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$169,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 3 Total Beds
  • 2 Car Garage
  • Updated 3 days ago
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Spacious up-and-down duplex located on a corner lot. Each unit offers comfortable living space with separate entrances, making it ideal for owner-occupants or investors. Property features a 1 bedroom, 1 bath main level unit with a 2 bedroom, 1 bath upper unit. Detached 2 stall garage. Schedule your showing today.

Full Property Details for 221 N 3rd Ave

General

  • Price: $169,900
  • Taxes: $1,426 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7035715
  • Updated: 3/13/2026
  • Added to Site: 4 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Basement, In Unit, In Basement, In Unit

Exterior

  • Porch/Patio/Deck: Covered, Deck

Parking

  • Garage: Yes
  • Garage Description: 24 x 26
  • Garage Spaces: 2
  • Parking Features: Detached Garage

Location

  • County: Freeborn
  • Township: Albert Lea
  • Subdivision: Morins Add
  • Driving Directions: I-35 south to highway 65 south, Right turn on Marshall st, left turn on Bridge Ave. Right turn on Fountain St. E, left turn on Third Ave N.

School Information

  • School District: 1141 - Albert Lea
  • High School District: Albert Lea

Heating & Cooling

  • Heating Type: Boiler
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Basement Desc.: Block, Unfinished
  • Foundation Size: 980
  • Roof: Age Over 8 Years, Asphalt
  • Disability Access: None
  • Square Feet: 1,990
  • Above Ground: 980 Sq. Ft.
  • Below Ground: 980 Sq. Ft.
  • Finished Down/Base.: 1,960 Sq. Ft.
  • Year Built: 1908

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.184
  • Lot Dimensions: 66 x 122
  • Frontage: City Street
  • Lot Description: Corner Lot

Financial Considerations

  • Operating Expenses: $4,288
  • Tax Amount: $1,426
  • Tax Year: 2025
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: MORIN'S ADDITION LOT-010 BLOCK-031 LOT 10 BLK 31 MORINS ADDITION
  • Property ID: 340077190

Listed by Robert Hoffman Realty Inc.

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Listing agent

— 221 N 3rd Ave —

  • Robert Hoffman Realty Inc.

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

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

Schools serving 221 N 3rd Ave

School District:Albert Lea Public School District
NameGradesDistance
Lakeview Elementary School, Albert Lea, MN
902 Abbott Street, Albert Lea, MN 56007
K-50.3 mi
Southwest Middle School
1601 West Front Street, Albert Lea, MN 56007
6-70.7 mi
Albert Lea Senior High School
2000 Tiger Lane, Albert Lea, MN 56007
8-122.3 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 221 N 3rd Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/12/2026
Listed
$169,900
47.74%
MLS
5/31/2022
Sold
$115,000
—
Public Record
Get Price Alerts and Save Property
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 221 N 3rd Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,494
10%
$111,100
20%
2023
$1,356
—
$92,800
7%
2023
$1,352
9%
$86,500
—
2020
$1,242
—
$86,300
40%
2020
$1,242
—
$61,600
-8%
2020
$1,242
22%
$67,200
21%
2019
$1,016
-1%
$55,600
100%
2018
$1,028
11%
100%
2016
$924
—
—
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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Listed by Robert Hoffman Realty Inc.

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221 N 3rd Avenue, Albert Lea, MN 56007 (MLS# 7035715) is a Multi-Family property with 2 units containing 3 bedrooms and 0 full bathrooms. 221 N 3rd Avenue is currently listed for $169,900 and was received on March 12, 2026. Want to learn more about 221 N 3rd Avenue? Do you have questions about finding other Multi-Family 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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