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$60,000

  • Sold
  • Closed
  • Single Family
  • 1 Bed
  • 1 Full Bath
  • 629 Sq. Ft.
  • 1 Car Garage
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Investor Special - 1 Bedroom Home on a Huge Lot Near Downtown Albert Lea! Attention investors and savvy buyers! Don't miss this opportunity to own a 1 bedroom, 1 bathroom home just minutes from downtown Albert Lea - offering convenience, charm, and serious upside potential. This property features: Spacious detached garage Large lot - perfect for expansion, or redevelopment Alley access - ideal for additional parking or future improvements Prime location near downtown shops, dining, and lake access Quiet neighborhood with lots of potential Solid bones - ready for your vision! Whether you're looking to renovate, rent, flip, or build, this is the affordable investment opportunity you've been waiting for. Priced to sell - must see in person to truly appreciate the possibilities! Schedule your showing today! Property is sold as is.

Full Property Details for 715 S 1st Ave

General

  • Sold For: $60,000
  • Taxes: $600 (2025)
  • Status: Closed
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6801512
  • Added to Site: 100 day(s) ago

Parking

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

School Information

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

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Radiant
  • Heating Fuel: Natural Gas

Utilities

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

Financial Considerations

  • Tax Amount: $600
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: BELMONT ADDITION N 40 FT S 240 FT LOT G & N 40 FT S 240 FT LOT 15 BLK 3 BELMONT ADDITION
  • Property ID: 340640660

Listed by Coldwell Banker River Valley, REALTORS
Sold by Re/Max Advantage Plus

Listing agent

— 715 S 1st Ave —

  • Coldwell Banker River Valley, REALTORS

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 715 S 1st Ave

School District:Albert Lea Public School District
NameGradesDistance
Sibley Elementary School
1501 West Front Street, Albert Lea, MN 56007
K-50.5 mi
Southwest Middle School
1601 West Front Street, Albert Lea, MN 56007
6-70.6 mi
Albert Lea Senior High School
2000 Tiger Lane, Albert Lea, MN 56007
8-122.6 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 715 S 1st Ave

Date
Details
Price
Change
Source
12/12/2025
Sold
$60,000
20%
MLS
11/13/2025
Price Reduced
$49,999
-16.67%
MLS
10/08/2025
Listed
$59,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Down Payment Resource

Listed by Coldwell Banker River Valley, REALTORS
Sold by Re/Max Advantage Plus

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Recent Sales near 715 S 1st Ave

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715 S 1st Avenue, Albert Lea, MN 56007 (MLS# 6801512) is a Single Family property that was sold at $60,000 on December 12, 2025. Want to learn more about 715 S 1st 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.