LKV Realty
Logo
$119,900
$650Reward *
918 Jefferson Avenue, Albert Lea, MN 56007Listing ID 7113049

918 Jefferson Avenue, Albert Lea, MN 56007

Active
Railroad Add
Time on site: 24 daysLast updated: Jul 22, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex Up and Down
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,940
Days on Site
Days on Site
22
Heating
Heating
Forced Air
Year Built
Year Built
1900
Garages
Garages
2

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.

Property Information

Property Details

Location

Address
918 Jefferson Avenue
County
Freeborn
City
Albert Lea
Zip Code
56007
Subdivision
Railroad Add
School District
Albert Lea

Interior Features

Beds and Baths

Bedrooms
4

Building

Building Information

Square Feet
1,940
Year Built
1900
Foundation
Block
Roof
Age Over 8 Years, Asphalt

Property Taxes

Tax Annual Amount
$1,500
Tax Year
2025
HomeProz Real Estate, (507) 373-5660

Market Report for 56007

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Northstar MLS
Northstar MLS logo

Based on information submitted to the MLS GRID as of 13 Aug 2026, 08:53 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

NST503517068