Savvy Avenue
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Street View
$249,900
Monthly Est:$1,244
4 Beds
4 Baths
2,800sqft
220 E 7th Street, Albert Lea, MN 56007
$249,900
$1,244/moEst:
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Quadruplex
Built in 1949
$-- HOA
7,000 sqft lot
$89/sq.ft
Description
Exceptional 3 Bedroom 4 Bath 4-Plex located on the corner of 7th Street and James Ave. The fourth unit is a commercial space that is currently a laundry service. It was formally a salon and could be converted back to a salon or another apartment. This property has been rented continuously with a solid rental history. Significant remodeling occurred on the property since it was purchased including new roof, medal siding, electric services, mini-splits, paint and some flooring. The property is licensed through the city and the rent is just under $3000/month. The tenants are responsible for paying their own utilities. There is ample parking on the large gravel parking lot and the 3-stall garage.
This turn key property is definitely one to look at.
- Houzeo last checked: 2 minutes ago
- Listing updated: July 7, 2026 at 9:19 am
- Listing Provided by: Lanier Pratt (507) 473-0390 | Keller Williams Premier Realty (507) 424-4422
- Source: Northstar MLS-MN | MLS#: 7104298
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1949
HOA Fees
-
Finished Area
2,800 sqft
Lot Size
7,000 sqft lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
7104298
Days on Market
94
Cumulative Days on Market
3
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Interior
Heating
Baseboard, Ductless Mini Split
Exterior Features
Metal
Sewer
City Sewer/connected
Construction
Year Built
Year Built: 1949
Home type
Quadruplex
Foundation Details
Slab
Utilities & Energy
Basement
None
Water Source
City Water/connected
Parking Features
Carport, Detached Garage, Gravel
Other Features
Tenant Pays
Electricity
Price History
| Date | Event | Price |
|---|---|---|
07/07/2026 Source: | Listed for Sale | $249,900 +127.39% $89/sqft |
04/08/2021 Source: | Price Decreased | $109,900 -8.03% $39/sqft |
04/08/2021 Source: | Listing Removed | $119,500 $43/sqft |
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Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Oct 09, 2026, 05:01AM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the 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.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Advertising Broker: Moe Mossa (Savvy Avenue) (612) 490-1268 | Savvy Avenue, LLC