5 bed 3 bath single family home for sale at 326 2nd Avenue E, Federal Dam MN MLS# 7082639 - Photo 1 of 35

326 2nd Avenue E, Federal Dam, MN 56641

5 Beds | 3 Baths | 1,496 Sq Ft | Single Family Home | MLS# 7082639

$209,000

Is 326 2nd Avenue E a Good Deal?

BuyPulse Grade

Well Below Market

At $140/sqft — This home is priced 65% below the Federal Dam median of $402/sqft.

Powered by the Realgorithm™ — 2 active Federal Dam listings · NorthstarMLS

$1,253/month Estimated

Principal & interest
$1,057
Property taxes
$67
Home insurance (est.)
$122
Special assessments
$7
HOA dues
None

20% down ($41,800) · 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.

Federal Dam, MN Active

Located in Original Plat, Federal Dam, MN.

About This Home

This solid 5 bed 3 bath home lies in the beautiful Chippewa National Forest and just blocks from Federal Dam Recreation Area. It sits on 1/2 acre and comes with a 1320sf pole building and a metal shipping container for extra storage. This home has received a new basement and extensive remodeling. The great room is so comfy you may not want to leave! The large deck is great for entertaining and the home features a main floor primary bedroom and main floor laundry. The loft holds 2 bedrooms and a 1/2 bath. The basement was rebuilt but has not been fully finished. It holds 2 more bedrooms, living space, a 3/4 bath area and more storage. The outdoor space is wonderful too ~ complete with a fenced in area, clothes lines, expansive lawn and a gorgeous flowering crab tree. Walk to the dam to picnic or camp or swim or launch your boat for fishing. I was lucky enough to see an otter playing there the other day and I can't resist adding a few photos of that happy animal! Set up your showing today!

Key Features

Property Type
Single Family
Year Built
1985
Above Grade
1,496 sq ft
Lot Size
0.60 acres
Heating
Other
Cooling
None
Basement
Yes
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Sewer
City Sewer/Connected
Water
Well
Annual Taxes
$808
Special Assessments
$86
County
Cass
Days on Market
79

326 2nd Avenue E is listed in Federal Dam, MN, part of Cass County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 326 2nd Avenue E

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Federal Dam real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

Listed by Lake-N-Woods Realty · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7082639 · Data refreshed July 29, 2026

Frequently Asked Questions About 326 2nd Avenue E

Is $209,000 a good price for a home in Federal Dam?
At $140/sqft, this home is priced significantly below the Federal Dam median of $402/sqft (65% lower), according to our BuyPulse comparison of comparable active listings. Browse Federal Dam homes for sale to compare.
What are the special assessments at 326 2nd Avenue E — and what do they mean?
This property has $86/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 $808/yr. Always factor both into your total monthly housing cost before making an offer.
Does 326 2nd Avenue E have a basement?
Yes, 326 2nd Avenue E has a basement.
What type of heating and cooling does 326 2nd Avenue E have?
326 2nd Avenue E has Other heating and None cooling.
Where is 326 2nd Avenue E located?
326 2nd Avenue E is in the Original Plat neighborhood of Federal Dam, MN 56641, in Cass County.
Is 326 2nd Avenue E still available?
Yes — 326 2nd Avenue E is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 326 2nd Avenue E built?
326 2nd Avenue E was built in 1985. It features frame construction and a slab, wood foundation.
Does 326 2nd Avenue E have main-floor laundry?
Yes — the laundry at 326 2nd Avenue E is on the main level.

Local Companies to Help You Settle In

From inspection to closing to moving day, here are well-known local companies serving the Federal Dam area.