Freeborn County Homes under $350,000

Welcome to Freeborn County, Minnesota—a hidden gem that beautifully blends small-town charm with modern conveniences. Nestled in the heart of southern Minnesota, Freeborn County boasts lush landscapes, vibrant communities, and an abundance of recreational opportunities. With its rich agricultural heritage and stunning natural scenery, this region is perfect for those who appreciate a tranquil lifestyle while still having access to urban amenities.

One of the most appealing aspects of Freeborn County is its diverse range of homes available for under $350,000. Whether you're a first-time homebuyer, looking to downsize, or seeking a cozy retreat, you'll find a variety of options that suit your needs and budget. From charming single-family homes with spacious yards to modern townhouses that offer low-maintenance living, there's something for everyone in this welcoming community.

Imagine settling into a quaint home in Albert Lea, the county seat, where you can enjoy the beautiful lakes, parks, and local shops. Or perhaps you're drawn to the peaceful surroundings of rural properties that offer expansive views and a closer connection to nature. With a thriving real estate market and affordable housing options, Freeborn County is an ideal place to plant your roots.

In addition to its appealing homes, Freeborn County is known for its excellent schools, friendly neighborhoods, and a strong sense of community. With numerous events and activities year-round, you’ll never run out of ways to engage with your neighbors and explore all that this wonderful county has to offer. Come discover your dream home in Freeborn County—where affordability meets quality of life!

Newest Freeborn County Homes under $350,000

$160,000

4 Beds ⋅ 1 Baths ⋅ 7155777 MLS

Welcome to this spacious three-bedroom, two-bath home in Albert Lea, within walking distance of the lake and also offering generously sized rooms and plenty of space to spread out. The exterior has been freshly painted and is ready to take on the seasons, while the large two-car detached garage provides excellent room for vehicles, storage, hobbies, or whatever life throws your way. With its comfortable layout, oversized living spaces, and a price that makes sense in today’s market, this is a home worth putting on your list!

320 Vine Avenue, Albert Lea

Listing courtesy of Re/Max Advantage Plus.

$115,000

3 Beds ⋅ 2 Baths ⋅ 7155870 MLS

Unique 3-bedroom, 2 bath with a 2 stall detached garage and main floor laundry. Bring your tools and vision to this fixer upper packed with character. Original woodwork and floors can be beautiful again with a little bit of work. This property can be easily converted back to a duplex as a separate entrance is already in place. Schedule a showing today and see what some sweat equity can bring to this home. Property is being sold strictly AS-IS and is ready for your updates and personal touch. Cash or conventional financing only. Please note: This sale is subject to final probate court review and approval.

815 Frank Avenue, Albert Lea

Listing courtesy of Leland Realty.

$89,900

4 Beds ⋅ 1 Baths ⋅ 7155173 MLS

Affordable living in the heart of Albert Lea! This well-maintained four-bedroom home offers a warm, welcoming atmosphere with a simple, functional layout that makes everyday living easy. Enjoy the comfort of a home that has been thoughtfully cared for, along with added peace of mind of a new roof and gutter system installed in 2026. Whether you're looking for room to grow, a place to put down roots, or an affordable opportunity to become a homeowner, this property is worth a look. The seller is relocating, creating a great opportunity for the next owner to make this home their own. Don't miss your chance to enjoy comfortable, affordable living in a convenient Albert Lea location!

825 W Clark Street, Albert Lea

Listing courtesy of Re/Max Advantage Plus.

$63,000

2 Beds ⋅ 1 Baths ⋅ 7155319 MLS

Investment opportunity knocks! Bring your tools and vision to transform this 2-bedroom home packed with potential. Step inside from the inviting front porch into the living room. The functional main floor layout features a main-floor bedroom alongside a kitchen equipped with main-floor laundry, conveniently situated next to a 3/4 bath. Upstairs, you’ll find a versatile den area with a closet—perfect for a home office, sitting room, or flex space—leading directly into the second bedroom. Outside offers convenient alley access to a single-stall detached garage. Due to condition, property is sold as-is; cash or conventional financing only. Don’t miss your chance to build sweat equity!

112 N 2nd Avenue, Albert Lea

Listing courtesy of Realty ONE Group Black Diamond.

$150,000

2 Beds ⋅ 3 Baths ⋅ 7154838 MLS

Welcome to this charming 2-bedroom, 1-bathroom main-level rambler set on a spacious corner lot of nearly 0.3 acres! Featuring 1,188 sq ft of main-floor living, this home offers fantastic flexibility—the main-floor laundry can easily be relocated back to the full basement to convert the space into a 3-bedroom setup. Enjoy the seasons from the lovely 3-season breezeway porch, perfect for taking in the classic Minnesota views. Additional highlights include an attached 1-car garage, an extra outbuilding for your lawn tools and storage, updated 100-amp electrical wiring, and an included backup generator for added peace of mind.

301 Washington Avenue, Alden

Listing courtesy of eXp Realty.

