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$79,900 Sale Pending

  • For Sale
  • Pending
  • Triplex
  • 6 Beds
  • 3 Total Baths
  • 2,515 Sq. Ft.
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If you are looking for a multi-unit building and you have the ability to do the remodel yourself, this is a great opportunity. We gutted most of the kitchens and bathrooms in preparation for a remodel. The exterior has been recently painted and the roof doesn't leak. Additionally, the utilities are separate for each unit. There is a furnace in the basement ready to replace the old one that is there. There was a small water loss event in one unit a year ago or so and the plumbing would need to be repaired. This has the potential to have (3) 2 bedroom 1 bath units that could rent starting at $850/mo. each depending on how nice the remodel is. The agent is the owner so reach out with any questions. The property is a show and go so schedule through ShowingTime. PLEASE WATCH YOUR STEP IN UNIT 2 AS THE BATHROOM FLOOR HAS BEEN REMOVED IN PREPARATION FOR NEW FLOORING.

Full Property Details for 415 W College St

General

  • Price: $79,900
  • Taxes: $742 (2025)
  • Status: Pending
  • Type: Triplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6742759
  • Updated: 12/9/2025
  • Added to Site: 211 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Location

  • County: Freeborn
  • Township: Albert Lea
  • Subdivision: Cottage Place Add
  • Driving Directions: From Main Street, turn South. Turn left on College St. and the property will be on your right hand side.

School Information

  • School District: 1141 - 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

  • Exterior Const.: Block, Stone
  • Basement: Yes
  • Basement Desc.: Block
  • Foundation Size: 1710
  • Disability Access: None
  • Square Feet: 2,515
  • Above Ground: 2,515 Sq. Ft.
  • Below Ground: 750 Sq. Ft.
  • Year Built: 1890

Lot Features

  • Lot Size (Acres): 8,070
  • Lot Dimensions: 67 x 20

Financial Considerations

  • Tax Amount: $742
  • Tax Year: 2025
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Gas
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: COTTAGE PLACE LOT-11& LOTS 11 & 12 COTTAGE PLACE ADDITION
  • Property ID: 340130110

Listed by Keller Williams Premier Realty

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Listing agent

— 415 W College St —

  • Keller Williams Premier 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 415 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 mi
Albert Lea Senior High School
2000 Tiger Lane, Albert Lea, MN 56007
8-122.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 415 W College St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/27/2025
Listed
$79,900
-36.92%
MLS
9/17/2018
Sold
$126,665
—
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 415 W College St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$946
9%
$50,600
27%
2023
$868
—
$39,700
7%
2023
$864
22%
$37,100
—
2020
$710
—
$37,000
34%
2020
$710
—
$27,600
8%
2020
$710
-60%
$25,600
205%
2019
$1,754
106%
$8,400
100%
2018
$852
-25%
100%
2016
$1,130
—
—
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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415 W College Street, Albert Lea, MN 56007 (MLS# 6742759) is a Triplex property with 6 bedrooms and 0 full bathrooms. 415 W College Street is currently listed for $79,900 and was received on June 20, 2025. Want to learn more about 415 W College Street? Do you have questions about finding other Triplex 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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