507 Alice Avenue, Albert Lea, MN 56007

New Listing
$154,900
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,195 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $154,900 List Date: 4/28/2026 Last Modified: 4/28/2026

Overview

Description

Very well-maintained 3-bedroom, 2.5-bath home located in the heart of Albert Lea. This 1,195 sq ft property features a functional layout with one bedroom on the main level and additional bedrooms upstairs, offering flexibility for a variety of living arrangements. Enjoy the spacious 18x22 deck—perfect for entertaining or relaxing outdoors—along with a garage and off-street parking for added convenience. Ideally situated within walking distance to Fountain Lake walking trails, the beach, and the skate park, this home offers the best of location and lifestyle. Take in lake views from both the front and backyard, adding to the charm of this well-cared-for property. A move-in ready home in a prime location—schedule your showing today!

Listing Details MLS# 7063135

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Waterfront Present
No
Year Built
1910
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Bath Half
Yes
Main Floor Total SqFt
576
Above Grd Total SqFt
1195
Total SqFt
1195
Total Finished Sqft
1195.00
FireplaceYN
No
Style
(SF) Single Family
Foundation Size
576
Garage Stalls
Yes
Lot Dimensions
5000 sqft
Acres
0.11
Assessment Pending
Unknown
Number of Fireplaces
0
Bath Three Quarters
0
Bath Quarter
0
Below Grd Total SqFt
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: None Basement: Concrete Block Construction Status: Previously Owned Exterior: Aluminum Siding Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Sewer: City Sewer - In Street Stories: One and One Half Water: City Water - In Street

Contract Information

Contingency
None
Original List Price
154900
ListPrice
154900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
507
Street Name
Alice
Street Suffix
Avenue
Postal City
Albert Lea
County
Freeborn
State
MN
Zip Code
56007
Complex/Dev/Subdivision
Clausens First Sub

Assessments

Tax With Assessments
1674
Assessment Balance
0

Basement

Foundation Dimensions
24x24
Concrete Block
Yes

More Information

Building Information

Finished SqFt Above Ground
1195

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
308

Office/Member Info

Association
SEMR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
CLAUSEN'S FIRST SUBDIVISION N 50 FT LOT 9 CLAUSENS FIRST SUB
Listing City
Albert Lea
Map Page
999
Municipality
Albert Lea
School District
Albert Lea
School District Phone
507-379-4800
Zip Plus 4
2470
Property ID Number
341760090
Tax Year
2025
Tax Amount
1606
In Foreclosure?
No
Potential Short Sale?
Not disclosed
Lender Owned?
Not disclosed

Directions & Remarks

Public Remarks
Very well-maintained 3-bedroom, 2.5-bath home located in the heart of Albert Lea. This 1,195 sq ft property features a functional layout with one bedroom on the main level and additional bedrooms upstairs, offering flexibility for a variety of living arrangements. Enjoy the spacious 18x22 deck—perfect for entertaining or relaxing outdoors—along with a garage and off-street parking for added convenience. Ideally situated within walking distance to Fountain Lake walking trails, the beach, and the skate park, this home offers the best of location and lifestyle. Take in lake views from both the front and backyard, adding to the charm of this well-cared-for property. A move-in ready home in a prime location—schedule your showing today!
Directions
from Johnson Street, head south on Alice Ave. house next to the corner house on west side

Accessible

None
Yes

Air Conditioning

None
Yes

Construction Status

Previously Owned
Yes

Exterior

Aluminum Siding
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Sewer

City Sewer - In Street
Yes

Stories

One and One Half
Yes

Water

City Water - In Street
Yes
Listing Office: Robert Hoffman Realty Inc.
IDX
Last Updated: April - 28 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.