817 Abbott Street, Albert Lea, MN 56007

$149,900
Property Type: Multi-Family Bedrooms: 3 Baths: 3 Square Footage: 2,325 Lot Size (sq. ft.): 15,246 Status: Pending
Current Price: $149,900 List Date: 4/07/2026 Last Modified: 6/09/2026

Overview

Description

What a fantastic investment opportunity! This up-and-down duplex is ideally located just one block from the lake, offering beautiful lake views, and sits directly across the street from an elementary school—an unbeatable location! The main level features three spacious bedrooms, a full bathroom, a functional kitchen, a formal dining room, and a comfortable living area. You’ll also appreciate the partially finished basement—perfect for a workout space, hobby room, or additional storage. There’s plenty of room to spread out and make it your own. Upstairs, you’ll find a separate one-bedroom apartment complete with its own kitchen, living room, bedroom, and bathroom—ideal for rental income or guests. Additional highlights include a two-stall detached garage providing ample parking and storage. With a little work, this property could easily be converted back into a single-family home if desired. Whether you’re looking for a rental property, short-term income opp ...

Listing Details MLS# 7049528

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1897
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Main Floor Total SqFt
1105
Above Ground SqFt
1532
Below Grd Total SqFt
793
Total SqFt
2325
Foundation Size
793
Style
(MF) Duplex Up and Down
Total Finished Sqft
1724.00
Power Company
Freeborn - Mower Cooperative Services
Garage Stalls
2
Lot Dimensions
.35
Acres
0.35
Assessment Pending
No
# Carport Spaces
0

Property Features

Accessible: None Assumable Loan: Not Assumable Basement: Concrete Block; Partial; Partially Finished Construction Materials: Frame Construction Status: Previously Owned Existing Financing: Conventional Exterior: Wood Fencing: None Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air; Gravity Internet Options: Cable Laundry: In Basement Lock Box Type: Supra Parking Characteristics: Driveway - Shared Pool Description: None Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: Two Unit 1 Amenities: Cable; Washer/Dryer Hookup Unit 1 Appliances: Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Central Unit 1 Dining Room Description: Eat In Kitchen; Separate/Formal Dining Rm Unit 1 Family Room Characteristics: Lower Level Unit 2 Amenities: Cable Unit 2 Appliances: Range; Refrigerator Unit 2 Bath Description: Upper Level 3/4 Bath Unit 2 Cooling: Window Water: City Water/Connected

Contract Information

Off Market Date
2026-06-09
Contingency
None
Original List Price
149900
ListPrice
149900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
817
Street Name
Abbott
Street Suffix
Street
Postal City
Albert Lea
County
Freeborn
State
MN
Zip Code
56007
Complex/Dev/Subdivision
Parkers Add

Assessments

Assessment Balance
70
Assessment Installment
70
Tax With Assessments
1512

Basement

Foundation Dimensions
793
Concrete Block
Yes
Partial
Yes
Partially Finished
Yes

More Information

Building Information

Finished SqFt Above Ground
1532
Finished SqFt Below Ground
192

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
SEMR
Supra
Yes

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
24x22
Garage Square Feet
528
Driveway - Shared
Yes

Unit 1

Furnished?
No
Leased?
No
Level
Main Level
Unit Number
Yes
1/4 Baths
Yes
Finished SqFt
1105
Full Baths
Yes
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
2
Total Rooms
5

Unit 2

Furnished?
No
Leased?
No
Level
2nd Level
Unit Number
2
3/4 Baths
Yes
Finished SqFt
427
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
4

Unit Details

Total Units
2

Office/Member Info

Association
SEMR

Location, Tax and Other Information

Legal Description
PARKER'S ADDITION N 8 RDS LOT 15 & W 1/2 LOT 14 BLOCK 1-PARKERS ADDN
Listing City
Albert Lea
Map Page
999
Municipality
Albert Lea
School District
Albert Lea
School District Phone
507-379-4800
Zip Plus 4
1414
Property ID Number
341170210
Tax Year
2026
Tax Amount
1442
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
What a fantastic investment opportunity! This up-and-down duplex is ideally located just one block from the lake, offering beautiful lake views, and sits directly across the street from an elementary school—an unbeatable location! The main level features three spacious bedrooms, a full bathroom, a functional kitchen, a formal dining room, and a comfortable living area. You’ll also appreciate the partially finished basement—perfect for a workout space, hobby room, or additional storage. There’s plenty of room to spread out and make it your own. Upstairs, you’ll find a separate one-bedroom apartment complete with its own kitchen, living room, bedroom, and bathroom—ideal for rental income or guests. Additional highlights include a two-stall detached garage providing ample parking and storage. With a little work, this property could easily be converted back into a single-family home if desired. Whether you’re looking for a rental property, short-term income opportunity (VRBO/Airbnb), or a versatile home in a prime location, this one checks all the boxes. Priced to sell—don’t miss out on this opportunity!
Directions
Lakeview Blvd To Abbott. West Fountain St. North On summer Ave East on Abbott.

Accessible

None
Yes

Assumable Loan

Not Assumable
Yes

Construction Materials

Frame
Yes

Construction Status

Previously Owned
Yes

Existing Financing

Conventional
Yes

Exterior

Wood
Yes

Fencing

None
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes
Gravity
Yes

Internet Options

Cable
Yes

Laundry

In Basement
Yes

Pool Description

None
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Asphalt Shingles
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 Net Income
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0
Total Annual Expenses
0

No. of Ranges

Two
Yes

No. of Refrigerators

Two
Yes

Unit 1 Amenities

Cable
Yes
Washer/Dryer Hookup
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Cooling

Central
Yes

Unit 1 Dining Room Description

Eat In Kitchen
Yes
Separate/Formal Dining Rm
Yes

Unit 1 Family Room Characteristics

Lower Level
Yes

Unit 2 Amenities

Cable
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Bath Description

Upper Level 3/4 Bath
Yes

Unit 2 Cooling

Window
Yes
IDX
Listing Office: Unique Realty
Last Updated: June - 09 - 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.
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