Is $225,000 a good price for a home in Aitkin?

According to BuyPulse, 40 2nd Avenue SE rates Excellent Value — at $88/sqft it's priced 59% below the typical Aitkin single-family home of $217/sqft. Its negotiating-position score is 44/100 (Seller-leaning market), weighed on days on market, comparable inventory, and how Aitkin homes are closing versus list. Powered by the Realgorithm™.

Does 40 2nd Avenue SE have a basement?

Yes, 40 2nd Avenue SE has a basement.

What type of heating and cooling does 40 2nd Avenue SE have?

40 2nd Avenue SE has Baseboard, Ductless Mini-Split, Hot Water heating and Ductless Mini-Split cooling.

Where is 40 2nd Avenue SE located?

40 2nd Avenue SE is in the Knoxs Irregular neighborhood of Aitkin, MN 56431, in Aitkin County.

Is 40 2nd Avenue SE still available?

Yes — 40 2nd Avenue SE is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.

When was 40 2nd Avenue SE built?

40 2nd Avenue SE was built in 1900. It features frame construction and a stone foundation.

How many homes like 40 2nd Avenue SE are for sale in Aitkin?

12 similar homes (single-family homes between $169K and $281K in Aitkin) are for sale right now — you have options.

What does "BuyPulse" mean?

BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.

What does "Realgorithm™" mean?

The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 1 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 2 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 3 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 4 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 5 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 6 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 7 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 8 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 9 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 10 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 11 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 12 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 13 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 14 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 15 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 16 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 17 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 18 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 19 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 20 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 21 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 22 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 23 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 24 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 25 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 26 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 27 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 28 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 29 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 30 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 31 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 32 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 33 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 34 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 35 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 36 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 37 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 38 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 39 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 40 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 41 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 42 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 43 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 44 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 45 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 46 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 47 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 48 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 49 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 50 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 51 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 52 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 53 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 54 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 55 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 56 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 57 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 58 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 59 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 60 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 61 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 62 of 63)

1900 single family home for sale at 40 2nd Avenue SE in Aitkin, MN — 5 bed, 2 bath (photo 63 of 63)

40 2nd Avenue SE, Aitkin, MN 56431

5 Beds | 2 Baths | 2,546 Sq Ft | Single Family Home | MLS# 7165724

$225,000

$1,608/month Estimated

Principal & interest: $1,227
Property taxes: $250
Home insurance (est.): $131
HOA dues: None

20% down ($45,000) · 30-yr fixed, 7.24%

Try our home affordability calculator

Estimates only; confirm before you offer.

Aitkin, MN Active

Located in Knoxs Irregular, Aitkin, MN.

About This Home

Two-Story Duplex situated on a spacious 1/2-acre lot within walking distance of downtown Aitkin amenities and the Ripple River, this well-maintained two-story duplex offers versatile living arrangements, generous storage, and convenient access to the surrounding community. The property is well suited for an investment opportunity, owner-occupied arrangement, or multi-generational living. The main-floor unit features three bedrooms and one bathroom with a newer walk-in shower. Additional highlights include spacious living and dining areas, a well-appointed kitchen with newer appliances and a breakfast nook, main-floor laundry, abundant storage, and a versatile 12 x 26-foot bonus room or office space. The upstairs unit offers two bedrooms, one bathroom, and dedicated laundry facilities, providing comfortable and functional living space. Outdoor amenities include a large deck overlooking the backyard and a 38 x 24-foot, three-stall detached garage. The garage provides ample room for vehicles, equipment, hobbies, and additional storage. Recent updates to the home include: a newer roof, hot water boiler, ductless mini-split system, leaf guard gutters, and a front door. Combining a convenient location, flexible floor plan, extensive storage, and several recent updates, this duplex presents an excellent opportunity!

BuyPulse · Live market read

How 40 2nd Avenue SE Compares to the Aitkin Market

At $88/sqft, this home is priced $129/sqft below the typical Aitkin single-family home of $217/sqft.

The median list price in Aitkin is $349,450.

