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Two-Unit Duplex
For Sale
$94,900

214 W College Street, Albert Lea, MN 56007

Two separate residences provide distinct spaces for rental use.

Property Size1,449 SF
Price / SF$65.49
Days on Market31

Property Features for 214 W College Street

General Information

Standard status Active
Size 1,449 SF
Property subtype Duplex Up and Down

Additional Details

Multifamily Units 2

Building Details

Year Built 1888
Listing Agency: eXp Realty
Listed By: Dillon Robert Dale · License #40718582
Source: Obviousrealestate
Added: Oct 1 Changed: Oct 30 Last Checked: Oct 30 at 3:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

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Investment Insights

Based on property information with market context.

This duplex contains two separate units within a 1,449-square-foot property built in 1888. The two-unit configuration provides separate living spaces under one property address.

Located at 214 W College Street in Albert Lea, the property is described as near local amenities, schools, shopping, and downtown.

Key Highlights

  • Two separate rental units
  • 1,449 square feet
  • Built in 1888

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

958
Businesses Nearby

Demographics for 56007, MN

21,434
Population
9,873
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
88%
High-School Grad
169.3 sq mi
ZIP Area
127
Density / Sq Mi
$66,479
Median Household Income
$43,867
Median Earnings
$843
Median Rent
$161,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences provide distinct spaces for rental use.
Where is this duplex located?
The property is located at 214 W College Street Albert Lea, MN.
What is the asking price?
The asking price for this property is $94,900.
What are key features of this property?
This property features: Two separate rental units; 1,449 square feet; Built in 1888
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