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Listed price in listed location currency (USD).
$239,000

320

MLS® 6816926

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 3496 sqft
Garage 
Taxes $2,128
Days Active 155
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $68
MLS® Number 6816926

Property Address: 115 N Newton Ave, Albert Lea, MN, 56007-2431

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 115 Newton N Avenue, where modern luxury meets unbeatable location! Whether you’re looking for an investment property with outstanding ROI, a turn-key Airbnb, long term lease property, or a stylish live/work setup, this stunning, fully renovated gem has it all! Prime Features & Flexibility • Brand-new off-street parking lot with 24-hour parking—a rare find downtown! • Zoned for both commercial and residential use – endless possibilities! o Run your business on the main level and live upstairs, o OR operate commercial spaces on both floors, o OR lease out as two separate income-producing units! • Not eligible for traditional home mortgages – must be financed as a commercial loan (but the ROI makes it worth every penny!). Completely Renovated, Top to Bottom Step inside and fall in love with this modern masterpiece, featuring: • Gorgeous hardwood flooring throughout entire main level • Stainless steel appliances • Stylish sliding barn door • Beautiful tiled bathroom with glass shower • All new windows, newer roof and Central Air Everything you see stays! That’s right—this property comes fully furnished with chic living room, dining, and bedroom sets, plus gaming and recreation equipment (ping pong, foosball, basketball hoop game, air hockey & more!). Smart Investment, Strong Returns With Airbnb or long-term leasing, projected income exceeds $30, 000+ per year with only $8, 000/year in total expenses (utilities, internet, garbage—all in!). That’s serious cash flow from day one. Unbeatable Location & Lifestyle Wake up every morning to gorgeous Fountain Lake views from every window, and step outside to a lifestyle that’s pure Minnesota magic: • Just steps to the lake for walking, biking, or jogging • A short stroll to Fountain Lake Pavilion for live music and community events • Walk to Downtown Albert Lea’s revitalized core with endless dining, shopping, fitness, and entertainment options — including the Marion Ross Theatre, local pubs, cafés, the public library, and more! And despite the location this building is shockingly private and unbelievably QUIET with the acoustic tiles! You don’t hear a thing! Turn-Key, Move-In Ready Whether you’re ready to launch your next business, start earning passive income, or live in luxury while your property pays for itself, 115 Newton N Avenue delivers. Modern. Profitable. Perfectly Located. Your next great investment—and your best lifestyle—start right here.
MLS® Number6816926
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
BasementBlock
DrivewayPaved Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 12, 2025List Date
$239,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $135,000 and $291,000.
Similar properties in this area sold on average for: $135,211
Expected to sell very soon! Similar properties sold in 52 days. This home has been on Zoocasa for 155 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
115 N Newton Ave, Albert Lea, MN

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