1920 single family home for sale at 521 5th Avenue E in Alexandria, MN — 2 bed, 1 bath (photo 1 of 17)

521 5th Avenue E, Alexandria, MN 56308

2 Beds | 1 Bath | 765 Sq Ft | Single Family Home | MLS# 7114442

Price Drop on M Markdowns — was $179,900 (↓ $2,500)

$177,400

Is 521 5th Avenue E a Good Deal?

BuyPulse Verdict

Premium Pricing

At $232/sqft — This home is priced 12% above the typical Alexandria single-family home of $208/sqft.

Your Negotiating Position

84 — Strong buyer leverage

Day 83 — Alexandria homes overall typically go under contract by day ~11. This one is past that window.

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

This seller already cut $2,500 — motivation showing.

Powered by the Realgorithm™ — 85 active Alexandria listings · NorthstarMLS

$1,115/month Estimated

Principal & interest
$897
Property taxes
$115
Home insurance (est.)
$103
HOA dues
None

20% down ($35,480) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Alexandria, MN Active

Located in Hicks 4th Add, Alexandria, MN.

About This Home

Corner lot charmer! This two bedroom plus office is so bright and inviting. Perfect for first time buyers or as an investment property. Brand new roof in 2025! Nestled in on a corner lot that is walking distance to everything! Don't miss out on this great opportunity for affordable living.

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $133K and $222K in Alexandria:

  • The field: 5 similar Alexandria homes for sale — a short list right now.

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

Key Features

Built
1920
Garage
1-Car Attached
Style
One
HOA
None
Annual Taxes
$1,384 (2025)

Property Details

Property Type
Single Family
Above Grade Sq Ft
765
Lot Size
0.147 acres
Basement
Yes
County
Douglas
List Date
2026-07-22
Days on Market
83 days
Parcel ID
631928000

Financial

Total Tax incl. Assessments
$1,384

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
765 sqft
Total Building Area
1,530 sqft

Exterior Features

Exterior Features
Vinyl
Accessibility Features
None

Parking & Garage

Parking Features
Attached Garage

Lot & Land

Zoning Description
Residential-Single Family

Agent & Office

List Office
ALO Realty Advisors

Price History

Reduced $2,500 (1.4%)

  • Price reduced to $179,900 — Sep 23, 2026
  • Price reduced to $177,400 — Oct 8, 2026

521 5th Avenue E is listed in Alexandria, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 521 5th Avenue E

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 ALO Realty Advisors · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7114442 · Data refreshed October 8, 2026

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Frequently Asked Questions About 521 5th Avenue E

Is $177,400 a good price for a home in Alexandria?
According to BuyPulse, 521 5th Avenue E rates Premium Pricing — at $232/sqft it's priced 12% above the typical Alexandria single-family home of $208/sqft. Its negotiating-position score is 84/100 (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 521 5th Avenue E have a basement?
Yes, 521 5th Avenue E has a basement.
What type of heating and cooling does 521 5th Avenue E have?
521 5th Avenue E has Forced Air heating and Central Air cooling.
Where is 521 5th Avenue E located?
521 5th Avenue E is in the Hicks neighborhood of Alexandria, MN 56308, in Douglas County.
Is 521 5th Avenue E still available?
Yes — 521 5th 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 521 5th Avenue E built?
521 5th Avenue E was built in 1920. It features a block foundation.
How walkable is 521 5th Avenue E?
521 5th Avenue E has a Walk Score of 65/100 (Somewhat Walkable) and a Bike Score of 74/100 (Very Bikeable). Scores provided by Walk Score® →
How many homes like 521 5th Avenue E are for sale in Alexandria?
5 similar homes (single-family homes between $133K and $222K in Alexandria) are for sale right now — a short list right now.
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.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2026, 11:24 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.