For Sale: Moorhead MLS# 7143292
Active
NEW!
$339,900
Multi-family: Fourplex
3 br • 1 ba • Built 1963
3,824 sqft • 0.21 acres
Moorhead schools
MLS# 7143292
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Property Description
INVESTMENT OPPORTUNITY IN SOUTH MOORHEAD
Explore the opportunity to own a well-located fourplex in South Moorhead, just blocks from Minnesota State University Moorhead and near a brand-new park. The approximately 3, 824-square-foot property includes four 3-bedroom, 1-bath units and 2 double garages, offering flexible appeal for student housing, workforce housing, or traditional long-term rentals.
Each unit offers a generous layout with living, kitchen, and dining areas, while the property provides off-street parking, a large yard, and shared coin-operated laundry.
Four 3-bedroom units, a location near MSUM, and access to nearby amenities create a practical foundation for an income-producing multifamily investment.
Great opportunity for investors to add these 4 units to your investment portfolio!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$339,900
Price per sq ft:
$89
Property Type:
Multi-family
City:
Moorhead
Garage Spaces:
2
County:
Clay
Year Built:
1963
State:
MN
Property Style:
Fourplex
Zip Code:
56560
Subdivision Name:
Romkey Park Add
Interior
Bedrooms:
3
Bathrooms:
1
Finished Area:
3,824 ft2
Living Area:
3,824 ft2
Basement Details:
None
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
2
Foundation Size:
1,912 ft2
Handicap Accessible:
None
Heating System:
Baseboard
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.21
Geolocation:
46.863949, -96.749844
Lot Dimensions:
120 x 80
Schools
School District:
152
District Phone:
2182843300
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,170
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,624
Income
Annual Gross Income:
$48,840
Units
Total Units:
4
Miscellaneous
Fuel System:
Electric
Sewer System:
City Sewer - In Street
Water System:
City Water - In Street
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of KW Inspire Realty Keller Williams.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.