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Listed price in listed location currency (USD).
$119,900

422

MLS® 7113049

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 1316 sqft
Garage Yes
Taxes $1,500
Days Active 0
Lot Size 0.14 Acres
Approx. Age 1900
Avg. Price Per Sqft $91
MLS® Number 7113049

Property Address: 918 Jefferson Ave, Albert Lea, MN, 56007-2720

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

Description

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 that 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.
MLS® Number7113049
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1900
BasementBlock
Driveway
Garage Spaces
HeatForced Air
A/C

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

363 days

Today, For Sale for $119,900

IMG_2510.jpeg
For Sale · 0 days

$119,900

MLS® 7113049

16 hours ago

Not Sold Yet

July 2026, For Sale for $119,900

IMG_2510.jpeg
For Sale · 0 days

$119,900

MLS® 7113049

16 hours ago

Not Sold Yet

July 2025, For Sale for $119,900

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For Sale · 363 days

$119,900

MLS® 6759735

A year ago

Not Sold Yet

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