502 W Broadway Avenue, Elizabeth, MN 56533
3 Beds | 2 Baths | 1,402 Sq Ft | Single Family Home | MLS# 7142768
Price Drop on M Markdowns — was $274,900 (↓ $15,000)
Is 502 W Broadway Avenue a Good Deal?
BuyPulse Verdict
Fair Market Value
At $185/sqft — This home is priced right at the Elizabeth median of $185/sqft.
Powered by the Realgorithm™ — 1 active Elizabeth listings · NorthstarMLS
$1,586/month Estimated
- Principal & interest
- $1,314
- Property taxes
- $120
- Home insurance (est.)
- $152
- HOA dues
- None
20% down ($51,980) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Elizabeth City, Elizabeth, MN.
About This Home
Move in ready meets timeless character in this beautifully updated 3 bedroom, 2 bathroom home in Elizabeth. Thoughtfully refreshed from top to bottom, this home blends old world charm with the modern finishes buyers are looking for. Step inside to beautiful wood floors, original woodwork, and a cozy gas fireplace, then discover a brand new kitchen featuring quartz countertops, tiled backsplash, stainless steel appliances, new cabinetry, and a spacious pantry. The large front porch offers the perfect place to unwind, while the freshly painted basement provides incredible storage and potential for additional finished living space. Outside, an oversized triple lot gives you room to spread out, complete with a double stall garage and storage shed. Just a short walk to downtown and conveniently located near Hwy 59 and I-94, this is small town living with easy access to everywhere you need to go. Updated, charming, spacious, and ready for its next chapter. This one is ready to welcome you home.
3D Home Tour
Key Features
- Built
- 1920
- Garage
- 2-Car Detached
- Style
- Two
- HOA
- None
- Annual Taxes
- $1,438 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,402
- Lot Size
- 0.56 acres
- Basement
- Yes
- Roof
- Architectural Shingle
- Construction
- Frame
- County
- Otter Tail
- List Date
- 2026-09-11
- Days on Market
- 32 days
- Parcel ID
- 69000990019000
Financial
- Total Tax incl. Assessments
- $1,438
Home Systems & Utilities
- Heating
- Boiler, Fireplace(s), Hot Water
- Cooling
- Window Unit(s)
- Electric
- Circuit Breakers, 200+ Amp Service
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Fuel Tank - Owned, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Interior Features
- Laundry
- Lower Level, Laundry Room
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Other
- Foundation Area
- 703 sqft
- Total Building Area
- 2,105 sqft
Exterior Features
- Exterior Features
- Stone, Metal, Other
- Other Structures
- Garage(s), Storage Shed
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage, Driveway - Other Surface
Lot & Land
- Road Surface
- City Street
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Keller Williams Realty Professionals
Price History
- Price reduced to $259,900 — Sep 25, 2026
502 W Broadway Avenue is listed in Elizabeth, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 502 W Broadway Avenue
Associate Broker · Modern Market REALTORS®
Your Elizabeth real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Keller Williams Realty Professionals · 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# 7142768 · Data refreshed October 5, 2026
Frequently Asked Questions About 502 W Broadway Avenue
- Is $259,900 a good price for a home in Elizabeth?
- According to BuyPulse, 502 W Broadway Avenue rates Fair Market Value — at $185/sqft it's priced right at the Elizabeth median of $185/sqft. Powered by the Realgorithm™. Browse Elizabeth homes for sale to compare.
- Does 502 W Broadway Avenue have a basement?
- Yes, 502 W Broadway Avenue has a basement.
- What type of heating and cooling does 502 W Broadway Avenue have?
- 502 W Broadway Avenue has Boiler, Fireplace(s), Hot Water heating and Window Unit(s) cooling.
- Where is 502 W Broadway Avenue located?
- 502 W Broadway Avenue is in the Elizabeth City neighborhood of Elizabeth, MN 56533, in Otter Tail County.
- Is 502 W Broadway Avenue still available?
- Yes — 502 W Broadway Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 502 W Broadway Avenue built?
- 502 W Broadway Avenue was built in 1920. It features frame construction, an architectural shingle roof, and a other foundation.
- Does 502 W Broadway Avenue have main-floor laundry?
- No — the laundry at 502 W Broadway Avenue is in the lower level.
- How walkable is 502 W Broadway Avenue?
- 502 W Broadway Avenue has a Walk Score of 13/100 (Car-Dependent) and a Bike Score of 24/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- 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.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Elizabeth area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 7:59 PM 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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