Listed at
$114,500

221 E Lake Street

221 E Lake Street, Parkers Prairie, MN, 56361
0.31  Acres
Days on market45
Year built1918
ParkingDetached Garage
TypeResidential
Est. $435buyer credit when you buy with SODL
Interested?

Pick a date to request a showing

Cancel anytime, free.

About this home

Contractor Special — Bring Your Vision! Calling all contractors, investors, and buyers with an eye for potential! Not far from Lake Adley, this home sits on a nice-sized lot and is ready for someone with the vision and creativity to bring it back to life. The hard part has already been started—the demolition has been done, leaving you with a blank canvas ready for its next chapter. The home wasn't taken down to the studs because of a known issue; the owner simply had a vision for transforming the property and was never able to complete it, now, that opportunity is yours! There is plenty of square footage to work with, along with an abundance of windows throughout the home that allow for plenty of natural light and help you envision just how bright and inviting these spaces could become once finished. Previous plans imagined the property as a 4-bedroom, 1-bath home, with the potential to create 5 bedrooms and 2 bathrooms, follow that vision or start fresh and design the layout to fit your own needs—the possibilities are here for you to explore. The uppermost level is especially unique and could make a fantastic study, home office, reading retreat, or bonus space, complete with views of Lake Adley. Whether you're a contractor looking for your next project, an investor searching for an opportunity, or a buyer dreaming of creating a home that's truly your own, this property offers the space and potential to make it happen. Bring your tools, bring your imagination, and make this house a home again! IMPORTANT SHOWING REQUIREMENT: Due to the current condition of the property, anyone entering the home must sign a liability waiver and return it to the listing agent prior to entering the property.

Contact us

Home facts

Property typeResidential
Property subtypeSingle Family
Year built1918
LevelsOne and One Half
Living area0 sqft
Above-grade finished0 sqft
Below-grade finished0 sqft
Lot size0.31 acres (95 x 142)
Days on market45
ListedAug 14, 2026
MLS #NST7124939
CountyOtter Tail
Parcel #75000990091000

Facts & features

Interior

Bathrooms
0
Heating
None
Cooling
None
Basement
Block · 0 sqft finished
Living area
0 sqft
Above-grade finished
0 sqft

Property

Levels / stories
One and One Half
Parking features
Detached Garage
Exterior features
Vinyl
Lot size
0.31 acres
Lot dimensions
95 x 142
Accessibility
None

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 1,580 sqft
Year built
1918

Utilities

Water
City Water/Connected
Sewer
City Sewer - In Street
Fuel
Other

Community & HOA

HOA
No HOA
School district
547 - Parkers Prairie
High school district
Parkers Prairie

Financial & listing details

Annual tax
$2,982 (2026)
Listed
Aug 14, 2026
Days on market
45
Manufactured home
Yes

Interior details

Total bathrooms0
Full baths0
3/4 baths0
Half baths0
1/4 baths0
BasementBlock
HeatingNone
CoolingNone
AccessibilityNone

Exterior & lot

ExteriorVinyl
FoundationBlock
Foundation area1,580 sqft
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer - In Street
FuelOther

Parking & garage

ParkingDetached Garage
Garage spaces0

Financial details

Annual taxes$2,982
Tax year2026
Taxes w/ assessments2982
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District547 - Parkers Prairie
District number547
District phone2183386011
High schoolParkers Prairie
SODL flat fee brokerage
$435Estimated buyer credit
SODL platform fee $3,000Your buyer credit $435

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$888/mo
Principal & interest$602
Property taxes$249
Home insurance (est.)$38
%
$22,900
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

221 E Lake Street, Parkers Prairie, MN, 56361

Comparable homes

Listing information

MLS #NST7124939
StatusActive
Last updatedAug 18, 2026, 7:31 PM
Originally listedAug 14, 2026, 5:59 AM
Listing officeRandy Fischer Real Estate, Inc

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. 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.