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MLS: #7113049, Listed By: Anna Rahn, HomeProz Real Estate, Source:FargoMoorhead Area Association of REALTORS

918 Jefferson Avenue

Albert Lea, MN 56007
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Bed 4

Bed

Bath 2

Bath

SqFt1,316

Sqft

Acres0.14

Acre(Lot)

Whether you're looking to expand your investment portfolio or purchase a property with the opportunity to offset your mortgage, this versatile up/down duplex offers exceptional potential! It’s conveniently located in Albert Lea, has Central AC, a detached double garage, replacement windows, and great income-producing potential! There is flexibility to continue as a duplex or easily convert it back into a spacious single-family home. The main level unit: • Offers comfortable living space! • Three bedrooms with generous closet space and built-in storage • Full bathroom • Spacious living room • Large kitchen featuring abundant cabinetry The upper-level unit: • One-bedroom with large closet • Large bright living room area with newer carpet • Full bathroom with ample storage • A kitchen th at opens to a private deck overlooking the neighborhood—an inviting space to relax and unwind. Additional features for this property include hardwood floors and charming built-ins! Based on current market rents, the property offers an estimated rental income potential of $1,850+ per month, with the main level projected at $1,000+ per month and the upper level at approximately $850 per month. The property is currently vacant, allowing a new owner the opportunity to select tenants and establish market rents from day one. Affordable duplexes continue to see strong buyer demand in Albert Lea, making this an attractive opportunity for investors, owner-occupants, or buyers seeking a property with future flexibility and upside potential.

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Detail Ic Property Details

Property Type : Residential Income

Price : $119,900

AD Id : 88214045

MLS Id : 7113049

Beds : 4

Lot Size : 0.14 Acre

Living Area Size : 1,316

Year Built : 1900

Garage : 2

County : Freeborn

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2

    Room Information

    Has Basement: Yes Basement: Block, Concrete
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Roof: Asphalt, Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air

  • Building Information

    Year Built: 1900 Building Area Total: 1940 Stories: 2 Patio And Porch Features: Deck Private Pool: No

  • Lot Information

    Lot Dimensions: 50x122 Main Square Feet: 0.14 Acres Lot Size Acres: 0.14 Lot Size Square Feet: 6098.4

    Property Information

    Subdivision: Railroad Add Source Property Type: Residential Income Postal Code Plus 4: 2411 Property SubType: Duplex Levels: Two Property Age: 126

  • Listing Price Information

    Listing Price: $119900

  • Tax Information

    Parcel Number: 340141480 Tax Year: 2025 Annual Tax: $1500 Tax Legal Desc: RAILROAD ADDITION LOT-012 BLOCK-014 LOT 12 BLK 14 RAILROAD ADDITION

  • Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: From Main Street in Albert Lea, head West on Front Street, left on Jefferson, house on right WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1012-1018 Wealthy Street, Albert Lea, MN, 56007 $249,900 -- 1 2,080 2,080 SqFt
640 Marshall Street, Albert Lea, MN, 56007 $169,900 6 3 2,178 2,178 SqFt
509 4th Street, Albert Lea, MN, 56007 $189,000 7 3 1,890 1,890 SqFt
413 Hawthorne Street, Albert Lea, MN, 56007 $229,900 4 3 2,356 2,356 SqFt
220 E 7th Street, Albert Lea, MN, 56007 $249,900 4 4 2,800 2,800 SqFt
922 Jefferson Avenue, Albert Lea, MN, 56007 $164,999 4 2 1,637 1,637 SqFt
919 W Front Street, Albert Lea, MN, 56007 $169,900 6 2 2,064 2,064 SqFt
221 N 3rd Avenue, Albert Lea, MN, 56007 $169,900 3 2 1,990 1,990 SqFt
1429 31 Spartan Avenue, Albert Lea, MN, 56007 $259,000 4 4 2,276 2,276 SqFt
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 07/23/2026 @ 08:46

MLS: 7113049 LISTED BY: Anna Rahn, HomeProz Real Estate 507-373-5660 SOURCE: FargoMoorhead Area Association of REALTORS

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