1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 1 of 60)

1408 Elm Street, Alexandria, MN 56308

4 Beds | 2 Baths | 1,426 Sq Ft | Single Family Home | MLS# 7102738

Price Reduced — was $279,000 (↓ $10,000) · M Markdowns

$269,000

Is 1408 Elm Street a Good Deal?

BuyPulse Verdict

Strong Value

At $189/sqft — This home is priced 10% below the typical Alexandria single-family home of $210/sqft.

Your Negotiating Position: 72 — Strong buyer leverage

Powered by the Realgorithm™ — 93 active Alexandria listings · NorthstarMLS

$1,697/month Estimated

Principal & interest
$1,360
Property taxes
$180
Home insurance (est.)
$157
HOA dues
None

20% down ($53,800) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Alexandria, MN Active

Located in Residence Park, Alexandria, MN.

About This Home

Welcome to this beautifully updated 4-bedroom, 2-bath home in one of Alexandria's most desirable locations—just steps from the popular Fillmore Park! Offering the perfect blend of comfort, convenience, and outdoor living, this home is ideal for families and anyone looking to enjoy everything the area has to offer. Inside, you'll find tasteful updates throughout, creating a move-in-ready space with plenty of room to spread out. Outside, the property features a fully fenced backyard and a large deck area, perfect for privacy, pets, play, and entertaining. A rare bonus is the two garages, including a spacious two-stall detached garage and an additional single-stall garage, providing ample space for vehicles, storage, or a workshop. Just outside your door, Fillmore Park offers something for everyone with its brand-new splash pad, fantastic playground, and youth baseball field. Plus, you're just minutes from schools, shopping, restaurants, lakes, and all the amenities Alexandria has to offer. Don't miss this opportunity to own a beautifully updated home in an unbeatable location!

BuyPulse™ — Live Market Read

Homes like this one — ramblers between $202K and $336K in Alexandria:

  • The field: 9 similar Alexandria homes for sale — a short list right now.
  • Tempo: homes like this went pending in a median 7 days — 6 of the last 17 inside 4 days.
  • Negotiation: 59% of the last 17 sales here closed at or over list — about half hold full price.

Powered by the Realgorithm™ — 17 real Alexandria closings, zero guesses · NorthstarMLS

Key Features

Property Type
Single Family
Year Built
1989
Above Grade
1,126 sq ft
Below Grade
300 sq ft
Lot Size
0.21 acres
Garage
3-car (Detached Garage)
Heating
Forced Air
Cooling
Central Air
Basement
Finished
Sewer
City Sewer/Connected
Water
City Water/Connected
Annual Taxes
$2,158
County
Douglas
Days on Market
58

1408 Elm Street is listed in Alexandria, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 1408 Elm Street

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 Central MN Realty LLC · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7102738 · Data refreshed July 31, 2026

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Frequently Asked Questions About 1408 Elm Street

Is $269,000 a good price for a home in Alexandria?
According to BuyPulse, 1408 Elm Street rates Strong Value — at $189/sqft it's priced 10% below the typical Alexandria single-family home of $210/sqft. Its negotiating-position score is 72/100 (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 1408 Elm Street have a basement?
Yes, 1408 Elm Street has a finished basement with 300 sq ft of below-grade space.
What type of heating and cooling does 1408 Elm Street have?
1408 Elm Street has Forced Air heating and Central Air cooling.
Where is 1408 Elm Street located?
1408 Elm Street is in the Residence Park neighborhood of Alexandria, MN 56308, in Douglas County.
Is 1408 Elm Street still available?
Yes — 1408 Elm Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 1408 Elm Street built?
1408 Elm Street was built in 1989. It features a block foundation.
How walkable is 1408 Elm Street?
1408 Elm Street has a Walk Score of 48/100 (Car-Dependent) and a Bike Score of 50/100 (Somewhat Bikeable). Scores provided by Walk Score® →
How many homes like 1408 Elm Street are for sale in Alexandria?
9 similar homes (ramblers between $202K and $336K in Alexandria) are for sale right now — a short list right now.
How fast do homes like 1408 Elm Street sell in Alexandria?
Homes like this one (ramblers between $202K and $336K in Alexandria) went pending in a median 7 days over the last 90 days — 6 of the last 17 went under contract within 4 days.
Do homes in Alexandria sell for asking price?
59% of the last 17 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.