405 E Lake Street, Osakis, MN 56360
Just Listed on M Premiere — listed September 11, 2026
4 Beds | 4 Baths | 2,280 Sq Ft | Single Family Home | MLS# 7141388
Is 405 E Lake Street a Good Deal?
BuyPulse Verdict
Fair Market Value
At $241/sqft — This home is priced right at the typical Osakis single-family home of $235/sqft.
Your Negotiating Position
42 — Seller-leaning market
Day 0 — Osakis homes overall typically go under contract by day ~12, so this one is early in its window.
5 similar homes for sale — alternatives if they won't move.
Powered by the Realgorithm™ — 16 active Osakis listings · NorthstarMLS
$3,347/month Estimated
- Principal & interest
- $2,781
- Property taxes
- $245
- Home insurance (est.)
- $321
- HOA dues
- None
20% down ($110,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Clarks Add, Osakis, MN.
About This Home
A Lake Osakis Beauty! Well maintained Victorian home with character just became available! This distinctive property offers a wonderful blend of timeless elegance, peaceful surroundings, spacious living, and the convenience of being within walking distance of downtown Osakis. Featuring 4 bedrooms and 4 bathrooms, this thoughtfully designed home offers an abundance of living space and functionality. The kitchen is sure to delight any gourmet cook and flows seamlessly into the formal dining area, making entertaining family and friends a pleasure. The large living room provides a comfortable gathering space, while the main-level bathroom and laundry add everyday convenience. Upstairs, you’ll find three generously sized bedrooms, each offering ample closet space—a rare and highly desirable feature for a home of this era. Additional rooms throughout the home provide plenty of space for hobbies, an office, guests, and storage. The lower level further expands the home's versatility with an additional bedroom featuring an egress window, bathroom, laundry area, and abundant storage space. One of the home's most charming features is its magnificent front porch, the perfect place to relax with your morning coffee, visit with neighbors, or simply enjoy the character and charm of this beloved Osakis neighborhood. A double car garage provides convenient parking and valuable protection from Minnesota's winter weather. And what truly sets this property apart is its Lake Osakis shoreline access! Take a leisurely stroll down to the lake, relax on the patio, enjoy your morning coffee, or cast a line and spend a peaceful afternoon fishing. This is a truly special opportunity to own a distinctive and spacious home with Lake Osakis shoreline, abundant living space, a wonderful neighborhood setting, and convenient access to downtown Osakis. A property with this combination of character, and location is a rare find!
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $413K and $688K in Osakis:
- The field: 5 similar Osakis homes for sale — a short list right now.
Powered by the Realgorithm™ — real Osakis closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1916
- Above Grade
- 1,584 sq ft
- Below Grade
- 696 sq ft
- Lot Size
- 0.02 acres
- Lot Features
- Accessible Shoreline
- Garage
- 2-car (Detached Garage, Asphalt)
- Heating
- Baseboard, Forced Air
- Cooling
- Central Air
- Basement
- Finished
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $2,938
- County
- Douglas
- Days on Market
- 0
405 E Lake Street is listed in Osakis, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 405 E Lake Street
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 Randy Fischer Real Estate, Inc · Shown by Modern Market REALTORS®
Buying a home in Osakis? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7141388 · Data refreshed September 11, 2026
Similar Homes for Sale Near 405 E Lake Street, Osakis, MN
Frequently Asked Questions About 405 E Lake Street
- Is $550,000 a good price for a home in Osakis?
- According to BuyPulse, 405 E Lake Street rates Fair Market Value — at $241/sqft it's priced right at the typical Osakis single-family home of $235/sqft. Its negotiating-position score is 42/100 (Seller-leaning market), weighed on days on market, comparable inventory, and how Osakis homes are closing versus list. Powered by the Realgorithm™. Browse Osakis homes for sale to compare.
- Does 405 E Lake Street have a basement?
- Yes, 405 E Lake Street has a finished basement with 696 sq ft of below-grade space.
- What type of heating and cooling does 405 E Lake Street have?
- 405 E Lake Street has Baseboard, Forced Air heating and Central Air cooling.
- Where is 405 E Lake Street located?
- 405 E Lake Street is in the Clarks neighborhood of Osakis, MN 56360, in Douglas County.
- Is 405 E Lake Street still available?
- Yes — 405 E Lake Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 405 E Lake Street built?
- 405 E Lake Street was built in 1916. It features an asphalt roof and a brick/mortar foundation.
- Does 405 E Lake Street have main-floor laundry?
- Yes — the laundry at 405 E Lake Street is on the main level.
- How many homes like 405 E Lake Street are for sale in Osakis?
- 5 similar homes (single-family homes between $413K and $688K 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.