1205 N Nokomis, Alexandria, MN 56308
4 Beds | 2 Baths | 2,980 Sq Ft | Single Family Home | MLS# 7001988
M Markdowns — Price Reduced — was $325,000 (↓ $30,000)
Is 1205 N Nokomis a Good Deal?
BuyPulse Verdict
Excellent Value
At $99/sqft — This home is priced 52% below the typical Alexandria single-family home of $207/sqft.
Your Negotiating Position
76 — Strong buyer leverage
Day 294 — similar homes typically go under contract by day ~9. This one is past that window.
50% of recent sales closed at or over asking — about half hold full price.
19 similar homes for sale — alternatives if they won't move.
This seller already cut $30,000 — motivation showing.
Powered by the Realgorithm™ — 86 active Alexandria listings · NorthstarMLS
$2,289/month Estimated
- Principal & interest
- $1,492
- Property taxes
- $625
- Home insurance (est.)
- $172
- HOA dues
- None
20% down ($59,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
50 earns the badge · a typical active home here scores ~14
The price here has already come down — the numbers point to real room to negotiate.
- 295 days on market — more than triple the usual 60 days
- Price cut 9.2% (−$30,000)
- No negative signals found in the listing history
MMR track record: Offer-Ready homes closed a median 12% below their highest asking price — vs 3% for non-flagged reduced homes. MMR analysis of 79 vs 998 NorthstarMLS sales, updated monthly.
How the 0–100 Offer-Ready Score works →
Offer-Ready Score is a Modern Market REALTORS® calculation from NorthstarMLS listing data — not MLS-provided data.
Located in Aud Sub, Alexandria, MN.
About This Home
Prime Location on N Nokomis! High visibility and steady traffic make this 1-acre property an exceptional opportunity for both commercial and residential use. Located in the desirable B-1 General Business district, it offers outstanding market presence and a wide range of permitted uses. Ideal for retail, professional services, or customer-facing businesses, this property also features a solid 4-bedroom, 2-story single-family residence—perfect for owner occupancy, rental income, or conversion into office space. With approximately 3,000 sq. ft., the home is suitable for year-round use and includes over 1,200 sq. ft. on the main level, featuring a kitchen, dining room with fireplace, living room, porch, entry/laundry room, and a main-floor bath. The upper level offers four bedrooms and an additional bath. Two detached outbuildings, each approximately 24' x 40', provide excellent options for garage space, storage, or expanded business operations. Whether you're looking to establish your business, generate rental income, or utilize both, this versatile property in a highly sought-after location is worth a serious look. Explore the potential today!
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $221K and $369K in Alexandria:
- The field: 19 similar Alexandria homes for sale — you have options.
- Tempo: homes like this went pending in a median 9 days — 5 of the last 21 inside 4 days.
- Negotiation: 50% of the last 38 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 38 real Alexandria closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1900
- Garage
- 4-Car Detached
- Style
- Two
- HOA
- None
- Annual Taxes
- $7,494 (2025)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 2,980
- Lot Size
- 1.04 acres
- Basement
- Yes
- Roof
- Asphalt, Pitched
- Construction
- Frame
- County
- Douglas
- List Date
- 2025-12-22
- Days on Market
- 294 days
Financial
- Total Tax incl. Assessments
- $7,494
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air, Wall Unit(s)
- Electric
- Circuit Breakers
- Water
- Drilled
- Sewer
- City Sewer/Connected
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer, Water Softener Owned
Interior Features
- Laundry
- Electric Dryer Hookup, Main Level, In Unit, Washer Hookup
- Fireplace
- 2 fireplaces
Construction & Exterior
Construction & Structure
- Foundation Type
- Concrete Perimeter
- Foundation Area
- 1,233 sqft
- Total Building Area
- 3,288 sqft
Exterior Features
- Exterior Features
- Steel Siding
- Other Structures
- Garage(s)
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage, Asphalt, Multiple Garages, Parking Lot, Paved Lot
Lot & Land
- Lot Features
- Tree Coverage - Medium
- Road Surface
- City Street, Paved Streets
- Zoning Description
- Business/Commercial,Residential-Single Family
Agent & Office
- List Office
- Century 21 First Realty, Inc.
Price History
Reduced $60,000 (16.9%)
- Price reduced to $355,000 — May 13, 2026
- Price reduced to $325,000 — Jul 30, 2026
- Price reduced to $295,000 — Oct 1, 2026
1205 N Nokomis is listed in Alexandria, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1205 N Nokomis
Associate Broker · Modern Market REALTORS®
Your Alexandria real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Century 21 First Realty, Inc. · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7001988 · Data refreshed October 1, 2026
Similar Homes for Sale Near 1205 N Nokomis, Alexandria, MN
Frequently Asked Questions About 1205 N Nokomis
- Is $295,000 a good price for a home in Alexandria?
- According to BuyPulse, 1205 N Nokomis rates Excellent Value — at $99/sqft it's priced 52% below the typical Alexandria single-family home of $207/sqft. Its negotiating-position score is 76/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Alexandria homes are closing versus list. Powered by the Realgorithm™. Browse Alexandria homes for sale to compare.
- Does 1205 N Nokomis have a basement?
- Yes, 1205 N Nokomis has a basement.
- What type of heating and cooling does 1205 N Nokomis have?
- 1205 N Nokomis has Forced Air heating and Central Air, Wall Unit(s) cooling.
- Where is 1205 N Nokomis located?
- 1205 N Nokomis is in the Aud neighborhood of Alexandria, MN 56308, in Douglas County.
- Is 1205 N Nokomis still available?
- Yes — 1205 N Nokomis is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1205 N Nokomis built?
- 1205 N Nokomis was built in 1900. It features frame construction and a concrete perimeter foundation.
- Does 1205 N Nokomis have main-floor laundry?
- Yes — the laundry at 1205 N Nokomis is on the main level.
- How walkable is 1205 N Nokomis?
- 1205 N Nokomis has a Walk Score of 45/100 (Car-Dependent) and a Bike Score of 42/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 1205 N Nokomis are for sale in Alexandria?
- 19 similar homes (single-family homes between $221K and $369K in Alexandria) are for sale right now — you have options.
- How fast do homes like 1205 N Nokomis sell in Alexandria?
- Homes like this one (single-family homes between $221K and $369K in Alexandria) went pending in a median 9 days over the last 90 days — 5 of the last 21 went under contract within 4 days.
- Do homes in Alexandria sell for asking price?
- 50% of the last 38 comparable Alexandria sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
- What does "M Markdowns" mean?
- M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
- 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 Alexandria area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/12/2026, 9:23 PM CDT. 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.