1503 Nokomis Street — Townhouse, Alexandria, MN 56308
2 Beds | 2 Baths | 1,306 Sq Ft | Townhouse | MLS# 7146075
Is 1503 Nokomis Street a Good Deal?
BuyPulse Verdict
Fair Market Value
At $253/sqft — This home is priced right at the typical Alexandria new-construction townhome of $253/sqft.
New construction in Alexandria runs about 25% above comparable resale homes (~$203/sqft).
Your Negotiating Position
42 — Seller-leaning market
Day 4 — Alexandria homes overall typically go under contract by day ~17, so this one is early in its window.
6 similar homes for sale — alternatives if they won't move.
New build — builders rarely cut price. Your leverage is upgrades, rate buydowns, and closing costs.
Powered by the Realgorithm™ — 8 active Alexandria listings · NorthstarMLS
$2,412/month Estimated
- Principal & interest
- $1,668
- Property taxes (est.)
- $302
- Home insurance (est.)
- $192
- HOA dues
- $250/mo
20% down ($65,980) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
New Construction
Located in Nokomis Twnhms, Alexandria, MN.
About This Home
NEW CONSTRUCTION + AFFORDABLE HOMEOWNERSHIP! Don’t miss this opportunity to own a brand-new 2-bedroom, 1½-bath townhome featuring an inviting open floor plan, city water and sewer, and a 2-stall attached garage. Enjoy easy living with lawn care, snow removal and garbage included in the association dues. Plus, with available secondary financing, there is an opportunity for qualified buyers to have a loan amount on this property as low as $282,900, subject to buyer qualification and lender approval. Close to downtown, shopping and schools, this could be the opportunity you’ve been waiting for to make homeownership a reality! All buyers must meet applicable income guidelines.
BuyPulse™ — Live Market Read
Homes like this one — townhomes between $247K and $412K in Alexandria:
- The field: 6 similar Alexandria homes for sale — a short list right now.
Powered by the Realgorithm™ — real Alexandria closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- (TH) Side x Side
- Year Built
- 2025
- Above Grade
- 1,306 sq ft
- Lot Size
- 1.79 acres
- Lot Features
- Tree Coverage - Light
- Garage
- 2-car attached (Attached Garage, Asphalt, Garage Door Opener)
- Heating
- Forced Air
- Cooling
- Central Air
- Appliances
- Air-To-Air Exchanger, Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- HOA
- $250/Monthly (includes Lawn Care, Sanitation, Snow Removal)
- County
- Douglas
- Days on Market
- 4
1503 Nokomis Street is listed in Alexandria, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1503 Nokomis Street
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®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7146075 · Data refreshed September 22, 2026
Similar Homes for Sale Near 1503 Nokomis Street, Alexandria, MN
Frequently Asked Questions About 1503 Nokomis Street
- Is $329,900 a good price for a home in Alexandria?
- According to BuyPulse, 1503 Nokomis Street rates Fair Market Value — at $253/sqft it's priced right at the typical Alexandria new-construction townhome of $253/sqft. New construction in Alexandria runs about 25% above comparable resale homes (~$203/sqft). Its negotiating-position score is 42/100 (Seller-leaning market), 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 1503 Nokomis Street have an HOA?
- Yes, 1503 Nokomis Street has a homeowners association with dues of $250 monthly. HOA includes: Lawn Care, Sanitation, Snow Removal.
- What type of heating and cooling does 1503 Nokomis Street have?
- 1503 Nokomis Street has Forced Air heating and Central Air cooling.
- Where is 1503 Nokomis Street located?
- 1503 Nokomis Street is in the Nokomis Twnhms neighborhood of Alexandria, MN 56308, in Douglas County.
- Is 1503 Nokomis Street still available?
- Yes — 1503 Nokomis Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1503 Nokomis Street built?
- 1503 Nokomis Street was built in 2025. It features frame construction and a slab foundation.
- Does 1503 Nokomis Street have main-floor laundry?
- Yes — the laundry at 1503 Nokomis Street is on the main level.
- How many homes like 1503 Nokomis Street are for sale in Alexandria?
- 6 similar homes (townhomes between $247K and $412K in Alexandria) are for sale right now — a short list right now.
- 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.