208 16th Street S, Moorhead, MN 56560

$260,000
Property Type: Multi-Family Bedrooms: 6 Baths: 4 Square Footage: 3,314 Lot Size (sq. ft.): 10,019 Status: Closed
Current Price: $260,000 List Date: 8/24/2024 Last Modified: 10/01/2025

Overview

Description

GREAT investment opportunity conveniently located near Minnesota State University, Moorhead! This 4-plex features two 2-bedroom, 1-bath units, and two 1-bedroom, 1-bath units, providing a variety of living options for tenants. With shared laundry, a yard for outdoor enjoyment, and a slab for parking, this property meets essential tenant needs while requiring minimal upkeep. Tenants are responsible for their own heating and electricity, making this an appealing option for investors looking to start, or expand their portfolio. Call your favorite Realtor for a showing today!

Listing Details MLS# 6590970

General Property Information

# Carport Spaces
4
Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Year Built
1951
Yearly/Seasonal
Yearly
Main Floor Total SqFt
1657
Above Ground SqFt
1657
Below Grd Total SqFt
1657
Total SqFt
3314
Foundation Size
1657
Style
(MF) Four Plex
Total Finished Sqft
3314.00
Lot Dimensions
10030
Acres
0.23
Assessment Pending
Unknown
Garage Stalls
0

Property Features

Accessible: None Assumable Loan: Not Assumable Construction Status: Previously Owned Disclosures: Seller's Disclosure Available Existing Financing: Conventional Exterior: Vinyl Financing Terms: Conventional Fuel: Natural Gas Heating: Forced Air Laundry: Common Area Lock Box Type: Supra Possession: Immediate Rental License Type: Standard Roof: Asphalt Shingles Sellers Terms: Cash; Conventional; FHA Sewer: City Sewer/Connected Showing Requirements: 24 Hour Notice; Appointment Only Water: City Water/Connected

Contract Information

Digitally Altered Photos
No
Off Market Date
2024-11-26
Contingency
None
Closed Date
2024-12-12
Original List Price
260000
ListPrice
260000
Sales Close Price
260000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
208
Street Name
16th
Street Suffix
Street
Street Direction Suffix
S
Postal City
Moorhead
County
Clay
State
MN
Zip Code
56560
Complex/Dev/Subdivision
Schreibers Add

Assessments

Assessment Balance
825.13
Assessment Installment
108.47
Assessments Paid Seller
12.2
Tax With Assessments
3674

Building Information

Finished SqFt Above Ground
1657
Finished SqFt Below Ground
1657

More Information

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
FMR
Supra
Yes

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
48
Section#
09
Township#
139

Unit 1

Furnished?
No
Leased?
Yes
Unit Number
Yes
Annual Rent
7800
Full Baths
Yes
Monthly Rent
650
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit 2

Furnished?
No
Leased?
Yes
Unit Number
2
Annual Rent
6600
Full Baths
Yes
Monthly Rent
550
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit 3

Furnished?
No
Leased?
Yes
Level
Below Ground
Unit Number
3
Annual Rent
6600
Full Baths
Yes
Monthly Rent
550
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
4

Unit 4

Furnished?
No
Leased?
Yes
Unit Number
4
Annual Rent
7200
Full Baths
Yes
Monthly Rent
600
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
4

Unit Details

Total Units
4

Office/Member Info

Association
FMR

Location, Tax and Other Information

High School
Moorhead
Legal Description
SUBDIVISIONNAME SCHREIBERS ADD LOT 019 BLOCK 034 SUBDIVISIONCD 58721 ALL OF LOTS 19-20 & W100' OF LOT 21 BLK 34
Listing City
Moorhead
Map Page
999
Municipality
Moorhead
School District
Moorhead
School District Phone
218-284-3300
Property ID Number
587210790
Square Footage Source
County Records
Tax Year
2024
Tax Amount
3566
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
GREAT investment opportunity conveniently located near Minnesota State University, Moorhead! This 4-plex features two 2-bedroom, 1-bath units, and two 1-bedroom, 1-bath units, providing a variety of living options for tenants. With shared laundry, a yard for outdoor enjoyment, and a slab for parking, this property meets essential tenant needs while requiring minimal upkeep. Tenants are responsible for their own heating and electricity, making this an appealing option for investors looking to start, or expand their portfolio. Call your favorite Realtor for a showing today!
Directions
East on Main Ave. turn South on 16th St. S.

Accessible

None
Yes

Assumable Loan

Not Assumable
Yes

Construction Status

Previously Owned
Yes

Disclosures

Seller's Disclosure Available
Yes

Existing Financing

Conventional
Yes

Exterior

Vinyl
Yes

Financing Terms

Conventional
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Laundry

Common Area
Yes

Parking Characteristics

Garage Dimensions
No

Possession

Immediate
Yes

Rental License Type

Standard
Yes

Roof

Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes

Sewer

City Sewer/Connected
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes

Water

City Water/Connected
Yes

Income and Expenses

Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Expenses
0
Annual Gross Income
0
Annual Insurance Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0
Total Annual Expenses
0
IDX
Listing Office: REAL (405 FGO)
Last Updated: October - 01 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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