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$119,900

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.

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.

$229,900

Great investment opportunity with this duplex located near Northside Park and Hawthorne Elementary School. This property is located near two municipal parks, Fountain Lake, a pedestrian trail that extends around the majority of the lake, a public golf course and has a large backyard area. This duplex includes a shared double garage for each tenant, shared laundry facilities in the basement and separate electric meters for billing purposes. The water/ sewer and natural gas utilities are split between each tenant unit. Each level has newer separate forced air furnaces and air-conditioning for separate temperature control. The main level apartment has a three-season porch and the second level a private deck. Schedule your appointment today to tour this investment property.

4 Beds ⋅ 3 Baths ⋅ 7104190 MLS

Great investment opportunity with this duplex located near Northside Park and Hawthorne Elementary School. This property is located near two municipal parks, Fountain Lake, a pedestrian trail that extends around the majority of the lake, a public golf course and has a large backyard area. This duplex includes a shared double garage for each tenant, shared laundry facilities in the basement and separate electric meters for billing purposes. The water/ sewer and natural gas utilities are split between each tenant unit. Each level has newer separate forced air furnaces and air-conditioning for separate temperature control. The main level apartment has a three-season porch and the second level a private deck. Schedule your appointment today to tour this investment property.

413 Hawthorne Street E, Albert Lea

Listing courtesy of Century 21 Atwood.

$164,999

This property is a duplex. Each unit features two bedrooms, one bathroom, a kitchen, and a living room. Currently, the property has tenants who are paying per month. This property is a great opportunity for investors, as it essentially pays for itself. It is also ideal for someone looking to buy their first home, as you can live in one unit and use the rent from the other unit to help pay your mortgage. This property is available now, so don't miss out!.

4 Beds ⋅ 2 Baths ⋅ 7056059 MLS

This property is a duplex. Each unit features two bedrooms, one bathroom, a kitchen, and a living room. Currently, the property has tenants who are paying per month. This property is a great opportunity for investors, as it essentially pays for itself. It is also ideal for someone looking to buy their first home, as you can live in one unit and use the rent from the other unit to help pay your mortgage. This property is available now, so don't miss out!.

922 Jefferson Avenue, Albert Lea

Listing courtesy of National Realty Guild.

$169,900

Spacious up-and-down duplex located on a corner lot. Each unit offers comfortable living space with separate entrances, making it ideal for owner-occupants or investors. Property features a 1 bedroom, 1 bath main level unit with a 2 bedroom, 1 bath upper unit. Detached 2 stall garage. Schedule your showing today.

3 Beds ⋅ 2 Baths ⋅ 7035715 MLS

Spacious up-and-down duplex located on a corner lot. Each unit offers comfortable living space with separate entrances, making it ideal for owner-occupants or investors. Property features a 1 bedroom, 1 bath main level unit with a 2 bedroom, 1 bath upper unit. Detached 2 stall garage. Schedule your showing today.

221 N 3rd Avenue, Albert Lea

Listing courtesy of Robert Hoffman Realty Inc..

$189,000

This charming up-down duplex in Albert Lea offers timeless curb appeal and a versatile opportunity for both investors and owner-occupants. Ideally located within walking distance of local shops, dining, and everyday conveniences, the property is also just minutes from Albert Lea Lake’s scenic beaches and well-loved recreational amenities. The home features a well-maintained exterior, a spacious front yard ideal for relaxing or outdoor gatherings, and a detached 2-car garage providing valuable storage and off-street parking. Both units enjoy the comfort of a quiet residential setting with a peaceful, small-town feel while remaining conveniently close to everything Albert Lea has to offer. Whether you’re looking to generate rental income, expand your investment portfolio, or live in one unit while offsetting expenses with the other, this duplex presents a compelling combination of character, flexibility, and location.

7 Beds ⋅ 3 Baths ⋅ 7004302 MLS

This charming up-down duplex in Albert Lea offers timeless curb appeal and a versatile opportunity for both investors and owner-occupants. Ideally located within walking distance of local shops, dining, and everyday conveniences, the property is also just minutes from Albert Lea Lake’s scenic beaches and well-loved recreational amenities. The home features a well-maintained exterior, a spacious front yard ideal for relaxing or outdoor gatherings, and a detached 2-car garage providing valuable storage and off-street parking. Both units enjoy the comfort of a quiet residential setting with a peaceful, small-town feel while remaining conveniently close to everything Albert Lea has to offer. Whether you’re looking to generate rental income, expand your investment portfolio, or live in one unit while offsetting expenses with the other, this duplex presents a compelling combination of character, flexibility, and location.

509 4th Street, Albert Lea

Listing courtesy of Coldwell Banker Realty - Lakes.