Is $264,900 a good price for a home in Alexandria?

According to BuyPulse, 1408 Elm Street rates Strong Value — at $186/sqft it's priced 11% below the typical Alexandria single-family home of $208/sqft. Its negotiating-position score is 80/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Alexandria homes are closing versus list. Powered by the Realgorithm™.

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).

How many homes like 1408 Elm Street are for sale in Alexandria?

5 similar homes (ramblers between $199K and $331K 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 $199K and $331K in Alexandria) went pending in a median 9 days over the last 90 days — 4 of the last 12 went under contract within 4 days.

Do homes in Alexandria sell for asking price?

43% of the last 23 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.

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

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

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 3 of 60)

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

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 5 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 6 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 7 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 8 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 9 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 10 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 11 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 12 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 13 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 14 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 15 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 16 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 17 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 18 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 19 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 20 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 21 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 22 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 23 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 24 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 25 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 26 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 27 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 28 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 29 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 30 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 31 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 32 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 33 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 34 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 35 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 36 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 37 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 38 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 39 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 40 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 41 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 42 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 43 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 44 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 45 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 46 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 47 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 48 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 49 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 50 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 51 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 52 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 53 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 54 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 55 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 56 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 57 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 58 of 60)

1989 single family home for sale at 1408 Elm Street in Alexandria, MN — 4 bed, 2 bath (photo 59 of 60)

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

1408 Elm Street, Alexandria, MN 56308

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

Price Reduced — was $269,000 (↓ $4,100) · M Markdowns

$264,900

Is 1408 Elm Street a Good Deal?

BuyPulse Verdict

Strong Value

At $186/sqft — This home is priced 11% below the typical Alexandria single-family home of $208/sqft.

Your Negotiating Position

80 — Strong buyer leverage

Day 103 — similar homes typically go under contract by day ~9. This one is past that window.

43% of recent sales closed at or over asking — about half hold full price.

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

This seller already cut $4,100 — motivation showing.

$1,674/month Estimated

Principal & interest: $1,339
Property taxes: $180
Home insurance (est.): $155
HOA dues: None

20% down ($52,980) · 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 $199K and $331K in Alexandria:

The field: 5 similar Alexandria homes for sale — a short list right now.
Tempo: homes like this went pending in a median 9 days — 4 of the last 12 inside 4 days.
Negotiation: 43% of the last 23 sales here closed at or over list — about half hold full price.

Key Features

Built: 1989
Garage: 3-Car Detached
Style: One
HOA: None
Annual Taxes: $2,158 (2026)

Property Details

Property Type: Single Family
Above Grade Sq Ft: 1,126
Below Grade Sq Ft: 300
Lot Size: 0.206 acres
Basement: Yes
County: Douglas
List Date: 2026-07-01
Days on Market: 103 days
Parcel ID: 632196000

Financial

Total Tax incl. Assessments: $2,158

Home Systems & Utilities

Heating: Forced Air
Cooling: Central Air
Water: City Water/Connected
Sewer: City Sewer/Connected

Construction & Exterior

Construction & Structure

Foundation Type: Block
Foundation Area: 550 sqft
Total Building Area: 1,676 sqft

Exterior Features

Exterior Features: Metal
Accessibility Features: None

Parking & Garage

Parking Features: Detached Garage

Lot & Land

Zoning Description: Residential-Single Family

Agent & Office

List Office: Central MN Realty LLC

Price History

Reduced $4,100 (1.5%)

Price reduced to $269,000 — Jul 31, 2026
Price reduced to $264,900 — Sep 12, 2026

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.

See all Alexandria homes ›

Listed by Central MN Realty LLC · 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# 7102738 · Data refreshed September 12, 2026

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Frequently Asked Questions About 1408 Elm Street

Is $264,900 a good price for a home in Alexandria?: According to BuyPulse, 1408 Elm Street rates Strong Value — at $186/sqft it's priced 11% below the typical Alexandria single-family home of $208/sqft. Its negotiating-position score is 80/100 (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?: 5 similar homes (ramblers between $199K and $331K 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 $199K and $331K in Alexandria) went pending in a median 9 days over the last 90 days — 4 of the last 12 went under contract within 4 days.
Do homes in Alexandria sell for asking price?: 43% of the last 23 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 10/13/2026, 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.

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.