Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $938 (2025).

Does this home have a garage?

Yes, this home has a 1-car garage.

How long has this property been on the market?

This property has been listed for 248 days.

Listed at

$29,900

$30/sqft

School Add

1405 W Clark Street, Albert Lea, MN, 56007

2 Bedrooms1 Bathroom992 Square Feet0.17 Acres

Days on market248

Year built1954

Garage spaces1

TypeResidential

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About this home

Investor or remodel opportunity. Two-bedroom, one-bath home situated on a spacious lot with excellent yard space. The property requires renovation, offering a great project for buyers looking to add value through remodeling. One level with an attached garage.

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Home facts

Property typeResidential

Property subtypeSingle Family Residence

Year built1954

LevelsOne

Living area992 sqft

Above-grade finished992 sqft

Below-grade finished0 sqft

Lot size0.17 acres (66x110)

Days on market248

ListedJan 23, 2026

MLS #NST7012211

CountyFreeborn

SubdivisionSchool Add

Parcel #340120560

Facts & features

Interior

Bedrooms: 2
Bathrooms: 1
Bath breakdown: 1 full
Heating: Forced Air
Cooling: Central Air
Basement: Block · 0 sqft finished

Property

Levels / stories: One
Garage: 1 space · 12x20 · 240 sqft
Parking features: Attached Garage
Lot size: 0.17 acres
Lot dimensions: 66x110
Accessibility: None

Construction

Property type: Residential
Property subtype: Single Family Residence
Foundation: 992 sqft
Year built: 1954

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas

Community & HOA

Subdivision: School Add
HOA: No HOA
School district: Albert Lea

Financial & listing details

Annual tax: $938 (2025)
Tax with assessments: 1006
Listed: Jan 23, 2026
Days on market: 248 · 7 cumulative
Lender owned: Yes
Manufactured home: Yes

Interior details

Total bathrooms1

Full baths1

3/4 baths0

Half baths0

1/4 baths0

BasementBlock

HeatingForced Air

CoolingCentral Air

AccessibilityNone

Exterior & lot

Foundation area992 sqft

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingAttached Garage

Garage spaces1

Garage size240 sqft

Financial details

Annual taxes$938

Tax year2025

Taxes w/ assessments1006

Assessment pendingNo

Lender ownedYes

Short saleNo

ForeclosureNo

Schools

District number1141

District phone5073794800

High schoolAlbert Lea

SODL flat fee brokerage

$0Estimated buyer credit

SODL platform fee $897Your buyer credit $0

Buyer-side commission

3.0%

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When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

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Estimated monthly payment

$245/mo

Principal & interest$157

Property taxes$78

Home insurance (est.)$10

Down payment

$5,980

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.