Albert Lea, MN Multifamily properties for sale

Updated: Jun 24

Side-by-Side Duplex with Attached Garages

1012-1018 Wealthy Street, Albert Lea, MN 56007

$249,900

2,080 sqft · 2.00 AC lot

Side‑by‑side duplex built in 2000 with single‑level layouts
Each unit has 2 bedrooms and 1 full bathroom
Main level laundry hook‑ups in each unit
Each unit includes a single attached garage plus driveway parking
Separate gas and electric utilities for each unit

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Updated: Apr 15

Duplex Income Property

922 Jefferson Avenue, Albert Lea, MN 56007

$164,999

1,637 sqft · 0.14 AC lot

Duplex with two units; each unit has 2 bedrooms, 1 bathroom, kitchen, and living room
Tenants are in place and paying monthly rent
Year built: 1892
Heating: forced air
Exterior features: vinyl

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 2 Active listings in Albert Lea, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Cash-Flowing Multifamily Building

331 E Vine Street, Owatonna, MN 55060

$275,000

3,096 sqft · 0.29 AC lot

Well-located multifamily building available as part of a buy-in portfolio, either individually or packaged.

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Fully Leased Triplex with Renovated Unit

1110 W Oakland Avenue, Austin, MN 55912

$295,000

2,208 sqft · 0.14 AC lot

Triplex in Austin with a newer roof and three leased units, including a renovated 1-bedroom residence.

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Side-by-Side Duplex with Garages

907 8th Street SE, Austin, MN 55912

$219,900

1,522 sqft · 0.14 AC lot

Well-kept side-by-side duplex offers two separate 2-bedroom units with garages, decks, and individually metered utilities.

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Mixed-Use Building in Historic District

315 N Cedar Avenue, Owatonna, MN 55060

$388,900

6,200 sqft · 0.12 AC lot

Well-maintained mixed-use building with retail and residential spaces.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Lakeshore Recreation Land Parcel

Tripp, Fulda, MN 56131

$124,900

9.30 AC lot

Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

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Development Land Off Freeway

101 Morris Avenue, Hinckley, MN 55037

$799,000

9.20 AC lot

Multi-purpose acreage near the freeway offers flexibility for a range of development concepts.

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Buildable Residential Lot with Pines

Bollig Court lot: 2, Nekoosa, WI 54457

$35,000

2.45 AC lot

A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

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Land for Multi-Family Housing

1610 7th Avenue E, Alexandria, MN 56308

$249,900

2.16 AC lot

2.16 acre lot zoned for multi-family housing development.

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Off-Market Properties in Albert Lea, MN

Consider similar Off-Market properties in Albert Lea, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

108 Adams Ave, Albert Lea, MN 56007-2501

Value Estimation by Request

3,572 sqft

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