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509 E 4th Street, 
Albert Lea, MN 56007

$189,000


7

Beds


3

Baths


1,890

Sq Ft


Multi-Family

Active

Listed by

Mike Wilen

612-920-5605

Last updated:

October 18, 2026, 12:16 PM

MLS#

7160385

Source:

NSMLS

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About This Home

509 E 4th Street

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.

Home Facts

Multi-Family

3 Baths

7 Bedrooms

Built in 1888

Price Summary

189,000

$100 per Sq. Ft.

MLS #:

7160385

Last Updated:

October 18, 2026, 12:16 PM

Added:

6 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

3

Interior

Living Area:

1,890 Sq. Ft.


Structure

Structure

Building Area:

2,970 Sq. Ft.

Year Built:

1888


Lot

Lot Size (Sq. Ft):

9,147


Finances & Disclosures

Finances

Price:

$189,000

Price per Sq. Ft:

$100 per Sq. Ft.

509 E 4th Street
Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.