1405 S Broadway Avenue

Albert Lea, MN
$ 84,900 Beds 2 Baths 1 Sq 1,102
Monthly Estimate* How much can I afford?

This solid 2-bedroom, 1-bath home is a fantastic blank canvas primed for your creative vision and personal updates! Boasting low-maintenance vinyl siding and vinyl windows, the exterior and structural elements offer a wonderful head start. Step inside through the charming, window-wrapped front porch—perfect for a sunroom or cozy entryway—into a functional main-floor layout. The inviting living room flows effortlessly into an informal dining area, offering a great footprint for daily living. While the interior is in need of a deep clean and cosmetic rejuvenation, it represents a remarkable opportunity for buyers looking to build instant equity. Complete with a detached single-stall garage, this diamond in the rough is priced to sell and ready for its next chapter! Please note: Due to the deferred maintenance on the garage, this property is being sold as-is and will require cash or conventional financing only.

Single Family

  • Price
  • $ 84,900
  • City
  • Albert Lea
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • FREEBORN
  • Half Bathrooms
  • 0
  • Area
  • Armstrongs Sub
  • Lot Size
  • 0.25 Acres
  • Zip
  • 56007
  • Sqr Footage
  • 1,102
  • Year Built
  • 1923
  • Taxes
  • $ 526
  • Style
  • Single Family
  • MLS#
  • 7110653
Listed By: Realty ONE Group Black Diamond
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1102
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Garage Spaces 1
Year Built 1923
Electric Circuit Breakers
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Freeborn
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Armstrongs Sub
Full Baths 1
Directions Heading South on Broadway go over the RR tracks on old S Broadway,house is on the left.
City Albert Lea
High School District Albert Lea
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 526
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Hardwood Floors,Kitchen Window,Porch
PostalCity Albert Lea

Interior Features

Basement Block,Unfinished
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1102
Laundry Features In Basement
Total Bedrooms 2
Total Baths 1
Bath Desc Main Floor Full Bath
Dining Room Description Informal Dining Room
Fuel Natural Gas
Garage Dimensions 12x18
Garage Square Feet 216

Exterior Features

Parking Features Detached Garage
Water Source City Water/Connected
Lot Size Area 0.25
Building Area Total 1918
Lot Dimensions 66x165
Waterfront Y/N No
Foundation Area 816
Road Frontage Type City Street
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/16/2026 Listed $119,900
7/24/2026 9% - $109,900
8/3/2026 5% - $104,900
8/13/2026 5% - $99,900
8/30/2026 6% - $94,900
9/16/2026 11% - $84,900

Property vs Zip Code Average in 56007

Price
AVG $290K
$80K
Taxes
AVG $3,278
$526
Year Built
AVG 1951
1923
Visits
AVG 101
24
Data Provided by Inside Real Estate®

1405 S Broadway Avenue Albert Lea, MN is a Single Family Home for sale at $84900 with 1102 sqft and a lot size of 0.25 Acres Acre(s). 1405 S Broadway Avenue Albert Lea has 2 bedrooms, 1 baths and was built in 1923. The property's zip code is 56007 which is in Albert Lea, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.