302 E 7th St, Albert Lea, MN 56007
OFF MARKET

302 E 7th St
Albert Lea, MN 56007

  • 4 Beds
  • 2 Baths
  • 2,250 sqft

$279,800

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $1,752/mo*
Refinance Your Home

$279,800

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $1,752/mo*
Refinance Your Home
4 Beds
2 Baths
2,250 sqft

Home Value

Trulia Estimate
$280K
Since last month
Increased$2K (+0.6%)
Since last year
Increased$4K (+1.3%)
Since last sale
Increased$21K (+8.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +300% in the last 10 years
MonthEstimated value
2026
August 2026$281K
July 2026$279K
June 2026$287K
May 2026$288K
April 2026$289K
March 2026$285K
February 2026$281K
January 2026$278K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1420 Frank Hall Dr, Albert Lea, MN
0.54
Multi-Family Home
$179,900
05/07/26
4
2
2,192
923 Jefferson Ave, Albert Lea, MN
0.40
Multi-Family Home
$125,000
11/21/25
4
2
1,976
411 Court St, Albert Lea, MN
0.73
Multi-Family Home
$157,000
03/05/26
3
4
3,506
525 W Main St, Albert Lea, MN
0.89
Multi-Family Home
$275,000
03/06/26
6
4
3,894
415 W College St, Albert Lea, MN
0.78
Multi-Family Home
$59,000
01/14/26
6
3
2,515
115 N Newton Ave, Albert Lea, MN
0.95
Multi-Family Home
$185,000
06/04/26
3
2
3,496
512 Harriet Ln, Albert Lea, MN
1.24
Multi-Family Home
$150,000
04/16/26
4
2
3,840
817 Abbott St, Albert Lea, MN
1.39
Multi-Family Home
$137,500
06/30/26
3
3
1,724
1012-1018 Wealthy St, Albert Lea, MN
0.76
Multi-Family Home
$235,000
08/06/26
1
2,080
17548 749th Ave, Albert Lea, MN
1.91
Multi-Family Home
$183,000
08/28/25
6
3
2,660

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1223 James Ave, Albert Lea, MN 56007
0.04
$128,100
3
1
1,199
Off Market
1224 Saint John Ave, Albert Lea, MN 56007
0.05
$146,200
4
2.5
3,070
Off Market
220 E 7th St, Albert Lea, MN 56007
0.02
$249,900
4
4
2,800
For Sale
312 E 6th St, Albert Lea, MN 56007
0.09
$139,700
3
1.5
1,924
Off Market
1305 Saint John Ave, Albert Lea, MN 56007
0.08
$125,800
3
1
1,011
Off Market
307 E 6th St, Albert Lea, MN 56007
0.12
$139,900
3
2
2,097
Recently Sold
1328 Saint John Ave, Albert Lea, MN 56007
0.08
$100,400
4
1.5
2,367
Off Market
1201 Virginia Pl, Albert Lea, MN 56007
0.11
$82,500
1
1
832
Off Market
1204 Virginia Pl, Albert Lea, MN 56007
0.11
$93,400
4
1
1,232
Off Market
201 E 7th St, Albert Lea, MN 56007
0.10
$91,000
2
2
850
Off Market
1219 S Newton Ave, Albert Lea, MN 56007
0.10
$130,000
3
1.5
960
Recently Sold

Local Information

  • Map ViewExplore the area around 302 E 7th St.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1949
Living Area
2,250 sqft
Price/Sqft
$124
Parking
4 Car Garage

About this House

Great investment opportunity!! Could be used for multi business use. Use it currently as all rental, or start your own business. Live on site also. Lots of ware house space and garage space, along with loading dock . Duplex also attached to property with 2 two bedroom apartments. Great investment , put your ideas to work!! Newer roofs and nicely updated apartments and some mechanicals. Take a look and decide for yourself!! Don't hesitate before it is too late!!
302 E 7th St, Albert Lea, MN 56007 is a 4 bedroom, 2 bathroom, 2,250 sqft multi-family built in 1949. It last sold for $259,900 on Aug 1, 2023 (8% above the $239,900 asking price). It is currently off market. The Trulia Estimate is $279,800, with a rent estimate of $1,117/month.

Home Details for 302 E 7th St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Block,Egress Window(s),Finished,Full,Partially Finished
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2250 Square FeetFoundation Area: 750
Appliances & Utilities
Laundry: Laundry Room
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
Gas & Electric
Electric: Circuit Breakers, 100 Amp ServiceGas: Natural Gas
Levels, Entrance, & Accessibility
Number of Stories: 2Levels: TwoAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: RubberFencing: NoneNo Private Pool
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageHas an Attached GarageParking Spaces: 4Parking: Attached,Concrete,Storage
Pool
Pool: None
Frontage
Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1500 Square FeetFinished Area (below surface): 750 Square Feet

Days on Market

Cumulative Days on Market: 183

Property Information

Year Built
Year Built: 1949
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Block, ConcreteNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: Tbd

Price & Status

Price
List Price: $239,900
Status Change & Dates
Off Market Date: Tue Jun 27 2023

Location

Direction & Address
City: Albert Lea
School Information
High School District: Albert Lea

Building

Building Area
Building Area: 2250 Square Feet

Lot Information

Lot Area: 9713.88 sqft

Offer

Contingencies: None

Business

Expense
Tenant Pays: Cable TV

Rental Terms, Policies & Fees

Owner Pays: Electricity, Fuel, Gas, Insurance, Janitorial Service, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water/Sewer

