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MLS# 7104298 - 220 E 7th Street Albert Lea, MN 56007

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Keller Williams Premier Realty is the brokerage office representing the seller for this listing.

Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.

The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Kevin Kruchten is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Kevin Kruchten, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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The property will be on the corner of 7th St. and James Ave.","DocumentsCount":"2","DocumentsChangeTimestamp":"2026-07-06T17:28:07.693Z","DaysOnMarket":"3","ElectricExpense":"1800","ExteriorFeatures":"Metal","FoundationArea":"1400","FoundationDetails":"Slab","NST_FoundationDimensions":"28x50","NST_FractionalOwnershipYN":"No","NST_Fuel":"Electric","FuelExpense":"0","NST_GarageSquareFeet":"616","NST_GarageDimensions":"22x28","GarageSpaces":"2","GrossIncome":"34920","Heating":"Baseboard,Ductless Mini-Split","HighSchoolDistrict":"Albert Lea","NST_ForeclosureStatus":"No","InsuranceExpense":"2500","InternetAddressDisplayYN":"True","InternetAutomatedValuationDisplayYN":"True","InternetConsumerCommentYN":"False","InternetEntireListingDisplayYN":"True","LandLeaseYN":"False","Latitude":"43.636638","NST_LenderOwned":"No","Levels":"Two","ListPrice":"249900","ListingContractDate":"2026-07-03T05:00:00Z","ListingId":"NST7104298","LivingArea":"2800","Longitude":"-93.365822","LotSizeArea":"7000","LotSizeDimensions":"50x140","LotSizeUnits":"Square Feet","NST_MainLevelFinishedArea":"1400","MaintenanceExpense":"500","ManagerExpense":"600","NetOperatingIncome":"15690","NumberOfUnitsTotal":"4","OperatingExpense":"14200","OriginalEntryTimestamp":"2026-07-06T12:26:07Z","OtherExpense":"500","NST_OwnerOccupied":"No","OwnerPays":"Common Area Maintenance,Grounds Care,Sewer,Snow Removal,Taxes,Trash Collection,Water","ParcelNumber":"340490110","ParkingFeatures":"Carport,Detached Garage,Gravel","PhotosCount":"1","PhotosChangeTimestamp":"2026-07-06T17:29:07.468Z","PostalCity":"Albert Lea","PostalCode":"56007","NST_PotentialShortSale":"No","NST_PresentUse":"Yearly","PropertySubType":"Fourplex","PropertyType":"Residential Income","PublicRemarks":"Exceptional 3 Bedroom 4 Bath 4-Plex located on the corner of 7th Street and James Ave. The fourth unit is a commercial space that is currently a laundry service. It was formally a salon and could be converted back to a salon or another apartment. This property has been rented continuously with a solid rental history. Significant remodeling occurred on the property since it was purchased including new roof, medal siding, electric services, mini-splits, paint and some flooring. The property is licensed through the city and the rent is just under $3000/month. The tenants are responsible for paying their own utilities. There is ample parking on the large gravel parking lot and the 3-stall garage. \nThis turn key property is definitely one to look at.","NST_RentalLicenseType":"Standard","NST_RentalLicenseYN":"Y","NST_SchoolDistrictFullName":"241 - Albert Lea","NST_SchoolDistrictNumber":"241","NST_SchoolDistrictPhone":"5073794800","Sewer":"City Sewer/Connected","StandardStatus":"Active","StateOrProvince":"MN","StreetDirPrefix":"E","StreetName":"7th","StreetNumber":"220","StreetNumberNumeric":"220","StreetSuffix":"Street","TaxAnnualAmount":"3584","NST_TaxWithAssessments":"5652","TaxYear":"2026","TenantPays":"Electricity","NST_TotalArea":"2800","BuildingAreaTotal":"2800","Township":"Albert