514 E  7th St, Albert Lea, MN 56007
OFF MARKET

514 E 7th St
Albert Lea, MN 56007

  • 7 Beds
  • 3 Baths
  • 2,948 sqft

$134,600

Trulia Estimate
as of May 19, 2026
Est. Refi. Payment $868/mo*

$134,600

Trulia Estimate
as of May 19, 2026
Est. Refi. Payment $868/mo*
7 Beds
3 Baths
2,948 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

This investment property is a fixer upper, the back unit has three bedrooms and is already gutted. Two bedroom unit upstairs and a two bedroom unit in the front. Lots of future potential.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 06, 2025

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 514 E 7th St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: None
Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2948 Square FeetFoundation Area: 2948
Appliances & Utilities
Laundry: Common Area,Laundry Room,Coin-op Laundry Owned
Heating & Cooling
Heating: RadiantHas HeatingHeating Fuel: Radiant
Gas & Electric
Gas: Electric, Natural Gas
Levels, Entrance, & Accessibility
Number of Stories: 2Levels: TwoAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Fencing: NoneNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached Garage
Pool
Pool: None
Frontage
Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 2948 Square Feet

Days on Market

Cumulative Days on Market: 72

Property Information

Year Built
Year Built: 1946
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex
Building
Not a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 340490870

Price & Status

Price
List Price: $94,700
Status Change & Dates
Off Market Date: Wed Dec 20 2023

Location

Direction & Address
City: Albert Lea
School Information
High School District: Albert Lea

Building

Building Area
Building Area: 2948 Square Feet

Lot Information

Lot Area: 8400 sqft

Offer

Contingencies: None

Miscellaneous

Mls Number: 6446454Above Grade Unfinished Area: 2948

Additional Information

HOA Amenities: Coin-op Laundry Owned
Last check for updates: about 5 hours ago
Listed by Gina Wadding, (507) 383-2493
Keller Williams Premier Realty
Bought with: Kristina Wheeler, (612) 505-2860, Keller Williams Premier Realty
Source: NorthstarMLS as distributed by MLS GRID, MLS#6446454

Price History for 514 E 7th St

DatePriceEventSource
12/15/2023$70,000Sold
NorthstarMLS as distributed by MLS GRID #6446454
10/11/2023$94,700Listed For SaleNorthstarMLS as distributed by MLS GRID #6446454
06/15/2017$19,900Sold
N/A
04/17/2014$72,900ListingRemovedAgent Provided
02/19/2014$72,900Listed For SaleAgent Provided
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Property Tax and Assessment

Year2025
Tax$3,022
Assessment$138,600
Home facts updated by county records

Comparable Sales for 514 E 7th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.36
Multi-Family Home
$179,900
05/07/26
4
2
2,192
0.89
Multi-Family Home
$59,000
01/14/26
6
3
2,515
0.55
Multi-Family Home
$125,000
11/21/25
4
2
1,976
0.85
Multi-Family Home
$157,000
03/05/26
3
4
3,506
1.02
Multi-Family Home
$275,000
03/06/26
6
4
3,894
1.33
Multi-Family Home
$150,000
04/16/26
4
2
3,840
1.94
Multi-Family Home
$183,000
08/28/25
6
3
2,660
2.77
Multi-Family Home
$195,000
11/21/25
4
2
1,692

What Locals Say about Albert Lea

At least 101 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

  • 64 % Say there are sidewalks

  • 64 % Say people would walk alone at night

  • 63 % Say streets are well-lit

  • 62 % Say there's holiday spirit

  • 58 % Say neighbors are friendly

  • 53 % Say it's quiet

  • 50 % Say there's wildlife

  • 41 % Say they plan to stay for at least 5 years

  • 38 % Say it's walkable to grocery stores

  • 31 % 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 514 E 7th St

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Off Market Homes Near 514 E 7th St

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Based on information submitted to the MLS GRID as of 2026-05-19 11:23:02 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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Homes for rent near 514 E 7th St

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514 E 7th St, Albert Lea, MN 56007 is a 7 bedroom, 3 bathroom, 2,948 sqft multi-family built in 1946. This property is not currently available for sale. 514 E 7th St was last sold on Dec 15, 2023 for $70,000 (26% lower than the asking price of $94,700). The current Trulia Estimate for 514 E 7th St is $134,600.