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407 E 3rd St , Albert Lea, MN 56007

$167,000

4
beds
2
baths
1,599
sqft
1893
year built

Located at 407 East 3rd Street in Albert Lea, Minnesota, this house has four bedrooms and two full bathrooms. The property has 1,599 square feet of living area and sits on a 0.226-acre lot. The four-bedroom layout includes two full bathrooms within the home. The address places the property on East 3rd Street in Albert Lea, MN. The stated living area is 1,599 square feet, and the stated lot size is 0.226 acres. This property is a house with four bedrooms and two full bathrooms on East 3rd Street.

Highlights

  • Residential
  • Single Family Residence
  • Built in 1893
  • 0.23 Acre Lot
  • 2 Car Garage
  • 9 days on Market

  • Bedrooms
    4
  • Bathrooms
    2
  • Year Built
    1893
  • Stories
    2.0
  • Construction Materials
    Other
  • Foundation
    Block
  • Garage Spaces
    2.0
  • Living Area
    1599.0
  • Pool Features
    None
  • Cooling
    Central Air
  • Heating
    Forced Air, Natural Gas
  • Basement
    Full, Unfinished, Block

  • Acres
    0.23
  • Water
    Public

  • County
    Freeborn
  • City
    Albert Lea
  • Neighborhood
    Halls Add
  • Zip Code
    56007

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Frequently Asked Questions

How do I schedule a tour of 407 E 3rd St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 407 E 3rd St.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 407 E 3rd St?

Click Ask a Question to talk with our team. You already know it is a 4 bed, 2 bath, listed for $167,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Albert Lea, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 407 E 3rd St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 407 E 3rd St at around $1,113. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 407 E 3rd St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Freeborn County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 407 E 3rd St?

In most cases, yes. Whether 407 E 3rd St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Albert Lea's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 407 E 3rd St?

We can handle that for you. Our preferred local agent specializes in residentials in Albert Lea and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $167,000 with 1,599 sqft of space—that comes out to approximately $104 per square foot.

How long has this property been on the market?

407 E 3rd St was listed on November 02, 2026, which means it's been on the market for 9 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1893, making it approximately 133 years old.

What is the lot size of this property?

407 E 3rd St sits on a 0.23-acre lot, which is 10,019 square feet.

What are the property taxes for 407 E 3rd St?

The most recent public record shows annual property taxes for 407 E 3rd St were approximately $1,950. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 407 E 3rd St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 11, 2026 at 09:24AM. 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.

Last Updated: November 11, 2026 at 09:24AM | Source: NorthstarMLS | MLS#: 7168346

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