204 4 Street NW, Dilworth, MN 56529 (MLS# 7368565)

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204 4 Street NW, Dilworth, MN 56529

$255,000

Property Type: Multi-Family Square Footage: 3,360 Lot Size (sq. ft.): 11,761 Status: Closed

Current Price: $255,000 List Date: 11/29/2023 Last Modified: 4/30/2025

Overview

Description

Great investment opportunity - Just minutes away from the Fargo/Moorhead area - this fully occupied 4-plex offers lucrative income potential. Whether you're experienced in real estate investing or a first-time investor, this 4-plex is a promising addition to your portfolio. Includes on site laundry, as well as extra storage closets in the halls for the tenants convenience. Some updates include a new water heater (replaced in 2022) and newer windows in the lower units. Contact your agent and come check out this investment opportunity!, Unit 1 Total Baths: 1, Unit 2 Total Baths: 1, Unit 3 Total Baths: 1, Unit 4 Total Baths: 1, Income/Expenses: (Total Income: 2720.00, Management: 190.00, Utilities: 3763.00, Maintenance: 833.00, Other: 1279.00, Wages: 900.00)

Listing Details MLS# 7368565

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Year Built: 1963
Yearly/Seasonal: Yearly
Above Ground SqFt: 1680
Below Grd Total SqFt: 1680
Total SqFt: 3360
Total Finished Sqft: 3360.00
Lot Dimensions: 155x75
Acres: 0.27
Assessment Pending: No

Property Features

Disclosures: Seller's Disclosure Available Financing Terms: VA Owner Pays: Heat Showing Requirements: Showing Service Tenant Pays: Electricity

Contract Information

Digitally Altered Photos: No
Exclusions: Personal property
Off Market Date: 2024-01-14
Contingency: None
Closed Date: 2024-02-09
Original List Price: 248000
ListPrice: 248000
Sales Close Price: 255000
Auction?: No

Location Tax and Other Information

House Number: 204
Street Name: 4
Street Suffix: Street
Street Direction Suffix: NW
Postal City: Dilworth
County: Clay
State: MN
Zip Code: 56529

Assessments

Assessment Balance: 5832.33
Assessment Installment: 823.48

Building Information

Finished SqFt Above Ground: 1680
Finished SqFt Below Ground: 1680

More Information

Income and Expenses

Annual Gross Income: 2720
Annual Insurance Expense: 100
Annual Maintenance Expense: 6965
Total Annual Expenses: 7065

Ownership

Fractional Ownership: No

Unit 1

Furnished?: N
Leased?: Y
Unit Number: Yes
Annual Rent: 9000
Finished SqFt: 840
Monthly Rent: 750
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2

Unit 2

Furnished?: N
Leased?: Y
Unit Number: 2
Annual Rent: 8700
Finished SqFt: 840
Monthly Rent: 725
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2

Unit 3

Furnished?: N
Leased?: Y
Unit Number: 3
Finished SqFt: 840
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2

Unit 4

Furnished?: N
Leased?: N
Unit Number: 4
Annual Rent: 5940
Finished SqFt: 650
Monthly Rent: 495
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes

Unit Details

Total Units: 4

Listing Office: Beyond Realty

Last Updated: April - 30 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.