411 Court St
























Description
• 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.
- Listed by HomeProz Real Estate
- Listed by HomeProz Real Estate
Property Details for 411 Court Street
Property Details for 411 Court Street
| Status | Pending |
|---|---|
| MLS # | 6765157 |
| Days on Compass | 131 |
| Taxes | $2,407 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Quadruplex |
| Year Built | 1915 |
| Lot Size | 0.14 AC / 5,967 SF |
| County | Freeborn County |
Location
Building Information for 411 Court Street
Payment Calculator
$1,078 per month
30 year fixed, 6.15% Interest
$877
$201
$0
Property Information for 411 Court Street
- 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
- 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
- High School District: 1141 - Albert Lea
- School District Number: 1141
- School District Phone: 5073794800
- 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
- Sewer: City Sewer - In Street
- Water Source: City Water - In Street
- Accessibility Features: None
- Foundation Area: 1184.0
- Fuel: Natural Gas
- Roof: Asphalt
- 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
- 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 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 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 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
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| 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 | — |
| Date | Event & Source | Price |
|---|---|---|
| 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
Schools near 411 Court Street
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
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.
























