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$94,900 Just Listed

  • For Sale
  • Active
  • Duplex
  • 2 Beds
  • 2 Total Baths
  • 1,449 Sq. Ft.
  • Updated 1 day ago
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Affordable duplex investment opportunity at 214 W College St in Albert Lea. This cash-flowing property offers two separate units, providing rental income from both sides and an excellent opportunity to build or expand a rental portfolio. The property offers a practical layout, affordable price point, and established rental potential. Whether you're a first-time investor looking for an entry-level property or an experienced landlord adding another unit to your portfolio, this duplex offers the opportunity to generate income while building long-term equity. Conveniently located near local amenities, schools, shopping, and downtown Albert Lea. An affordable duplex with income-producing potential is hard to beat.

Full Property Details for 214 W College St

General

  • Price: $94,900
  • Taxes: $1,548 (2026)
  • Status: Active
  • Type: Duplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7154528
  • Updated: 10/3/2026
  • Added to Site: 4 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Location

  • County: Freeborn
  • Township: Albert Lea
  • Subdivision: Morins Add
  • Driving Directions: S on Broadway from Main St, right on College St, property is on the right

School Information

  • School District: 241 - Albert Lea
  • High School District: Albert Lea

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Foundation Size: 848
  • Disability Access: None
  • Square Feet: 1,449
  • Above Ground: 1,449 Sq. Ft.
  • Below Ground: 848 Sq. Ft.
  • Finished Down/Base.: 2,297 Sq. Ft.
  • Year Built: 1888

Lot Features

  • Lot Size (Acres): 0.176
  • Lot Dimensions: 75 x 103
  • Zoning: Residential-Multi-Family

Financial Considerations

  • Tax Amount: $1,548
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: MORIN'S ADDITION LOT 14 & E 1/2 LOT 13 BLK 4 MORINS ADDITION
  • Property ID: 340071270

Listed by eXp Realty

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— 214 W College St —

  • eXp Realty

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 214 W College St

School District:Albert Lea Public School District
NameGradesDistance
Lakeview Elementary School, Albert Lea, MN
902 Abbott Street, Albert Lea, MN 56007
K-50.7 mi
Southwest Middle School
1601 West Front Street, Albert Lea, MN 56007
6-71.1 mi
Albert Lea Senior High School
2000 Tiger Lane, Albert Lea, MN 56007
8-122.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 214 W College St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/01/2026
Listed
$94,900
122.77%
MLS
5/30/2019
Sold
$42,600
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 214 W College St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,688
18%
$84,500
—
2024
$1,430
11%
$84,500
22%
2023
$1,294
—
$69,300
8%
2023
$1,294
26%
$64,400
—
2020
$1,026
—
$64,200
38%
2020
$1,026
—
$46,500
9%
2020
$1,026
-27%
$42,700
32%
2019
$1,414
3%
$32,400
100%
2018
$1,372
-10%
100%
2016
$1,524
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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214 W College Street, Albert Lea, MN 56007 (MLS# 7154528) is a Duplex property with 2 bedrooms and 0 full bathrooms. 214 W College Street is currently listed for $94,900 and was received on October 01, 2026. Want to learn more about 214 W College Street? Do you have questions about finding other Duplex real estate for sale in Albert Lea? You can browse all Albert Lea real estate or contact a Coldwell Banker agent to request more information.

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