Lori Gustafson

721 Cedar Street

Alexandria, MN
$ 395,000 Beds 3 Baths 3 Sq 4,240
Monthly Estimate* How much can I afford?

Welcome home to the Historic West side of Alexandria. This Craftsman Bungalow style has a large screened in porch into the open living room and formal dining room. The kitchen has been recently updated with a walk out to the deck. This one and one-half story has a field stone or lake boulder porch base, porch columns, and exterior chimney; unique curved rafters that support the eaves; two gables and unique cement window sills. The home was built in 1915 and is listed in the historical registry. The private fenced in yard is ideal for a family with a dog. Other features include the open living spaces, gas fireplace, claw foot tub, beautiful woodwork, and wood floors. Main floor also has a bedroom, library/den and a 3/4 bath. Upstairs features a large owner's suite with built in wardrobe cabinets, shelves, fireplace, a secret storage room, a large bathroom, and another bedroom. Updates include a new bathroom remodel in the basement, new water softener in 2025, new water heater in 2024, and steel gutters. There is ample living space in the basement, An updated boiler, insulation, and steel siding make this home energy efficient. Set up your showing today.

Single Family

  • Price
  • $ 395,000
  • City
  • Alexandria
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • DOUGLAS
  • Half Bathrooms
  • 0
  • Area
  • Original Alexandria
  • Lot Size
  • 0.41 Acres
  • Zip
  • 56308
  • Sqr Footage
  • 4,240
  • Year Built
  • 1915
  • Taxes
  • $ 3756
  • Style
  • Single Family
  • MLS#
  • 7088528
Listed By: LPT Realty, LLC
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 4240
Sewer City Sewer/Connected
Heating Boiler,Fireplace(s),Radiant
Cooling Ductless Mini-Split
Roof Asphalt
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
Garage Spaces 2
Year Built 1915
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Douglas
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Original Alexandria
Directions Downtown Alexandria,Right on 10th follow to Cedar. Right on Cedar,follow signs. Best to park in back lane way in front of garage. Enter from back deck.
City Alexandria
High School District Alexandria
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 3756
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Deck,Hardwood Floors,Natural Woodwork,Porch,Skylight
PostalCity Alexandria

Interior Features

Basement Full,Walkout
Total Fireplaces 1
Fireplace Features Electric,Gas,Living Room
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2860
3/4 Baths 3
Laundry Features In Basement
Total Bedrooms 3
Below Grade Finished Area 1380
Total Baths 3
Bath Desc Main Floor 3/4 Bath,Upper Level 3/4 Bath
Dining Room Description Kitchen/Dining Room
Fuel Electric,Natural Gas
Garage Dimensions 26 x 24
Garage Square Feet 624

Exterior Features

Fencing Split Rail
Parking Features Detached Garage
Lot Features Corner Lot,Tree Coverage - Medium
Water Source City Water - In Street
Lot Size Area 0.41
Building Area Total 4240
Lot Dimensions 150 x 120 x 150 x 120
Waterfront Y/N No
Foundation Area 1380
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/12/2026 Listed $449,000
7/1/2026 5% - $429,000
7/8/2026 3% - $419,000
7/27/2026 3% - $410,000
8/16/2026 3% - $400,000
8/20/2026 2% - $395,000

Property vs Zip Code Average in 56308

Price
AVG $440K
$400K
Taxes
AVG $6,324
$3,756
Year Built
AVG 1987
1915
Visits
AVG 77
208
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

721 Cedar Street Alexandria, MN is a Single Family Home for sale at $395000 with 4240 sqft and a lot size of 0.41 Acres Acre(s). 721 Cedar Street Alexandria has 3 bedrooms, 3 baths and was built in 1915. The property's zip code is 56308 which is in Alexandria, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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