1017 James Avenue, Albert Lea, MN 56007

$19,900
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,737 Lot Size (sq. ft.): 7,841 Status: Closed
Current Price: $19,900 List Date: 7/09/2025 Last Modified: 1/27/2026

Overview

Description

Great opportunity for investors, rehabbers, or owner-occupants looking to build equity! This 3-bedroom, 2-bath home offers 961 sq ft of living space and sits on nearly a full acre—an oversized lot rarely found within city limits. With a functional layout and solid structure, this property is ready for renovation and personal touches. Ideal for a fix-and-flip, rental portfolio addition, or a homeowner seeking a renovation project. Convenient location in a quiet neighborhood with close proximity to schools, parks, and downtown Albert Lea. Property is being sold as-is. Bring your vision and unlock the full potential of this value-add opportunity!

Listing Details MLS# 6752287

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Waterfront YN
No
Year Built
1900
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Main Floor Total SqFt
776
Above Grd Total SqFt
961
Below Grd Total SqFt
776
Total SqFt
1737
Total Finished Sqft
961.00
FireplaceYN
No
Style
(SF) Single Family
Foundation Size
778
Garage Stalls
2
Lot Dimensions
49x165
Acres
0.18
Number of Fireplaces
0
Bath Three Quarters
0
Bath Half
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: None Basement: Unfinished Construction Status: Previously Owned Exterior: Vinyl Financing Terms: Cash Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: One and One Half Water: City Water/Connected

Contract Information

Off Market Date
2025-07-12
Contingency
None
Closed Date
2025-07-28
Original List Price
40000
Sales Close Price
19900
ListPrice
20000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1017
Street Name
James
Street Suffix
Avenue
Postal City
Albert Lea
County
Freeborn
State
MN
Zip Code
56007
Complex/Dev/Subdivision
Lake Add

Assessments

Tax With Assessments
368
Assessment Balance
0

Building Information

Finished SqFt Above Ground
961

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
840

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LAKE ADDITION LOT-PT8 BLOCK-002 N 3/4 LOT 8 BLK 2 LAKE ADDITION
Listing City
Albert Lea
Map Page
999
Municipality
Albert Lea
School District
Albert Lea
School District Phone
507-379-4800
Zip Plus 4
3054
Property ID Number
340360100
Tax Year
2025
Tax Amount
300
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Great opportunity for investors, rehabbers, or owner-occupants looking to build equity! This 3-bedroom, 2-bath home offers 961 sq ft of living space and sits on nearly a full acre—an oversized lot rarely found within city limits. With a functional layout and solid structure, this property is ready for renovation and personal touches. Ideal for a fix-and-flip, rental portfolio addition, or a homeowner seeking a renovation project. Convenient location in a quiet neighborhood with close proximity to schools, parks, and downtown Albert Lea. Property is being sold as-is. Bring your vision and unlock the full potential of this value-add opportunity!
Directions
Head north on Broadway Ave (US-65) through southern Albert Lea. Continue north past downtown until you reach West Front Street. Turn right (east) onto West Front Street. At the first stop sign, turn left (north) onto James Ave. Continue approximately 0.3 miles—1017 James Ave will be on your left (we

Accessible

None
Yes

Air Conditioning

None
Yes

Basement

Unfinished
Yes

Construction Status

Previously Owned
Yes

Exterior

Vinyl
Yes

Financing Terms

Cash
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Stories

One and One Half
Yes

Water

City Water/Connected
Yes
IDX
Listing Office: Jeff Hagel
Last Updated: January - 27 - 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.