702 E  Main St, Albert Lea, MN 56007
OFF MARKET

702 E Main St
Albert Lea, MN 56007

  • Studio
  • 1 Bath
  • 730 sqft

$162,500

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $1,048/mo*

$162,500

Trulia Estimate
as of Aug 14, 2026
Est. Refi. Payment $1,048/mo*
Studio
1 Bath
730 sqft

Home Value

Trulia Estimate
$163K
Since last month
Decreased$6K (-3.8%)
Since last year
Decreased$14K (-8.1%)
Since last sale
Increased$42K (+34.6%)
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 +86% in the last 10 years
MonthEstimated value
2026
August 2026$163K
July 2026$166K
June 2026$169K
May 2026$169K
April 2026$170K
March 2026$162K
February 2026$160K
January 2026$150K
2025
2024
2023
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
0.34
Single-Family Home
$115,000
11/18/25
3
1
1,248
0.42
Single-Family Home
$108,200
07/08/26
2
1
722
0.36
Single-Family Home
$120,000
12/17/25
2
1
1,065
0.50
Single-Family Home
$126,000
11/25/25
2
1
1,120
0.35
Single-Family Home
$75,000
06/25/26
3
1
1,848
0.41
Single-Family Home
$76,500
01/05/26
3
1
1,224
0.75
Single-Family Home
$113,900
09/30/25
2
1
1,023
0.34
Single-Family Home
$85,000
03/13/26
4
2
1,410
0.40
Single-Family Home
$126,500
09/05/25
3
2
1,456
0.59
Single-Family Home
$172,500
04/02/26
3
1
1,040

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
0.20
$124,200
3
3
2,184
Off Market
0.20
$286,000
4
2.5
2,168
Off Market
0.23
$113,900
4
3
1,751
Off Market
0.22
$183,700
3
2.5
1,398
Off Market
0.26
$88,700
2
2
1,141
Off Market
0.24
$127,700
3
1.5
2,353
Off Market
0.28
$106,000
3
1
1,344
Off Market
0.27
$199,400
3
2.5
2,208
Off Market
0.26
$105,000
2
3
1,809
Recently Sold
0.27
$158,200
4
2
1,552
Off Market
0.27
$165,900
3
1.5
1,546
For Sale
0.29
$131,800
3
2
1,374
Off Market

Local Information

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-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1940
Living Area
730 sqft
Price/Sqft
$223

About this House

This single-family home is located at 702 E Main St, Albert Lea, MN. 702 E Main St is in Albert Lea, MN and in ZIP code 56007. This property has 1 bathroom and approximately 730 sqft of floor space. This property has a lot size of 8276 sqft and was built in 1940.
702 E Main St, Albert Lea, MN 56007 is a studio, 1 bathroom, 730 sqft single-family home built in 1940. It last sold for $120,740 on Nov 7, 2014. It is currently off market. The Trulia Estimate is $162,500, with a rent estimate of $1,120/month.

Home Details for 702 E Main St

Interior Features

Heating & Cooling
Heating: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 8276 sqft

Price and Tax history

DateEventPrice
Nov 7, 2014
Source: N/A
Sold
$120,740
Dec 28, 2005
Source: N/A
Sold
$107,000

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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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 702 E Main St

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Off Market Homes Near 702 E Main St

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Frequently asked questions about 702 E Main St

  • What is 702 E Main St estimated to be worth?
    Trulia's estimated value for 702 E Main St in Albert Lea, MN is $162,500.
  • What is the price history for 702 E Main St?
    702 E Main St in Albert Lea, MN last sold for $120,740 in November 2014.
  • 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 702 E Main St?
    The lot at 702 E Main St in Albert Lea, MN is about 0.19 acres (8,276 sq ft).