Search
Two-Unit Duplex with Tenants
For Sale
$164,999

922 Jefferson Avenue, Albert Lea, MN 56007

Residential Income, Albert Lea, MN

Property Size1,637 SF
Lot Size0.14 Acres
Price / SF$100.79
Days on Market174

Property Features for 922 Jefferson Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 2
Exterior features Vinyl
Subdivision Railroad Add
High school district Albert Lea
Directions RAILROAD ADDITION LOT-011 BLOCK-014 LOT 11 BLK 14 RAILROAD ADDITION
Standard status Active
APN 340141470
Size 1,637 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 864

Utilities

Heating system Forced Air

Building Details

Year built 1892
Listing Agency: National Realty Guild
Listed By: Sandy Ruiz
Added: Apr 15 Changed: Oct 3 Last Checked: Oct 5 at 12:06PM
MLS# 7056059

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-unit duplex contains 1,637 square feet, with each residence arranged around two bedrooms, one bathroom, a kitchen, and a living room. The building has vinyl exterior siding and forced-air heating, with construction dating to 1892. Both units are occupied by tenants who pay rent monthly.

The property sits on a 0.14-acre lot at 922 Jefferson Avenue in Albert Lea, Minnesota. Its layout provides two distinct residential units within one building, with separate living, sleeping, and kitchen areas for each residence.

Key Highlights

  • Two‑unit duplex with 1,637 square feet of building area
  • Each unit includes 2 bedrooms, 1 bathroom, a kitchen, and a living room
  • Both units are tenant‑occupied with monthly rent payments

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open 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.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

604
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Tenant-occupied property with separate kitchens, living rooms, and residential utility systems in each unit.
Where is this duplex located?
The property is located at 922 Jefferson Avenue 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 building area; Each unit includes 2 bedrooms, 1 bathroom, a kitchen, and a living room; Both units are tenant‑occupied with monthly rent payments
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again