





1506 Elm Street, Albert Lea, MN 56007 - MLS# 7128574
$275,000
Looking for a large lot with city amenities and a country feel? Welcome to 1506 Elm St. This 5-bedroom, 3-bath home has plenty of space inside and out. The main level features a large living room with a gas fireplace and a large window overlooking the front yard, a dining room, and a spacious kitchen with access to the deck. Upstairs you’ll find three bedrooms, including the primary bedroom with a private half bath, along with a full bathroom. The walkout lower level offers a family room, two additional bedrooms, and a 3/4 bath, with direct access to the backyard. The basement provides plenty of room for storage or the potential for additional finished space. Outside, the large backyard offers plenty of room to enjoy, along with a shed for additional storage. If you’re looking for some extra space while still being close to everything in town, this one is worth a look. Schedule your showing today!
Interior Information
Size & Levels
Bathrooms
Rooms
Main Level Rooms
Upper Level Rooms
Lower Level Rooms
Exterior & Parking
Lot & Utilities
Financial & Tax Information
Schools
Questions and Answers
How much is 1506 Elm Street?
1506 Elm Street in Albert Lea, MN, is listed at $275,000 as of Nov 11, 2026 ($106 per finished square foot, down from an original list price of $285,000 and 79 days on market).
What school district is 1506 Elm Street in?
The MLS lists the school district as Albert Lea (ISD 241). Confirm enrollment with the district.
What are the property taxes for 1506 Elm Street?
Property taxes are $3,326 for 2026, or $3,396 including special assessments. No special assessments are pending.
Does 1506 Elm Street have an HOA fee?
No. The listing shows no homeowners association fee.
How do I schedule a showing of 1506 Elm Street?
Call Pederson Realty anytime at 612-356-2121 to ask about this home, schedule a showing, or be connected to an agent. You can also contact the agent shown on this page or use the Tour in Person button. We can usually set up a showing within a day.






