Two-Unit Duplex with Detached
For Sale
$179,900
506 W College St, Albert Lea, MN 56007
Two-level income property with separate residences, private outdoor space, and on-site parking.
Property Size1,792 SF
Price / SF$100.39
Days on Market52
Property Features for 506 W College St
General Information
Standard status
Active
Size
1,792 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Amenities
full basement
back deck
fenced in yard
in unit laundry
detached garage
Building Details
Year Built
1883
Listing Agency:
Robert Hoffman Realty Inc.
Listed By:
Daniel Gullickson
(507) 456-4667
Source:
Tayloronken
Added: Aug 26
Changed: Sep 14
Last Checked: Oct 7 at 5:41PM
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.
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Investment Insights
Based on property information with market context.
This two-unit duplex includes a main-floor residence with three bedrooms, one bathroom, a full basement, a rear deck, and a fenced yard. The upper residence provides two bedrooms, one bathroom, a spacious living area, and in-unit laundry. A detached garage and parking are also included.
The property is located at 506 W College St in Albert Lea, Minnesota. The reported property size is 1,792.
The property is located at 506 W College St in Albert Lea, Minnesota. The reported property size is 1,792.
Key Highlights
- Main‑floor unit with 3 bedrooms, 1 bathroom, full basement, back deck, and fenced yard
- Upper unit includes 2 bedrooms, 1 bathroom, spacious living area, and in‑unit laundry
- Detached garage with parking
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
897
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-level income property with separate residences, private outdoor space, and on-site parking.
Where is this duplex located?
The property is located at 506 W College St Albert Lea, MN.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Main‑floor unit with 3 bedrooms, 1 bathroom, full basement, back deck, and fenced yard; Upper unit includes 2 bedrooms, 1 bathroom, spacious living area, and in‑unit laundry; Detached garage with parking
