Address
518 E 5th Street, Albert Lea, MN
Price
$ 127,500
Property Attributes
  • ID#7119339
  • TypeSingle Family
  • Listing Status Active
  • CountyFREEBORN
  • CityAlbert Lea
  • AreaLake Add
  • NeighborhoodLake Add
  • Zip56007
  • StyleSingle Family
  • Year Built1923
  • Taxes$ 746
  • Price$ 127,500
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1047
  • Lot Size0.1 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

Whether you're searching for your first home or a great investment opportunity, this affordable 3-bedroom, 1-bath home offers the perfect combination of value, comfort, and move-in-ready updates. Step inside to discover a bright, refreshed interior featuring all new flooring and fresh paint throughout the main level, creating a clean, modern feel from the moment you walk in. The functional layout offers comfortable living spaces, three well-sized bedrooms, and a full bath designed for everyday living. Outside, you'll appreciate the low-maintenance vinyl siding, providing lasting durability and attractive curb appeal. With its affordable price point, thoughtful updates, and opportunity to make it your own, this home is one you won't want to miss. Schedule your showing today and see all it has to offer!

Price History
7/31/2026 Listed $136,000
8/13/2026 7$127,500

General Features

Living Area 1047
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Appliances Dishwasher,Dryer,Range,Refrigerator,Washer
Year Built 1923
Levels Two
Property Subtype Single Family
Tax Year 2025
Accessibility None
County Freeborn
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Lake Add
Full Baths 1
Directions From Frank Ave,turn East onto 5th St,property is on the right.
City Albert Lea
High School District Albert Lea
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 746
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Albert Lea

Interior Features

Basement Full,Unfinished
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1047
Total Bedrooms 3
Total Baths 1
Fuel Natural Gas

Exterior Features

Parking Features Gravel
Water Source City Water/Connected
Lot Size Area 0.1
Building Area Total 1663
Lot Dimensions 132x33
Waterfront Y/N No
Foundation Area 616

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 56007

Price
AVG $290K
$130K
Taxes
AVG $3,278
$746
Year Built
AVG 1952
1923
Visits
AVG 99
22
Data Provided by Inside Real Estate®

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