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

$286,400

Trulia Estimate
as of May 15, 2026
Est. Refi. Payment $1,745/mo*

$286,400

Trulia Estimate
as of May 15, 2026
Est. Refi. Payment $1,745/mo*
4 Beds
2 Baths
2,250 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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!!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 06, 2025

Home Highlights

Parking
4 Car Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

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 9 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 History for 302 E 7th St

DatePriceEventSource
08/01/2023$259,900Sold
NorthstarMLS as distributed by MLS GRID #6316903
06/27/2023$239,900PendingNorthstarMLS as distributed by MLS GRID #6316903
02/08/2023$239,900PriceChange
NorthstarMLS as distributed by MLS GRID #6316903
12/27/2022$249,900Listed For SaleNorthstarMLS as distributed by MLS GRID #6316903
12/03/2004$80,000Sold
N/A
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Property Tax and Assessment

Year2025
Tax$5,462
Assessment$350,200
Home facts updated by county records

Comparable Sales for 302 E 7th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.54
Multi-Family Home
$179,900
05/07/26
4
2
2,192
0.40
Multi-Family Home
$125,000
11/21/25
4
2
1,976
0.73
Multi-Family Home
$157,000
03/05/26
3
4
3,506
0.89
Multi-Family Home
$275,000
03/06/26
6
4
3,894
0.78
Multi-Family Home
$59,000
01/14/26
6
3
2,515
1.24
Multi-Family Home
$150,000
04/16/26
4
2
3,840
1.91
Multi-Family Home
$183,000
08/28/25
6
3
2,660
2.78
Multi-Family Home
$195,000
11/21/25
4
2
1,692

What Locals Say about Albert Lea

At least 101 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

  • 64 % Say there are sidewalks

  • 64 % Say people would walk alone at night

  • 63 % Say streets are well-lit

  • 62 % Say there's holiday spirit

  • 58 % Say neighbors are friendly

  • 53 % Say it's quiet

  • 50 % Say there's wildlife

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

  • 38 % Say it's walkable to grocery stores

  • 31 % Say it's walkable to restaurants

  • 23 % Say there are community events

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 "
  • Charles D.
    "Right by the beach and people are always walking their dogs. Great place to be. Quiet and friendly neighborhood "
  • 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."
  • 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. "
  • 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. "
  • 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."
  • Cole7481
    "Great place to live! Beautiful lakes, parks and people. Amazing cost of living. Places to eat, things to do. Lake, land, life! "
  • 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!"
  • 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."
  • 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."
  • 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."
  • Dsrborland
    "good place to live,low crime,"

LGBTQ Local Legal Protections

Homes for sale near 302 E 7th St

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Based on information submitted to the MLS GRID as of 2026-05-15 07:08:13 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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Homes for rent near 302 E 7th St

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Off Market Homes Near 302 E 7th St

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Explore by feature

302 E 7th St, Albert Lea, MN 56007 is a 4 bedroom, 2 bathroom, 2,250 sqft multi-family built in 1949. This property is not currently available for sale. 302 E 7th St was last sold on Aug 1, 2023 for $259,900 (8% higher than the asking price of $239,900). The current Trulia Estimate for 302 E 7th St is $286,400.