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918 Jefferson Avenue, 
Albert Lea, MN 56007

$119,900


4

Beds


2

Baths


1,316

Sq Ft


Multi-Family

Active

Listed by

Anna Rahn

Homeproz Real Estate

507-373-5660

Last updated:

July 22, 2026, 12:04 PM

MLS#

7113049

Source:

NSMLS

About This Home

918 Jefferson Avenue

Whether you're looking to expand your investment portfolio or purchase a property with the opportunity to offset your mortgage, this versatile up/down duplex offers exceptional potential! It’s conveniently located in Albert Lea, has Central AC, a detached double garage, replacement windows, and great income-producing potential! There is flexibility to continue as a duplex or easily convert it back into a spacious single-family home. The main level unit: • Offers comfortable living space! • Three bedrooms with generous closet space and built-in storage • Full bathroom • Spacious living room • Large kitchen featuring abundant cabinetry The upper-level unit: • One-bedroom with large closet • Large bright living room area with newer carpet • Full bathroom with ample storage • A kitchen that opens to a private deck overlooking the neighborhood—an inviting space to relax and unwind. Additional features for this property include hardwood floors and charming built-ins! Based on current market rents, the property offers an estimated rental income potential of $1,850+ per month, with the main level projected at $1,000+ per month and the upper level at approximately $850 per month. The property is currently vacant, allowing a new owner the opportunity to select tenants and establish market rents from day one. Affordable duplexes continue to see strong buyer demand in Albert Lea, making this an attractive opportunity for investors, owner-occupants, or buyers seeking a property with future flexibility and upside potential.

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1900

Price Summary

119,900

$91 per Sq. Ft.

MLS #:

7113049

Last Updated:

July 22, 2026, 12:04 PM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

1,316 Sq. Ft.


Structure

Structure

Building Area:

1,940 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$119,900

Price per Sq. Ft:

$91 per Sq. Ft.

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.