$224,900
Albert Lea, MN 56007
MLS# 7104190
4 beds | 3 baths | 3742 sqft
1 / 30
Property Description
Great investment opportunity with this duplex located near Northside Park and Hawthorne Elementary School. This property is located near two municipal parks, Fountain Lake, a pedestrian trail that extends around the majority of the lake, a public golf course and has a large backyard area. This duplex includes a shared double garage for each tenant, shared laundry facilities in the basement and separate electric meters for billing purposes. The water/ sewer and natural gas utilities are split between each tenant unit. Each level has newer separate forced air furnaces and air-conditioning for separate temperature control. The main level apartment has a three-season porch and the second level a private deck. Schedule your appointment today to tour this investment property.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Contingency: None
Current Price: $224,900
Original List Price: 229900
ListPrice: 224900
List Date: 2026-07-07
Office/Member Info
Association: SEMR
General Property Information
Lot Measurement: Square Feet
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1955
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: 84' X 123'
Main Floor Total SqFt: 1386
Below Grd Total SqFt: 1386
Above Ground SqFt: 2356
Total SqFt: 3742
Total Finished Sqft: 2356.00
Foundation Size: 1386
Lot Size SqFt: 10332
Style: (MF) Duplex Up and Down
Garage Stalls: 2
Assessment Pending: No
Bedrooms: 4
Baths Total: 3
Location, Tax and Other Information
Legal Description: SARAH PETERSON SUBDIVISION LOT 5&W 12 FT LOT 6 & E 5 FT LOT 4 BLK 2 SARAH PETERSON SUB
Listing City: Albert Lea
Map Page: 999
Municipality: Albert Lea
School District: Albert Lea
School District Phone: 507-379-4800
Property ID Number: 341950110
Tax Year: 2026
Tax Amount: 2600
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Great investment opportunity with this duplex located near Northside Park and Hawthorne Elementary School. This property is located near two municipal parks, Fountain Lake, a pedestrian trail that extends around the majority of the lake, a public golf course and has a large backyard area. This duplex includes a shared double garage for each tenant, shared laundry facilities in the basement and separate electric meters for billing purposes. The water/ sewer and natural gas utilities are split between each tenant unit. Each level has newer separate forced air furnaces and air-conditioning for separate temperature control. The main level apartment has a three-season porch and the second level a private deck. Schedule your appointment today to tour this investment property.
Directions: Going north on Bridge Ave. Turn left and travel westerly on Hawthorne St. House will be approximately three blocks down that street on the northside of the road.
Accessible
None: 1
Amenities Shared
Common Laundry Facility: 1
Assessments
Assessment Balance: 70
Tax With Assessments: 2670
Assumable Loan
Not Assumable: 1
Basement
Concrete Block: 1
Foundation Dimensions: 34' X 44'
Unfinished: 1
Building Information
Finished SqFt Above Ground: 2356
Construction Materials
Frame: 1
Construction Status
Previously Owned: 1
Electric
100 Amp Service: 1
Circuit Breakers: 1
Existing Financing
Free and Clear: 1
Exterior
Brick/Stone: 1
Vinyl: 1
Wood: 1
Foundation
Concrete Block: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Internet Options
Cable: 1
Laundry
Electric Dryer Hookup: 1
In Basement: 1
Laundry Room: 1
Lower Level: 1
Washer Hookup: 1
Lease Details
Land Leased: Not Applicable
Lock Box Type
None: 1
Lot Description
Tree Coverage - Medium: 1
Miscellaneous Information
DP Resource: Yes
Homestead: Yes
Owner Pays
HVAC Maintenance: 1
Insurance: 1
Management: 1
Repairs: 1
Taxes: 1
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 22 X 24
Garage Square Feet: 528
Driveway - Shared: 1
Garage Door Opener: 1
Patio, Porch and Deck Features
Deck: 1
Enclosed: 1
Porch: 1
Side Porch: 1
Pool Description
None: 1
Road Frontage
City Street: 1
Curbs: 1
Paved Streets: 1
Storm Sewer: 1
Street Lights: 1
Road Responsibility
Public Maintained Road: 1
Roof
Age Over 8 Years: 1
Architectural Shingle: 1
Asphalt Shingles: 1
Pitched: 1
Sellers Terms
Cash: 1
Conventional: 1
VA: 1
Sewer
City Sewer/Connected: 1
Stories
One and One Half: 1
Topography
Level: 1
Unit 1
Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 1
Monthly Rent: 900
Full Baths: 1
Total Rooms: 6
1/4 Baths: 1
Annual Rent: 10800
Finished SqFt: 1317
No. of Units Like This: 1
Total Baths: 2
Total Bedrooms: 2
Unit Details
Total Units: 2
Water
City Water/Connected: 1
Income and Expenses
Annual Caretaker Expense: 1750
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 5287
Annual Gross Income: 21600
Annual Insurance Expense: 1300
Annual Maintenance Expense: 202
Annual Net Income: 16313
Annual Repair Expense: 189
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 5287
No. of Ranges
Two: 1
No. of Refrigerators
Two: 1
Tenant Pays
All Utilities: 1
Cable TV: 1
Electricity: 1
Gas: 1
Heat: 1
HVAC Maintenance: 1
Lawn: 1
Sewer: 1
Snow Removal: 1
Telephone: 1
Trash Collection: 1
Water: 1
Unit 1 Amenities
Countertops-Solid Surface: 1
Open Floor Plan: 1
Cable: 1
Ceiling Fan(s): 1
Ethernet Wired: 1
Kitchen Window: 1
Main Floor Primary Bedroom: 1
Natural Woodwork: 1
Porch: 1
Washer/Dryer Hookup: 1
Unit 1 Appliances
Cooktop: 1
Dishwasher: 1
Dryer: 1
Exhaust Fan/Hood: 1
Refrigerator: 1
Wall Oven: 1
Washer: 1
Unit 1 Bath Description
Main Floor Full Bath: 1
Other: 1
Unit 1 Cooling
Central: 1
Unit 1 Dining Room Description
Breakfast Area: 1
Living/Dining Room: 1
Unit 1 Special Search
All Living Fac. on One Level: 1
Unit 2
Furnished?: No
Lease Expiration Date: 2027-05-07
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Annual Rent: 10200
Finished SqFt: 1064
Full Baths: 1
Monthly Rent: 850
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 6
Unit 2 Amenities
Countertops-Solid Surface: 1
Cable: 1
Ceiling Fan(s): 1
Deck: 1
Ethernet Wired: 1
Kitchen Window: 1
Natural Woodwork: 1
Washer/Dryer Hookup: 1
Unit 2 Appliances
Dryer: 1
Exhaust Fan/Hood: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Bath Description
Basement: 1
Other: 1
Upper Level Full Bath: 1
Unit 2 Cooling
Central: 1
Unit 2 Dining Room Description
Eat In Kitchen: 1
Unit 2 Special Search
All Living Fac. on One Level: 1
Location Tax and Other Information
House Number: 413
Street Name: Hawthorne
Street Suffix: Street
Street Direction Suffix: E
Postal City: Albert Lea
County: Freeborn
State: MN
Zip Code: 56007
Property Features
Accessible: None
Amenities Shared: Common Laundry Facility
Assumable Loan: Not Assumable
Basement: Concrete Block; Unfinished
Construction Materials: Frame
Construction Status: Previously Owned
Electric: 100 Amp Service; Circuit Breakers
Existing Financing: Free and Clear
Exterior: Brick/Stone; Vinyl; Wood
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Internet Options: Cable
Laundry: Electric Dryer Hookup; In Basement; Laundry Room; Lower Level; Washer Hookup
Lock Box Type: None
Lot Description: Tree Coverage - Medium
Owner Pays: HVAC Maintenance; Insurance; Management; Repairs; Taxes
Parking Characteristics: Driveway - Shared; Garage Door Opener
Pool Description: None
Road Frontage: City Street; Curbs; Paved Streets; Storm Sewer; Street Lights
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years; Architectural Shingle; Asphalt Shingles; Pitched
Sellers Terms: Cash; Conventional; VA
Sewer: City Sewer/Connected
Stories: One and One Half
Tenant Pays: All Utilities; Cable TV; Electricity; Gas; Heat; HVAC Maintenance; Lawn; Sewer; Snow Removal; Telephone; Trash Collection; Water
Topography: Level
Unit 1 Amenities: Countertops-Solid Surface; Open Floor Plan; Cable; Ceiling Fan(s); Ethernet Wired; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Porch; Washer/Dryer Hookup
Unit 1 Appliances: Cooktop; Dishwasher; Dryer; Exhaust Fan/Hood; Refrigerator; Wall Oven; Washer
Unit 1 Bath Description: Main Floor Full Bath; Other
Unit 1 Cooling: Central
Unit 1 Dining Room Description: Breakfast Area; Living/Dining Room
Unit 1 Special Search: All Living Fac. on One Level
Unit 2 Amenities: Countertops-Solid Surface; Cable; Ceiling Fan(s); Deck; Ethernet Wired; Kitchen Window; Natural Woodwork; Washer/Dryer Hookup
Unit 2 Appliances: Dryer; Exhaust Fan/Hood; Range; Refrigerator; Washer
Unit 2 Bath Description: Basement; Other; Upper Level Full Bath
Unit 2 Cooling: Central
Unit 2 Dining Room Description: Eat In Kitchen
Unit 2 Special Search: All Living Fac. on One Level
Water: City Water/Connected
Listing Office: Century 21 Atwood
Last Updated: September - 08 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
