411 Court St

4
Baths
2,322 Sq. Ft.
$78 / Sq. Ft.
2,322
Sq. Ft.
$78
per Sq. Ft.

Description

Fantastic 4-Plex Investment Opportunity! This well-maintained 4-unit property is a rare find for both seasoned investors and owner-occupants alike. Live in one apartment and let the rental income cover your mortgage, or simply enjoy steady cash flow from a fully rented building with long-term tenants. Property Highlights:
• Solid investment with established tenants and consistent rental history
• Roof less than 10 years old, cedar siding, and newer landscaping
• Ample off-street parking, two decks,
...Fantastic 4-Plex Investment Opportunity! This well-maintained 4-unit property is a rare find for both seasoned investors and owner-occupants alike. Live in one apartment and let the rental income cover your mortgage, or simply enjoy steady cash flow from a fully rented building with long-term tenants. Property Highlights:
• Solid investment with established tenants and consistent rental history
• Roof less than 10 years old, cedar siding, and newer landscaping
• Ample off-street parking, two decks, and attractive curb appeal
• Located in a revitalized neighborhood with continued growth potential
Financials:
• Estimated Rental Income: $2,325/month ($27,900/year)
• Estimated Expenses: $925/month ($11,100/year)
• Net Income Potential: $1,400/month ($16,800/year)
Current Units & Tenants:
• Apt 1: $475/month – Upstairs Efficiency – 13-year tenant
• Apt 2: $575/month – Upstairs 1 Bed/1 Bath – 1-year tenant
• Apt 3: $575/month – Main 1 Bed/1 Bath – 4-year tenant
• Apt 4: $700/month – Main 1 Bed/1 Bath – currently owner-occupied
Apartment Features:
• All units include window A/C and appliances
• Utilities (electric, gas, water, garbage, satellite) included in rent
• Basement with sump pump, water heater, and furnace
Owner’s Apartment (Apt 4):
Beautifully updated 1 bed/1 bath unit featuring:
• Kitchen with pantry, stainless steel fridge, range, and dishwasher
• Stackable washer/dryer hookups
• Enclosed dog door with access to large outdoor kennel
• Spacious dining & living areas, full bath with tub/shower
• Gorgeous original woodwork, front & back entrances, and private deck
• A must-see home full of character! Additional Details:
• Buyer to pay closing costs

Don’t miss this opportunity to own a strong income-producing property with long-term stability and the option for owner occupancy.
  1. Listed by HomeProz Real Estate
  2. Listed by HomeProz Real Estate

Property Details for 411 Court Street

Subdivision Name
Morins Add
LISTING UPDATED: 12/30/2025 07:35 AM

Property Details for 411 Court Street

StatusPending
MLS #6765157
Days on Compass131
Taxes$2,407 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1915
Lot Size0.14 AC / 5,967 SF
CountyFreeborn County

Location

Listing Courtesy of HomeProz Real Estate
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Building Information for 411 Court Street

Stories-Residences4Year Built1915Building Size-Lot Size0.14 AC / 5,967 SF

Payment Calculator

$1,078 per month

30 year fixed, 6.15% Interest

Principal and Interest

$877

Property Taxes

$201

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 411 Court Street

Summary
Location and General Information
  • City Name: Albert Lea
  • County Or Parish: Freeborn
  • County: Freeborn-MN
  • Directions: Heading West on E Main Street, Turn south on Euclid, then East on Court Street. Property on Right side
  • Latitude: 43.645722
  • Longitude: -93.372925
  • Map Coordinate: 999-A1
  • City and Location: Albert Lea
  • City and Location Text: Albert Lea(MN)
  • Postal Code: 56007
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 340070530
  • Tax Annual Amount: $2,407.00
  • Tax Legal Description: MORIN'S ADDITION LOT-029 BLOCK-002 LOT 29 BLK 2 MORINS ADDITION
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 2832
School Information
  • High School District: 1141 - Albert Lea
  • School District Number: 1141
  • School District Phone: 5073794800
Property
Lot Information
  • Above Grade Fin SQFT: 2322.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 2322.0
  • Living Area Units: Square Feet
  • Lot Size Area: 0.137
  • Lot Size Dimensions: 50x120
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • SQFT Main Total: 1113
  • Above Grade SqFt Total: 2322
  • Below Grade SqFt Total: 1184
Utilities
  • Sewer: City Sewer - In Street
  • Water Source: City Water - In Street
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 1184.0
  • Fuel: Natural Gas
  • Roof: Asphalt
Interior Features
  • Basement Type: Block, Owner Access, Storage Space, Sump Basket, Sump Pump, Unfinished, Walkout
  • Bathrooms Total Count: 4
  • Bedrooms Total: 3
  • DP Resource: Yes
  • Heating: Forced Air
  • Levels: Two
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Appl: Refrigerator
  • Unit Bath Full: 1
  • Unit Cool System: Window
  • Unit Rooms Total: 1
  • Unit SqFt: 216
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Units Total: 1
  • Unit Is Leased: Y
  • Unit Level: 2nd Level
  • Unit Type Total Rent: 475
  • Unit Furnished: Unfurnished
Unit 2
  • Unit Appl: Range, Refrigerator
  • Unit Bath Full: 1
  • Unit Rooms Total: 4
  • Unit SqFt: 420
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Unit Is Leased: Y
  • Unit Level: 2nd Level
  • Unit Type Total Rent: 575
  • Unit Furnished: Unfurnished
Unit 3
  • Unit Appl: Range, Refrigerator
  • Unit Bath Full: 1
  • Unit Rooms Total: 4
  • Unit SqFt: 524
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Unit Is Leased: Y
  • Unit Level: Main Level
  • Unit Type Total Rent: 575
  • Unit Furnished: Unfurnished
Unit 4
  • Unit Appl: Dishwasher, Range, Refrigerator
  • Unit Bath Full: 1
  • Unit Cool System: Window
  • Unit Rooms Total: 5
  • Unit SqFt: 595
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Unit Is Leased: N
  • Unit Level: Main Level
  • Unit Type Total Rent: 700
  • Unit Furnished: Unfurnished

Property History for 411 Court Street

DateEvent & SourcePriceAppreciation
Dec 30, 2025

Pending

NorthStar #6765157

Nov 19, 2025

Price Change

NorthStar #6765157

$180,000
Oct 6, 2025

Price Change

NorthStar #6765157

$189,900
Aug 21, 2025

Listed (Active)

NorthStar #6765157

DateEvent & SourcePrice
12/30/2025

Pending

NorthStar #6765157

11/19/2025

Price Change

NorthStar #6765157

$180,000
10/06/2025

Price Change

NorthStar #6765157

$189,900
08/21/2025

Listed (Active)

NorthStar #6765157

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 411 Court Street

Taxable ValueLand$14,600Additions$173,100Total$187,700
Tax Record2024$2,832 ($236 / month)
Home Facts
Total Finished SqFt2,322 SqFtAbove Grade Finished SqFt2,322 SqFtStories2StyleQuadraplexYear Built1915CountyFREEBORNAPN34.007.0530

Schools near 411 Court Street

This home is within Albert Lea Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 7
Public - 8 to 12
Public - 4 to 5
Rating
School
Distance
Lakeview Elementary School
PublicK to 5

Southwest Middle School
Public6 to 7

Albert Lea Senior High School
Public8 to 12

Albert LEA Elementary Online
Public4 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of HomeProz Real Estate

Based on information submitted to the MLS GRID as of 12/30/2025 07:35 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.