#6736606, Listing office: National Realty Guild
$189,000 List price
509 4th St Albert Lea, MN 56007
1,890 sqft
$100 / sqft
Multi-Family
Property details
About 509 4th St
This charming up-down duplex in Albert Lea blends classic curb appeal with the ease of modern living, creating an ideal opportunity for investors or owner-occupants alike. Nestled within walking distance of local shops, dining, and everyday conveniences, the property also enjoys close proximity to Albert Lea Lake’s scenic beaches and celebrated natural attractions. The duplex features a thoughtfully maintained exterior, including a spacious front yard perfect for outdoor gatherings and a detached 2-car garage offering practical storage and off-street parking. Both units benefit from a quiet, residential setting that feels distinctly country while remaining connected to the heart of town. Whether you're seeking stable rental income or a comfortable home with an additional unit, this Albert Lea duplex delivers the ideal mix of serenity, charm, and everyday convenience.
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
Size1,890 sqft
BasementYes
Year built1888
ParkingDetached
MLS #6736360
Garage2 spaces
Summary
- Basement: Yes
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Detached
- Heating: Forced Air
- List Price: $189,000
- Price/SqFt: $100
- Directions: From I-35 S to I-35BUS/US-65 S in Albert Lea. Take exit 12 from I-35 S, Continue on I-35BUS/US-65 S. Drive to E 4th St.
- Year Built: 1888
- Living Area: 1,890 SqFt
- MLS Number: 6736360
- MLS Name: NORTHSTAR
- Office Name: Coldwell Banker Realty
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
5
Halverson Elementary School
Public District PK-5
0.7 mi
•707 E 10th St
3
Hawthorne Elementary School
Public District PK-5
1.2 mi
•1000 E Hawthorne St
4
Lakeview Elementary School
Public District KG-5
1.3 mi
•902 Abbott 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 $48,750. The majority of Albert Lea, MN residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
37%
<35k
56%
35k-100k
6%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
38%
Single, No Kids
12%
Single, with Kids
32%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
9%
12-17 yrs old
22%
18-34 yrs old
42%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Figure Skating
NASCAR
Where do the neighbors shop?
Academy Sports & Outdoors
Kmart
Dollar General
Where do the neighbors go to eat?
Little Caesars
Bob Evans
Cracker Barrel
What do the neighbors drive?
Chevrolet
Buick
Ram
What do the neighbors listen to?
Country
Oldies- Classic Country
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 509 4th St
The listing price of 509 4th St property is $189,000.
The property 509 4th St is a multi located in Albert Lea, Minnesota, 56007.
Active Listing: 509 4th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 509 4th St are: Halverson Elementary School (GreatSchools Rating 5/10), Hawthorne Elementary School (GreatSchools Rating 3/10), Lakeview Elementary School (GreatSchools Rating 4/10), 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 509 4th St is 1,890 SqFt (source: MLS/tax record).
The year of construction for 509 4th St is 1888.
This home is located at 509 4th St in Albert Lea, MN and zip code 56007. This 1,890 square foot home was built in 1888. Features: 0 bathroom. It has been listed on Rocket Homes since June 10, 2025 and is currently priced at $189,000.
Over 3 listings were sold over their listed price in June 2025 in Albert Lea, MN. In the same period over 8 listings were sold below the listed price and 2 listings were sold for the listed price. In June 2025 in Albert Lea, MN there were 2.9% more homes for sale than in May. Listings spent 46 days on the market in June 2025, and had a median list price of $185,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.