510 Main St
Albert Lea, MN 56007
4 bd 2 ba 2,840 sqft Built 1884 Lot 5,619 sqft multi_family
Most recent sale
$185,000
Dec 20, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 23, 2025 | Listed for rent | $1,100 | RentalBeast |
| Aug 7, 2025 | Price changed | $209,000 | NorthstarMLS |
| Jun 27, 2025 | Listed | $214,000 | NorthstarMLS |
| Jan 18, 2023 | Listed for rent | $1,100 | Zumper |
| Dec 27, 2022 | Price changed for rent | $1,150 | Zumper |
| Dec 21, 2022 | Listed for rent | $1,100 | Zumper |
| Dec 20, 2021 | Sold | $185,000 | MLS #6132196 |
| Dec 2, 2021 | Listed | $165,000 | MLS #6132196 |
| Mar 7, 2019 | Listing removed | $184,500 | NorthstarMLS |
| Aug 31, 2015 | Sold | $31,500 | Public Record |
| Jan 1, 2015 | Sold | $31,500 | Public Record |
| May 16, 2014 | Sold | $31,500 | Public Record |
| May 25, 2012 | Sold | $55,000 | MLS #4011164 |
| May 14, 2012 | Relisted | $49,000 | MLS #4011164 |
| Dec 31, 2011 | Listing removed | $89,000 | Southeastminnesota |
| Oct 14, 2011 | Price changed | $89,000 | MLS #4011164 |
| Sep 9, 2011 | Price changed | $99,900 | MLS #4011164 |
| Jun 10, 2011 | Listing removed | $129,900 | NorthstarMLS |
| May 26, 2011 | Listing removed | $184,500 | Southeastminnesota |
| Apr 9, 2011 | Price changed | $129,900 | MLS #4011164 |
| Jul 18, 2009 | Listed | $129,900 | MLS #3813940 |
| Apr 21, 2009 | Listed | $149,900 | MLS #4011164 |
| Apr 2, 2007 | Listed | $184,500 | MLS #2928595 |
| Apr 8, 2005 | Sold | $26,000 | Public Record |
| Dec 16, 1996 | Sold | $26,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $166,100 | $11,800 | $177,900 | $3,460 |
| 2023 | $135,600 | $11,800 | $147,400 | $2,804 |
| 2022 | $93,400 | $11,800 | $105,200 | $2,358 |
| 2021 | $84,100 | $11,800 | $95,900 | $2,180 |
| 2020 | $89,600 | $10,100 | $99,700 | $2,252 |
| 2019 | $74,000 | $8,400 | $82,400 | $1,840 |
| 2018 | $74,000 | $8,400 | $82,400 | $1,854 |
| 2017 | $25,400 | $8,400 | $33,800 | $600 |
| 2016 | $39,200 | $8,400 | $47,600 | $800 |
| 2015 | $25,157 | $5,043 | $30,200 | $536 |
| 2014 | $26,957 | $5,043 | $32,000 | $574 |
| 2013 | $26,854 | $5,046 | $31,900 | $638 |
| 2012 | $44,700 | $7,100 | $51,800 | $1,708 |
| 2011 | $47,000 | $7,500 | $54,500 | $1,644 |
| 2009 | $47,000 | — | $55,300 | $1,598 |
| 2007 | $42,700 | $7,500 | $50,200 | $1,306 |
Property facts
Year built
1884
Property type
multi_family
Stories
—
Beds
4
Baths
2
Living area
2,840 sqft
Lot size
5,619 sqft
ZIP code
56007
City
Albert Lea
Street
Main St
Coordinates
43.64829, -93.37429
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,110
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 510 Main St last sell?
510 Main St most recently sold on Dec 20, 2021 for $185,000.
What is the current tax assessment for 510 Main St?
The most recent total assessment for 510 Main St (year 2025) is $177,900 with $3,460 in property tax.
How does 510 Main St's assessment compare to its last sale price?
The current assessment is 3.8% below the last sale price of $185,000.
When was 510 Main St built?
510 Main St was built in 1884.
How does 510 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 510 Main St?
510 Main St is a 4 bed, 2 bath, 2,840 sqft, 5,619 sqft lot multi_family.
Is 510 Main St a flip candidate?
No — 510 Main St does not appear in our flips dataset.
Is 510 Main St a tax-appeal candidate?
No — 510 Main St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.0%
Implied 1-yr
+11.9%
2026 Q3
$243.6K
2026 Q4
$249.7K
ZIP 56007 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Main St