This triplex is a great investment property. All units are currently rented out on a month to month lease. Electric is separated for each unit. Main floor unit pays their own gas bill and upper level units are paid by the owner. Main floor unit has 3 bedrooms and is $575/mo. Upper units each have 1 bedroom and are $525/mo. Alley access for parking in the back. All units have access to the basement for laundry services.
Closed
$135,000
513 W Main St, Albert Lea, MN 56007
5beds
3baths
3,558sqft
Triplex
Built in 1895
-- sqft lot
$166,400 Zestimate®
$38/sqft
$1,456 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 06, 2025 at 02:20pm
Listed by:
Lisa Evans 507-461-3790,
RE/MAX Properties
Bought with:
Crystal Hoiseth
Real Estate for Investors
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6259782
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Features
- Basement: Block,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,558
- Total interior livable area: 3,558 sqft
- Finished area above ground: 2,372
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel
- Details: Garage Dimensions (0)
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 8,712 sqft
- Dimensions: 63 x 137 x 63 x 136
Details
- Foundation area: 1186
- Parcel number: 340072120
- Lease amount: $0
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Other, Concrete
- Roof: Asphalt
Condition
- Age of Property: 130
- New construction: No
- Year built: 1895
Utilities & green energy
- Electric: Fuses
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Albert Lea
- Subdivision: Morins Add