Freeborn County Homes under $350,000

Welcome to Freeborn County, Minnesota—a hidden gem in the heart of the North Star State! Nestled amidst rolling hills and serene lakes, Freeborn County boasts a charming small-town atmosphere with a rich history and vibrant community spirit. With its friendly residents and picturesque landscapes, this area is perfect for families, retirees, and anyone looking to embrace a tranquil lifestyle.

One of the most attractive features of Freeborn County is its affordability, particularly when it comes to real estate. Homes under $350,000 are plentiful, offering an array of options for prospective buyers. Whether you’re seeking a cozy starter home, a spacious family residence, or a quaint cottage near the water, you’ll find a variety of properties that fit your budget and lifestyle.

Imagine waking up in a charming home surrounded by nature, where you can enjoy outdoor activities like fishing, hiking, and biking. Freeborn County is home to several parks and recreational areas, making it easy to connect with nature and enjoy the great outdoors. Additionally, the county hosts a variety of community events and festivals throughout the year, fostering a strong sense of belonging among residents.

With its affordable housing market, welcoming community, and beautiful surroundings, Freeborn County presents an exceptional opportunity for homebuyers. Explore the diverse range of homes available under $350,000 and discover the perfect place to call your own in this delightful corner of Minnesota. Your dream home awaits in Freeborn County!

Newest Freeborn County Homes under $350,000

$57,000

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7156557 MLS ⋅ 1,123 SqFt.

Looking for your next investment property, rental, or fixer-upper to make your own? Here it is! Priced to sell! This two-bedroom, 1½-bath home offers newer windows and siding, along with plenty of potential. The main level features a bedroom, living room, eat-in kitchen, and a bonus room that would make a great home office or flex space. Upstairs, you’ll find another bedroom and a full bathroom. Step out back onto the deck overlooking a small pond area — a great spot to relax and enjoy the outdoors. Whether you’re looking to add another rental to your portfolio, find an affordable investment property, or purchase a home with potential to make it your own, this one is worth a look! Don’t wait — it won’t last long at this price. Get this one before it’s gone! Conveniently located within one block of beautiful downtown Albert Lea and just blocks from Albert Lea Lake and the Blazing Star Trail. Enjoy easy access to shopping, dining, parks, recreation, and all that downtown has to offer, with convenient interstate access just minutes away.

918 S Newton Avenue, Albert Lea

Listing courtesy of Unique Realty.

$169,900

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7155997 MLS ⋅ 1,299 SqFt.

This home offers a unique opportunity on a spacious 1/2 acre of lakeshore property overlooking the scenic Bancroft Bay on Fountain Lake. The living room features east-facing views of the bay, providing a tranquil backdrop for relaxation. With two bedrooms and two bathrooms, the layout accommodates comfortable living while presenting options for customization. Lower-level recreational area is spacious and has a walkout door to a spacious patio overlooking the large backyard and lake view. The property is situated in a great location, with nearby parks and walking trails, enhancing the outdoor experience and community engagement.

1918 Wilby Road, Albert Lea

Listing courtesy of Leland Realty.

$160,000

COMING SOON Status ⋅ 4 Beds ⋅ 1 Baths ⋅ 7155777 MLS ⋅ 1,440 SqFt.

Welcome to this spacious three-bedroom, two-bath home in Albert Lea, within walking distance of the lake and also offering generously sized rooms and plenty of space to spread out. The exterior has been freshly painted and is ready to take on the seasons, while the large two-car detached garage provides excellent room for vehicles, storage, hobbies, or whatever life throws your way. With its comfortable layout, oversized living spaces, and a price that makes sense in today’s market, this is a home worth putting on your list!

320 Vine Avenue, Albert Lea

Listing courtesy of Re/Max Advantage Plus.

$115,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7155870 MLS ⋅ 2,062 SqFt.

Unique 3-bedroom, 2 bath with a 2 stall detached garage and main floor laundry. Bring your tools and vision to this fixer upper packed with character. Original woodwork and floors can be beautiful again with a little bit of work. This property can be easily converted back to a duplex as a separate entrance is already in place. Schedule a showing today and see what some sweat equity can bring to this home. Property is being sold strictly AS-IS and is ready for your updates and personal touch. Cash or conventional financing only. Please note: This sale is subject to final probate court review and approval.

815 Frank Avenue, Albert Lea

Listing courtesy of Leland Realty.

$89,900

COMING SOON Status ⋅ 4 Beds ⋅ 1 Baths ⋅ 7155173 MLS ⋅ 900 SqFt.

Affordable living in the heart of Albert Lea! This well-maintained four-bedroom home offers a warm, welcoming atmosphere with a simple, functional layout that makes everyday living easy. Enjoy the comfort of a home that has been thoughtfully cared for, along with added peace of mind of a new roof and gutter system installed in 2026. Whether you're looking for room to grow, a place to put down roots, or an affordable opportunity to become a homeowner, this property is worth a look. The seller is relocating, creating a great opportunity for the next owner to make this home their own. Don't miss your chance to enjoy comfortable, affordable living in a convenient Albert Lea location!

