$2,019 Closing Credit¹
#6736606, Listing office: National Realty Guild
$79,900 List price
415 College St Albert Lea, MN 56007
$949
Closing credit¹
2,515 sqft
$32 / sqft
Multi-Family
Property details
About 415 College St
If you are looking for a multi-unit building and you have the ability to do the remodel yourself, this is a great opportunity. We gutted most of the kitchens and bathrooms in preparation for a remodel. The exterior has been recently painted and the roof doesn't leak. Additionally, the utilities are separate for each unit. There is a furnace in the basement ready to replace the old one that is there. There was a small water loss event in one unit a year ago or so and the plumbing would need to be repaired. This has the potential to have (3) 2 bedroom 1 bath units that could rent starting at $850/mo. each depending on how nice the remodel is. The agent is the owner so reach out with any questions. The property is a show and go so schedule through ShowingTime. PLEASE WATCH YOUR STEP IN UNIT 2 AS THE BATHROOM FLOOR HAS BEEN REMOVED IN PREPARATION FOR NEW FLOORING.
Highlights
Home typeTriplex
HeatingForced Air
StatusComing Soon
Size2,515 sqft
BasementYes
Year built1890
MLS #6742759
Summary
- Basement: Yes
- Heating: Forced Air
- List Price: $79,900
- Price/SqFt: $31
- Directions: From Main Street, turn South. Turn left on College St. and the property will be on your right hand side.
- Year Built: 1890
- Living Area: 2,515 SqFt
- MLS Number: 6742759
- MLS Name: NORTHSTAR
- Office Name: Keller Williams Premier Realty
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$79,900
415 College St
$949
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Lakeview Elementary School
Public District KG-5
0.7 mi
•902 Abbott St
6
Sibley Elementary School
Public District KG-5
0.9 mi
•1501 W Front St
3
Hawthorne Elementary School
Public District PK-5
1.1 mi
•1000 E Hawthorne St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,317. Typical income of Albert Lea, MN residents is less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
63%
<35k
26%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
58%
Single, No Kids
18%
Single, with Kids
11%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
7%
12-17 yrs old
32%
18-34 yrs old
34%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
UFC
NHRA Drag Racing- Pro Boxing
Where do the neighbors shop?
Family Dollar
Big Lots
Burlington
Where do the neighbors go to eat?
Burger King
Golden Corral
Popeyes
What do the neighbors drive?
Buick
Kia
Dodge
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Albert Lea, MN
Albert Lea's transport infrastructure includes a network of roads and highways that connect residents to nearby cities and amenities. Public transportation options are available, offering residents alternatives to private vehicle use. The city also features areas that are pedestrian-friendly, encouraging walking and biking as viable modes of transport within the community. Recent efforts have been made to improve transport efficiency and accessibility, ensuring that residents can navigate the area with ease.
The community is served by a network of public schools, healthcare facilities, and a public library system that collectively support the residents' educational and health needs. Retail and dining options are available, reflecting the local culture and providing a range of choices for shopping and cuisine. The city is attentive to the evolving needs of its population and works to enhance services accordingly.
Albert Lea is celebrated for its welcoming small-town charm and community-oriented lifestyle. The city prides itself on its scenic lakes, parks, and recreational areas that offer residents a peaceful and nature-infused environment. Local events and festivals throughout the year contribute to the strong sense of community and celebrate the area's heritage and culture.
Albert Lea's housing market offers a diverse array of options, with single-family homes being the most prevalent, reflecting a mix of architectural styles from classic to contemporary. The market is characterized by a blend of older homes with rich histories and newer constructions that cater to modern living preferences. While the majority of residences are owner-occupied, there is also a selection of rental properties available for those looking to lease.
About 415 College St
The listing price of 415 College St property is $79,900.
The property 415 College St is a multi located in Albert Lea, Minnesota, 56007.
Coming Soon: 415 College St is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.
The nearby schools for 415 College St are: Lakeview Elementary School (GreatSchools Rating 4/10), Sibley Elementary School (GreatSchools Rating 6/10), Hawthorne Elementary School (GreatSchools Rating 3/10), Southwest Middle School (GreatSchools Rating 3/10), Lake Mills Middle School (GreatSchools Rating 5/10), Ellis Middle School (GreatSchools Rating 3/10), Albert Lea Senior High School (GreatSchools Rating 5/10), Albert Lea Area Learning Center (GreatSchools Rating 2/10), Glenville-Emmons Secondary School (GreatSchools Rating 5/10).
The property 415 College St is 2,515 SqFt (source: MLS/tax record).
The year of construction for 415 College St is 1890.
This home is located at 415 College St in Albert Lea, MN and zip code 56007. This 2,515 square foot home was built in 1890. Features: 0 bathroom. It has been listed on Rocket Homes since June 20, 2025 and is currently priced at $79,900.
In May 2025 more than 10 listings in Albert Lea, MN were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 9 were sold below. The number of homes for sale in Albert Lea, MN increased by 12.9% between April and May 2025. Listings spent 103 days on the market in May 2025, and had a median list price of $180,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.