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

406 E 4th St
Albert Lea, MN 56007

  • 2 Beds
  • 1 Bath
  • 1,004 sqft

$98,900

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $657/mo*

$98,900

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $657/mo*
2 Beds
1 Bath
1,004 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

Home Highlights

Property Type
Single-Family Home
Living Area
1,004 sqft
Price/Sqft
$99

About this House

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. It is currently off market. The Trulia Estimate is $98,900, with a rent estimate of $1,195/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

Price History for 406 E 4th St

DatePriceEventSource
05/07/2025$1,200ListingRemovedZillow Rentals
04/25/2025$1,200Listed For RentZillow Rentals
08/16/2024$1,200ListingRemovedZillow Rentals
08/06/2024$1,200Listed For RentZillow Rentals
09/08/2023ListingRemovedZillow Rentals
08/06/2023$1,100Listed For RentZillow Rentals
04/11/2023ListingRemovedZillow Rentals
03/19/2023$1,100Listed For RentZillow Rentals
08/01/2022$80,500Sold
NorthstarMLS as distributed by MLS GRID #6187450
05/04/2022$82,500PendingNorthstarMLS as distributed by MLS GRID #6187450
04/29/2022$82,500Listed For SaleNorthstarMLS as distributed by MLS GRID #6187450

Market trends in Albert Lea

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
115
25
MoM
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Property Tax and Assessment

Year2025
Tax$1,352
Assessment$93,400
Home facts updated by county records

Comparable Sales for 406 E 4th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.05
Single-Family Home
$113,900
09/30/25
2
1
1,023
0.11
Single-Family Home
$135,000
09/30/25
2
1
1,086
0.15
Single-Family Home
$117,500
05/08/26
2
1
1,572
0.22
Single-Family Home
$75,000
03/02/26
2
1
1,750
0.30
Single-Family Home
$124,900
01/23/26
2
1
1,004
0.38
Single-Family Home
$80,000
03/16/26
2
1
1,536
0.23
Single-Family Home
$125,000
10/15/25
3
1
1,199
0.47
Single-Family Home
$85,000
09/30/25
2
1
824
0.23
Single-Family Home
$50,000
01/29/26
3
1
1,248
0.49
Single-Family Home
$95,750
09/10/25
2
1
864

Nearby homes

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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 "
  • 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

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Homes for sale near 406 E 4th St

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Off Market Homes Near 406 E 4th St

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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 $98,900.
  • 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 seller's 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 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.