825 W Clark Street, Albert Lea

Listing courtesy of Re/Max Advantage Plus.

$63,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7155319 MLS ⋅ 937 SqFt.

Investment opportunity knocks! Bring your tools and vision to transform this 2-bedroom home packed with potential. Step inside from the inviting front porch into the living room. The functional main floor layout features a main-floor bedroom alongside a kitchen equipped with main-floor laundry, conveniently situated next to a 3/4 bath. Upstairs, you’ll find a versatile den area with a closet—perfect for a home office, sitting room, or flex space—leading directly into the second bedroom. Outside offers convenient alley access to a single-stall detached garage. Due to condition, property is sold as-is; cash or conventional financing only. Don’t miss your chance to build sweat equity!

112 N 2nd Avenue, Albert Lea

Listing courtesy of Realty ONE Group Black Diamond.

$150,000

COMING SOON Status ⋅ 2 Beds ⋅ 3 Baths ⋅ 7154838 MLS ⋅ 2,376 SqFt.

Welcome to this charming 2-bedroom, 1-bathroom main-level rambler set on a spacious corner lot of nearly 0.3 acres! Featuring 1,188 sq ft of main-floor living, this home offers fantastic flexibility—the main-floor laundry can easily be relocated back to the full basement to convert the space into a 3-bedroom setup. Enjoy the seasons from the lovely 3-season breezeway porch, perfect for taking in the classic Minnesota views. Additional highlights include an attached 1-car garage, an extra outbuilding for your lawn tools and storage, updated 100-amp electrical wiring, and an included backup generator for added peace of mind.

301 Washington Avenue, Alden

Listing courtesy of eXp Realty.

$94,900

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7154528 MLS ⋅ 1,449 SqFt.

Affordable duplex investment opportunity at 214 W College St in Albert Lea. This cash-flowing property offers two separate units, providing rental income from both sides and an excellent opportunity to build or expand a rental portfolio. The property offers a practical layout, affordable price point, and established rental potential. Whether you're a first-time investor looking for an entry-level property or an experienced landlord adding another unit to your portfolio, this duplex offers the opportunity to generate income while building long-term equity. Conveniently located near local amenities, schools, shopping, and downtown Albert Lea. An affordable duplex with income-producing potential is hard to beat.

214 W College Street, Albert Lea

Listing courtesy of eXp Realty.

$225,000

ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7151608 MLS ⋅ 3,056 SqFt.

Come and take a closer look at this spacious home with tremendous amenities: a large beautiful lawn, outdoor spaces, and endless options for the use of the many rooms. This home features a main floor family room with a brick fireplace, a formal dining room, a large office with a walk-in closet could easily be an additional bedroom, two bedrooms upstairs each with it's own 2nd room, steel siding, a stamped patio and 3-season room for back yard enjoyment. Take your time walking through. There's a lot to take in.

1639 Massee Street, Albert Lea

Listing courtesy of Unique Realty.

$55,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7153700 MLS ⋅ 1,216 SqFt.

Welcome home to this beautiful 3-bedroom, 2-bathroom home in New Hills in Albert Lea, MN! This spacious home offers a comfortable layout with a large living room, a generously sized primary bedroom, and plenty of closet space throughout. The eat-in kitchen provides a great space for everyday meals and entertaining, while the additional bedrooms offer flexibility for family, guests, or a home office. With plenty of room to spread out and thoughtful features throughout, this home is a great opportunity for anyone looking for comfort and convenience in a welcoming community. Come take a look and see if this could be your next home!

2313 Doral Avenue, Albert Lea

Listing courtesy of Realty ONE Group Black Diamond.

$85,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7150533 MLS ⋅ 1,124 SqFt.

Charming investment opportunity! This 2-bedroom, 1-bathroom fixer upper sits on a large, spacious lot and features both a 1 stall garage and a convenient carport. Property is being sold strictly AS-IS and is ready for your updates and personal touch. Cash or conventional financing only. Please note: This sale is subject to final probate court review and approval.

905 Ulstad Avenue, Albert Lea

Listing courtesy of Leland Realty.

$184,900

ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7152170 MLS ⋅ 962 SqFt.

This three-bedroom one bathroom house is designed for functional living. The updated exterior features, including windows, siding and shingles, enhance the home's curb appeal and energy efficiency. The large, detached garage offers valuable storage and parking space, complementing the home's layout. The property is ideally located near parks and schools, making it convenient for daily activities. The basement presents an opportunity for customization, with potential to be finished for additional living space and a bedroom. The fenced backyard provides a secure area for outdoor enjoyment.

1314 Fairlane Terrace, Albert Lea

Listing courtesy of Leland Realty.

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