Date
Details
Price
Change
Source
10/15/2026
Listed
$189,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$189,000 Just Listed
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Property Description
Classic curb appeal and a versatile up-and-down duplex layout make this Albert Lea property an appealing opportunity for investors and owner-occupants alike. Situated on a quiet residential street, the property features an attractive front yard and a detached two-car garage, with local shopping, dining, and everyday conveniences within walking distance. Albert Lea Lake, area beaches, and the region's outdoor recreation are also nearby, adding to the appeal of this established neighborhood setting. The two-unit configuration offers flexibility for generating rental income, expanding an investment portfolio, or living in one unit while renting the other. Tenants are responsible for electricity, while the owner covers all remaining utilities. With its practical amenities, convenient location, and flexible ownership potential, this duplex offers an opportunity to invest in Albert Lea real estate.
Full Property Details
Full Property Details for 509 E 4th St
General
- Price: $189,000
- Taxes: $1,808 (2026)
- Status: Active
- Type: Duplex
- Source: NorthStarMLS_RMLS
- MLS ID: 7160385
- Updated: 10/16/2026
- Added to Site: 1 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 7
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Detached Garage, Asphalt, Storage, Unassigned
Location
- County: Freeborn
- Township: Albert Lea
- Driving Directions: From I-35 S to Albert Lea. Drive to E 4th St.
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
- Foundation Size: 1080
- Roof: Asphalt
- Disability Access: None
- Square Feet: 1,890
- Above Ground: 1,890 Sq. Ft.
- Below Ground: 1,080 Sq. Ft.
- Finished Down/Base.: 2,970 Sq. Ft.
- Year Built: 1888
Lot Features
- Lot Size (Acres): 0.21
- Lot Dimensions: 197 x 55
- Zoning: Residential-Multi-Family
Financial Considerations
- Tax Amount: $1,808
- Tax Year: 2026
- Owner Pays: Fuel
Disclosures and Reports
- Legal Description: HALL'S ADDITION Lot-008 Block-010 W 55 1/2 FT LOT 8 EXC N 35 FT BLK 10 HALLS ADDITION
- Property ID: 1
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 509 E 4th St
School District:Albert Lea Public School District
| Name | Grades | Distance |
|---|---|---|
Halverson Elementary School 707 East 10th Street, Albert Lea, MN 56007 | K-5 | 0.7 mi |
Southwest Middle School 1601 West Front Street, Albert Lea, MN 56007 | 6-7 | 1.5 mi |
Albert Lea Senior High School 2000 Tiger Lane, Albert Lea, MN 56007 | 8-12 | 2.4 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 509 E 4th St
Tax History
Tax History for 509 E 4th St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,506
-2%
$112,700
—
2024
$2,552
9%
$112,700
—
2023
$2,346
-7%
$112,700
7%
2023
$2,522
22%
$104,900
4%
2020
$2,074
—
$100,600
42%
2020
$2,074
—
$70,600
-6%
2020
$2,074
14%
$74,800
16%
2019
$1,824
2%
$64,400
100%
2018
$1,786
11%
100%
2016
$1,606
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 509 E 4th St
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- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 768Sq. Ft.
Listed by Leland Realty
- Single Family
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- Updated 1 day ago
- 3Beds
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- 2Total Baths
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- Active
- Updated 4 days ago
- 3Beds
- 3Total Baths
- 2,415Sq. Ft.
Listed by Super Realty
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,386Sq. Ft.
Listed by Robert Hoffman Realty Inc.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,568Sq. Ft.
Listed by Robert Hoffman Realty Inc.
- Lots/Land
- Active
- Updated 2 days ago
- 0.23Acres
Listed by Keller Williams Preferred Rlty
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 3Total Baths
- 2,426Sq. Ft.
Listed by eXp Realty
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- Single Family
- Closed
- 3Beds
- 2Total Baths
- 2,079Sq. Ft.
Listed by Realty ONE Group Black Diamond
Sold by Realty ONE Group Black Diamond
Sold by Realty ONE Group Black Diamond
- Single Family
- Closed
- 5Beds
- 2Total Baths
- 1,680Sq. Ft.
Listed by Robert Hoffman Realty Inc.
Sold by eXp Realty
Sold by eXp Realty
- Single Family
- Closed
- 2Beds
- 2Total Baths
- 1,944Sq. Ft.
Listed by Coldwell Banker River Valley, REALTORS
Sold by Coldwell Banker River Valley, REALTORS
Sold by Coldwell Banker River Valley, REALTORS
- Single Family
- Closed
- 2Beds
- 1Total Bath
- 840Sq. Ft.
Listed by Robert Hoffman Realty Inc.
Sold by Leland Realty
Sold by Leland Realty
509 E 4th Street, Albert Lea, MN 56007 (MLS# 7160385) is a Duplex property with 7 bedrooms and 0 full bathrooms. 509 E 4th Street is currently listed for $189,000 and was received on October 15, 2026. This property is listed by Mike Wilen from our Minneapolis Lakes Office.Want to learn more about 509 E 4th 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.