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

407 E 5th St
Albert Lea, MN 56007

  • 1 Bed
  • 1 Bath
  • 532 sqft

$69,100

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $482/mo*
Refinance Your Home

$69,100

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $482/mo*
Refinance Your Home
1 Bed
1 Bath
532 sqft

Local Information

  • Map ViewExplore the area around 407 E 5th St.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1923
Living Area
532 sqft
Price/Sqft
$130
Parking
Garage

About this House

This single-family home is located at 407 E 5th St, Albert Lea, MN. 407 E 5th St is in Albert Lea, MN and in ZIP code 56007. This property has 1 bedroom, 1 bathroom and approximately 532 sqft of floor space. This property has a lot size of 3696 sqft and was built in 1923.
407 E 5th St, Albert Lea, MN 56007 is a 1 bedroom, 1 bathroom, 532 sqft single-family home built in 1923. It is currently off market. The Trulia Estimate is $69,100, with a rent estimate of $860/month.

Home Details for 407 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: 3

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: OtherFoundation Type: Concrete BlockPatio
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1923
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 3696 sqft

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
25MoM
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Property Tax and Assessment

Year2025
Tax$620
Assessment$71,000
Home facts updated by county records

Comparable Sales for 407 E 5th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1117 Frank Ave, Albert Lea, MN
0.10
Single-Family Home
$117,500
05/08/26
2
1
1,572
1016 Saint John Ave, Albert Lea, MN
0.04
Single-Family Home
$113,900
09/30/25
2
1
1,023
525 Triangle Dr, Albert Lea, MN
0.59
Single-Family Home
$40,000
11/07/25
1
1
493
318 E 5th St, Albert Lea, MN
0.05
Single-Family Home
$135,000
09/30/25
2
1
1,086
319 E 8th St, Albert Lea, MN
0.27
Single-Family Home
$45,000
07/25/26
2
1
660
1223 James Ave, Albert Lea, MN
0.17
Single-Family Home
$125,000
10/15/25
3
1
1,199
1026 S Newton Ave, Albert Lea, MN
0.21
Single-Family Home
$75,000
03/02/26
2
1
1,750
1112 Madison Ave, Albert Lea, MN
0.46
Single-Family Home
$85,000
09/30/25
2
1
824
1425 Frank Ave, Albert Lea, MN
0.41
Single-Family Home
$70,000
02/17/26
1
2
594
621 E 7th St, Albert Lea, MN
0.25
Single-Family Home
$124,900
01/23/26
2
1
1,004

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 407 E 5th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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
    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

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Apartments for Rent

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Explore by feature - Pet Friendly

6 pet-friendly rentals in Albert Lea, MN

Explore by feature - Garage

Explore by feature - Air Conditioning

9 rentals with air conditioning in Albert Lea, MN

Homes for sale near 407 E 5th St

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Off Market Homes Near 407 E 5th St

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Frequently asked questions about 407 E 5th St

  • What is 407 E 5th St estimated to be worth?
    Trulia's estimated value for 407 E 5th St in Albert Lea, MN is $69,100.
  • 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.
  • What are the closest schools to 407 E 5th St?
    The closest schools to 407 E 5th St 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).
  • How big is the lot at 407 E 5th St?
    The lot at 407 E 5th St in Albert Lea, MN is about 0.08 acres (3,696 sq ft).
  • Does 407 E 5th St have a garage?
    Yes, 407 E 5th St in Albert Lea, MN has a garage.