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4 Beds
2 Baths
1,316 sqft

$99,900

918 Jefferson Avenue, Albert Lea MN, 56007

Price per sqft$75.91
Built in1900
Property size1,316 sqft
Property typeMulti-family
Courtesy of HomeProz Real Estate, Anna Rahn Listing Contact:

Overview

Active

Listed Jul 20, 2026

Updated 4h ago

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.

$665/mo

Est. mortgage payment based on a $99,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7113049

Interior Features

Bedrooms
4
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$1,500
Tax Frequency
Annually
Maintenance Expense
$1,200
Garage
Yes
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Listings courtesy of Northstar MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lauren A. Janoski shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 5:27 PM UTC on 9/27/2026. 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.

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