118 E Colfax Street, Parkers Prairie, MN 56361
Just Listed on M Premiere — listed August 28, 2026
2 Beds | 1 Bath | 1,024 Sq Ft | Single Family Home | MLS# 7133090
Is 118 E Colfax Street a Good Deal?
BuyPulse Verdict
Fair Market Value
At $171/sqft — This home is priced right at the typical Parkers Prairie single-family home of $171/sqft.
Powered by the Realgorithm™ — 7 active Parkers Prairie listings · NorthstarMLS
$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.
Deciding Week · Day 2 of 7
Day count from the MLS listing date · cohort stats from the last 90 days · NorthstarMLS
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
- Property Type
- Single Family
- Year Built
- 1890
- Above Grade
- 1,024 sq ft
- Lot Size
- 0.11 acres
- Lot Features
- Tree Coverage - Light
- Garage
- 1-car (Attached Garage)
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Yes
- Appliances
- Range, Refrigerator, Water Softener Owned
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $1,550
- County
- Otter Tail
- Days on Market
- 0
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®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7133090 · Data refreshed August 28, 2026
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 Fair Market Value — at $171/sqft it's priced right at the typical Parkers Prairie single-family home of $171/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?
- Yes — 118 E Colfax Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- 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.
- 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.
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.