$94,900

2 Beds ⋅ 2 Baths ⋅ 7154528 MLS

Affordable duplex investment opportunity at 214 W College St in Albert Lea. This cash-flowing property offers two separate units, providing rental income from both sides and an excellent opportunity to build or expand a rental portfolio. The property offers a practical layout, affordable price point, and established rental potential. Whether you're a first-time investor looking for an entry-level property or an experienced landlord adding another unit to your portfolio, this duplex offers the opportunity to generate income while building long-term equity. Conveniently located near local amenities, schools, shopping, and downtown Albert Lea. An affordable duplex with income-producing potential is hard to beat.

214 W College Street, Albert Lea

Listing courtesy of eXp Realty.

$225,000

3 Beds ⋅ 3 Baths ⋅ 7151608 MLS

Come and take a closer look at this spacious home with tremendous amenities: a large beautiful lawn, outdoor spaces, and endless options for the use of the many rooms. This home features a main floor family room with a brick fireplace, a formal dining room, a large office with a walk-in closet could easily be an additional bedroom, two bedrooms upstairs each with it's own 2nd room, steel siding, a stamped patio and 3-season room for back yard enjoyment. Take your time walking through. There's a lot to take in.

1639 Massee Street, Albert Lea

Listing courtesy of Unique Realty.

$55,000

3 Beds ⋅ 2 Baths ⋅ 7153700 MLS

Welcome home to this beautiful 3-bedroom, 2-bathroom home in New Hills in Albert Lea, MN! This spacious home offers a comfortable layout with a large living room, a generously sized primary bedroom, and plenty of closet space throughout. The eat-in kitchen provides a great space for everyday meals and entertaining, while the additional bedrooms offer flexibility for family, guests, or a home office. With plenty of room to spread out and thoughtful features throughout, this home is a great opportunity for anyone looking for comfort and convenience in a welcoming community. Come take a look and see if this could be your next home!

2313 Doral Avenue, Albert Lea

Listing courtesy of Realty ONE Group Black Diamond.

$85,000

2 Beds ⋅ 1 Baths ⋅ 7150533 MLS

Charming investment opportunity! This 2-bedroom, 1-bathroom fixer upper sits on a large, spacious lot and features both a 1 stall garage and a convenient carport. Property is being sold strictly AS-IS and is ready for your updates and personal touch. Cash or conventional financing only. Please note: This sale is subject to final probate court review and approval.

905 Ulstad Avenue, Albert Lea

Listing courtesy of Leland Realty.

$184,900

3 Beds ⋅ 1 Baths ⋅ 7152170 MLS

This three-bedroom one bathroom house is designed for functional living. The updated exterior features, including windows, siding and shingles, enhance the home's curb appeal and energy efficiency. The large, detached garage offers valuable storage and parking space, complementing the home's layout. The property is ideally located near parks and schools, making it convenient for daily activities. The basement presents an opportunity for customization, with potential to be finished for additional living space and a bedroom. The fenced backyard provides a secure area for outdoor enjoyment.

1314 Fairlane Terrace, Albert Lea

Listing courtesy of Leland Realty.

$219,900

4 Beds ⋅ 2 Baths ⋅ 7152793 MLS

Full of charm and natural light, this 4-bedroom home offers a flexible layout with plenty of space to make your own. The main level features two bedrooms and a full bathroom, while upstairs you'll find two additional bedrooms and a convenient half bath. Recent updates include a newer roof, new flooring throughout the living and dining rooms, and new plank ceilings that add warmth and character. Details like the charming archway leading into the kitchen give the home a personality all its own. The unfinished basement provides great storage and plenty of future potential. Outside, the welcoming front porch adds to the home's curb appeal and offers a great spot to sit and unwind. Out back, the deck is an inviting extension of the living space and a perfect place for summer barbecues, relaxing, or gathering with family and friends. The backyard offers a nice sense of privacy, while a large detached two-car garage provides plenty of additional storage and workspace. Located near the Blazing Star State Trail, Albert Lea Lake, and area parks, this home offers convenient access to some of Albert Lea's best outdoor amenities. With thoughtful updates, great natural light, inviting outdoor spaces, and plenty of character, there's a lot to love about this home.

340 E 3rd Street, Albert Lea

Listing courtesy of EXIT Realty Refined.

$190,000

3 Beds ⋅ 2 Baths ⋅ 7140750 MLS

3.125 % assumable USDA mortgage with 148K balance. Welcome to an affordable opportunity to own a single-family home and make it your own! This 3-bedroom home offers a bright, open feel on the main level, with the kitchen, dining and living areas flowing nicely together. Wood floors add warmth and character to the living and dining spaces, while all three bedrooms are conveniently located on the main level. Outside, enjoy a nice, flat and usable yard with an added bonus: the property backs up to baseball fields, creating an expansive feel and plenty of space nearby to get outside and enjoy. The basement offers additional space and plenty of opportunity to use your creativity and make it fit your needs. If you're looking for an affordable single-family home with 3 main-level bedrooms, a great yard and room to make it your own, there is a lot to appreciate here. Add in everything Albert Lea has to offer, including lakes, parks, trails and outdoor recreation, and this is one you'll want to see!

1404 Plainview Lane, Albert Lea

Listing courtesy of Edina Realty, Inc..

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