411 E Gustavus Avenue, Fergus Falls, MN 56537
4 Beds | 3 Baths | 2,745 Sq Ft | Single Family Home | MLS# 7111491
M Markdowns — Price Reduced — was $225,000 (↓ $25,000)
$1,343/month Estimated
- Principal & interest
- $1,011
- Property taxes
- $215
- Home insurance (est.)
- $117
- HOA dues
- None
20% down ($40,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Hallbergs Add, Fergus Falls, MN.
About This Home
Step into the perfect blend of timeless character and modern convenience in this spacious 4+ bedroom, 3-bath home, where classic turn-of-the-century charm meets the reliability of a 1996 foundation. Rich hardwood floors, soaring vaulted ceilings, and beautiful architectural details create a warm and welcoming atmosphere throughout. The generous floor plan provides room for everyone to spread out and enjoy, especially with a downstairs theater room! The heart of the home is the oversized eat-in kitchen, offering abundant space for everyday meals, entertaining family and friends, or gathering for holidays. Multiple spacious bedrooms, including walk-in closets, provide comfortable retreats, and the home's three bathrooms ensure convenience for both residents and guests. Unwind after a long day in the relaxing jetted tub, and enjoy the comfort of central air conditioning during the warmer months and the brand new gas furnace in cooler months. Step onto the enclosed front porch and enjoy the sunlight. Outside, you'll appreciate the large lot that offers plenty of room for outdoor activities, gardening, or simply enjoying the open space. The partially fenced yard provides added versatility for pets or play, while the attached, heated and insulted double-car garage offers ample room for vehicles as well as a bonus room above. With an impressive amount of finished living space, distinctive historic character, and modern amenities throughout, this unique property offers endless possibilities for anyone looking for a home with both personality and practicality. Don't miss the opportunity to own this one-of-a-kind property that truly offers space, charm, and comfort all in one package.
BuyPulse · Live market read
How 411 E Gustavus Avenue Compares to the Fergus Falls Market
At $73/sqft, this home is priced $71/sqft below the typical Fergus Falls single-family home of $144/sqft.
The median list price in Fergus Falls is $264,900.
Verdict: Excellent Value
Your negotiating position
66 Strong buyer leverage
Seller's market · Balanced · Buyer leverage
Day 95 — similar homes typically go under contract by day ~14. This one is past that window.
72% of recent sales closed at or over asking — Fergus Falls sellers rarely discount.
19 similar homes for sale — alternatives if they won't move.
This seller already cut $25,000 — motivation showing.
Homes like this one — single-family homes between $150K and $250K in Fergus Falls:
- The field: 19 similar Fergus Falls homes for sale — you have options.
- Tempo: homes like this went pending in a median 14 days — 2 of the last 12 inside 4 days.
- Negotiation: 72% of the last 25 sales here closed at or over list — Fergus Falls doesn't discount.
- Price cuts: 8 of 19 similar homes have trimmed asking — median trim $10,000. This one already cut $25,000.
Powered by the Realgorithm™ — 25 real Fergus Falls closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1912
- Garage
- 2-Car Detached
- Style
- Two
- HOA
- None
- Annual Taxes
- $2,578 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,745
- Below Grade Sq Ft
- 1,000
- Lot Size
- 0.344 acres
- Basement
- Yes
- Roof
- Asphalt
- County
- Otter Tail
- List Date
- 2026-07-17
- Days on Market
- 95 days
- Parcel ID
- 71001990513000
Financial
- Total Tax incl. Assessments
- $2,578
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Interior Features
- Laundry
- In Basement, Lower Level, Laundry Room
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 1,020 sqft
- Total Building Area
- 2,765 sqft
Exterior Features
- Exterior Features
- Other
- Fenced Area
- Yes
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage, Concrete
Lot & Land
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Centennial Realty
Price History
Reduced $25,000 (11.1%)
- Price reduced to $225,000 — Jul 29, 2026
- Price reduced to $200,000 — Aug 18, 2026
411 E Gustavus Avenue is listed in Fergus Falls, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 411 E Gustavus Avenue
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 Centennial Realty · 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# 7111491 · Data refreshed September 14, 2026
Similar Homes for Sale Near 411 E Gustavus Avenue, Fergus Falls, MN
Frequently Asked Questions About 411 E Gustavus Avenue
- Is $200,000 a good price for a home in Fergus Falls?
- According to BuyPulse, 411 E Gustavus Avenue rates Excellent Value — at $73/sqft it's priced 49% below the typical Fergus Falls single-family home of $144/sqft. Its negotiating-position score is 66/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Fergus Falls homes are closing versus list. Powered by the Realgorithm™. Browse Fergus Falls homes for sale to compare.
- Does 411 E Gustavus Avenue have a basement?
- Yes, 411 E Gustavus Avenue has a finished basement with 1,000 sq ft of below-grade space.
- What type of heating and cooling does 411 E Gustavus Avenue have?
- 411 E Gustavus Avenue has Forced Air heating and Central Air cooling.
- Where is 411 E Gustavus Avenue located?
- 411 E Gustavus Avenue is in the Hallbergs neighborhood of Fergus Falls, MN 56537, in Otter Tail County.
- Is 411 E Gustavus Avenue still available?
- Yes — 411 E 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 411 E Gustavus Avenue built?
- 411 E Gustavus Avenue was built in 1912. It features an asphalt roof and a block foundation.
- Does 411 E Gustavus Avenue have main-floor laundry?
- No — the laundry at 411 E Gustavus Avenue is in the lower level.
- How walkable is 411 E Gustavus Avenue?
- 411 E Gustavus Avenue has a Walk Score of 12/100 (Car-Dependent) and a Bike Score of 24/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 411 E Gustavus Avenue are for sale in Fergus Falls?
- 19 similar homes (single-family homes between $150K and $250K in Fergus Falls) are for sale right now — you have options.
- How fast do homes like 411 E Gustavus Avenue sell in Fergus Falls?
- Homes like this one (single-family homes between $150K and $250K in Fergus Falls) went pending in a median 14 days over the last 90 days — 2 of the last 12 went under contract within 4 days.
- Do homes in Fergus Falls sell for asking price?
- 72% of the last 25 comparable Fergus Falls sales closed at or over list price — Fergus Falls doesn't discount. 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.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/20/2026, 8:22 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.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.