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Two-Unit Duplex with Tenant Occupancy
For Sale
$164,999

922 Jefferson Ave, Albert Lea, MN 56007

Both units offer two bedrooms, one bathroom, a kitchen, and a living area.

Property Size1,637 SF
Price / SF$100.79
Days on Market17

Property Features for 922 Jefferson Ave

General Information

Standard status Active
Size 1,637 SF
Property subtype Multi-Family

Building Details

Year Built 1892
Listing Agency: National Realty Guild
Listed By: Sandy Ruiz
Source: Vibemn
Added: Aug 15 Changed: Aug 31 Last Checked: Aug 30 at 8:39PM

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 National Realty Guild

Investment Insights

Based on property information with market context.

This two-unit duplex provides 1,637 square feet of residential space, with each unit arranged around two bedrooms, one bathroom, a kitchen, and a living room. The property was built in 1892 and is currently occupied by tenants.

Located at 922 Jefferson Ave in Albert Lea, Minnesota, the property offers a straightforward duplex configuration with two separately arranged living spaces. Existing occupancy provides an established residential use for the building, while the unit layout supports distinct household accommodations within the same structure.

Key Highlights

  • Two‑unit duplex with 1,637 square feet of residential space
  • Each unit includes two bedrooms and one bathroom
  • Separate kitchen and living room within each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm HVAC Service Grocery & Convenience Store Bakery Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

405
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both units offer two bedrooms, one bathroom, a kitchen, and a living area.
Where is this duplex located?
The property is located at 922 Jefferson Ave Albert Lea, MN.
What is the asking price?
The asking price for this property is $164,999.
What are key features of this property?
This property features: Two‑unit duplex with 1,637 square feet of residential space; Each unit includes two bedrooms and one bathroom; Separate kitchen and living room within each unit
More about this property
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