Duplex with Detached
For Sale
$169,900
221 N 3rd Ave, Albert Lea, MN 56007
Two separately entered residences provide a flexible configuration for owner occupancy or rental use.
Property Size1,990 SF
Price / SF$85.38
Days on Market51
Property Features for 221 N 3rd Ave
General Information
Standard status
Active
Size
1,990 SF
Property subtype
Multi-Family
Building Details
Year Built
1908
Listing Agency:
Robert Hoffman Realty Inc.
(507) 456-4667
Listed By:
Daniel Gullickson
Source:
Chrisfritchteam
Added: Jul 13
Changed: Aug 30
Last Checked: Aug 31 at 6:43PM
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 Robert Hoffman Realty Inc.
Investment Insights
Based on property information with market context.
Built in 1908, this 1,990-square-foot duplex contains two independently accessed residences within an up-and-down layout. The lower unit includes 1 bedroom and 1 bath, while the upper residence provides 2 bedrooms and 1 bath. A detached two-stall garage adds covered parking and storage capacity.
The property occupies a corner lot at 221 N 3rd Ave in Albert Lea, Minnesota. With distinct entrances and separate living areas, the configuration supports either an owner-occupied arrangement with an additional residence or continued use as a two-unit income property.
The property occupies a corner lot at 221 N 3rd Ave in Albert Lea, Minnesota. With distinct entrances and separate living areas, the configuration supports either an owner-occupied arrangement with an additional residence or continued use as a two-unit income property.
Key Highlights
- 1,990‑square‑foot duplex on a corner lot
- Lower unit offers 1 bedroom and 1 bath
- Upper unit includes 2 bedrooms and 1 bath
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
536
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separately entered residences provide a flexible configuration for owner occupancy or rental use.
Where is this duplex located?
The property is located at 221 N 3rd Ave Albert Lea, MN.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: 1,990‑square‑foot duplex on a corner lot; Lower unit offers 1 bedroom and 1 bath; Upper unit includes 2 bedrooms and 1 bath
