1407 State Highway 29 N, Alexandria, MN 56308
9 Beds | 4 Baths | 5,304 Sq Ft | Home | MLS# 7067521
Price Reduced — was $320,000 (↓ $45,000) · M Markdowns
Is 1407 State Highway 29 N a Good Deal?
BuyPulse Verdict
Excellent Value
At $52/sqft — This home is priced 75% below the Alexandria median of $212/sqft.
Powered by the Realgorithm™ — 125 active Alexandria listings · NorthstarMLS
$1,856/month Estimated
- Principal & interest
- $1,391
- Property taxes
- $301
- Home insurance (est.)
- $160
- Special assessments
- $4
- HOA dues
- None
20% down ($55,000) · 30-yr fixed, 6.5% · Can I afford this home?
Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.
About This Home
A unique redevelopment opportunity with excellent visibility and potential! This property has operated as a 4-unit apartment building for many years with very little vacancy. The owners have vacated all tenants and completed the interior demolition in preparation for renovation, giving the next owner a blank slate to finish the project. The City of Alexandria has expressed interest in having this property become commercially zoned, offering potential for a variety of business uses. Complete the demolition and build your business here! City water has been stubbed to the property, with the assessment already paid. A private well with a newer pump currently serves the property. The large, beautiful yard features mature trees, excellent visibility and exposure along Hwy 29, and a scenic stream flowing through the property between Lakes Geneva and Le Homme Dieu. Bring your vision and make this highly visible property your next business or investment opportunity! All offers must include an "As Is" Addendum.
Key Features
- Built
- 1954
- Style
- Two
- HOA
- None
- Annual Taxes
- $3,606 (2026)
- Specials/yr
- $44
Property Details
- Property Type
- Fourplex
- Above Grade Sq Ft
- 3,776
- Below Grade Sq Ft
- 1,528
- Lot Size
- 1.01 acres
- Basement
- Yes
- Roof
- Asphalt, Pitched, Unspecified Shingle
- Construction
- Frame
- County
- Douglas
- List Date
- 2026-09-14
- Days on Market
- 28 days
- Parcel ID
- 636302460
Financial
- Total Tax incl. Assessments
- $3,650
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Baseboard, Forced Air
- Electric
- Circuit Breakers
- Water
- Drilled, Private, Well
- Sewer
- City Sewer/Connected
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 1,528 sqft
- Total Building Area
- 5,304 sqft
Exterior Features
- Exterior Features
- Vinyl, Wood
- Pool
- Yes
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Gravel, Paved Lot
Lot & Land
- Road Surface
- Highway
- Zoning Description
- Residential-Multi-Family
Agent & Office
- List Office
- Century 21 First Realty, Inc.
Price History
- Price reduced to $275,000 — Oct 4, 2026
1407 State Highway 29 N is listed in Alexandria, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1407 State Highway 29 N
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# 7067521 · Data refreshed October 4, 2026
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Frequently Asked Questions About 1407 State Highway 29 N
- Is $275,000 a good price for a home in Alexandria?
- According to BuyPulse, 1407 State Highway 29 N rates Excellent Value — at $52/sqft it's priced 75% below the Alexandria median of $212/sqft. Powered by the Realgorithm™. Browse Alexandria homes for sale to compare.
- What are the special assessments at 1407 State Highway 29 N — and what do they mean?
- This property has $44/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $3,606/yr. Always factor both into your total monthly housing cost before making an offer.
What special assessments cost in Fargo-Moorhead — live figures on every home for sale.
- Does 1407 State Highway 29 N have a basement?
- Yes, 1407 State Highway 29 N has a finished basement with 1,528 sq ft of below-grade space.
- What type of heating and cooling does 1407 State Highway 29 N have?
- 1407 State Highway 29 N has Baseboard, Forced Air heating.
- Where is 1407 State Highway 29 N located?
- 1407 State Highway 29 N is in Alexandria, MN 56308, in Douglas County.
- Is 1407 State Highway 29 N still available?
- Yes — 1407 State Highway 29 N is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1407 State Highway 29 N built?
- 1407 State Highway 29 N was built in 1954. It features frame construction and a block foundation.
- How walkable is 1407 State Highway 29 N?
- 1407 State Highway 29 N has a Walk Score of 25/100 (Car-Dependent) and a Bike Score of 42/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- 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.
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 10/13/2026, 1:17 AM 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.
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