2004 single family home for sale at 416 Central Street W in Detroit Lakes, MN — 4 bed, 2 bath (photo 1 of 27)

416 Central Street W, Detroit Lakes, MN 56501

Just Listed on M Premiere — listed September 8, 2026

4 Beds | 2 Baths | 1,664 Sq Ft | Single Family Home | MLS# 7140314

$219,900

Is 416 Central Street W a Good Deal?

BuyPulse Verdict

Excellent Value

At $132/sqft — This home is priced 43% below the typical Detroit Lakes single-family home of $230/sqft.

Your Negotiating Position

56 — Balanced market

Day 0 — Detroit Lakes homes overall typically go under contract by day ~22, so this one is early in its window.

33% of recent sales closed at or over asking — most sellers here negotiate.

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

Powered by the Realgorithm™ — 118 active Detroit Lakes listings · NorthstarMLS

$1,394/month Estimated

Principal & interest
$1,112
Property taxes
$154
Home insurance (est.)
$128
HOA dues
None

20% down ($43,980) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Detroit Lakes, MN Active

Located in Original Townsite/Detroit, Detroit Lakes, MN.

About This Home

Nice 4 Bedroom, 2 Bath home with a central location, Newer Double Stall Garage, Wheelchair Accessible, Close to Schools, Shopping and easy access to major Highways.

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $165K and $275K in Detroit Lakes:

  • The field: 20 similar Detroit Lakes homes for sale — you have options.
  • Negotiation: 33% of the last 15 sales here closed at or over list — there's room to negotiate.

Powered by the Realgorithm™ — 15 real Detroit Lakes closings, zero guesses · NorthstarMLS

Key Features

Property Type
Single Family
Year Built
2004
Above Grade
864 sq ft
Below Grade
800 sq ft
Lot Size
0.17 acres
Garage
2-car (Detached Garage)
Heating
Forced Air
Cooling
None
Basement
Yes
Appliances
Dryer, Range, Refrigerator, Washer
Sewer
City Sewer/Connected
Water
City Water/Connected
Annual Taxes
$1,852
County
Becker
Days on Market
0

416 Central Street W is listed in Detroit Lakes, MN, part of Becker County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 416 Central Street W

Shannon Barnum

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 HomeSmart Adventure Realty (DL) · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7140314 · Data refreshed September 9, 2026

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Frequently Asked Questions About 416 Central Street W

Is $219,900 a good price for a home in Detroit Lakes?
According to BuyPulse, 416 Central Street W rates Excellent Value — at $132/sqft it's priced 43% below the typical Detroit Lakes single-family home of $230/sqft. Its negotiating-position score is 56/100 (Balanced market), 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 416 Central Street W have a basement?
Yes, 416 Central Street W has a basement with 800 sq ft of below-grade space.
What type of heating and cooling does 416 Central Street W have?
416 Central Street W has Forced Air heating and None cooling.
Where is 416 Central Street W located?
416 Central Street W is in the Original Townsite/detroit neighborhood of Detroit Lakes, MN 56501, in Becker County.
Is 416 Central Street W still available?
Yes — 416 Central Street W is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 416 Central Street W built?
416 Central Street W was built in 2004. It features an architectural shingle roof and a wood foundation.
How many homes like 416 Central Street W are for sale in Detroit Lakes?
20 similar homes (single-family homes between $165K and $275K in Detroit Lakes) are for sale right now — you have options.
Do homes in Detroit Lakes sell for asking price?
33% of the last 15 comparable Detroit Lakes sales closed at or over list price — there's room to negotiate. Based on real NorthstarMLS closings, not estimates.
What does "M Premiere" mean?
M Premiere™ is Modern Market REALTORS®’ early-access tracker for homes entering NorthstarMLS during the critical first 96 hours on market. Well-priced homes in Fargo-Moorhead frequently receive their strongest buyer attention in that opening window. M Premiere surfaces new inventory the moment it lists — so buyers can act before a home becomes widely discovered.
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.