721 Cedar Street, Alexandria, MN 56308
3 Beds | 3 Baths | 4,240 Sq Ft | Single Family Home | MLS# 7088528
Price Drop on M Markdowns — was $400,000 (↓ $5,000)
Is 721 Cedar Street a Good Deal?
BuyPulse Verdict
Excellent Value
At $93/sqft — This home is priced 56% below the typical Alexandria single-family home of $210/sqft.
Your Negotiating Position: 70 — Strong buyer leverage
Powered by the Realgorithm™ — 93 active Alexandria listings · NorthstarMLS
$2,540/month Estimated
- Principal & interest
- $1,997
- Property taxes
- $313
- Home insurance (est.)
- $230
- HOA dues
- None
20% down ($79,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Original Alexandria, Alexandria, MN.
About This Home
Welcome home to the Historic West side of Alexandria. This Craftsman Bungalow style has a large screened in porch into the open living room and formal dining room. The kitchen has been recently updated with a walk out to the deck. This one and one-half story has a field stone or lake boulder porch base, porch columns, and exterior chimney; unique curved rafters that support the eaves; two gables and unique cement window sills. The home was built in 1915 and is listed in the historical registry. The private fenced in yard is ideal for a family with a dog. Other features include the open living spaces, gas fireplace, claw foot tub, beautiful woodwork, and wood floors. Main floor also has a bedroom, library/den and a 3/4 bath. Upstairs features a large owner's suite with built in wardrobe cabinets, shelves, fireplace, a secret storage room, a large bathroom, and another bedroom. Updates include a new bathroom remodel in the basement, new water softener in 2025, new water heater in 2024, and steel gutters. There is ample living space in the basement, An updated boiler, insulation, and steel siding make this home energy efficient. Set up your showing today.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $296K and $494K in Alexandria:
- The field: 23 similar Alexandria homes for sale — you have options.
- Tempo: homes like this went pending in a median 9 days — 8 of the last 26 inside 4 days.
- Negotiation: 63% of the last 54 sales here closed at or over list — Alexandria doesn't discount.
Powered by the Realgorithm™ — 54 real Alexandria closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1915
- Above Grade
- 2,860 sq ft
- Below Grade
- 1,380 sq ft
- Lot Size
- 0.41 acres
- Lot Features
- Corner Lot, Tree Coverage - Medium
- Garage
- 2-car (Detached Garage)
- Heating
- Boiler, Fireplace(s), Radiant
- Cooling
- Ductless Mini-Split
- Basement
- Yes
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Sewer
- City Sewer/Connected
- Water
- City Water - In Street
- Annual Taxes
- $3,756
- County
- Douglas
- Days on Market
- 78
721 Cedar Street is listed in Alexandria, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 721 Cedar 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 LPT 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# 7088528 · Data refreshed August 20, 2026
Similar Homes for Sale Near 721 Cedar Street, Alexandria, MN
Frequently Asked Questions About 721 Cedar Street
- Is $395,000 a good price for a home in Alexandria?
- According to BuyPulse, 721 Cedar Street rates Excellent Value — at $93/sqft it's priced 56% below the typical Alexandria single-family home of $210/sqft. Its negotiating-position score is 70/100 (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 721 Cedar Street have a basement?
- Yes, 721 Cedar Street has a basement with 1,380 sq ft of below-grade space.
- What type of heating and cooling does 721 Cedar Street have?
- 721 Cedar Street has Boiler, Fireplace(s), Radiant heating and Ductless Mini-Split cooling.
- Where is 721 Cedar Street located?
- 721 Cedar Street is in the Original Alexandria neighborhood of Alexandria, MN 56308, in Douglas County.
- Is 721 Cedar Street still available?
- Yes — 721 Cedar Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 721 Cedar Street built?
- 721 Cedar Street was built in 1915. It features an asphalt roof and a block foundation.
- Does 721 Cedar Street have main-floor laundry?
- No — the laundry at 721 Cedar Street is in the lower level.
- How many homes like 721 Cedar Street are for sale in Alexandria?
- 23 similar homes (single-family homes between $296K and $494K in Alexandria) are for sale right now — you have options.
- How fast do homes like 721 Cedar Street sell in Alexandria?
- Homes like this one (single-family homes between $296K and $494K in Alexandria) went pending in a median 9 days over the last 90 days — 8 of the last 26 went under contract within 4 days.
- Do homes in Alexandria sell for asking price?
- 63% of the last 54 comparable Alexandria sales closed at or over list price — Alexandria doesn't discount. 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.