space #164 complete this outstanding Fountain Lake lifestyle opportunity.

115 South Lane, Albert Lea

Listing courtesy of Dwell Realty Group LLC.

$110,000

2 Beds ⋅ 1 Baths ⋅ 7143459 MLS

This 2-bedroom, 1-bath home has been completely updated on the main level, including new windows, electrical, plumbing, sheetrock, flooring, and more. It’s move-in ready and waiting for its new owner. Call today to schedule a showing!

618 Freeborn Avenue, Albert Lea

Listing courtesy of Realty ONE Group Black Diamond.

$67,000

3 Beds ⋅ 1 Baths ⋅ 7142933 MLS

If you are looking for a large home and you have the ability to do some remodeling yourself, this is a great opportunity. Replacing the flooring, giving it a fresh coat of paint and some new fixtures and you have the start to a great home. The exterior features vinyl siding for maintenance free living. There is a newer boiler and it keeps the home comfortable in the winter months. Please reach out today or schedule a showing with your Buyer's Agent. The Listing Agent owns that vacant lot to the North so both lots could be combined in the purchase. The property is a show and go so schedule through ShowingTime.

1206 James Avenue, Albert Lea

Listing courtesy of Keller Williams Premier Realty.

$139,900

3 Beds ⋅ 2 Baths ⋅ 7137483 MLS

Check out this charming 3-bedroom cape cod style home. Features large living room, dining room and original hardwood flooring. Great location close to parks and elementary school. Check out our 3D Tour and book a showing today.

1420 Academy Avenue, Albert Lea

Listing courtesy of Leland Realty.

$80,000

2 Beds ⋅ 1 Baths ⋅ 7142031 MLS

Looking for your first home opportunity? Well, here it is! This charming two-bedroom, one-and-a-half-story home is priced to sell and offers plenty of character and functionality. The main floor features a comfortable bedroom and full bath, an eat-in kitchen with appliances, and a bright living room with beautiful hardwood floors and an abundance of natural sunlight. A welcoming entryway provides the perfect spot to kick off your shoes and settle in. Upstairs, you’ll find a second bedroom along with a spacious landing area that could easily serve as a home office, reading nook, or additional flex space. Step outside and enjoy relaxing evenings on the deck. The property also features an oversized two-stall garage with an attached carport, providing plenty of room for vehicles, storage, or hobbies. Conveniently located within blocks of a park and school, with easy access to I-90. Priced to sell and ready for its next owner—don’t hesitate to take a look! This one won’t last long!

814 Lincoln Avenue, Albert Lea

Listing courtesy of Unique Realty.

$199,900

3 Beds ⋅ 2 Baths ⋅ 7139503 MLS

A charming home with plenty to offer! This spacious 3 bedroom, 2 bathroom home is full of character and has been meticulously maintained. Features include a formal dining room, fully applianced kitchen, all 3 bedrooms and a full bath on the upper level, plus a main-level porch and 3/4 bath with laundry in the basement. The basement also offers a bonus office/den for added flexibility. Enjoy the newer roof, permanent siding, large back deck, oversized 2 stall garage and storage shed. Solar panels help keep electric costs extremely low! Ideally located within two blocks of beautiful Albert Lea Lake and the Blazing Star Trail. Don’t miss this great opportunity!

306 E 3rd Street, Albert Lea

Listing courtesy of Worth Clark Realty.

$555,900

4 Beds ⋅ 4 Baths ⋅ 7136814 MLS

Well designed 4 bedroom 4 bath 2 story home located on nearly 12 acres on the south edge of Albert Lea. Located on a hard surface road and on city sewer and water. All stainless steel appliances, large attached garage, large composite deck off of the dining room. Concrete patio, spacious lower level with finished 3/4 bath and space to modify into additional finished living areas. Numerous trees, open spaces for outdoor activities, practice golfing or enjoy other activities requiring larger outdoor space. Make your appointment today to visit this well cared for home.

1617 9th Street W, Albert Lea

Listing courtesy of Century 21 Atwood.

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