640 Marshall Street, Albert Lea, MN 56007

$169,900
Property Type: Multi-Family Bedrooms: 6 Baths: 3 Square Footage: 2,854 Lot Size (sq. ft.): 12,197 Status: Active
Current Price: $169,900 List Date: 2/26/2026 Last Modified: 5/19/2026

Overview

Description

Take a look at this updated Triplex! You can move in to the main floor and rent the other 2 or rent out all 3! Everything has been updated so start making money right away! The main floor has 2 bedrooms 1 bath laundry, eat in kitchen and a good sized living room. There is 2 upstairs one is 2 bedroom 1 bath and the other is 1 bedroom 1 bath with shared laundry in the basement. Located near the beach! Take a look today!

Listing Details MLS# 7027333

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1888
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
676
Above Ground SqFt
2178
Below Grd Total SqFt
676
Total SqFt
2854
Foundation Size
676
Style
(MF) Triplex
Total Finished Sqft
2178.00
Garage Stalls
2
Lot Dimensions
169x94
Acres
0.28
Assessment Pending
No

Property Features

Accessible: None Basement: Concrete Block Construction Status: Previously Owned Exterior: Vinyl Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Lock Box Type: None Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
194900
ListPrice
169900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
640
Street Name
Marshall
Street Suffix
Street
Postal City
Albert Lea
County
Freeborn
State
MN
Zip Code
56007

Assessments

Tax With Assessments
2668
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2178

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
20x22
Garage Square Feet
440

Public Survey Info

Range#
21
Section#
09
Township#
102

Unit 1

Furnished?
No
Lease Expiration Date
2026-03-26
Leased?
Yes
Unit Number
Yes
Full Baths
Yes
Monthly Rent
800
No. of Units Like This
3
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit Details

Total Units
3

Office/Member Info

Association
SEMR

Location, Tax and Other Information

Legal Description
SECT-09 TWP-102 RANGE-021 REV DESC NO. 3142 PT OF FLINDT LOT IN NW1/4 9-102-21 CITY OF ALBERT LEA
Listing City
Albert Lea
Map Page
999
Municipality
Albert Lea
School District
Albert Lea
School District Phone
507-379-4800
Zip Plus 4
3755
Property ID Number
341870350
Tax Year
2025
Tax Amount
2464
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Take a look at this updated Triplex! You can move in to the main floor and rent the other 2 or rent out all 3! Everything has been updated so start making money right away! The main floor has 2 bedrooms 1 bath laundry, eat in kitchen and a good sized living room. There is 2 upstairs one is 2 bedroom 1 bath and the other is 1 bedroom 1 bath with shared laundry in the basement. Located near the beach! Take a look today!
Directions
From bridge ave take a left onto marshall st first house on left

Accessible

None
Yes

Basement

Concrete Block
Yes

Construction Status

Previously Owned
Yes

Exterior

Vinyl
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Lock Box Type

None
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Income and Expenses

Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Expenses
0
Annual Gross Income
0
Annual Insurance Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0
Total Annual Expenses
0
Listing Office: Robert Hoffman Realty Inc.
IDX
Last Updated: May - 19 - 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.