1 of 1

This home will be available soon!

415 W College Street

Albert Lea, MN 56007

– beds
– baths
2,515 sqft
$31 per sqft
1890 build
– on site

If you are looking for a multi-unit building and you have the ability to do the remodel yourself, this is a great opportunity. We gutted most of the kitchens and bathrooms in preparation for a remodel. The exterior has been recently painted and the roof doesn't leak. Additionally, the utilities are separate for each unit. There is a furnace in the basement ready to replace the old one that is there. There was a small water loss event in one unit a year ago or so and the plumbing would need to be repaired. This has the potential to have (3) 2 bedroom 1 bath units that could rent starting at $850/mo. each depending on how nice the remodel is. The agent is the owner so reach out with any questions. The property is a show and go so schedule through ShowingTime. PLEASE WATCH YOUR STEP IN UNIT 2 AS THE BATHROOM FLOOR HAS BEEN REMOVED IN PREPARATION FOR NEW FLOORING.

Listing courtesy of NORTHSTAR / Lanier Pratt / Keller Williams Premier Realty

Last checked: Checking… • Last updated Jun 20, 2025 •

MLS# 6742759 —

The Building

Year Built:

1890
New Construction:

false
Age Of Property:

135
Construction Materials:

Shake Siding, Slate
Construction Materials Desc:

Block,Stone
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1722.0000
Basement:

Block
Basement:

true
Foundation Area:

1710
Foundation Dimensions:

38x45
Building Area Total:

3265
Above Grade Finished Area:

2515

Room Dimensions

Living Area:

2515

Location

Directions:

From Main Street, turn South. Turn left on College St. and the property will be on your right hand side.
Latitude:

43.646591
Longitude:

-93.372831

The Property

Parcel Number:

340130110
Property Type:

Residential Income
Property Subtype:

Triplex
Additional Parcels:

false
Lot Size Area:

0.19
Lot Size Dimensions:

67x20
Lot Size Units:

Square Feet
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

742
Tax With Assessments:

946.0000

Heating & Cooling

Heating:

Forced Air

Utilities

Electric:

Fuses
Sewer:

City Sewer/Connected

Schools

High School District:

Albert Lea

The Community

Subdivision Name:

Cottage Place Add
Assessment Pending:

No

Extra Units

# of Units Total:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
6/20/25 Jun 20, 2025	Coming Soon	NORTHSTAR	$79,900

Multifamily

$79,900

Listing provided by broker:

Lanier Pratt

Keller Williams Premier Realty

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This multifamily is located in Albert Lea, MN 56007. 415 W College Street is a 2,515 square foot multifamily with – beds and – baths that has been on Estately for 0 days. This multifamily is in the attendance area of Lakeview Elementary School, Southwest Middle School, and Albert Lea Senior High School.

Listing Courtesy of: NORTHSTAR and Keller Williams Premier Realty.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. 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.