505 8th Avenue E, Alexandria, MN 56308
3 Beds | 2 Baths | 1,005 Sq Ft | Single Family Home | MLS# 7117337
Price Drop on M Markdowns — was $219,923 (↓ $4,933)
Is 505 8th Avenue E a Good Deal?
BuyPulse Verdict
Fair Market Value
At $214/sqft — This home is priced right at the typical Alexandria single-family home of $207/sqft.
Your Negotiating Position
78 — Strong buyer leverage
Day 75 — similar homes typically go under contract by day ~17. This one is past that window.
38% of recent sales closed at or over asking — most sellers here negotiate.
10 similar homes for sale — alternatives if they won't move.
This seller already cut $4,933 — motivation showing.
Powered by the Realgorithm™ — 86 active Alexandria listings · NorthstarMLS
$1,342/month Estimated
- Principal & interest
- $1,087
- Property taxes
- $130
- Home insurance (est.)
- $125
- HOA dues
- None
20% down ($42,998) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Kilbourns Add, Alexandria, MN.
About This Home
Come check out this cute cozy starter home. It is adorned with mature trees and a big yard. A majestic old oak canopies the yard, as though it were watching over the home. Shading the front step, patio and yard. This cute as a button two story offers some charming features and updates. New flooring, updated ceiling, updated kitchen, and paint. It’s loaded with natural light and lots of windows, a main floor bedroom, walk-in closet and full bath. The upstairs offers two more bedrooms, a bathroom and laundry. If those updates aren’t enough, the home also comes with a newer furnace and water heater done in 2021, central AC in done in 2024, and an over sized two stall garage. Whether you’re looking to downsize, start out, or just simplify, this charming home is quite possibly a perfect option.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $161K and $269K in Alexandria:
- The field: 10 similar Alexandria homes for sale — you have options.
- Tempo: homes like this went pending in a median 17 days — 2 of the last 13 inside 4 days.
- Negotiation: 38% of the last 16 sales here closed at or over list — there's room to negotiate.
Powered by the Realgorithm™ — 16 real Alexandria closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1900
- Garage
- 3-Car Detached
- Style
- Two
- HOA
- None
- Annual Taxes
- $1,558 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,005
- Lot Size
- 0.309 acres
- Basement
- Yes
- Roof
- Age Over 8 Years
- Construction
- Frame
- County
- Douglas
- List Date
- 2026-09-30
- Days on Market
- 12 days
- Parcel ID
- 631415000
Financial
- Total Tax incl. Assessments
- $1,558
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Electric
- Circuit Breakers, 100 Amp Service
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Range, Refrigerator, Washer, Water Softener Owned
Interior Features
- Laundry
- Upper Level
Construction & Exterior
Construction & Structure
- Foundation Type
- Poured Concrete
- Foundation Area
- 754 sqft
- Total Building Area
- 1,239 sqft
Exterior Features
- Exterior Features
- Aluminum Siding
- Other Structures
- Garage(s)
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage, Gravel, Electric, Garage Door Opener
Lot & Land
- Lot Features
- Corner Lot
- Road Surface
- City Street
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Real Estate by Jo, LLC
Price History
Reduced $8,010 (3.6%)
- Price increased to $223,000 — Aug 3, 2026
- Price reduced to $219,923 — Aug 20, 2026
- Price reduced to $214,990 — Sep 9, 2026
505 8th Avenue E is listed in Alexandria, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 505 8th Avenue E
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 Real Estate by Jo, 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# 7117337 · Data refreshed September 30, 2026
Similar Homes for Sale Near 505 8th Avenue E, Alexandria, MN
- 12935 Miltona Bay Road NE, Unit 11 — $215,000 · 2 bed · 1 bath
- 1024 Bridgeport Lane NW — $225,000 · 2 bed · 2 bath
- 1018 8th Avenue E — $225,000 · 4 bed · 2 bath
- 1223 Bridgeport Lane NW — $199,900 · 2 bed · 2 bath
- 410 Quincy Street — $179,900 · 2 bed · 1 bath
- 521 5th Avenue E — $177,400 · 2 bed · 1 bath
Frequently Asked Questions About 505 8th Avenue E
- Is $214,990 a good price for a home in Alexandria?
- According to BuyPulse, 505 8th Avenue E rates Fair Market Value — at $214/sqft it's priced right at the typical Alexandria single-family home of $207/sqft. Its negotiating-position score is 78/100 (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 505 8th Avenue E have a basement?
- Yes, 505 8th Avenue E has a basement.
- What type of heating and cooling does 505 8th Avenue E have?
- 505 8th Avenue E has Forced Air heating and Central Air cooling.
- Where is 505 8th Avenue E located?
- 505 8th Avenue E is in the Kilbourns neighborhood of Alexandria, MN 56308, in Douglas County.
- Is 505 8th Avenue E still available?
- Yes — 505 8th Avenue E is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 505 8th Avenue E built?
- 505 8th Avenue E was built in 1900. It features frame construction and a poured concrete foundation.
- Does 505 8th Avenue E have main-floor laundry?
- No — the laundry at 505 8th Avenue E is on the upper level.
- How walkable is 505 8th Avenue E?
- 505 8th Avenue E has a Walk Score of 59/100 (Somewhat Walkable) and a Bike Score of 52/100 (Somewhat Bikeable). Scores provided by Walk Score® →
- How many homes like 505 8th Avenue E are for sale in Alexandria?
- 10 similar homes (single-family homes between $161K and $269K in Alexandria) are for sale right now — you have options.
- How fast do homes like 505 8th Avenue E sell in Alexandria?
- Homes like this one (single-family homes between $161K and $269K in Alexandria) went pending in a median 17 days over the last 90 days — 2 of the last 13 went under contract within 4 days.
- Do homes in Alexandria sell for asking price?
- 38% of the last 16 comparable Alexandria sales closed at or over list price — there's room to negotiate. 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, 12:00 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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