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For Sale:  Moorhead MLS# 7092057

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Active
$250,000
/mo Edit
Multi-family:  Duplex Up and Down
8 br • 2 ba • Built 1948
2,676 sqft • 0.22 acres
Moorhead schools
MLS# 7092057
763-576-8286
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    Property Description

    Discover a well-updated multi-family property in a prime Moorhead location — just blocks from Minnesota State University Moorhead, making it an ideal opportunity for steady rental demand. This home features a brand-new roof with new shingles and gutters, plus a freshly renovated lower unit showcasing new flooring, modern paint, and a clean, move-in-ready feel. The upper unit is currently leased, providing immediate income, while the updated basement unit is open and ready for your next tenant or an owner-occupant looking to offset their mortgage. With its proximity to MSUM, Concordia College, parks, restaurants, and major bus routes, this property offers both convenience and long-term investment appeal. A versatile, income-producing opportunity in the heart of Moorhead.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $250,000
    Price per sq ft: $93
    Property Type: Multi-family
    City: Moorhead
    Garage Spaces: 0
    County: Clay
    Year Built: 1948
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 56560
    Subdivision Name: Schreibers Add

    Interior

    Bedrooms: 8
    Bathrooms: 2
    Finished Area: 2,676 ft2
    Living Area: 2,676 ft2
    Refrigerators: Two
    Basement Details:
    • Egress Window(s)
    • Finished
    • Full
    • Kitchenette

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,246 ft2
    Foundation Dimensions: 35 x 34
    Fencing: Partial, Wood
    Handicap Accessible: Wheelchair Ramp(s)
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features:
    • Concrete
    • Open
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Rooms

    Laundry: In Basement

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.22
    Geolocation: 46.869852, -96.757018
    Lot Dimensions: 150 x 62
    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

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,183
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,879

    Income

    Annual Gross Income: $13,080

    Units

    Total Units: 2

    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!

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    Listing provided by RMLS, courtesy of Krabbenhoft Real Estate Team.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.