Pending
$179,000
$133/sqft

Kilbourns Add

616 Lake Street, Alexandria, MN, 56308
3  Bedrooms1  Bathroom1,346  Square Feet0.13  Acres
Days on market7
Year built1920
Garage spaces1
TypeResidential
Est. $2,370buyer credit when you buy with SODL

About this home

Welcome to your own space on Lake Street! This great home could be the most affordable, move-in ready, single-family home in Alexandria, MN currently on the market—and it offers an excellent opportunity for both homeowners and investors! Whether you're looking for an affordable place to call home or a great investment property, this one deserves a closer look. Ideally located in the heart of Alexandria, you'll be just minutes from restaurants, shopping, schools, and the local college, making this a convenient location for everyday living or a potential rental opportunity. And don't let the view from Lake Street fool you, for this space is much larger once you're inside. Boasting 3 bedrooms, a huge front living room, newer mechanicals with central air, and over 1,400 sq ft of living area, be sure not to hesitate on getting in to view this great space. The hardwood floors on the main level, along with the large, storage-filled kitchen, will lure you to spend more time at home. This home is full of windows on both levels, allowing for tons of natural light no matter where in the home you may be. Just outside, you'll find a one-and-a-half-car garage that is heavy on room, along with a back patio area for relaxing and gathering under the canopy of trees. With its convenient location, spacious layout, and potential as an investment property, this home offers plenty of possibilities. If this home fits what you've been looking for, schedule your showing immediately, for not doing so will make it someone else's soon!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1920
LevelsOne
Living area1,346 sqft
Above-grade finished775 sqft
Below-grade finished571 sqft
Lot size0.13 acres (75 75 75 75)
Days on market7
ListedSep 3, 2026
MLS #NST7138353
CountyDouglas
SubdivisionKilbourns Add
Parcel #631359000

Facts & features

Interior

Bedrooms
3
Bathrooms
1
Bath breakdown
1 full
Heating
Forced Air
Cooling
Central Air
Appliances
Dryer, Range, Refrigerator, Washer

Property

Levels / stories
One
Garage
1 space · 16x24 · 394 sqft
Parking features
Detached Garage, Gravel
Patio & porch
Patio
Exterior features
Fiber Board
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 709 sqft
Roof
Age Over 8 Years
Year built
1920

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers, 100 Amp Service

Community & HOA

Subdivision
Kilbourns Add
HOA
No HOA
School district
206 - Alexandria
High school district
Alexandria

Financial & listing details

Annual tax
$1,371 (2026)
Tax with assessments
1510
Listed
Sep 3, 2026
Days on market
7
Manufactured home
Yes

Interior details

Total bathrooms1
Full baths1
3/4 baths0
Half baths0
1/4 baths0
BasementBlock, Egress Window(s), Finished, Full
HeatingForced Air
CoolingCentral Air
LaundryIn Basement
AppliancesDryer, Range, Refrigerator, Washer
DiningEat In Kitchen
AccessibilityNone

Exterior & lot

ExteriorFiber Board
RoofAge Over 8 Years
FoundationBlock
Foundation area709 sqft
Patio/porchPatio
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingDetached Garage, Gravel
Garage spaces1
Garage size394 sqft

Financial details

Annual taxes$1,371
Tax year2026
Taxes w/ assessments1510
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District206 - Alexandria
District number206
District phone3207622141
High schoolAlexandria
SODL flat fee brokerage
$2,370Estimated buyer credit
SODL platform fee $3,000Your buyer credit $2,370

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

$1,115/mo
Principal & interest$941
Property taxes$114
Home insurance (est.)$60
%
$35,800
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

616 Lake Street, Alexandria, MN, 56308

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Listing information

MLS #NST7138353
StatusPending
Last updatedSep 10, 2026, 9:37 PM
Originally listedSep 4, 2026, 12:04 PM
Listing officeRE/MAX Results

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.