318 E 3rd St #3, Albert Lea, MN 56007
Living Room
Kitchen
OFF MARKET

$106,200

Trulia Estimate
  • 1 Bed
  • 1 Bath

318 E 3rd St #3, Albert Lea, MN 56007

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Home Value

Trulia Estimate
$106K
Since last month
Decreased$6K (-5.7%)
Since last year
Decreased$42K (-28.3%)
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 +57% in the last 10 years
MonthEstimated value
2026
August 2026$107K
July 2026$113K
June 2026$144K
May 2026$123K
April 2026$115K
March 2026$119K
February 2026$112K
January 2026$149K
2025
2024
2023
2022
2021
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
923 Jefferson Ave, Albert Lea, MN
0.34
Multi-Family Home
$125,000
11/21/25
4
2
1,976
115 N Newton Ave, Albert Lea, MN
0.64
Multi-Family Home
$185,000
06/04/26
3
2
3,496
411 Court St, Albert Lea, MN
0.53
Multi-Family Home
$157,000
03/05/26
3
4
3,506
1420 Frank Hall Dr, Albert Lea, MN
0.67
Multi-Family Home
$179,900
05/07/26
4
2
2,192
415 W College St, Albert Lea, MN
0.56
Multi-Family Home
$59,000
01/14/26
6
3
2,515
525 W Main St, Albert Lea, MN
0.69
Multi-Family Home
$275,000
03/06/26
6
4
3,894
512 Harriet Ln, Albert Lea, MN
0.97
Multi-Family Home
$150,000
04/16/26
4
2
3,840
1012-1018 Wealthy St, Albert Lea, MN
0.96
Multi-Family Home
$235,000
08/06/26
1
2,080
640 Marshall St, Albert Lea, MN
0.91
Multi-Family Home
$120,000
08/26/26
6
3
2,178
817 Abbott St, Albert Lea, MN
1.16
Multi-Family Home
$137,500
06/30/26
3
3
1,724

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
321 E 4th St, Albert Lea, MN 56007
0.04
$111,900
3
1.5
1,927
Off Market
402 E 4th St, Albert Lea, MN 56007
0.08
$139,900
4
2
1,149
Recently Sold
914 Frank Ave, Albert Lea, MN 56007
0.08
$91,400
3
2
1,564
Off Market
306 E 3rd St, Albert Lea, MN 56007
0.04
$157,700
3
2
1,488
Off Market
421 E 4th St, Albert Lea, MN 56007
0.09
$248,600
4
2.5
3,281
Off Market
304 E 3rd St, Albert Lea, MN 56007
0.06
$149,900
3
1.5
1,142
For Sale
329 E 3rd St, Albert Lea, MN 56007
0.06
$190,100
3
2.5
2,424
Off Market
1001 James Ave, Albert Lea, MN 56007
0.10
$50,900
3
1
1,619
Off Market
1009 James Ave, Albert Lea, MN 56007
0.11
$167,000
3
2
2,160
Recently Sold
1016 Saint John Ave, Albert Lea, MN 56007
0.12
$116,100
2
1
1,023
Off Market
504 E 4th St, Albert Lea, MN 56007
0.13
$144,500
3
2
1,426
Off Market
1020 Saint John Ave, Albert Lea, MN 56007
0.13
$81,100
3
1
1,179
Off Market

Local Information

  • Map ViewExplore the area around 318 E 3rd St #3.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family

About this House

Quaint 1 bedroom with original wood trim located in the Tarrymore Apartment Complex. Recently painted with updated bathroom and newer carpet. Laundry facilities on site as well as off street parking. Heat, water and garbage are included in the rent. Building is within walking distance to Albert Lea lake, multiple parks as well as the city pool. Don't wait call now.
318 E 3rd St #3, Albert Lea, MN 56007 is a 1 bedroom, 1 bathroom multi-family. More recently, it was listed as a rental in August 2013 with an asking price of $450 per month. That rental listing was removed on October 26, 2013. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $106,200, with a rent estimate of $801/month.

Home Details for 318 E 3rd St #3

Interior Features

Heating & Cooling
Heating: ElectricHeating Fuel: Electric
Appliances & Utilities
Refrigerator

Property Information

Property Type / Style
Property Type: Multi Family

Price and Tax history

DateEventPrice
Oct 26, 2013
Source: Agent Provided
ListingRemoved
$395
Oct 19, 2013
Source: Agent Provided
PriceChange
$400
Price decreased by 6%
Oct 10, 2013
Source: Agent Provided
PriceChange
$425
Price decreased by 6%
Aug 29, 2013
Source: Agent Provided
Listed For Rent
$450

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

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."
    2
    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

LGBTQ Local Legal Protections

Frequently asked questions about 318 E 3rd St #3

  • What is 318 E 3rd St #3 estimated to be worth?
    Trulia's estimated value for 318 E 3rd St #3 in Albert Lea, MN is $106,200.
  • 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.
  • What are the closest schools to 318 E 3rd St #3?
    The closest schools to 318 E 3rd St #3 in Albert Lea, MN are Albert Lea Senior High School (Middle, rated 6/10), Halverson Elementary School (Pre-K, rated 6/10), Southwest Middle School (rated 4/10).

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

12 rentals with air conditioning in Albert Lea, MN

Explore by feature - Washer/dryer

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

Apartments for Rent

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Off Market Homes Near 318 E 3rd St #3

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Homes for sale near 318 E 3rd St #3

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