Lori Gustafson

615 Albert Lea Street

Albert Lea, MN
$ 182,000 Beds 3 Baths 1.5 Sq 1,128
Monthly Estimate* How much can I afford?

RARE, SPECTACLAR PANORAMIC VIEWS of Fountain Lake, Katherine Island, 3 City water fountains, and Denmark Park. Admire ducks, pelicans, sunsets, or just meditate. Located on the Blue Zone scenic walking or biking trail which circles around the whole 5-mile Fountain Lake. 3 Blocks from the City Beach, walk to ice cream shop, boating, fishing all year round, winter sports, picnics, shopping, dining, fitness center with picturesque lake scenery and City lights. Host 4th of July parties and 1/2 block to the parade. Home built in 1890. 3 bedrooms, 2 bathrooms, 24x16 garage, fenced in backyard, water heater 2022, roof 2020, windows 2021, furnace 2018. Great potential for VRBO/Air BNB. Cash or Conventional buyer only. LOCATION, LOCATION, LOCATION!!!

Single Family

  • Price
  • $ 182,000
  • City
  • Albert Lea
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • FREEBORN
  • Half Bathrooms
  • 1
  • Area
  • Rubles North Side Park Add
  • Lot Size
  • 0.15652 Acres
  • Zip
  • 56007
  • Sqr Footage
  • 1,128
  • Year Built
  • 1890
  • Taxes
  • $ 2358
  • Style
  • Single Family
  • MLS#
  • 7145262
Listed By: Coldwell Banker River Valley, REALTORS
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1128
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less
Appliances Dryer,Gas Water Heater,Refrigerator,Washer,Water Softener Owned
Garage Spaces 1
Year Built 1890
Electric Fuses
Levels One and One Half
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake Front,Lake View
Accessibility None
County Freeborn
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Rubles North Side Park Add
Full Baths 1
Directions N on Bridge St. Turn Left on Ruble and left on Albert Lea Street. House on hill to right.
City Albert Lea
High School District Albert Lea
Zoning Description Residential-Single Family
Lot Size Units Square Feet
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2358
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit City View,Deck,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Patio,Porch,Panoramic View,Washer/Dryer Hookup
PostalCity Albert Lea

Interior Features

Basement Full
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1128
Half Baths 1
Laundry Features In Basement
Total Bedrooms 3
Total Baths 2
Bath Desc Main Floor 1/2 Bath,Upper Level Full Bath
Dining Room Description Separate/Formal Dining Room
Fuel Natural Gas
Garage Square Feet 384

Exterior Features

Fencing Full
Parking Features Detached Garage
Lot Features Irregular Lot
Water Source City Water/Connected
Lot Size Area 6818
Building Area Total 1832
Lot Dimensions Irregular
Waterfront Y/N Yes
Foundation Area 704

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/16/2026 Listed $182,000

Property vs Zip Code Average in 56007

Price
AVG $280K
$180K
Taxes
AVG $3,249
$2,358
Year Built
AVG 1951
1890
Visits
AVG 99
331
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

615 Albert Lea Street Albert Lea, MN is a Single Family Home for sale at $182000 with 1128 sqft and a lot size of 0.15652 Acres Acre(s). 615 Albert Lea Street Albert Lea has 3 bedrooms, 1 baths and was built in 1890. The property's zip code is 56007 which is in Albert Lea, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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