Lea","TrashExpense":"700","VideosCount":"0","WaterSewerExpense":"1168","WaterSource":"City Water/Connected","WaterfrontYN":"False","YearBuilt":"1949","ListAgentKey":"NST226428","ListAgentMlsId":"NST503515136","ListOfficeMlsId":"NST26717","ListOfficeName":"Keller Williams Premier Realty","ListOfficeKey":"NST26717","ModificationTimestamp":"2026-07-06T17:29:07.468Z","OriginatingSystemName":"northstar","Media":"[{\"Order\":1,\"MediaObjectID\":\"NST1\",\"ResourceRecordKey\":\"NST7930006\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7930006/de850fa3-c322-429f-b814-d78fbe92180e.jpeg\",\"LongDescription\":\"Front\",\"ImageWidth\":2080,\"ImageHeight\":1560,\"ImageSizeDescription\":\"2080x1560\",\"MediaModificationTimestamp\":\"2026-07-06T17:28:11.666Z\",\"MediaKey\":\"NST123395662\"}]","Media__Order":"1","Media__MediaObjectID":"NST1","Media__ResourceRecordKey":"NST7930006","Media__MediaURL":"https://s3.amazonaws.com/mlsgrid/images/NST7930006/de850fa3-c322-429f-b814-d78fbe92180e.jpeg","Media__LongDescription":"Front","Media__ImageWidth":"2080","Media__ImageHeight":"1560","Media__ImageSizeDescription":"2080x1560","Media__MediaModificationTimestamp":"7/6/2026 5:28:11 PM","Media__MediaKey":"NST123395662","UnitTypes":"[{\"NST_UnitLevel\":\"Main Level\",\"NST_UnitBathQtr\":1,\"NST_UnitID\":1,\"NST_UnitSqFt\":625,\"NST_LeaseExpirationDt\":\"2026-07-31\",\"NST_UnitIsLeased\":\"Y\",\"UnitTypeUnitsTotal\":1,\"UnitTypeBedsTotal\":1,\"NST_UnitRoomsTotal\":3,\"UnitTypeKey\":\"NST161043\",\"UnitTypeBathsTotal\":1,\"UnitTypeTotalRent\":695},{\"NST_UnitLevel\":\"Main Level\",\"NST_UnitID\":2,\"NST_UnitSqFt\":625,\"NST_UnitCoolSystem\":[\"Ductless Mini-Split\"],\"NST_LeaseExpirationDt\":\"2027-05-31\",\"NST_UnitIsLeased\":\"Y\",\"UnitTypeUnitsTotal\":1,\"UnitTypeBedsTotal\":1,\"NST_UnitRoomsTotal\":3,\"UnitTypeKey\":\"NST161044\",\"NST_UnitBath3Qtr\":1,\"UnitTypeBathsTotal\":1,\"UnitTypeTotalRent\":625},{\"NST_UnitLevel\":\"2nd Level\",\"NST_UnitID\":3,\"NST_UnitSqFt\":625,\"NST_UnitCoolSystem\":[\"Ductless Mini-Split\"],\"NST_LeaseExpirationDt\":\"2027-05-31\",\"NST_UnitIsLeased\":\"Y\",\"NST_UnitBathFull\":1,\"UnitTypeUnitsTotal\":1,\"UnitTypeBedsTotal\":1,\"NST_UnitRoomsTotal\":4,\"UnitTypeKey\":\"NST161045\",\"UnitTypeBathsTotal\":1,\"UnitTypeTotalRent\":795},{\"NST_UnitLevel\":\"2nd Level\",\"NST_UnitID\":4,\"NST_UnitSqFt\":625,\"NST_UnitCoolSystem\":[\"Ductless Mini-Split\"],\"NST_LeaseExpirationDt\":\"2027-03-31\",\"NST_UnitIsLeased\":\"Y\",\"NST_UnitBathFull\":1,\"UnitTypeUnitsTotal\":1,\"UnitTypeBedsTotal\":1,\"NST_UnitRoomsTotal\":4,\"UnitTypeKey\":\"NST161046\",\"UnitTypeBathsTotal\":1,\"UnitTypeTotalRent\":795}]","UnitTypes__NST_UnitLevel":"Main Level","UnitTypes__NST_UnitBathQtr":"1","UnitTypes__NST_UnitID":"1","UnitTypes__NST_UnitSqFt":"625","UnitTypes__NST_LeaseExpirationDt":"2026-07-31","UnitTypes__NST_UnitIsLeased":"Y","UnitTypes__UnitTypeUnitsTotal":"1","UnitTypes__UnitTypeBedsTotal":"1","UnitTypes__NST_UnitRoomsTotal":"3","UnitTypes__UnitTypeKey":"NST161043","UnitTypes__UnitTypeBathsTotal":"1","UnitTypes__UnitTypeTotalRent":"695","MlgCanView":"True","MlgCanUse":"IDX","PhotoRemarks":"[{\"Order\":1,\"Remarks\":\"Front\"}]","PhotoOrder":"1","CustomVTourURL":""}

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Kevin Kruchten
35586 County Road 66
Crosslake, MN 56442
Phone:   218-251-4949
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