Home Call Us About Login
Map Search Area Search MLS#/Addr Featured New Const. Local Info
My Account Buying Selling Title Mortgage Inspections

For Sale:  Moorhead MLS# 7073653

My notes for this property


Add listing to my favorites (required)
Active NEW!
$385,000
/mo Edit
Multi-family:  Fourplex
12 br • 4 ba • Built 1963
4,026 sqft • 0.207 acres
Moorhead schools
MLS# 7073653
763-576-8286
My rating:
Favorite
Ask Question
Request a Showing  
Agent
Ask the Agent℠

Ask the Agent℠

    Property inquiries submitted online are continually monitored to provide the best possible service.

    Terms & Conditions






    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Excellent investment opportunity with this well-maintained 4-plex apartment building, featuring four spacious 3-bedroom, 1-bath units and a strong rental history. This property offers solid cash flow and has seen numerous updates, including a new roof, new windows, updated bathroom fixtures, and some newer appliances, making it an attractive addition to any portfolio. Located directly across the street from a brand-new city park with a swimming pool, basketball courts, and playground equipment, this property combines dependable income potential with a highly desirable location tenants will appreciate. Contact your favorite Realtor and schedule a tour today!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $385,000
    Price per sq ft: $96
    Property Type: Multi-family
    City: Moorhead
    Garage Spaces: 0
    County: Clay
    Year Built: 1963
    State: MN
    Property Style: Fourplex
    Zip Code: 56560
    Subdivision Name: Romkey Park Add

    Interior

    Bedrooms: 12
    Bathrooms: 4
    Finished Area: 4,026 ft2
    Living Area: 4,026 ft2
    Refrigerators: Four
    Basement Details: Daylight/Lookout Windows

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 0
    Foundation Size: 2,013 ft2
    Fencing: Partial
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage:
    • City Street
    • Sidewalks
    Exterior Material:
    • Concrete
    • Frame
    Roof Details: Asphalt

    Rooms

    Laundry:
    • Common Area
    • Lower Level

    Lot & Land

    Acres: 0.207
    Geolocation: 46.863352, -96.749849
    Lot Dimensions: N/a
    Zoning: Residential-Multi-Family

    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
    Tenant Expenses: Electricity, Heat

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $3,964
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,456

    Income

    Annual Gross Income: $53,080
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $33,619

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    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!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    Listing provided by RMLS, courtesy of RE/MAX Legacy Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.