Verdict: Excellent Value

Your negotiating position

44 Seller-leaning market

Seller's market · Balanced · Buyer leverage

Day 2 — Aitkin homes overall typically go under contract by day ~18, so this one is early in its window.

12 similar homes for sale — alternatives if they won't move.

Homes like this one — single-family homes between $169K and $281K in Aitkin:

The field: 12 similar Aitkin homes for sale — you have options.
Price cuts: 4 of 12 similar homes have trimmed asking — median trim $10,000. This one hasn't budged.
Too few have sold recently to chart how fast they go or how they close — BuyPulse won't estimate those off a thin sample.

Key Features

Built: 1900
Garage: 3-Car Detached
Style: Two
HOA: None
Annual Taxes: $3,004 (2026)

Property Details

Property Type: Single Family
Above Grade Sq Ft: 2,546
Lot Size: 0.551 acres
Basement: Yes
Roof: Age 8 Years or Less, Asphalt
Construction: Frame
County: Aitkin
List Date: 2026-11-02
Days on Market: 2 days
Parcel ID: 561119200

Financial

Total Tax incl. Assessments: $3,004

Home Systems & Utilities

Heating: Baseboard, Ductless Mini-Split, Hot Water
Cooling: Ductless Mini-Split
Electric: 100 Amp Service
Water: City Water/Connected
Sewer: City Sewer/Connected
Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer

Interior Features

Laundry: Electric Dryer Hookup, In Kitchen, Washer Hookup

Construction & Exterior

Construction & Structure

Foundation Type: Stone
Foundation Area: 1,452 sqft
Total Building Area: 3,328 sqft

Exterior Features

Exterior Features: Wood
Other Structures: Garage(s)
Accessibility Features: Grab Bars In Bathroom

Parking & Garage

Parking Features: Detached Garage, Gravel, Electric, Garage Door Opener

Lot & Land

Lot Features: Tree Coverage - Light
Road Surface: City Street, Paved Streets, Sidewalks
Zoning Description: Residential-Single Family

Agent & Office

List Office: Cummings Janzen Realty, Inc

Price History

Listed at $225,000 on Oct 28, 2026 — No price changes

40 2nd Avenue SE is listed in Aitkin, MN, part of Aitkin County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 40 2nd Avenue SE

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Aitkin real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

See all Aitkin homes ›

Listed by Cummings Janzen Realty, Inc · Shown by Modern Market REALTORS®

Schedule a Home Tour

First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.

View Full Listing & Photos

MLS# 7165724 · Updated November 2, 2026

Similar Homes for Sale Near 40 2nd Avenue SE, Aitkin, MN

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Frequently Asked Questions About 40 2nd Avenue SE

Is $225,000 a good price for a home in Aitkin?: According to BuyPulse, 40 2nd Avenue SE rates Excellent Value — at $88/sqft it's priced 59% below the typical Aitkin single-family home of $217/sqft. Its negotiating-position score is 44/100 (Seller-leaning market), weighed on days on market, comparable inventory, and how Aitkin homes are closing versus list. Powered by the Realgorithm™. Browse Aitkin homes for sale to compare.
Does 40 2nd Avenue SE have a basement?: Yes, 40 2nd Avenue SE has a basement.
What type of heating and cooling does 40 2nd Avenue SE have?: 40 2nd Avenue SE has Baseboard, Ductless Mini-Split, Hot Water heating and Ductless Mini-Split cooling.
Where is 40 2nd Avenue SE located?: 40 2nd Avenue SE is in the Knoxs Irregular neighborhood of Aitkin, MN 56431, in Aitkin County.
Is 40 2nd Avenue SE still available?: Yes — 40 2nd Avenue SE is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 40 2nd Avenue SE built?: 40 2nd Avenue SE was built in 1900. It features frame construction and a stone foundation.
How many homes like 40 2nd Avenue SE are for sale in Aitkin?: 12 similar homes (single-family homes between $169K and $281K in Aitkin) are for sale right now — you have options.
What does "BuyPulse" mean?: BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
What does "Realgorithm™" mean?: The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.

Local Companies to Help You Settle In

From inspection to closing to moving day, here are well-known local companies serving the Aitkin area.

Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/04/2026, 11:23 AM CST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.