326 W Gustavus Avenue, Fergus Falls, MN 56537
3 Beds | 2 Baths | 1,623 Sq Ft | Single Family Home | MLS# 7073136
M Markdowns — Price Reduced — was $247,400 (↓ $3,400)
Is 326 W Gustavus Avenue a Good Deal?
BuyPulse Grade
At Market
At $150/sqft — This home is priced right at the typical Fergus Falls single-family home of $146/sqft.
Powered by the Realgorithm™ — 58 active Fergus Falls listings · NorthstarMLS
$1,513/month Estimated
- Principal & interest
- $1,234
- Property taxes
- $137
- Home insurance (est.)
- $142
- HOA dues
- None
20% down ($48,800) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
About This Home
Welcome to 326 W. Gustavus, a most charming and move-in ready walkout rambler situated on an oversized very private corner lot. This 3 bed, 2 bath home has undergone an extensive remodel to include: in 2021—attic insulation, seamless gutters on house and one stall garage, main level bathroom update; in 2022—new furnace, tankless water heater, new central air & replacement of bay window; 2023—all new landscaping; 2024—new garage door & opener, new washer & dryer; in 2025—all new kitchen cabinets, countertops & appliances. The full walkout basement provides excellent potential to expand and build equity. Additional highlights include steel siding, 2 garages—both single and double-stall garages, generous yard space, and a convenient location close to schools, parks, and neighborhood amenities. This well-maintained property blends classic character with valuable updates, making it an ideal place to call home.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $183K and $305K in Fergus Falls:
- The field: 21 similar Fergus Falls homes for sale — you have options.
- Tempo: homes like this went pending in a median 17 days — 5 of the last 18 inside 4 days.
- Negotiation: 46% of the last 28 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 28 real Fergus Falls closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1959
- Above Grade
- 1,008 sq ft
- Below Grade
- 615 sq ft
- Garage
- 3-car (Detached Garage)
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Yes
- Appliances
- Dishwasher, Electric Water Heater, Range, Refrigerator
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $1,648
- County
- Otter Tail
- Days on Market
- 101
326 W Gustavus Avenue is listed in Fergus Falls, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 326 W Gustavus 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 Century 21 Atwood · 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# 7073136 · Data refreshed August 14, 2026
Similar Homes for Sale Near 326 W Gustavus Avenue, Fergus Falls, MN
Frequently Asked Questions About 326 W Gustavus Avenue
- Is $244,000 a good price for a home in Fergus Falls?
- At $150/sqft, this home is priced near the typical Fergus Falls single-family home of $146/sqft, according to our BuyPulse comparison of comparable active listings. Browse Fergus Falls homes for sale to compare.
- Does 326 W Gustavus Avenue have a basement?
- Yes, 326 W Gustavus Avenue has a basement with 615 sq ft of below-grade space.
- What type of heating and cooling does 326 W Gustavus Avenue have?
- 326 W Gustavus Avenue has Forced Air heating and Central Air cooling.
- Where is 326 W Gustavus Avenue located?
- 326 W Gustavus Avenue is in Fergus Falls, MN 56537, in Otter Tail County.
- Is 326 W Gustavus Avenue still available?
- Yes — 326 W Gustavus Avenue is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 326 W Gustavus Avenue built?
- 326 W Gustavus Avenue was built in 1959. It features frame construction, an asphalt roof, and a block foundation.
- How many homes like 326 W Gustavus Avenue are for sale in Fergus Falls?
- 21 similar homes (single-family homes between $183K and $305K in Fergus Falls) are for sale right now — you have options.
- How fast do homes like 326 W Gustavus Avenue sell in Fergus Falls?
- Homes like this one (single-family homes between $183K and $305K in Fergus Falls) went pending in a median 17 days over the last 90 days — 5 of the last 18 went under contract within 4 days.
- Do homes in Fergus Falls sell for asking price?
- 46% of the last 28 comparable Fergus Falls sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
- 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.