1221 Madison Avenue, Unit 215, Detroit Lakes, MN 56501
2 Beds | 1 Bath | 792 Sq Ft | Single Family Home | MLS# 7140931
$1,318/month Estimated
- Principal & interest
- $899
- Property taxes
- $91
- Home insurance (est.)
- $96
- Special assessments
- $7
- HOA dues
- $225/mo
20% down ($32,980) · 30-yr fixed, 7.24%
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Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.
Located in CORBETT NBHD, Detroit Lakes, MN.
About This Home
Clean, customized, and completely turn-key. This updated 2-bedroom, 1-bathroom condo offers true low-maintenance living at an affordable price. The highlight is the brand-new kitchen cabinets with functional flow and extra counterspace for prep and entertaining. Fresh finishes run throughout the entire space, featuring an efficient open layout, two comfortable bedrooms with ample closet storage, and a sharp, updated full bath. Ideally positioned close to the High School, parks, lake and so much more for everyday living in the heart of Detroit Lakes. Can also be used as a long term rental!
BuyPulse · Live market read
How 1221 Madison Avenue Compares to the Detroit Lakes Market
At $208/sqft, this home is priced $21/sqft below the typical Detroit Lakes single-family home of $229/sqft.
The median list price in Detroit Lakes is $439,900.
Verdict: Strong Value
Your negotiating position
68 Strong buyer leverage
Seller's market · Balanced · Buyer leverage
Day 57 — Detroit Lakes homes overall typically go under contract by day ~20. This one is past that window.
6 similar homes for sale — alternatives if they won't move.
Homes like this one — single-family homes between $124K and $206K in Detroit Lakes:
- The field: 6 similar Detroit Lakes homes for sale — a short list right now.
- Price cuts: 1 of 6 similar homes have trimmed asking. This one hasn't budged.
- Too few have sold recently to chart how fast they go or how they close — BuyPulse won't estimate those off a thin sample.
Powered by the Realgorithm™ — real Detroit Lakes closings, zero guesses · NorthstarMLS
Key Features
- Unit
- 215
- Built
- 1971
- Garage
- 1-Car Detached
- Style
- Two
- HOA
- $225/Monthly
- HOA Includes
- Gas, Maintenance Grounds, Snow Removal, Water
- Annual Taxes
- $1,087 (2026)
- Specials/yr
- $85
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 792
- Lot Size
- 0.06 acres
- Basement
- No
- County
- Becker
- List Date
- 2026-09-08
- Days on Market
- 57 days
- Parcel ID
- 491682105
Financial
- Total Tax incl. Assessments
- $1,172
- Specials Pending
- No
- HOA Name
- Kyle Fondrick
Home Systems & Utilities
- Heating
- Boiler
- Cooling
- Wall Unit(s)
- Water
- City Water/Connected
- Sewer
- City Sewer - In Street
Construction & Exterior
Construction & Structure
- Foundation Type
- Combination
- Foundation Area
- 2,642 sqft
- Total Building Area
- 792 sqft
Exterior Features
- Exterior Features
- Aluminum Siding, Brick Veneer
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage, Asphalt, Garage Door Opener
Lot & Land
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- REMAX Lakes Region
Price History
Listed at $164,900 on Sep 8, 2026 — No price changes
1221 Madison Avenue, Unit 215 is listed in Detroit Lakes, MN, part of Becker County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1221 Madison Avenue, Unit 215
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 REMAX Lakes Region · 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# 7140931 · Updated October 1, 2026
Similar Homes for Sale Near 1221 Madison Avenue, Detroit Lakes, MN
Frequently Asked Questions About 1221 Madison Avenue, Unit 215
- Is $164,900 a good price for a home in Detroit Lakes?
- According to BuyPulse, 1221 Madison Avenue rates Strong Value — at $208/sqft it's priced 9% below the typical Detroit Lakes single-family home of $229/sqft. Its negotiating-position score is 68/100 (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 1221 Madison Avenue — and what do they mean?
- This property has $85/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 $1,087/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 1221 Madison Avenue have an HOA?
- Yes, 1221 Madison Avenue has a homeowners association with dues of $225 monthly. HOA includes: Gas, Maintenance Grounds, Snow Removal, Water.
- What type of heating and cooling does 1221 Madison Avenue have?
- 1221 Madison Avenue has Boiler heating and Wall Unit(s) cooling.
- Where is 1221 Madison Avenue located?
- 1221 Madison Avenue is in the Corbett Nbhd neighborhood of Detroit Lakes, MN 56501, in Becker County.
- Is 1221 Madison Avenue still available?
- Yes — 1221 Madison Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1221 Madison Avenue built?
- 1221 Madison Avenue was built in 1971. It features a combination foundation.
- How many homes like 1221 Madison Avenue are for sale in Detroit Lakes?
- 6 similar homes (single-family homes between $124K and $206K in Detroit Lakes) 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 Detroit Lakes area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 11/04/2026, 10:29 AM CST. 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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