Miscellaneous

BasementMls Number: 6316903Above Grade Unfinished Area: 1500
Last check for updates: about 2 hours ago
Listed by Emelie J. Paulson, (507) 383-1659
Unique Realty
Bought with: Emelie J. Paulson, (507) 383-1659, Unique Realty
Source: NorthstarMLS as distributed by MLS GRID, MLS#6316903

Price and Tax history

DateEventPrice
Aug 1, 2023
Source: NorthstarMLS as distributed by MLS GRID #6316903
Sold
$259,900
Jun 27, 2023
Source: NorthstarMLS as distributed by MLS GRID #6316903
Pending
$239,900
Feb 8, 2023
Source: NorthstarMLS as distributed by MLS GRID #6316903
PriceChange
$239,900
Price decreased by 4%
Dec 27, 2022
Source: NorthstarMLS as distributed by MLS GRID #6316903
Listed For Sale
$249,900
Dec 3, 2004
Source: N/A
Sold
$80,000

Market trends in Albert Lea

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
123
8MoM
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Around this home

What Locals Say about Albert Lea

At least 102 Trulia users voted on each feature.

  • 89 % Say it's dog friendly

  • 87 % Say car is needed

  • 85 % Say parking is easy

  • 82 % Say yards are well-kept

  • 67 % Say kids play outside

  • 65 % Say there are sidewalks

  • 64 % Say streets are well-lit

  • 64 % Say people would walk alone at night

  • 62 % Say there's holiday spirit

  • 59 % Say neighbors are friendly

  • 53 % Say it's quiet

  • 49 % Say there's wildlife

  • 41 % Say they plan to stay for at least 5 years

  • 38 % Say it's walkable to grocery stores

  • 30 % Say it's walkable to restaurants

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Terry K.
    "Very dog friendly city. Lots of paths to walk along the lake as well as nature paths that are very dog friendly. There is even a dog park that seems to be very popular for both big dogs and small "
    2
    Flag
  • Charles D.
    "Right by the beach and people are always walking their dogs. Great place to be. Quiet and friendly neighborhood "
    4
    Flag
  • Kim K.
    "I drive an hour to work ever day. Driving in town in general is pretty laid back though and rarely any heavy traffic."
    1
    Flag
  • Stephanie G.
    "I was raised in this neighborhood pretty good place to live in. Good schools. Decent restaurants not a whole lot of shopping area thought but it’s quite which is good. "
    0
    Flag
  • A
    "Easy area to walk dogs and spend quality time outside with family. Biking or running, Albert Lea has all you need to raise a family and stay healthy while doing it. "
    0
    Flag
  • Naheiser
    "Lived here for 3 years. My 3 neighbors are all very nice, caring people. We are tucked back on a bay of Fountain Lake with woods so it’s quiet. We see eagles and cardinals plus deer and wild turkeys! Love it here."
    1
    Flag
  • Cole7481
    "Great place to live! Beautiful lakes, parks and people. Amazing cost of living. Places to eat, things to do. Lake, land, life! "
    0
    Flag
  • Cole7481
    "Community events are always happening, such as Holiday events, markets, live music and festivals, etc. Great people and lots to do - lakes, land, life!"
    0
    Flag
  • Unspecified
    "I've live in Albert Lea my whole life and honestly it's quite dull unless your a streo typically elderly person. There isn't much here for young people, jobs are few and far between, The lakes are gross."
    1
    Flag
  • Unspecified
    "I like all the parks that are less then a mile from my house. My favorite park in my neighborhood is Frank Hall park. Frank Hall park has a play area for kids, a fishing pier, Public water access for boaters, and Gazbos that are perfect for a picnic (The humane society is by the park too! highly recommend checking it out if you want a pet.). Right across the street from the park there is a basketball and a pickleball court and the Aquatic Center."
    0
    Flag
  • scottschmeltzer12
    "Amazing community for giving back! Relay for Life, United Way, etc. Small town that is great for raising a family. 45 minutes from Mayo Clinic-Rochester, MN. Two amazing golf courses. New High School that is beautiful."
    0
    Flag
  • Dsrborland
    "good place to live,low crime,"
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

7 pet-friendly rentals in Albert Lea, MN

Explore by feature - Garage

7 rentals with a garage in Albert Lea, MN

Explore by feature - Air Conditioning

13 rentals with air conditioning in Albert Lea, MN

Explore by feature - Washer/dryer

8 rentals with a washer/dryer in Albert Lea, MN

Homes for sale near 302 E 7th St

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Off Market Homes Near 302 E 7th St

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Frequently asked questions about 302 E 7th St

  • What is 302 E 7th St estimated to be worth?
    Trulia's estimated value for 302 E 7th St in Albert Lea, MN is $279,800.
  • What is the price history for 302 E 7th St?
    302 E 7th St in Albert Lea, MN last sold for $259,900 in August 2023.
  • Is Albert Lea a buyer's or seller's market?
    Albert Lea is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Albert Lea?
    Residents describe Albert Lea, MN as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Albert Lea, MN.
  • Does 302 E 7th St have laundry facilities?
    Yes, 302 E 7th St in Albert Lea, MN has laundry facilities.
Based on information submitted to the MLS GRID as of 2026-08-18 11:48:12 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
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