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$154,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,195 Sq. Ft.
  • 1 Car Garage
  • Updated 5 hours ago
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Very well-maintained 3-bedroom, 2.5-bath home located in the heart of Albert Lea. This 1,195 sq ft property features a functional layout with one bedroom on the main level and additional bedrooms upstairs, offering flexibility for a variety of living arrangements. Enjoy the spacious 18x22 deck-perfect for entertaining or relaxing outdoors-along with a garage and off-street parking for added convenience. Ideally situated within walking distance to Fountain Lake walking trails, the beach, and the skate park, this home offers the best of location and lifestyle. Take in lake views from both the front and backyard, adding to the charm of this well-cared-for property. A move-in ready home in a prime location-schedule your showing today!

Full Property Details for 507 Alice Ave

General

  • Price: $154,900
  • Taxes: $1,606 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7063135
  • Updated: 4/28/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Detached Garage, Concrete

Location

  • County: Freeborn
  • Township: Albert Lea
  • Subdivision: Clausens First Sub
  • Driving Directions: from Johnson Street, head south on Alice Ave. house next to the corner house on west side

School Information

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

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer in Street
  • Water: City Water (In-Street)

Structural Information

  • Basement: Yes
  • Basement Desc.: Block
  • Foundation Size: 576
  • Disability Access: None
  • Square Feet: 1,195
  • Above Ground: 1,195 Sq. Ft.
  • Finished Down/Base.: 1,195 Sq. Ft.
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.114
  • Lot Dimensions: 5000 sqft
  • Zoning: Residential-Single Family

Financial Considerations

  • Tax Amount: $1,606
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: CLAUSEN'S FIRST SUBDIVISION N 50 FT LOT 9 CLAUSENS FIRST SUB
  • Property ID: 341760090

Listed by Robert Hoffman Realty Inc.

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Listing agents

— 507 Alice 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 507 Alice Ave

School District:Albert Lea Public School District
NameGradesDistance
Hawthorne Elementary School
1000 East Hawthorne Street, Albert Lea, MN 56007
K-50.5 mi
Albert Lea Senior High School
2000 Tiger Lane, Albert Lea, MN 56007
8-121.5 mi
Southwest Middle School
1601 West Front Street, Albert Lea, MN 56007
6-71.6 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 507 Alice Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/27/2026
Listed
$154,900
23.92%
MLS
1/21/2022
Sold
$125,000
—
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 507 Alice Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,674
10%
$136,500
2%
2023
$1,516
-7%
$134,300
12%
2023
$1,628
47%
$119,400
-6%
2020
$1,106
—
$127,000
31%
2020
$1,106
—
$97,000
14%
2020
$1,106
23%
$85,200
14%
2019
$900
3%
$74,800
100%
2018
$872
-6%
100%
2016
$932
—
—
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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507 Alice Avenue, Albert Lea, MN 56007 (MLS# 7063135) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 507 Alice Avenue is currently listed for $154,900 and was received on April 27, 2026. Want to learn more about 507 Alice Avenue? Do you have questions about finding other Single 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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