318 E 5th St, Albert Lea, MN 56007
OFF MARKET

$136,900

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,086 sqft

318 E 5th St, Albert Lea, MN 56007

Est. Refi. Payment $937/mo*
Refinance Your Home
Currently Off Market - Sold Sep 30, 2025 for $135,000

Home Value

Trulia Estimate
$137K
Since last month
Decreased$400 (-0.3%)
Since last year
Increased$2K (+1.3%)
Since last sale
Increased$2K (+1.4%)
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 +99% in the last 10 years
MonthEstimated value
2026
September 2026$137K
August 2026$137K
July 2026$138K
June 2026$137K
May 2026$138K
April 2026$136K
March 2026$134K
February 2026$134K
January 2026$135K
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
1016 Saint John Ave, Albert Lea, MN
0.06
Single-Family Home
$113,900
09/30/25
2
1
1,023
621 E 7th St, Albert Lea, MN
0.27
Single-Family Home
$124,900
01/23/26
2
1
1,004
1223 James Ave, Albert Lea, MN
0.12
Single-Family Home
$125,000
10/15/25
3
1
1,199
1117 Frank Ave, Albert Lea, MN
0.12
Single-Family Home
$117,500
05/08/26
2
1
1,572
1412 Manor Ave, Albert Lea, MN
0.36
Single-Family Home
$133,000
10/03/25
3
1
1,126
402 E 4th St, Albert Lea, MN
0.10
Single-Family Home
$139,900
01/29/26
4
2
1,149
1418 Manor Ave, Albert Lea, MN
0.37
Single-Family Home
$167,500
08/21/26
2
1
840
1219 S Newton Ave, Albert Lea, MN
0.18
Single-Family Home
$130,000
01/12/26
3
1.5
960
1502 Edina Ave, Albert Lea, MN
0.37
Single-Family Home
$115,000
12/12/25
3
1
962

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
1026 Saint John Ave, Albert Lea, MN 56007
0.03
$87,400
2
2
2,106
Off Market
1020 Saint John Ave, Albert Lea, MN 56007
0.05
$81,600
3
1
1,179
Off Market
1016 Saint John Ave, Albert Lea, MN 56007
0.06
$115,500
2
1
1,023
Off Market
303 E 6th St, Albert Lea, MN 56007
0.05
$116,600
3
1
2,147
Off Market
307 E 6th St, Albert Lea, MN 56007
0.04
$139,900
3
2
2,097
Recently Sold
1017 James Ave, Albert Lea, MN 56007
0.07
$20,200
3
2
961
Off Market
402 E 4th St, Albert Lea, MN 56007
0.10
$139,900
4
2
1,149
Recently Sold
1009 James Ave, Albert Lea, MN 56007
0.09
$169,500
3
2
2,160
Off Market
312 E 6th St, Albert Lea, MN 56007
0.07
$139,100
3
1.5
1,924
Off Market
1036 James Ave, Albert Lea, MN 56007
0.08
$190,100
4
1.5
3,356
Off Market
1117 Frank Ave, Albert Lea, MN 56007
0.12
$117,500
2
1
1,572
Recently Sold

Local Information

  • Map ViewExplore the area around 318 E 5th St.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1928
1,086 sqft
$126/sqft
Garage

About this House

This 2-bedroom, 1-bath home is full of old-world charm, featuring beautiful hardwood floors throughout and stunning woodwork. Bright, spacious living areas showcase classic craftsmanship, with rich details that create a warm and inviting atmosphere. A lovely yard offers space to relax and entertain.

Don't miss this timeless gem—schedule your showing today!
318 E 5th St, Albert Lea, MN 56007 is a 2 bedroom, 1 bathroom, 1,086 sqft single-family home built in 1928. It last sold for $135,000 on Sep 30, 2025 (13% above the $119,900 asking price). More recently, it was listed as a rental in September 2026 with an asking price of $1,300 per month. That rental listing was removed on September 22, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $136,900, with a rent estimate of $1,316/month.
Last check for updates: 27 minutes ago
Listed by Dillon Robert Dale, (507) 995-8477
eXp Realty
Alyssa Dale, (507) 475-2731
Bought with: Garrett Smith, (952) 454-0307, Re/Max Advantage Plus
Source: NorthstarMLS as distributed by MLS GRID, MLS#6675533

Home Details for 318 E 5th St

Interior Features

Interior Details
Basement: Block,Egress Window(s),Partial,Sump Pump,Unfinished
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1086 Square FeetFoundation Area: 656
Appliances & Utilities
Appliances: Dryer, Range, Refrigerator, WasherDryerRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1.5Levels: One and One HalfAccessibility: None
View
No View

Exterior Features

Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Detached Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1086 Square Feet

Days on Market

Cumulative Days on Market: 172

Property Information

Year Built
Year Built: 1928
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 340362090

Price & Status

Price
List Price: $119,900
Status Change & Dates
Off Market Date: Mon Aug 18 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: Albert LeaCommunity: Lake Add
School Information
High School District: Albert Lea

Building

Building Area
Building Area: 1086 Square Feet

HOA

No HOA

Lot Information

Lot Area: 8712 sqft

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6675533Above Grade Unfinished Area: 1086

Price and Tax history

DateEventPrice
Sep 22, 2026
Source: Zillow Rentals
ListingRemoved
$1,300
Sep 3, 2026
Source: Zillow Rentals
Listed For Rent
$1,300
Sep 30, 2025
Source: NorthstarMLS as distributed by MLS GRID #6675533
Sold
$135,000
Aug 18, 2025
Source: NorthstarMLS as distributed by MLS GRID #6675533
Pending
$119,900
Feb 27, 2025
Source: NorthstarMLS as distributed by MLS GRID #6675533
Listed For Sale
$119,900

Market trends in Albert Lea

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$185K
Sale-to-List Price
99.1%
Price per sq ft
$99
Available listings
126
3MoM

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

Based on information submitted to the MLS GRID as of 2026-09-23 10:58:21 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
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

Frequently asked questions about 318 E 5th St

  • What is 318 E 5th St estimated to be worth?
    Trulia's estimated value for 318 E 5th St in Albert Lea, MN is $136,900.
  • What is the price history for 318 E 5th St?
    318 E 5th St in Albert Lea, MN last sold for $135,000 in September 2025.
  • Is Albert Lea a buyer's or seller's market?
    Albert Lea is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Albert Lea?
    The median sale price in Albert Lea is $185K.
  • Does 318 E 5th St have air conditioning?
    Yes, 318 E 5th St in Albert Lea, MN has air conditioning.
  • Does 318 E 5th St have laundry facilities?
    Yes, 318 E 5th St in Albert Lea, MN has in-unit laundry.

Explore by feature - Pet Friendly

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