Is $174,900 a good price for a home in Parkers Prairie?

According to BuyPulse, 118 E Colfax Street rates Strong Value — at $171/sqft it's priced 14% below the Parkers Prairie median of $199/sqft. Powered by the Realgorithm™.

Does 118 E Colfax Street have a basement?

Yes, 118 E Colfax Street has a basement.

What type of heating and cooling does 118 E Colfax Street have?

118 E Colfax Street has Forced Air heating and Central Air cooling.

Where is 118 E Colfax Street located?

118 E Colfax Street is in the Lakeview neighborhood of Parkers Prairie, MN 56361, in Otter Tail County.

Is 118 E Colfax Street still available?

118 E Colfax Street is currently pending. The seller may still accept backup offers — contact us to learn more.

When was 118 E Colfax Street built?

118 E Colfax Street was built in 1890. It features frame construction and a permanent foundation.

Does 118 E Colfax Street have main-floor laundry?

No — the laundry at 118 E Colfax Street is in the lower level.

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 1 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 2 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 3 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 4 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 5 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 6 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 7 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 8 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 9 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 10 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 11 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 12 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 13 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 14 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 15 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 16 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 17 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 18 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 19 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 20 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 21 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 22 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 23 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 24 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 25 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 26 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 27 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 28 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 29 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 30 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 31 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 32 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 33 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 34 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 35 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 36 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 37 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 38 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 39 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 40 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 41 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 42 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 43 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 44 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 45 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 46 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 47 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 48 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 49 of 50)

1890 single family home for sale at 118 E Colfax Street in Parkers Prairie, MN — 2 bed, 1 bath (photo 50 of 50)

118 E Colfax Street, Parkers Prairie, MN 56361

2 Beds | 1 Bath | 1,024 Sq Ft | Single Family Home | MLS# 7133090

$174,900

Is 118 E Colfax Street a Good Deal?

BuyPulse Verdict

Strong Value

At $171/sqft — This home is priced 14% below the Parkers Prairie median of $199/sqft.

$1,115/month Estimated

Principal & interest: $884
Property taxes: $129
Home insurance (est.): $102
HOA dues: None

20% down ($34,980) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Parkers Prairie, MN Pending

Located in Lakeview Add, Parkers Prairie, MN.

About This Home

This 2-bedroom, 1-bath home in Parkers Prairie offers 1,024 square feet of comfortable main-level living with modern updates throughout. Beautiful wood floors add warmth and character throughout the home, while the updated kitchen features a center island and dining space. The welcoming front porch provides a great place to sit and enjoy the neighborhood, and the attached one-stall garage offers convenient parking and storage. Located close to Parkers Prairie schools, the home is also near local parks, Lake Adley, and other community amenities. Alexandria is just 17 miles away, putting additional shopping, dining, entertainment, and services less than 30 minutes from home while still enjoying the quieter pace of a small-town setting. Come see this well-rounded home that blends modern updates, classic character, and a convenient location in the heart of Parkers Prairie!

Key Features

Built: 1890
Garage: 1-Car Attached
Style: One
HOA: None
Annual Taxes: $1,550 (2026)

Property Details

Property Type: Single Family
Above Grade Sq Ft: 1,024
Lot Size: 0.114 acres
Basement: Yes
Roof: Age 8 Years or Less, Rolled/Hot Mop
Construction: Frame
County: Otter Tail
List Date: 2026-08-28
Days on Market: 46 days
Parcel ID: 75000990271000

Financial

Total Tax incl. Assessments: $1,550

Home Systems & Utilities

Heating: Forced Air
Cooling: Central Air
Electric: Circuit Breakers, 100 Amp Service
Water: City Water/Connected
Sewer: City Sewer/Connected
Appliances: Range, Refrigerator, Water Softener Owned

Interior Features

Laundry: In Basement

Construction & Exterior

Construction & Structure

Foundation Type: Permanent
Foundation Area: 1,024 sqft
Total Building Area: 1,024 sqft

Exterior Features

Exterior Features: Vinyl
Accessibility Features: None

Parking & Garage

Parking Features: Attached Garage

Lot & Land

Lot Features: Tree Coverage - Light
Road Surface: City Street
Zoning Description: Residential-Single Family

Agent & Office

List Office: Coldwell Banker Realty

Price History

Listed at $174,900 on Aug 28, 2026 — No price changes

118 E Colfax Street is listed in Parkers Prairie, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 118 E Colfax Street

Shannon Barnum

Associate Broker · Modern Market REALTORS®

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

See all Parkers Prairie homes ›

Listed by Coldwell Banker Realty · Shown by Modern Market REALTORS®

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MLS# 7133090 · Data refreshed September 19, 2026

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Frequently Asked Questions About 118 E Colfax Street

Is $174,900 a good price for a home in Parkers Prairie?: According to BuyPulse, 118 E Colfax Street rates Strong Value — at $171/sqft it's priced 14% below the Parkers Prairie median of $199/sqft. Powered by the Realgorithm™. Browse Parkers Prairie homes for sale to compare.
Does 118 E Colfax Street have a basement?: Yes, 118 E Colfax Street has a basement.
What type of heating and cooling does 118 E Colfax Street have?: 118 E Colfax Street has Forced Air heating and Central Air cooling.
Where is 118 E Colfax Street located?: 118 E Colfax Street is in the Lakeview neighborhood of Parkers Prairie, MN 56361, in Otter Tail County.
Is 118 E Colfax Street still available?: 118 E Colfax Street is currently pending. The seller may still accept backup offers — contact us to learn more.
When was 118 E Colfax Street built?: 118 E Colfax Street was built in 1890. It features frame construction and a permanent foundation.
Does 118 E Colfax Street have main-floor laundry?: No — the laundry at 118 E Colfax Street is in the lower level.

Local Companies to Help You Settle In

From inspection to closing to moving day, here are well-known local companies serving the Parkers Prairie area.

Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2026, 7:04 AM 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.