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4 Beds | 2 Baths | 1,302 Sq Ft | Single Family Home | MLS# 7114821
M Markdowns — Price Reduced — was $204,900 (↓ $2,000)
Is 1015 1st Street SE a Good Deal?
BuyPulse Verdict
Premium Pricing
At $156/sqft — This home is priced 20% above the typical Wadena single-family home of $130/sqft.
Your Negotiating Position
84 — Strong buyer leverage
Day 82 — Wadena homes overall typically go under contract by day ~30. This one is past that window.
6 similar homes for sale — alternatives if they won't move.
This seller already cut $2,000 — motivation showing.
Powered by the Realgorithm™ — 24 active Wadena listings · NorthstarMLS
$1,237/month Estimated
- Principal & interest
- $1,026
- Property taxes
- $93
- Home insurance (est.)
- $118
- HOA dues
- None
20% down ($40,580) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Peakes 2nd Add, Wadena, MN.
About This Home
Charming 4-bedroom, 2-bath home with a spacious and inviting layout designed for comfortable everyday living. The main level features a large 4-season porch, a convenient main-floor bedroom, laundry, a 3/4 bath, beautiful hardwood floors, and a generously sized updated kitchen perfect for cooking and entertaining. Newer windows bring in plenty of natural light throughout the home. Upstairs, you’ll find three additional bedrooms and a full bathroom, offering plenty of space for family, guests, or a home office. Outside, enjoy a nice-sized flat backyard that’s ideal for relaxing, playing, or gathering with friends and family. A 2-stall garage adds extra convenience and storage. This home offers a great blend of character, functionality, and updates.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $152K and $254K in Wadena:
- The field: 6 similar Wadena homes for sale — a short list right now.
Powered by the Realgorithm™ — real Wadena closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1918
- Garage
- 2-Car Attached
- Style
- One and One Half
- HOA
- None
- Annual Taxes
- $1,110 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,302
- Lot Size
- 0.23 acres
- Basement
- Yes
- Roof
- Architectural Shingle
- Construction
- Frame
- County
- Wadena
- List Date
- 2026-07-23
- Days on Market
- 82 days
- Parcel ID
- 225000310
Financial
- Total Tax incl. Assessments
- $1,110
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
Interior Features
- Laundry
- Main Level
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 697 sqft
- Total Building Area
- 1,302 sqft
Exterior Features
- Exterior Features
- Vinyl
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage
Lot & Land
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Central MN Realty LLC
Price History
- Price reduced to $202,900 — Aug 18, 2026
1015 1st Street SE is listed in Wadena, MN, part of Wadena County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1015 1st Street SE
Associate Broker · Modern Market REALTORS®
Your Wadena real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Central MN Realty LLC · 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# 7114821 · Data refreshed August 18, 2026
Similar Homes for Sale Near 1015 1st Street SE, Wadena, MN
Frequently Asked Questions About 1015 1st Street SE
- Is $202,900 a good price for a home in Wadena?
- According to BuyPulse, 1015 1st Street SE rates Premium Pricing — at $156/sqft it's priced 20% above the typical Wadena single-family home of $130/sqft. Its negotiating-position score is 84/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Wadena homes are closing versus list. Powered by the Realgorithm™. Browse Wadena homes for sale to compare.
- Does 1015 1st Street SE have a basement?
- Yes, 1015 1st Street SE has a basement.
- What type of heating and cooling does 1015 1st Street SE have?
- 1015 1st Street SE has Forced Air heating and Central Air cooling.
- Where is 1015 1st Street SE located?
- 1015 1st Street SE is in the Peakes neighborhood of Wadena, MN 56482, in Wadena County.
- Is 1015 1st Street SE still available?
- Yes — 1015 1st 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 1015 1st Street SE built?
- 1015 1st Street SE was built in 1918. It features frame construction, an architectural shingle roof, and a block foundation.
- Does 1015 1st Street SE have main-floor laundry?
- Yes — the laundry at 1015 1st Street SE is on the main level.
- How walkable is 1015 1st Street SE?
- 1015 1st Street SE has a Walk Score of 38/100 (Car-Dependent) and a Bike Score of 44/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 1015 1st Street SE are for sale in Wadena?
- 6 similar homes (single-family homes between $152K and $254K in Wadena) are for sale right now — a short list right now.
- What does "M Markdowns" mean?
- M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
- 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 Wadena area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 10:29 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.