1124 Phinney Avenue, Detroit Lakes, MN 56501
2 Beds | 3 Baths | 2,095 Sq Ft | Single Family Home | MLS# 7070089
Price Reduced — was $299,000 (↓ $30,000) · M Markdowns
$1,802/month Estimated
- Principal & interest
- $1,360
- Property taxes
- $238
- Home insurance (est.)
- $157
- Special assessments
- $47
- HOA dues
- None
20% down ($53,800) · 30-yr fixed, 6.5% · Can I afford this home?
Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.
50 earns the badge · a typical active home here scores ~8
The price here has already come down — the numbers point to real room to negotiate.
- 173 days on market — more than double the usual 75 days
- Price cut 10.0% (−$30,000)
- No negative signals found in the listing history
MMR track record: Offer-Ready homes closed a median 12% below their highest asking price — vs 3% for non-flagged reduced homes. MMR analysis of 79 vs 998 NorthstarMLS sales, updated monthly.
How the 0–100 Offer-Ready Score works →
Offer-Ready Score is a Modern Market REALTORS® calculation from NorthstarMLS listing data — not MLS-provided data.
Located in Holmes 1st Add, Detroit Lakes, MN.
About This Home
PHINNEY AVE offers comfort, character, and convenience in this well-maintained home located just minutes from the beach, park, and pickleball courts. The functional layout includes an eat-in kitchen, living/dining room combination, and a spacious family room features vaulted ceilings, exposed beams, and a beautiful stone wood-burning fireplace that creates a warm and inviting atmosphere. The family room opens to large 3-season porch—perfect for relaxing or entertaining. With 2 bedrooms, 3 bathrooms, and 2,868 sq ft, there is plenty of space to enjoy both everyday living and hosting guests. Recent improvements include two new decks, updated garage doors, a refreshed front porch, a new boiler, and roof repairs completed in 2022 and most recently, some cosmetic repairs. The drive through garage adds extra convenience and storage. If you’re looking for a home with timeless character, thoughtful updates, and a great location close to town amenities, this property is worth a look.
BuyPulse · Live market read
How 1124 Phinney Avenue Compares to the Detroit Lakes Market
At $128/sqft, this home is priced $102/sqft below the typical Detroit Lakes single-family home of $230/sqft.
The median list price in Detroit Lakes is $449,000.
Verdict: Excellent Value
Your negotiating position
80 Strong buyer leverage
Seller's market · Balanced · Buyer leverage
Day 173 — similar homes typically go under contract by day ~14. This one is past that window.
26 similar homes for sale — alternatives if they won't move.
This seller already cut $30,000 — the asking price has already moved.
Homes like this one — single-family homes between $202K and $336K in Detroit Lakes:
- The field: 26 similar Detroit Lakes homes for sale — you have options.
- Tempo: homes like this went pending in a median 14 days — 2 of the last 8 inside 4 days.
- Price cuts: 16 of 26 similar homes have trimmed asking — median trim $10,000. This one already cut $30,000.
Powered by the Realgorithm™ — real Detroit Lakes closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1948
- Garage
- 2-Car Attached
- Style
- Modified Two Story
- HOA
- None
- Annual Taxes
- $2,858 (2026)
- Specials/yr
- $562
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 2,010
- Below Grade Sq Ft
- 85
- Lot Size
- 10,950 sqft
- Basement
- Yes
- Roof
- Age 8 Years or Less, Asphalt
- Construction
- Frame
- County
- Becker
- List Date
- 2026-05-07
- Days on Market
- 173 days
- Parcel ID
- 491169000
Financial
- Total Tax incl. Assessments
- $3,420
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Baseboard, Boiler, Fireplace(s)
- Cooling
- Central Air
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
Interior Features
- Laundry
- In Hall
- Fireplace
- 2 fireplaces
Construction & Exterior
Construction & Structure
- Foundation Type
- Block, Slab
- Foundation Area
- 2,210 sqft
- Total Building Area
- 2,868 sqft
Exterior Features
- Exterior Features
- Vinyl
- Fenced Area
- Yes
- Other Structures
- Storage Shed
- Accessibility Features
- Solar Tube(s)
Parking & Garage
- Parking Features
- Attached Garage, Concrete, Insulated Garage
Lot & Land
- Lot Features
- Tree Coverage - Medium
- Road Surface
- City Street, Curbs, Paved Streets
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- eXp Realty
Price History
Reduced $30,000 (10.0%)
- Price reduced to $299,000 — Jun 17, 2026
- Price reduced to $269,000 — Aug 20, 2026
1124 Phinney Avenue is listed in Detroit Lakes, MN, part of Becker County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1124 Phinney Avenue
Associate Broker · Modern Market REALTORS®
Your Detroit Lakes real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by eXp Realty · 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# 7070089 · Updated August 20, 2026
Similar Homes for Sale Near 1124 Phinney Avenue, Detroit Lakes, MN
Frequently Asked Questions About 1124 Phinney Avenue
- Is $269,000 a good price for a home in Detroit Lakes?
- According to BuyPulse, 1124 Phinney Avenue rates Excellent Value — at $128/sqft it's priced 44% below the typical Detroit Lakes single-family home of $230/sqft. Its negotiating-position score is 80/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Detroit Lakes homes are closing versus list. Powered by the Realgorithm™. Browse Detroit Lakes homes for sale to compare.
- What are the special assessments at 1124 Phinney Avenue — and what do they mean?
- This property has $562/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $2,858/yr. Always factor both into your total monthly housing cost before making an offer.
What special assessments cost in Fargo-Moorhead — live figures on every home for sale.
- Does 1124 Phinney Avenue have a basement?
- Yes, 1124 Phinney Avenue has a basement with 85 sq ft of below-grade space.
- What type of heating and cooling does 1124 Phinney Avenue have?
- 1124 Phinney Avenue has Baseboard, Boiler, Fireplace(s) heating and Central Air cooling.
- Where is 1124 Phinney Avenue located?
- 1124 Phinney Avenue is in the Holmes neighborhood of Detroit Lakes, MN 56501, in Becker County.
- Is 1124 Phinney Avenue still available?
- Yes — 1124 Phinney Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1124 Phinney Avenue built?
- 1124 Phinney Avenue was built in 1948. It features frame construction and a block, slab foundation.
- How many homes like 1124 Phinney Avenue are for sale in Detroit Lakes?
- 26 similar homes (single-family homes between $202K and $336K in Detroit Lakes) are for sale right now — you have options.
- How fast do homes like 1124 Phinney Avenue sell in Detroit Lakes?
- Homes like this one (single-family homes between $202K and $336K in Detroit Lakes) went pending in a median 14 days over the last 90 days — 2 of the last 8 went under contract within 4 days.
- 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 Detroit Lakes area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/27/2026, 7:54 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.