1961 single family home for sale at 308 2nd Street SE in Pelican Rapids, MN — 2 bed, 2 bath (photo 1 of 28)

308 2nd Street SE, Pelican Rapids, MN 56572

2 Beds | 2 Baths | 1,272 Sq Ft | Single Family Home | MLS# 7155136

$149,900

Is 308 2nd Street SE a Good Deal?

BuyPulse Verdict

Excellent Value

At $118/sqft — This home is priced 68% below the typical Pelican Rapids single-family home of $364/sqft.

Powered by the Realgorithm™ — 32 active Pelican Rapids listings · NorthstarMLS

$961/month Estimated

Principal & interest
$758
Property taxes
$109
Home insurance (est.)
$87
Special assessments
$7
HOA dues
None

20% down ($29,980) · 30-yr fixed, 6.5% · Can I afford this home?

Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.

Pelican Rapids, MN Active

Located in Blybergs Add, Pelican Rapids, MN.

About This Home

Welcome to this inviting 2-bedroom, 2-bath home in the heart of Pelican Rapids! The main level features a comfortable living room, updated kitchen with eat-in dining, two bedrooms and a full bath. Solar tubes bring added natural light into both the kitchen and main-level bathroom, creating bright and welcoming spaces. Downstairs, you’ll find even more room to spread out with a family room, ¾ bath, laundry, ample storage and potential for additional bedrooms or flexible living space. Outside, enjoy the convenience of a detached 2-stall garage, while newer shingles on the home offer an added update. Located just a few blocks from the schools, downtown and parks, this home combines comfortable living, flexible space and a convenient Pelican Rapids location.

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Key Features

Built
1961
Garage
2-Car Detached
Style
One
HOA
None
Annual Taxes
$1,303 (2026)
Specials/yr
$85

Property Details

Property Type
Single Family
Above Grade Sq Ft
856
Below Grade Sq Ft
416
Lot Size
0.147 acres
Basement
Yes
Roof
Age 8 Years or Less, Asphalt
Construction
Frame
County
Otter Tail
List Date
2026-10-06
Days on Market
6 days
Parcel ID
76000990217003

Financial

Total Tax incl. Assessments
$1,388
Specials Pending
No

Home Systems & Utilities

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

Interior Features

Laundry
In Basement, Electric Dryer Hookup, Washer Hookup

Construction & Exterior

Construction & Structure

Foundation Type
Block
Foundation Area
832 sqft
Total Building Area
1,688 sqft

Exterior Features

Exterior Features
Vinyl
Other Structures
Garage(s)
Accessibility Features
None

Parking & Garage

Parking Features
Detached Garage

Lot & Land

Road Surface
City Street, Paved Streets
Zoning Description
Residential-Single Family

Agent & Office

List Office
Andrew Yaggie Real Estate

Price History

Listed at $149,900 on Oct 6, 2026 — No price changes

308 2nd Street SE is listed in Pelican Rapids, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 308 2nd Street SE

Shannon Barnum

Associate Broker · Modern Market REALTORS®

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

Listed by Andrew Yaggie Real Estate · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7155136 · Data refreshed October 7, 2026

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Frequently Asked Questions About 308 2nd Street SE

Is $149,900 a good price for a home in Pelican Rapids?
According to BuyPulse, 308 2nd Street SE rates Excellent Value — at $118/sqft it's priced 68% below the typical Pelican Rapids single-family home of $364/sqft. Powered by the Realgorithm™. Browse Pelican Rapids homes for sale to compare.
What are the special assessments at 308 2nd Street SE — and what do they mean?
This property has $85/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $1,303/yr. Always factor both into your total monthly housing cost before making an offer.

What special assessments cost in Fargo-Moorhead — live figures on every home for sale.

Does 308 2nd Street SE have a basement?
Yes, 308 2nd Street SE has a basement with 416 sq ft of below-grade space.
What type of heating and cooling does 308 2nd Street SE have?
308 2nd Street SE has Forced Air heating and Central Air cooling.
Where is 308 2nd Street SE located?
308 2nd Street SE is in the Blybergs neighborhood of Pelican Rapids, MN 56572, in Otter Tail County.
Is 308 2nd Street SE still available?
Yes — 308 2nd Street SE is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 308 2nd Street SE built?
308 2nd Street SE was built in 1961. It features frame construction and a block foundation.
Does 308 2nd Street SE have main-floor laundry?
No — the laundry at 308 2nd Street SE is in the lower level.

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MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2026, 1:17 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.