1002 5th Avenue S, Moorhead, MN 56560

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Overview

Description

Discover a prime investment opportunity in Moorhead, MN, with this remarkable. property. Boasting a 4,675 SF building featuring 4 units plus a 2 stall garage, this well- maintained complex offers a prime location across the street from MSUM and 100% occupancy. With its desirable attributes, including ample space and high occupancy, This property offers a sound investment opportunity in the thriving Moorhead area.

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1954
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1399
Above Ground SqFt: 2798
Total SqFt: 2798
Foundation Size: 1399
Style: (MF) Four Plex
Total Finished Sqft: 1399.00
Garage Stalls: 2
Lot Dimensions: 60 x 150
Acres: 0.21
Assessment Pending: No

Property Features

Accessible: None Basement: None Construction Status: Previously Owned Exterior: Vinyl Financing Terms: FHA Foundation: Other Fuel: Electric Heating: Baseboard Lock Box Type: Combo Sewer: City Sewer - In Street Stories: Two Water: City Water - In Street

Contract Information

Off Market Date: 2026-09-21
Contingency: None
Closed Date: 2026-09-18
Original List Price: 360000
ListPrice: 315000
Sales Close Price: 280000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1002
Street Name: 5th
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Moorhead
County: Clay
State: MN
Zip Code: 56560
Complex/Dev/Subdivision: Highland Add 1

Assessments

Assessment Balance: 468
Assessment Installment: 55
Tax With Assessments: 3688

Building Information

Finished SqFt Above Ground: 1399

More Information

Income and Expenses

Annual Caretaker Expense: 3737
Annual Gross Expenses: 15246
Annual Gross Income: 34200
Total Annual Expenses: 15246

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 48
Section#: 08
Township#: 139

Unit 1

Furnished?: No
Leased?: Yes
Unit Number: Yes
Annual Rent: 9000
Full Baths: Yes
Monthly Rent: 750
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: Yes

Unit 2

Furnished?: No
Leased?: Yes
Unit Number: 2
Annual Rent: 8100
Full Baths: Yes
Monthly Rent: 675
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: Yes

Unit 3

Furnished?: No
Leased?: Yes
Unit Number: 3
Annual Rent: 9300
Full Baths: Yes
Monthly Rent: 775
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: Yes

Unit 4

Furnished?: No
Leased?: Yes
Unit Number: 4
Annual Rent: 7800
Full Baths: Yes
Monthly Rent: 650
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: Yes

Unit Details

Total Units: 4