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

406 E 5th St
Albert Lea, MN 56007

  • 2 Beds
  • 2 Baths
  • 1,607 sqft

$53,700

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $396/mo*
Refinance Your Home

$53,700

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $396/mo*
Refinance Your Home
2 Beds
2 Baths
1,607 sqft

Home Value

Trulia Estimate
$53.7K
Since last month
Decreased$13K (-19.8%)
Since last year
Decreased$19K (-26.7%)
Since last sale
Increased$33K (+167.7%)
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 +172% in the last 10 years
MonthEstimated value
2026
August 2026$53K
July 2026$58K
June 2026$66K
May 2026$67K
April 2026$66K
March 2026$66K
February 2026$65K
January 2026$66K
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
307 E 6th St, Albert Lea, MN
0.07
Single-Family Home
$139,900
05/08/26
3
2
2,097
1007 Frank Ave, Albert Lea, MN
0.11
Single-Family Home
$80,000
12/29/25
4
2
1,716
1317 Frank Ave, Albert Lea, MN
0.23
Single-Family Home
$112,000
05/01/26
2
1.5
1,911
623 E 6th St, Albert Lea, MN
0.22
Single-Family Home
$128,000
04/14/26
3
1.5
1,802
1117 Frank Ave, Albert Lea, MN
0.07
Single-Family Home
$117,500
05/08/26
2
1
1,572
1026 S Newton Ave, Albert Lea, MN
0.22
Single-Family Home
$75,000
03/02/26
2
1
1,750
318 E 5th St, Albert Lea, MN
0.05
Single-Family Home
$135,000
09/30/25
2
1
1,086
1016 Saint John Ave, Albert Lea, MN
0.07
Single-Family Home
$113,900
09/30/25
2
1
1,023
303 E 6th St, Albert Lea, MN
0.04
Single-Family Home
$115,000
08/22/25
3
1
2,147
402 E 4th St, Albert Lea, MN
0.10
Single-Family Home
$139,900
01/29/26
4
2
1,149

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
303 E 6th St, Albert Lea, MN 56007
0.04
$117,500
3
1
2,147
Off Market
506 E 5th St, Albert Lea, MN 56007
0.08
$64,000
3
1.5
1,424
Foreclosure
1117 Frank Ave, Albert Lea, MN 56007
0.07
$117,500
2
1
1,572
Recently Sold
318 E 5th St, Albert Lea, MN 56007
0.05
$138,200
2
1
1,086
Off Market
1016 Saint John Ave, Albert Lea, MN 56007
0.07
$116,600
2
1
1,023
Off Market
1026 Saint John Ave, Albert Lea, MN 56007
0.06
$87,400
2
2
2,106
Off Market
1020 Saint John Ave, Albert Lea, MN 56007
0.07
$81,000
3
1
1,179
Off Market
1007 Frank Ave, Albert Lea, MN 56007
0.11
$80,000
4
2
1,716
Recently Sold
402 E 4th St, Albert Lea, MN 56007
0.10
$139,900
4
2
1,149
Recently Sold
1210 Frank Ave, Albert Lea, MN 56007
0.09
$212,600
3
2
1,257
Off Market
518 E 5th St, Albert Lea, MN 56007
0.12
$127,500
3
1
1,047
For Sale
307 E 6th St, Albert Lea, MN 56007
0.07
$139,900
3
2
2,097
Recently Sold

Local Information

  • Map ViewExplore the area around 406 E 5th St.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1931
Living Area
1,607 sqft
Price/Sqft
$33
Parking
Garage

About this House

Affordable home with lots of storage space, nice double stall garage, with room for RV parking, storage shed, and great patio area for entertaining.
406 E 5th St, Albert Lea, MN 56007 is a 2 bedroom, 2 bathroom, 1,607 sqft single-family home built in 1931. It last sold for $19,800 on Apr 26, 2012. It is currently off market. The Trulia Estimate is $53,700, with a rent estimate of $1,364/month.

Home Details for 406 E 5th St

Interior Features

Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Linoleum Vinyl
Interior Details
Number of Rooms: 6

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: OtherFoundation Type: Concrete Block
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1931
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 6969 sqft

Price and Tax history

DateEventPrice
Apr 26, 2012
Source: NorthstarMLS as distributed by MLS GRID #5073362
Sold
$19,800
Mar 13, 2012
Source: Agent Provided
Listed For Sale
$19,800

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
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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."
    1
    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
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  • 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

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Apartments for Rent

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Explore by feature - Pet Friendly

7 pet-friendly rentals in Albert Lea, MN

Explore by feature - Garage

6 rentals with a garage in Albert Lea, MN

Explore by feature - Air Conditioning

11 rentals with air conditioning in Albert Lea, MN

Explore by feature - Washer/dryer

Homes for sale near 406 E 5th St

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Off Market Homes Near 406 E 5th St

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Frequently asked questions about 406 E 5th St

  • What is 406 E 5th St estimated to be worth?
    Trulia's estimated value for 406 E 5th St in Albert Lea, MN is $53,700.
  • What is the price history for 406 E 5th St?
    406 E 5th St in Albert Lea, MN last sold for $19,800 in April 2012.
  • 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.
  • How big is the lot at 406 E 5th St?
    The lot at 406 E 5th St in Albert Lea, MN is about 0.16 acres (6,970 sq ft).
  • Does 406 E 5th St have a garage?
    Yes, 406 E 5th St in Albert Lea, MN has a garage.