Albert Lea, MN 56007,411 Court ST
Albert Lea, MN 56007,411 Court ST
Albert Lea, MN 56007,411 Court ST
24
See all 24 photos
$180,000
Est. payment /mo
Save
3 Beds
4 Baths
2,322 SqFt
Pending

411 Court ST Albert Lea, MN 56007

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
28
Jan
Thu
29
Jan
Fri
30
Jan
Team Steady

Team Steady

+1(952) 607-7436

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,322 sqft

Price per Sqft $77

Subdivision Morins Add

MLS Listing ID 6765157

Bedrooms 3

Year Built 1915

Annual Tax Amount $2,407

Tax Year 2025

Contingent None

Lot Size 5,967 Sqft

Acres 0.137

Lot Dimensions 50x120

Property Sub-Type Quadruplex

Property Description

Fantastic 4-Plex Investment Opportunity!
This well-maintained 4-unit property is a rare find for both seasoned investors and owner-occupants alike. Live in one apartment and let the rental income cover your mortgage, or simply enjoy steady cash flow from a fully rented building with long-term tenants.
Property Highlights:
• Solid investment with established tenants and consistent rental history
• Roof less than 10 years old, cedar siding, and newer landscaping
• Ample off-street parking, two decks, and attractive curb appeal
• Located in a revitalized neighborhood with continued growth potential
Financials:
• Estimated Rental Income: $2,325/month ($27,900/year)
• Estimated Expenses: $925/month ($11,100/year)
• Net Income Potential: $1,400/month ($16,800/year)
Current Units & Tenants:
• Apt 1: $475/month – Upstairs Efficiency – 13-year tenant
• Apt 2: $575/month – Upstairs 1 Bed/1 Bath – 1-year tenant
• Apt 3: $575/month – Main 1 Bed/1 Bath – 4-year tenant
• Apt 4: $700/month – Main 1 Bed/1 Bath – currently owner-occupied
Apartment Features:
• All units include window A/C and appliances
• Utilities (electric, gas, water, garbage, satellite) included in rent
• Basement with sump pump, water heater, and furnace
Owner's Apartment (Apt 4):
Beautifully updated 1 bed/1 bath unit featuring:
• Kitchen with pantry, stainless steel fridge, range, and dishwasher
• Stackable washer/dryer hookups
• Enclosed dog door with access to large outdoor kennel
• Spacious dining & living areas, full bath with tub/shower
• Gorgeous original woodwork, front & back entrances, and private deck
• A must-see home full of character!
Additional Details:
• Buyer to pay closing costs

Don't miss this opportunity to own a strong income-producing property with long-term stability and the option for owner occupancy.

Location

State MN

County Freeborn

Rooms

Basement Block, Owner Access, Storage Space, Sump Basket, Sump Pump, Unfinished, Walkout

Interior

Heating Forced Air

Fireplace No

Exterior

Roof Type Asphalt

Building

Story Two

Foundation 1184

Sewer City Sewer - In Street

Water City Water - In Street

Level or Stories Two

New Construction false

Schools

School District Albert Lea

Listed by Anna Rahn • HomeProz Real Estate

GET MORE INFORMATION

Team Steady

Team Steady

+1(952) 607-7436

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Team Steady | RE/MAX Results, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

411 Court ST

QUICK SEARCH
There are 21 quick searches