323 1st Street SW, Wadena, MN 56482
3 Beds | 1 Bath | 1,496 Sq Ft | Single Family Home | MLS# 7132608
M Markdowns — Price Reduced — was $194,900 (↓ $15,000)
$1,151/month Estimated
- Principal & interest
- $910
- Property taxes
- $136
- Home insurance (est.)
- $105
- HOA dues
- None
20% down ($35,980) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
About This Home
Welcome to this spacious, move-in-ready 3-bedroom, 1-bath home offering comfortable living, functional spaces, and numerous updates. The main floor features convenient laundry, a generously sized primary bedroom, a full bathroom, and an open-concept living and dining area that’s ideal for both everyday living and entertaining. Upstairs, you’ll find two additional bedrooms and a large bonus room with plenty of flexibility for a home office, playroom, hobby space, or additional living area. The lower level is already plumbed for an additional bathroom, offering excellent potential for future expansion. Outside, enjoy a generously sized backyard enclosed by a 6-foot wood privacy fence, providing plenty of space to relax, play, garden, or host gatherings. Since 2018, the home has been thoughtfully updated with a water heater, interior paint, gutters, central A/C, dishwasher, refrigerator, furnace, garage door, and a roof replaced in 2026. With its comfortable layout, versatile bonus space, private backyard, and valuable updates, this home is ready for its next owner to move in and make it their own.
BuyPulse · Live market read
How 323 1st Street SW Compares to the Wadena Market
At $120/sqft, this home is priced $6/sqft below the typical Wadena single-family home of $126/sqft.
The median list price in Wadena is $306,950.
Verdict: Strong Value
Your negotiating position
76 Strong buyer leverage
Seller's market · Balanced · Buyer leverage
Day 64 — Wadena homes overall typically go under contract by day ~30. This one is past that window.
4 similar homes for sale — alternatives if they won't move.
This seller already cut $15,000 — the asking price has already moved.
Homes like this one — single-family homes between $135K and $225K in Wadena:
- The field: 4 similar Wadena homes for sale — a short list right now.
- Price cuts: 1 of 4 similar homes have trimmed asking. This one already cut $15,000.
- Too few have sold recently to chart how fast they go or how they close — BuyPulse won't estimate those off a thin sample.
Powered by the Realgorithm™ — real Wadena closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1880
- Garage
- 1-Car Attached
- Style
- One and One Half
- HOA
- None
- Annual Taxes
- $1,628 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,496
- Lot Size
- 0.16 acres
- Basement
- Yes
- Roof
- Age 8 Years or Less, Architectural Shingle
- Construction
- Frame
- County
- Wadena
- List Date
- 2026-08-24
- Days on Market
- 64 days
- Parcel ID
- 223002290
Financial
- Total Tax incl. Assessments
- $1,628
Home Systems & Utilities
- Heating
- Baseboard, Forced Air
- Cooling
- Central Air
- Electric
- Circuit Breakers
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Interior Features
- Laundry
- Main Level
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 760 sqft
- Total Building Area
- 1,496 sqft
Exterior Features
- Exterior Features
- Vinyl
- Fenced Area
- Yes
- 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
Reduced $15,000 (7.7%)
- Price reduced to $194,900 — Sep 14, 2026
- Price reduced to $179,900 — Oct 6, 2026
323 1st Street SW is listed in Wadena, MN, part of Wadena County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 323 1st Street SW
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# 7132608 · Updated October 9, 2026
Similar Homes for Sale Near 323 1st Street SW, Wadena, MN
Frequently Asked Questions About 323 1st Street SW
- Is $179,900 a good price for a home in Wadena?
- According to BuyPulse, 323 1st Street SW rates Strong Value — at $120/sqft it's priced 5% below the typical Wadena single-family home of $126/sqft. Its negotiating-position score is 76/100 (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 323 1st Street SW have a basement?
- Yes, 323 1st Street SW has a basement.
- What type of heating and cooling does 323 1st Street SW have?
- 323 1st Street SW has Baseboard, Forced Air heating and Central Air cooling.
- Where is 323 1st Street SW located?
- 323 1st Street SW is in Wadena, MN 56482, in Wadena County.
- Is 323 1st Street SW still available?
- Yes — 323 1st Street SW is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 323 1st Street SW built?
- 323 1st Street SW was built in 1880. It features frame construction and a block foundation.
- Does 323 1st Street SW have main-floor laundry?
- Yes — the laundry at 323 1st Street SW is on the main level.
- How many homes like 323 1st Street SW are for sale in Wadena?
- 4 similar homes (single-family homes between $135K and $225K 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 10/27/2026, 2:19 PM 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.
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