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

502 E 5th St
Albert Lea, MN 56007

  • 3 Beds
  • 1 Bath
  • 1,420 sqft
3 Beds
1 Bath
1,420 sqft

Home Value

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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
0.11
Single-Family Home
$50,000
01/29/26
3
1
1,248
0.08
Single-Family Home
$115,000
08/22/25
3
1
2,147
0.11
Single-Family Home
$135,000
09/30/25
2
1
1,086
0.11
Single-Family Home
$113,900
09/30/25
2
1
1,023
0.19
Single-Family Home
$125,000
10/15/25
3
1
1,199
0.03
Single-Family Home
$117,500
05/08/26
2
1
1,572
0.31
Single-Family Home
$133,000
10/03/25
3
1
1,126
0.08
Single-Family Home
$80,000
12/29/25
4
2
1,716
0.18
Single-Family Home
$124,900
01/23/26
2
1
1,004
0.13
Single-Family Home
$140,000
01/29/26
3
1.5
1,320

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
0.01
$64,000
3
1.5
1,424
Foreclosure
0.03
$117,500
2
1
1,572
Recently Sold
0.05
$127,500
3
1
1,047
For Sale
0.08
$80,000
4
2
1,716
Recently Sold
0.10
$159,000
3
2.5
1,482
Off Market
0.10
$144,700
3
2
1,426
Off Market
0.08
$117,500
3
1
2,147
Off Market
0.11
$180,300
3
1.5
1,704
Off Market
0.09
$212,600
3
2
1,257
Off Market
0.09
$147,600
3
1.5
1,478
Off Market
0.12
$189,000
7
3
1,890
For Sale
0.11
$116,600
2
1
1,023
Off Market

Local Information

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-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1910
Living Area
1,420 sqft
Parking
Garage

About this House

This single-family home is located at 502 E 5th St, Albert Lea, MN. 502 E 5th St is in Albert Lea, MN and in ZIP code 56007. This property has 3 bedrooms, 1 bathroom and approximately 1,420 sqft of floor space. This property has a lot size of 8712 sqft and was built in 1910.
502 E 5th St, Albert Lea, MN 56007 is a 3 bedroom, 1 bathroom, 1,420 sqft single-family home built in 1910. It is currently off market. The Trulia Estimate rent is $1,332/month.

Home Details for 502 E 5th St

Interior Features

Heating & Cooling
Heating: Forced AirCooling System: OtherHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2
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: 1910
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 8712 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$486
$38,900
Home facts updated by county records

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
8
MoM
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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 "
  • 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,"

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Homes for sale near 502 E 5th St

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Off Market Homes Near 502 E 5th St

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Frequently asked questions about 502 E 5th St

  • 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.
  • What are the closest schools to 502 E 5th St?
    The closest schools to 502 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).
  • Does 502 E 5th St have air conditioning?
    Yes, 502 E 5th St in Albert Lea, MN has air conditioning.
  • How big is the lot at 502 E 5th St?
    The lot at 502 E 5th St in Albert Lea, MN is about 0.20 acres (8,712 sq ft).
  • Does 502 E 5th St have a garage?
    Yes, 502 E 5th St in Albert Lea, MN has a garage.