1205 N Nokomis, Alexandria, MN 56308
4 Beds | 2 Baths | 2,980 Sq Ft | Single Family Home | MLS# 7001988
M Markdowns — Price Reduced — was $355,000 (↓ $30,000)
Is 1205 N Nokomis a Good Deal?
BuyPulse Grade
Well Below Market
At $109/sqft — This home is priced 48% below the typical Alexandria single-family home of $211/sqft.
Powered by the Realgorithm™ — 103 active Alexandria listings · NorthstarMLS
$2,458/month Estimated
- Principal & interest
- $1,643
- Property taxes
- $625
- Home insurance (est.)
- $190
- HOA dues
- None
20% down ($65,000) · 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 ~7
This home has sat well past the local pace — time is working in a buyer's favor.
- 243 days on market — more than triple the usual 57 days
- Price cut 8.5% (−$30,000)
- No negative signals found in the listing history
MMR track record: Offer-Ready homes closed a median 11% below their highest asking price — vs 3% for non-flagged reduced homes. MMR analysis of 19 vs 429 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 $244K and $406K in Alexandria:
- The field: 29 similar Alexandria homes for sale — you have options.
- Tempo: homes like this went pending in a median 10 days — 10 of the last 30 inside 4 days.
- Negotiation: 67% of the last 51 sales here closed at or over list — Alexandria doesn't discount.
Powered by the Realgorithm™ — 51 real Alexandria closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1900
- Above Grade
- 2,980 sq ft
- Lot Size
- 1.04 acres
- Lot Features
- Tree Coverage - Medium
- Garage
- 4-car (Detached Garage, Asphalt, Multiple Garages, Parking Lot, Paved Lot)
- Heating
- Forced Air
- Cooling
- Central Air, Wall Unit(s)
- Basement
- Yes
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer, Water Softener Owned
- Sewer
- City Sewer/Connected
- Water
- Drilled
- Annual Taxes
- $7,494
- County
- Douglas
- Days on Market
- 243
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
Shannon Barnum
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 July 30, 2026
Similar Homes for Sale Near 1205 N Nokomis, Alexandria, MN
Frequently Asked Questions About 1205 N Nokomis
- Is $325,000 a good price for a home in Alexandria?
- At $109/sqft, this home is priced significantly below the typical Alexandria single-family home of $211/sqft (48% lower), according to our BuyPulse comparison of comparable active listings. 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?
- 29 similar homes (single-family homes between $244K and $406K 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 $244K and $406K in Alexandria) went pending in a median 10 days over the last 90 days — 10 of the last 30 went under contract within 4 days.
- Do homes in Alexandria sell for asking price?
- 67% of the last 51 comparable Alexandria sales closed at or over list price — Alexandria doesn't discount. 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.