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    Albert Lea, MN Residential Income Properties for Sale

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    Versatile Commercial Property with Residential Space
    $325,000
    11,200 SF

    Versatile Commercial Property with Residential Space

    226 E Clark St, Albert Lea, MN 56007

    Operating car service station with updated residential living space above.

    • Fully operating 8,200 sq ft 4‑bay car service station with existing customer database.
    • Enjoy over 3,000 sq ft of updated residential living space with 4 bedrooms and 2 bathrooms.
    • Option to continue auto service operation or convert commercial space for different use.
    • Includes newer windows and appliances, gas fireplace, and billiard room with pool table.
    • Full 3,000+ sq ft basement level for conversion to living or shop space.
    Updated: Jan 27
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    Updated Condo with Lake Views
    Contact for pricing

    Updated Condo with Lake Views

    212 Broadway Ave N, Albert Lea, MN 56007

    Updated 2 bed, 2 bath condo near downtown amenities.

    • Unbeatable location steps from downtown dining, shopping, and events.
    • Panoramic lake views from the sunroom.
    • Updated 2 bedroom, 2 bath condo with modern finishes.
    • Spacious primary suite with a sleek master bath.
    • Enjoy the open concept living area and modern kitchen with new appliances.
    Updated: Oct 21, 2025
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    Based on your search, we've compiled 17 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 10 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Mixed-Use Buildings in Forest City
    $250,000

    Mixed-Use Buildings in Forest City

    Turn-key investment opportunity with residential and commercial income streams.

    111 N Clark St, Forest City, IA 50436
    View details
    Mixed-Use Investment Opportunity
    $250,000
    0.06 Acres

    Mixed-Use Investment Opportunity

    Two mixed-use buildings with rental units and established businesses.

    109 N Clark St, Forest City, IA 50436
    View details
    Turnkey Apartment Buildings in Rake, IA
    Pending
    $299,900
    1.74 Acres

    Turnkey Apartment Buildings in Rake, IA

    Two 4-unit buildings with updates on 1.74 acres.

    204 3 St SW, Rake, IA 50465
    View details
    Rake, IA 8-Unit Apartment Complex
    $325,900
    1.74 Acres

    Rake, IA 8-Unit Apartment Complex

    Turnkey multifamily, positive cash flow, great upside.

    204 3 St, Rake, IA 50465
    View details

    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.

    Prime Commercial Land I-35 Frontage
    $975,000
    6.50 Acres

    Prime Commercial Land I-35 Frontage

    6.5± acre commercial land with utilities and flexible zoning.

    21133 775Th Ave, Albert Lea, MN 56007
    View details

    Explore 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.

    Albert Lea, MN 56007

    Albert Lea, MN 56007

    MOBILE HOME PARK, TRAILER PARK • 0.52 Acres
    Value Estimation by Request
    Albert Lea, MN 56007
    View details
    605 19th St

    605 19th St

    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request
    605 19th St, Albert Lea, MN 56007
    View details
    Albert Lea, MN 56007

    Albert Lea, MN 56007

    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request
    Albert Lea, MN 56007
    View details
    Albert Lea, MN 56007

    Albert Lea, MN 56007

    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request
    Albert Lea, MN 56007
    View details
    108 Adams Ave

    108 Adams Ave

    APARTMENT HOUSE (5+ UNITS) • 3,572 SF
    Value Estimation by Request
    108 Adams Ave, Albert Lea, MN 56007-2501
    View details
    1714 Margaretha Ave

    1714 Margaretha Ave

    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request
    1714 Margaretha Ave, Albert Lea, MN 56007-3232
    View details
    2401 Ethel Ave

    2401 Ethel Ave

    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request
    2401 Ethel Ave, Albert Lea, MN 56007-5309
    View details
    1714 Margaretha Ave

    1714 Margaretha Ave

    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request
    1714 Margaretha Ave, Albert Lea, MN 56007-3232
    View details

    Albert Lea, MN Residential Income Properties Investment Opportunities Market Analysis

    Explore 10 residential income properties for sale in Albert Lea, MN on our real estate platform. These investment opportunities span a total of 12,066 square feet of properties for sale, with an estimated market value of $325,000.

    Sale prices for residential income properties in Albert Lea, MN start at $325,000, averaging $325,000, and reaching up to $325,000 — 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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    Browse Residential income properties for Sale Near Albert Lea, MN

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    Most Searched ZIP Codes in Albert Lea, MN

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