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    Albert Lea, MN
    Quadplex

    Albert Lea, MN Quadplexes for Sale

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    Quadplex with Commercial Space
    Updated: Jul 3
    Quadplex with Commercial Space

    220 E 7th Street, Albert Lea, MN 56007

    $249,900
    2,800 sqft 0.16 AC lot
    2,800 SF quadplex with four bedrooms and four bathrooms
    Fourth unit is a commercial space currently operating as a laundry service
    Commercial area previously used as a salon and may convert back to salon use or another apartment
    Recent improvements include roof, metal siding, electric services, mini‑splits, paint, and some flooring
    Detached 3‑stall garage, carport, and large gravel parking lot
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    Quadplex With Commercial Space
    Updated: Jul 7
    Quadplex With Commercial Space

    Albert Lea, MN 56007

    $249,900
    Quadplex with three residential units and a fourth commercial space
    Fourth unit currently operates as a laundry service; previously used as a salon
    Replacement roof, metal siding, electrical service, mini‑splits, paint, and flooring completed
    3‑stall garage plus a large gravel parking lot
    City‑licensed property with tenants responsible for their own utilities
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Albert Lea, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Four-Unit Property with Garage
    Four-Unit Property with Garage

    321 3rd Street NW, Mason City, IA 50401

    $135,000
    3,910 sqft 0.13 AC lot

    Four one-bedroom units with private outdoor areas and a detached three-stall garage.

    View details
    One-Story Brick Fourplex
    One-Story Brick Fourplex

    605 1st Street, Rudd, IA 50471

    $220,000
    2,688 sqft

    Brick one-story fourplex on a corner lot with off-street paved parking and steel roof, fully occupied.

    View details
    4-Unit Quadplex with Garages
    4-Unit Quadplex with Garages

    210-212 4th Street NE, Mason City, IA 50401

    $159,900
    2,736 sqft 0.14 AC lot

    Four one-bedroom apartments feature separate gas and electric metering, basement storage, and shared laundry facilities.

    View details
    Brick Fourplex with Off-Street Parking
    Brick Fourplex with Off-Street Parking

    605 1st Street, Rudd, IA 50471

    $220,000
    0.30 AC lot

    Fully occupied four-unit property with brick construction, metal roofing, and paved off-street parking on a corner lot.

    View details

    Albert Lea, MN Quadplexes Market Trends and Statistics

    Explore 2 quadplexes for sale in Albert Lea, MN on our real estate platform. These investment opportunities span a total of 2,800 square feet of properties for sale, with an estimated market value of $499,800.

    Sale prices for four-unit buildings in Albert Lea, MN average $249,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 10
    Quadplexes 3
    Apartment buildings 1

    Demographics Overview

    Population 21K
    Population Growth (5Y) +1.4%
    Median Household Income $66,479
    College Educated 24.2%

    High-Yield Neighborhoods for Investment

    Identify Albert Lea submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    56007 $249.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.76%
    Property Tax per SF $0.93 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Freeborn County

    New Delisted

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