411 Court St, Albert Lea, MN

Name: 411 Court St, For Sale in Albert Lea - Zoocasa
Brand: HomeProz Real Estate
SKU: 6765157
Price: 180000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$180,000

000

MLS® 6765157

Key Facts
Description
Map

Key Facts

Type Quadruplex

Levels Residential Income

Size 2322 sqft

Garage No

Taxes $2,407

Days Active 128

Lot Size

Approx. Age 1915

Avg. Price Per Sqft $77

MLS® Number 6765157

Property Address: 411 Court St, Albert Lea, MN, 56007-4613

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

Description

Fantastic 4-Plex Investment Opportunity! This well-maintained 4-unit property is a rare find for both seasoned investors and owner-occupants alike. Live in one apartment and let the rental income cover your mortgage, or simply enjoy steady cash flow from a fully rented building with long-term tenants. Property Highlights: • Solid investment with established tenants and consistent rental history • Roof less than 10 years old, cedar siding, and newer landscaping • Ample off-street parking, two decks, and attractive curb appeal • Located in a revitalized neighborhood with continued growth potential Financials: • Estimated Rental Income: $2, 325/month ($27, 900/year) • Estimated Expenses: $925/month ($11, 100/year) • Net Income Potential: $1, 400/month ($16, 800/year) Current Units & Tenants: • Apt 1: $475/month – Upstairs Efficiency – 13-year tenant • Apt 2: $575/month – Upstairs 1 Bed/1 Bath – 1-year tenant • Apt 3: $575/month – Main 1 Bed/1 Bath – 4-year tenant • Apt 4: $700/month – Main 1 Bed/1 Bath – currently owner-occupied Apartment Features: • All units include window A/C and appliances • Utilities (electric, gas, water, garbage, satellite) included in rent • Basement with sump pump, water heater, and furnace Owner’s Apartment (Apt 4): Beautifully updated 1 bed/1 bath unit featuring: • Kitchen with pantry, stainless steel fridge, range, and dishwasher • Stackable washer/dryer hookups • Enclosed dog door with access to large outdoor kennel • Spacious dining & living areas, full bath with tub/shower • Gorgeous original woodwork, front & back entrances, and private deck • A must-see home full of character! Additional Details: • Buyer to pay closing costs Don’t miss this opportunity to own a strong income-producing property with long-term stability and the option for owner occupancy.

MLS® Number6765157

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageNo

Approx. Age1915

BasementBlock, Owner Access, Storage Space, Sump Basket, Sump Pump, Unfinished, Walkout

Driveway

Garage Spaces0

Heat

A/C

Heating Fuel

Extras

Similar Listings

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 31, 2025List Date

$180,000List Price

Commute

Commute

Starting Address

Destination Address

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