For Sale: Moorhead MLS# 7061543
Active
$250,000
Multi-family: Fourplex
8 br • 4 ba • Built 1961
3,672 sqft • 0.19 acres
Moorhead schools
MLS# 7061543
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Property Description
Solid 4-plex in a high-demand rental location near campus, retail, and dining — ideal for investors looking to add cash-flowing residential units. Each of the four units offers 2 bedrooms, 1 bathroom, a full kitchen, and a comfortable living room. Shared laundry in the lower level adds everyday convenience for tenants. Schedule a showing today.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$250,000
Price per sq ft:
$68
Property Type:
Multi-family
City:
Moorhead
Garage Spaces:
0
County:
Clay
Year Built:
1961
State:
MN
Property Style:
Fourplex
Zip Code:
56560
Subdivision Name:
Romkey Park Add
Interior
Bedrooms:
8
Bathrooms:
4
Finished Area:
3,672 ft2
Living Area:
3,672 ft2
Refrigerators:
Four
Basement Details:
Finished
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
0
Foundation Size:
1,836 ft2
Foundation Dimensions:
33x52
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
Parking Lot
Shared Amenities:
Laundry
Exterior Material:
Frame
Roof Details:
Asphalt
Lot & Land
Acres:
0.19
Geolocation:
46.862974, -96.751572
Lot Dimensions:
70 x 120
Schools
School District:
152
District Phone:
2182843300
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,005
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$3,841
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,082
Income
Annual Gross Income:
$30,681
Rent
Annual Net Income:
$17,939
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer - In Street
Water System:
City Water/Connected
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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 REAL (1531 FGO).
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.