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$64,797

Listing Price

1beds

1baths

629sqft

4,000sqft lot

715 S 1st Ave, Albert Lea, MN 56007

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

103.02

Price / sqft

1940

Year built

Home Details

Investor Special - 1 Bedroom Home on a Huge Lot Near Downtown Albert Lea! Attention investors and savvy buyers! Dont miss this opportunity to own a 1 bedroom, 1 bathroom home just minutes from downtown Albert Lea - offering convenience, charm, and serious upside potential. This property features:Spacious detached garage Large lot - perfect for expansion, or redevelopment Alley access - ideal for additional parking or future improvements Prime location near downtown shops, dining, and lake access Quiet neighborhood with lots of potential Solid bones - ready for your vision! Whether you're looking to renovate, rent, flip, or build, this is the affordable investment opportunity youve been waiting for. Priced to sell - must see in person to truly appreciate the possibilities!Schedule your showing today! Property is sold as is.

Interior Details

Square Feet
  • 629

Bedrooms
  • 1

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Carpet

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 4000

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Detached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Vinyl

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$568

$4,400

$24,700

--%

$29,100

2019

$600

$4,000

$27,900

--%

$31,900

2018

$780

$0

$0

--%

$0

2016

$446

$0

$0

--%

$0

percent-home-icon

Average Home Price in 56007

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$65,498

2 Beds

1 Baths

583 Sqft

5,400 Lot (sqft)

Sold 09/01/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
64,797
$
Down payment
12,959.40
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
388.78
$
HOA (Monthly)
0
$
PMI
0
$
$419
Your Payment
Total Monthly Payment:$419
Percent of Income:7%
Affordable:Yes

Details for 715 S 1ST AVE

Property Debt

Foreclosure Contact Details