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507 Hills Lane, Albert Lea, MN 56007
- $195,000
- 4
- BD
- 2
- BA
- 1,692
- SqFt
- Sold Price
- $195,000
- List Price
- $205,777
- Closing Date
- Nov 21, 2025
- MLS#
- 6645385
- Status
- CLOSED
- Type
- Multifamily
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,692
- Acres
- 0.47
- Year Built
- 1976
Property Description
Fantastic Investment Opportunity! Don’t miss this rare find with strong cash flow potential! Live in one side and rent out the other for extra income — or add this turnkey duplex to your portfolio. Each unit features: • 2 bedrooms, 1 bath, kitchen, and spacious living room on the main floor • Full basement for storage or future expansion • Attached garage and private deck (recently refaced with new lumber) • Updated flooring throughout • Appliances included The west unit has been completely remodeled — including new flooring, fresh paint, updated bathroom, modern kitchen, and brand-new appliances. It’s move-in ready and sure to impress! Additional updates include new garage doors and storm doors. All of this sits on an extra-large lot (nearly half an acre) — offering plenty of room to build that dream 30x36 garage or expand further (check with the city for details). This property truly has it all — value, versatility, and potential! Priced to sell — don’t wait!
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Additional Information
- School District
- Albert Lea
- Tax Year
- 2024
- Fencing
- None
- Fuel
- Natural Gas
- Lot Description
- Corner Lot
- Sewer
- City Sewer/Connected
- Roof
- Asphalt
- Topography
- Level
- Heating
- Forced Air
- Water
- City Water/Connected
- Basement
- Block, Full, Sump Pump, Unfinished
- Parking
- Attached Garage
- Garage Spaces
- 2
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Listing courtesy of Unique Realty.
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