406 E 4th St, Albert Lea, MN 56007
Property image
Property image
OFF MARKET

$99,700

Trulia Estimate
as of Oct 6, 2026
  • 2 Beds
  • 1 Bath
  • 1,004 sqft

406 E 4th St, Albert Lea, MN 56007

Home Highlights

Single-Family Home
1,004 sqft
$99/sqft

Local Information

  • Map ViewExplore the area around 406 E 4th St.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Refinished hardwood floorsSemi-private backyardHigh-end appliancesNew cabinetsNew bathroom flooringAmple storage
Must meet income qualifications. Gross household monthly income must be three times the cost of monthly rent. ($1,200 x 3 = $3,600)

Come check out this charming 2+ bed, 1 bath home just minutes from the freeway! It won't last long! This home has had many updates, including: freshly painted exterior and interior, beautifully refinished hardwood floors, new bathroom flooring, completely updated kitchen with new cabinets, countertops, flooring and high-end appliances you will be hard pressed to find in another rental in the area! The home also boasts ample storage and a semi-private backyard. There are several parks, the community pool, Blazing Star State Trail and restaurants all within walking distance!

Lease is for 1 yr with monthly auto-renewal thereafter. First month's rent and security deposit (and possibly pet deposit) are due at signing. Tenant is responsible for all utilities, lawn care and snow removal. A cat or small dog are permitted. Smoking is prohibited on the premises.
406 E 4th St, Albert Lea, MN 56007 is a 2 bedroom, 1 bathroom, 1,004 sqft single-family home. It last sold for $80,500 on Aug 1, 2022 (6,608% above the $1,200 asking price). More recently, it was listed as a rental in April 2025 with an asking price of $1,200 per month. That rental listing was removed on May 7, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $99,700, with a rent estimate of $1,205/month.

Home Details for 406 E 4th St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
Parking: Detached Off Street, On Site

Comparable Sales for 406 E 4th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1205 James Ave, Albert Lea, MN
0.18
Single-Family Home
$61,233
10/02/26
2
1
918 sqft
1117 Frank Ave, Albert Lea, MN
0.15
Single-Family Home
$117,500
05/08/26
2
1
1,572 sqft
1026 S Newton Ave, Albert Lea, MN
0.22
Single-Family Home
$75,000
03/02/26
2
1
1,750 sqft
621 E 7th St, Albert Lea, MN
0.30
Single-Family Home
$124,900
01/23/26
2
1
1,004 sqft
1316 Margaretha Ave, Albert Lea, MN
0.38
Single-Family Home
$80,000
03/16/26
2
1
1,536 sqft
1223 James Ave, Albert Lea, MN
0.23
Single-Family Home
$125,000
10/15/25
3
1
1,199 sqft
212 E 5th St, Albert Lea, MN
0.19
Single-Family Home
$79,900
09/25/26
2
1.5
1,664 sqft
1212 Saint Joseph Ave, Albert Lea, MN
0.23
Single-Family Home
$50,000
01/29/26
3
1
1,248 sqft
306 E 2nd St, Albert Lea, MN
0.19
Single-Family Home
$154,000
04/17/26
2
1
2,222 sqft
402 E 4th St, Albert Lea, MN
0.01
Single-Family Home
$139,900
01/29/26
4
2
1,149 sqft

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

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

Price and Tax history

DateEventPrice
May 7, 2025
Source: Zillow Rentals
ListingRemoved
$1,200
Apr 25, 2025
Source: Zillow Rentals
Listed For Rent
$1,200
Aug 16, 2024
Source: Zillow Rentals
ListingRemoved
$1,200
Aug 6, 2024
Source: Zillow Rentals
Listed For Rent
$1,200
Sep 8, 2023
Source: Zillow Rentals
ListingRemoved

Frequently asked questions about 406 E 4th St

  • What is 406 E 4th St estimated to be worth?
    Trulia's estimated value for 406 E 4th St in Albert Lea, MN is $99,700.
  • What is the price history for 406 E 4th St?
    406 E 4th St in Albert Lea, MN last sold for $80,500 in August 2022.
  • 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 406 E 4th St have air conditioning?
    Yes, 406 E 4th St in Albert Lea, MN has air conditioning.
  • Does 406 E 4th St have laundry facilities?
    Yes, 406 E 4th St in Albert Lea, MN has in-unit laundry.

Homes for rent near 406 E 4th St

Skip to last item
Skip to first item

Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
Skip to last item
  • Results are loading
Skip to first item