308 Sherman Street, Detroit Lakes, MN 56501
3 Beds | 2 Baths | 1,152 Sq Ft | Single Family Home | MLS# 7107722
Price Drop on M Markdowns — was $259,000 (↓ $9,000)
Is 308 Sherman Street a Good Deal?
BuyPulse Verdict
Strong Value
At $217/sqft — This home is priced 6% below the typical Detroit Lakes single-family home of $232/sqft.
Your Negotiating Position
80 — Strong buyer leverage
Day 94 — Detroit Lakes homes overall typically go under contract by day ~20. This one is past that window.
23 similar homes for sale — alternatives if they won't move.
This seller already cut $9,000 — motivation showing.
Powered by the Realgorithm™ — 105 active Detroit Lakes listings · NorthstarMLS
$1,540/month Estimated
- Principal & interest
- $1,264
- Property taxes
- $130
- Home insurance (est.)
- $146
- HOA dues
- None
20% down ($50,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Holmes 4th Add, Detroit Lakes, MN.
About This Home
Years of ownership by the same family sets the tone for this well-cared-for home. The inviting 3 bedroom, 2 bath home holds charm and possibility. The cozy living room creates a warm, comfortable gathering space. The kitchen is full of character, with beautifully maintained original cupboards in exceptional condition and new flooring. Newer appliances remain with the property. Step outside to the updated deck overlooking the sizeable backyard perfect for entertaining, gardening, or simply relaxing. An alley way borders the back yard for easy access. The double lot makes in-town living feel spacious and provides room to grow. Garage sparkles with a new floor and garage doors to complete this well-maintained package. This home is ready to move in to, just add your touches and make it your own.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $188K and $313K in Detroit Lakes:
- The field: 23 similar Detroit Lakes homes for sale — you have options.
Powered by the Realgorithm™ — real Detroit Lakes closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1954
- Garage
- 2-Car Detached
- Style
- One and One Half
- HOA
- None
- Annual Taxes
- $1,564 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,152
- Lot Size
- 0.26 acres
- Basement
- Yes
- Roof
- Metal
- Construction
- Frame
- County
- Becker
- List Date
- 2026-07-10
- Days on Market
- 94 days
- Parcel ID
- 491415000
Financial
- Total Tax incl. Assessments
- $1,564
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Window Unit(s)
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Interior Features
- Laundry
- In Basement
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 768 sqft
- Total Building Area
- 1,920 sqft
Exterior Features
- Exterior Features
- Fiber Board
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage, Asphalt, Concrete
Lot & Land
- Lot Features
- Tree Coverage - Light
- Road Surface
- City Street
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Counselor Realty Detroit Lakes
Price History
Reduced $35,000 (12.3%)
- Price reduced to $285,000 — Jul 28, 2026
- Price reduced to $259,000 — Aug 12, 2026
- Price reduced to $250,000 — Sep 16, 2026
308 Sherman Street is listed in Detroit Lakes, MN, part of Becker County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 308 Sherman Street
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 Counselor Realty Detroit Lakes · 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# 7107722 · Data refreshed September 30, 2026
Similar Homes for Sale Near 308 Sherman Street, Detroit Lakes, MN
Frequently Asked Questions About 308 Sherman Street
- Is $250,000 a good price for a home in Detroit Lakes?
- According to BuyPulse, 308 Sherman Street rates Strong Value — at $217/sqft it's priced 6% below the typical Detroit Lakes single-family home of $232/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.
- Does 308 Sherman Street have a basement?
- Yes, 308 Sherman Street has a basement.
- What type of heating and cooling does 308 Sherman Street have?
- 308 Sherman Street has Forced Air heating and Window Unit(s) cooling.
- Where is 308 Sherman Street located?
- 308 Sherman Street is in the Holmes neighborhood of Detroit Lakes, MN 56501, in Becker County.
- Is 308 Sherman Street still available?
- Yes — 308 Sherman Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 308 Sherman Street built?
- 308 Sherman Street was built in 1954. It features frame construction, a metal roof, and a block foundation.
- Does 308 Sherman Street have main-floor laundry?
- No — the laundry at 308 Sherman Street is in the lower level.
- How walkable is 308 Sherman Street?
- 308 Sherman Street has a Walk Score of 71/100 (Very Walkable). Scores provided by Walk Score® →
- How many homes like 308 Sherman Street are for sale in Detroit Lakes?
- 23 similar homes (single-family homes between $188K and $313K in Detroit Lakes) are for sale right now — you have options.
- 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 10/13/2026, 1:17 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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