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918 Jefferson Avenue, Albert Lea
$99,900
4 Beds ⋅ 2 Baths ⋅ 7113049 MLS
Whether you're looking to expand your investment portfolio or purchase a property with the opportunity to offset your mortgage, this versatile up/down duplex offers exceptional potential! It’s conveniently located in Albert Lea, has Central AC, a detached double garage, replacement windows, and great income-producing potential! There is flexibility to continue as a duplex or easily convert it back into a spacious single-family home. The main level unit: • Offers comfortable living space! • Three bedrooms with generous closet space and built-in storage • Full bathroom • Spacious living room • Large kitchen featuring abundant cabinetry The upper-level unit: • One-bedroom with large closet • Large bright living room area with newer carpet • Full bathroom with ample storage • A kitchen that opens to a private deck overlooking the neighborhood—an inviting space to relax and unwind. Additional features for this property include hardwood floors and charming built-ins! Based on current market rents, the property offers an estimated rental income potential of $1,850+ per month, with the main level projected at $1,000+ per month and the upper level at approximately $850 per month. The property is currently vacant, allowing a new owner the opportunity to select tenants and establish market rents from day one. Affordable duplexes continue to see strong buyer demand in Albert Lea, making this an attractive opportunity for investors, owner-occupants, or buyers seeking a property with future flexibility and upside potential.

918 Jefferson Avenue, Albert Lea

Listing courtesy of HomeProz Real Estate.

214 W College Street, Albert Lea
$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.

1405 S Broadway Avenue, Albert Lea
$84,900
2 Beds ⋅ 1 Baths ⋅ 7110653 MLS
This solid 2-bedroom, 1-bath home is a fantastic blank canvas primed for your creative vision and personal updates! Boasting low-maintenance vinyl siding and vinyl windows, the exterior and structural elements offer a wonderful head start. Step inside through the charming, window-wrapped front porch—perfect for a sunroom or cozy entryway—into a functional main-floor layout. The inviting living room flows effortlessly into an informal dining area, offering a great footprint for daily living. While the interior is in need of a deep clean and cosmetic rejuvenation, it represents a remarkable opportunity for buyers looking to build instant equity. Complete with a detached single-stall garage, this diamond in the rough is priced to sell and ready for its next chapter! Please note: Due to the deferred maintenance on the garage, this property is being sold as-is and will require cash or conventional financing only.

1405 S Broadway Avenue, Albert Lea

Listing courtesy of Realty ONE Group Black Diamond.

814 Lincoln Avenue, Albert Lea
$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.

2310 Ethel Avenue, Albert Lea
$47,000
3 Beds ⋅ 2 Baths ⋅ 7035914 MLS
Step into easy, one-level living in this well-maintained manufactured home featuring 3 spacious bedrooms and a thoughtfully designed layout. The private primary suite offers a peaceful retreat with its own full bath and a walk-in closet, creating the perfect blend of comfort and convenience. Fresh interior paint brights every room, while brand new carpet adds a clean, cozy feel throughout the home. The open living area provides plenty of space for relaxing or entertaining, and the single level floor plan ensures effortless everyday living. Move-in ready and inviting, this home is a wonderful opportunity to enjoy comfort, simplicity and a space that feels truly refreshed. Amenities include Community Events, Lighted Streets, Off Street Parking, On-Site Maintenance, On-Site Management, Pets Welcome, Playground nearby. Owners are looking to add a community space and grilling area next year as well. *lot is rented* Seller is offering 4 FREE months of lot rent, with an acceptable offer.

2310 Ethel Avenue, Albert Lea

Listing courtesy of Leland Realty.

2404 SE Marshall Street, Albert Lea
$1
7145070 MLS
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!

2404 SE Marshall Street, Albert Lea

Listing courtesy of HomeProz Real Estate.

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