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507 Hills Lane

Albert Lea, MN 56007

– beds
– baths
1,692 sqft
$147 per sqft
1976 build
– on site

What a great investment!!! With a good cash flow!!! Also owner could live in one half and rent out the other side for extra income. Both units feature a full basement, with an attached garage and deck.(decks were refaced with new lumber ! new garage doors, and storm doors.) Newer flooring in both units. Both units have 2 bedrooms , bath , kitchen , and living room on the main floor. (Appliances are included).(Attached garages) West unit has been completely updated, with new flooring, paint, bathroom , along with the kitchen!! (New appliances in this unit).. This unit will not disappoint. All this located on almost a half of an acre lot . ( Extra Large lot with room to build)You could build that 30x36 garage you always wanted?? (Just check with the city).. Priced to sell !!!

Listing courtesy of NORTHSTAR / Joshua Harmdierks / Unique Realty

Last checked: Checking… • Last updated Feb 11, 2025 •

MLS# 6645385 —

The Building

Year Built:

1976
New Construction:

false
Age Of Property:

49
Construction Materials:

Wood Siding
Construction Materials Desc:

Frame
Roof:

Asphalt
Accessibility Features:

None
Levels:

One
Main Level Finished Area:

1692.0000
Basement:

Block, Full, Sump Pump, Unfinished
Basement:

true
Foundation Area:

1692
Foundation Dimensions:

1692
Building Area Total:

3384
Above Grade Finished Area:

1692

Room Dimensions

Living Area:

1692

Location

Directions:

North on Bridge to West on Hills Ln. Property is on the corner of Rowe Ln and Hills Ln.
Latitude:

43.6767365043
Longitude:

-93.3617820539

The Property

Parcel Number:

342630010
Zoning Description:

Residential-Multi-Family
Property Type:

Residential Income
Property Subtype:

Duplex Side by Side
Additional Parcels:

false
Lot Features:

Corner Lot
Lot Size Area:

0.47
Lot Size Dimensions:

135x150
Lot Size Units:

Acres
Topography:

Level
Road Frontage Type:

City Street
Road Responsibility:

Public Maintained Road
Fencing:

None
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

3206
Tax With Assessments:

3338.0000

Heating & Cooling

Heating:

Forced Air

Utilities

Electric:

Circuit Breakers, 100 Amp Service
Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Two

Schools

High School District:

Albert Lea

The Community

Assessment Pending:

No

Parking

Parking Features:

Attached Garage
Garage Spaces:

2
Garage Door Height:

7
Garage Door Width:

9
Garage Dimensions:

22x22
Garage SqFt:

484

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Max Internet Speed

Metronet

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
1/22/25 Jan 22, 2025	Listed / Active	NORTHSTAR	$249,900	176.3% (25.0% / YR)
1/5/18 Jan 5, 2018		NORTHSTAR	$90,437

Multifamily For Sale

$249,900

Listing provided by broker:

Joshua Harmdierks

Unique Realty

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This multifamily located in Albert Lea, MN 56007 is currently for sale for $249,900. 507 Hills Lane is a 1,692 square foot multifamily with – beds and – baths that has been on Estately for 30 days. This multifamily is in the attendance area of Albert Lea Senior High School, Southwest Middle School, and Lakeview Elementary School.

Listing Courtesy of: NORTHSTAR and Unique Realty.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing 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 information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. 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.