1925 single family home for sale at 109 Lake Street E in Osakis, MN — 3 bed, 2 bath (photo 1 of 34)

109 Lake Street E, Osakis, MN 56360

Just Listed on M Premiere — listed October 16, 2026

3 Beds | 2 Baths | 1,179 Sq Ft | Single Family Home | MLS# 7158581

$449,999

$2,942/month Estimated

Principal & interest
$2,275
Property taxes
$405
Home insurance (est.)
$262
HOA dues
None

20% down ($90,000) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Osakis, MN Active

Located in Original Osakis, Osakis, MN.

About This Home

Escape to lakeside living with this beautiful home on Lake Osakis. Enjoy exceptional lake views, a spacious deck for entertaining, and a three-season porch perfect for relaxing with your morning coffee. The home features 3 bedrooms with lake views, 2 bathrooms, and a large unfinished basement offering additional potential. Just steps from the deck, you’ll find sandy-bottom lake frontage and a dock ready for your boat. Lake Osakis is well known for its walleye fishing and offers opportunities to catch a variety of other species. Recent updates throughout the home add to its appeal, while the convenient location near town makes accessing everyday necessities easy. Previously operated as a successful short-term rental, this property offers flexibility for personal enjoyment, investment, or a place to call home.

BuyPulse · Live market read

Is 109 Lake Street E a Good Deal?

At $382/sqft, this home is priced $183/sqft above the typical Osakis single-family home of $199/sqft.

The median list price in Osakis is $275,000.

Verdict: Premium Pricing

Homes like this one — single-family homes between $337K and $562K in Osakis:

  • The field: 5 similar Osakis homes for sale — a short list right now.
  • Price cuts: 3 of 5 similar homes have trimmed asking — median trim $25,000. This one hasn't budged.
  • Too few have sold recently to chart how fast they go or how they close — BuyPulse won't estimate those off a thin sample.

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

Key Features

Built
1925
Garage
1-Car Attached
Style
Two
HOA
None
Annual Taxes
$4,856 (2026)

Property Details

Property Type
Single Family
Above Grade Sq Ft
1,179
Lot Size
0.195 acres
Basement
Yes
Roof
Age Over 8 Years
Construction
Frame
County
Douglas
List Date
2026-10-16
Days on Market
1 day
Parcel ID
930178000

Financial

Total Tax incl. Assessments
$4,856

Home Systems & Utilities

Heating
Boiler
Cooling
Window Unit(s)
Electric
100 Amp Service
Water
City Water/Connected
Sewer
City Sewer/Connected
Appliances
Dryer, Microwave, Range, Refrigerator, Washer

Interior Features

Laundry
Lower Level

Construction & Exterior

Construction & Structure

Foundation Type
Block
Foundation Area
658 sqft
Total Building Area
1,837 sqft

Exterior Features

Exterior Features
Vinyl
View
Lake, North
Accessibility Features
None

Parking & Garage

Parking Features
Attached Garage

Lot & Land

Lot Features
Accessible Shoreline
Road Surface
County Road
Zoning Description
Shoreline,Residential-Single Family

Waterfront

Waterfront
Yes

Agent & Office

List Office
American Legacy Land Co., LLC

Price History

Listed at $449,999 on Oct 16, 2026 — No price changes

109 Lake Street E is listed in Osakis, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 109 Lake Street E

Shannon Barnum

Associate Broker · Modern Market REALTORS®

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

Listed by American Legacy Land Co., LLC · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7158581 · Data refreshed October 17, 2026

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Frequently Asked Questions About 109 Lake Street E

Is $449,999 a good price for a home in Osakis?
According to BuyPulse, 109 Lake Street E rates Premium Pricing — at $382/sqft it's priced 92% above the typical Osakis single-family home of $199/sqft. Powered by the Realgorithm™. Browse Osakis homes for sale to compare.
Does 109 Lake Street E have a basement?
Yes, 109 Lake Street E has a basement.
What type of heating and cooling does 109 Lake Street E have?
109 Lake Street E has Boiler heating and Window Unit(s) cooling.
Where is 109 Lake Street E located?
109 Lake Street E is in the Original Osakis neighborhood of Osakis, MN 56360, in Douglas County.
Is 109 Lake Street E still available?
Yes — 109 Lake Street E is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 109 Lake Street E built?
109 Lake Street E was built in 1925. It features frame construction and a block foundation.
Does 109 Lake Street E have main-floor laundry?
No — the laundry at 109 Lake Street E is in the lower level.
How walkable is 109 Lake Street E?
109 Lake Street E has a Walk Score of 46/100 (Car-Dependent) and a Bike Score of 51/100 (Somewhat Bikeable). Scores provided by Walk Score® →
How many homes like 109 Lake Street E are for sale in Osakis?
5 similar homes (single-family homes between $337K and $562K in Osakis) are for sale right now — a short list right now.
What does "M Premiere" mean?
M Premiere™ is Modern Market REALTORS®’ early-access tracker for homes entering NorthstarMLS during the critical first 96 hours on market. Well-priced homes in Fargo-Moorhead frequently receive their strongest buyer attention in that opening window. M Premiere surfaces new inventory the moment it lists — so buyers can act before a home becomes widely discovered.
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 Osakis area.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/17/2026, 6:09 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.