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    Albert Lea, MN
    Quadplex

    Albert Lea, MN Quadplexes for Sale

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    Hayward, MN Clarks Grove, MN Glenville, MN
    Four-Plex with Commercial Unit
    Updated: Jul 3
    Four-Plex with Commercial Unit

    220 E 7th Street, Albert Lea, MN 56007

    $249,900
    2,800 sqft · 0.16 AC lot
    3‑bedroom, 4‑bath 4‑plex on the corner of 7th Street and James Ave, with four separate rental spaces
    Includes a commercial unit currently operating as a laundry service; previously a salon and could be converted back to residential or salon use
    Continuously rented with a licensed city rental operation; rent is just under $3,000/month and tenants pay their own utilities
    Remodeled since purchase with a new roof, metal siding, new electric services, and mini‑splits (ductless heating)
    Parking includes a large gravel lot plus a 3‑stall detached garage and carport
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Renovated Mankato Townhome Quadplex
    Renovated Mankato Townhome Quadplex

    412 Holly Lane, Mankato, MN 56001

    $1,195,000
    0.44 AC lot

    Fully renovated, occupied 4-unit townhome with modern appeal and income stability.

    View details
    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    706 W 12th Street, Cedar Falls, IA 50613

    $270,000
    0.24 AC lot

    Four one-bedroom, one-bath units with individual electric meters; three are leased and owner covers select utilities and exterior upkeep.

    View details
    Four-Unit Residential Property with Newer Roof
    Four-Unit Residential Property with Newer Roof

    303 N Broad Street, Mankato, MN 56001

    $375,000
    0.15 AC lot

    Turnkey quadplex with three 1-bedroom and one 2-bedroom unit, shared laundry, and a 2019 roof.

    View details
    Remodeled Fourplex Near University of Iowa
    Remodeled Fourplex Near University of Iowa

    2007 College St, Cedar Falls, IA 50613

    Contact for pricing

    Fourplex with modern updates near the University of Iowa.

    View details

    Albert Lea, MN Quadplexes Market Trends and Statistics

    Explore 1 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 $249,900.

    Sale prices for four-unit buildings in Albert Lea, MN start at $249,900, averaging $249,900, and reaching up to $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 2

    Demographics Overview

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

    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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