1890 single family home for sale at 308 W Douglas Avenue in Fergus Falls, MN — 3 bed, 2 bath (photo 1 of 13)

308 W Douglas Avenue, Fergus Falls, MN 56537

3 Beds | 2 Baths | 1,200 Sq Ft | Single Family Home | MLS# 7034876

Price Drop on M Markdowns — was $129,000 (↓ $2,000)

$127,000

Is 308 W Douglas Avenue a Good Deal?

BuyPulse Grade

Below Market

At $106/sqft — This home is priced 27% below the typical Fergus Falls single-family home of $146/sqft.

Powered by the Realgorithm™ — 58 active Fergus Falls listings · NorthstarMLS

$869/month Estimated

Principal & interest
$642
Property taxes
$153
Home insurance (est.)
$74
HOA dues
None

20% down ($25,400) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Fergus Falls, MN Active
Offer-Ready56/100Top 6% for leverage

50 earns the badge · a typical active home here scores ~8

This home has sat well past the local pace — time is working in a buyer's favor.

  • 167 days on market — more than triple the usual 49 days
  • Price cut 1.6% (−$2,000)
  • No negative signals found in the listing history

MMR track record: Offer-Ready homes closed a median 11% below their highest asking price — vs 3% for non-flagged reduced homes. MMR analysis of 19 vs 429 NorthstarMLS sales, updated monthly.

Offer-Ready Score is a Modern Market REALTORS® calculation from NorthstarMLS listing data — not MLS-provided data.

Located in Finkle & Whites Add, Fergus Falls, MN.

About This Home

Come stop by this incredible and affordable home! This home features a beautiful porch and fenced in yard. Step inside and make your way to your kitchen, dining room, living room, and full bathroom on the main level. All 3 bedrooms are upstairs, with a half bathroom. Schedule your showing today!

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $95K and $159K in Fergus Falls:

  • The field: 4 similar Fergus Falls homes for sale — a short list right now.

Powered by the Realgorithm™ — real Fergus Falls closings, zero guesses · NorthstarMLS

Key Features

Property Type
Single Family
Year Built
1890
Above Grade
1,200 sq ft
Lot Size
0.16 acres
Garage
2-car (Attached Garage)
Heating
Forced Air
Cooling
Window Unit(s)
Basement
Yes
Appliances
Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Sewer
City Sewer/Connected
Water
City Water/Connected
Annual Taxes
$1,836
County
Otter Tail
Days on Market
166

308 W Douglas Avenue is listed in Fergus Falls, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 308 W Douglas Avenue

Shannon Barnum

Associate Broker · Modern Market REALTORS®

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

Listed by REAL (1531 FGO) · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7034876 · Data refreshed August 12, 2026

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Frequently Asked Questions About 308 W Douglas Avenue

Is $127,000 a good price for a home in Fergus Falls?
At $106/sqft, this home is priced below the typical Fergus Falls single-family home of $146/sqft (27% lower), according to our BuyPulse comparison of comparable active listings. Browse Fergus Falls homes for sale to compare.
Does 308 W Douglas Avenue have a basement?
Yes, 308 W Douglas Avenue has a basement.
What type of heating and cooling does 308 W Douglas Avenue have?
308 W Douglas Avenue has Forced Air heating and Window Unit(s) cooling.
Where is 308 W Douglas Avenue located?
308 W Douglas Avenue is in the Finkle & Whites neighborhood of Fergus Falls, MN 56537, in Otter Tail County.
Is 308 W Douglas Avenue still available?
Yes — 308 W Douglas Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 308 W Douglas Avenue built?
308 W Douglas Avenue was built in 1890. It features a 8 ft+ pour foundation.
How many homes like 308 W Douglas Avenue are for sale in Fergus Falls?
4 similar homes (single-family homes between $95K and $159K in Fergus Falls) are for sale right now — a short list right now.
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 Fergus Falls area.