Lake Add
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About this home
Whether you're searching for your first home or a great investment opportunity, this affordable 3-bedroom, 1-bath home offers the perfect combination of value, comfort, and move-in-ready updates. Step inside to discover a bright, refreshed interior featuring all new flooring and fresh paint throughout the main level, creating a clean, modern feel from the moment you walk in. The functional layout offers comfortable living spaces, three well-sized bedrooms, and a full bath designed for everyday living. Outside, you'll appreciate the low-maintenance vinyl siding, providing lasting durability and attractive curb appeal. With its affordable price point, thoughtful updates, and opportunity to make it your own, this home is one you won't want to miss. Schedule your showing today and see all it has to offer!
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Home facts
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 1
- Bath breakdown
- 1 full
- Heating
- Forced Air
- Cooling
- Central Air
- Appliances
- Dishwasher, Dryer, Range, Refrigerator, Washer
Property
- Levels / stories
- Two
- Parking features
- Gravel
- Exterior features
- Vinyl
- Lot size
- 0.1 acres
- Lot dimensions
- 132x33
- Accessibility
- None
Construction
- Property type
- Residential
- Property subtype
- Single Family
- Foundation
- Block · 616 sqft
- Year built
- 1923
Utilities
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Fuel
- Natural Gas
Community & HOA
- Subdivision
- Lake Add
- HOA
- No HOA
- School district
- 241 - Albert Lea
- High school district
- Albert Lea
Financial & listing details
- Annual tax
- $746 (2025)
- Tax with assessments
- 814
- Listed
- Jul 31, 2026
- Days on market
- 60
- Manufactured home
- Yes
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
How SODL buyer credits work
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.
- Tour homes with SODL’s flexible showing network
- Submit offers and manage your transaction through the platform
- Keep more money at closing through transparent flat-fee pricing
A clear, modern way to buy with expert guidance and meaningful savings.
Estimated monthly payment
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.
Location
518 E 5th Street, Albert Lea, MN, 56007
Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
