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$179,900 Just Listed

  • For Sale
  • Active
  • Duplex
  • 5 Beds
  • 2 Total Baths
  • 1,792 Sq. Ft.
  • 2 Car Garage
  • Updated 22 hours ago
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Very nice up and down duplex. Main floor unit offers 3 bedrooms, 1 bath, full basement, back deck and a fenced in yard. Upper unit offers 2 bedrooms, 1 bathroom, spacious living area with in unit laundry. Detached garage with parking.

Full Property Details for 506 W College St

General

  • Price: $179,900
  • Taxes: $3,994 (2026)
  • Status: Active
  • Type: Duplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7131214
  • Updated: 8/22/2026
  • Added to Site: 2 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 5

Other Rooms

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

Exterior

  • Porch/Patio/Deck: Deck

Parking

  • Garage: Yes
  • Garage Description: 18 x 20
  • Garage Spaces: 2
  • Parking Features: Detached Garage, Gravel, Concrete

Location

  • County: Freeborn
  • Township: Albert Lea
  • Subdivision: Morins Add
  • Driving Directions: South on I-35, Exit 12, left turn on Euclid Ave. Right on college street.

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.: Block, Single Tenant Access
  • Foundation Size: 896
  • Roof: Age Over 8 Years, Asphalt
  • Disability Access: None
  • Square Feet: 1,792
  • Above Ground: 1,792 Sq. Ft.
  • Below Ground: 896 Sq. Ft.
  • Finished Down/Base.: 2,688 Sq. Ft.
  • Year Built: 1883

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.183
  • Lot Dimensions: 65 x 123
  • Frontage: City Street
  • Zoning: Residential-Multi-Family
  • Fencing (Description): Chain Link

Financial Considerations

  • Tax Amount: $3,994
  • Tax Year: 2026
  • Terms: Conventional, Cash
  • Owner Pays: Gas, Trash Collection, Water
  • Tenant Pays: Electricity
  • Pays Electric: Tenant Pays
  • Pays Gas: Owner Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: MORIN'S ADDITION E 65 FT OF LOT 5 BLK 6 MORINS ADDITION
  • Property ID: 340072040

Listed by Robert Hoffman Realty Inc.

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Listing agent

— 506 W College St —

  • Robert Hoffman Realty Inc.

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NMLS#: 1598647

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Schools serving 506 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-50.6 mi
Southwest Middle School
1601 West Front Street, Albert Lea, MN 56007
6-70.9 mi
Albert Lea Senior High School
2000 Tiger Lane, Albert Lea, MN 56007
8-122.2 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 506 W College St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/21/2026
Listed
$179,900
93.44%
MLS
6/18/2018
Sold
$93,000
—
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 506 W College St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,134
11%
$217,900
—
2024
$3,722
10%
$217,900
29%
2023
$3,398
-1%
$168,800
8%
2023
$3,418
26%
$155,900
—
2020
$2,722
—
$155,400
45%
2020
$2,722
—
$107,200
10%
2020
$2,722
52%
$97,200
6%
2019
$1,790
10%
$91,600
100%
2018
$1,624
18%
100%
2016
$1,378
—
—
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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506 W College Street, Albert Lea, MN 56007 (MLS# 7131214) is a Duplex property with 5 bedrooms and 0 full bathrooms. 506 W College Street is currently listed for $179,900 and was received on August 21, 2026. Want to learn more about 506 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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