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313 7th Street S, Moorhead, MN 56560

$211,135
Property Type: Multi-Family Bedrooms: 7 Baths: 2 Square Footage: 3,600 Lot Size (sq. ft.): 7,405 Status: Closed
Current Price: $211,135 List Date: 1/07/2025 Last Modified: 10/01/2025

Overview

Description

Unmatched Cashflow in this duplex. This duplex has tons of character in a great South Moorhead location! Unit 1 - rented for $1300/mo - has been nicely updated and includes 3 great sized bedrooms, 1 bathroom, and in unit laundry. Unit 2 - rented for $1450/mo - has 4 bedrooms, 1 bathroom, and updated kitchen. Did I mentioned, ALL utilities paid by tenants!? Leases end at the end of Aug 2025. Brand New boiler Spring 2024. Plenty of parking as well. Basement is unfinished with laundry for unit 2. Schedule your showing today!

Listing Details MLS# 6645988

General Property Information

Lot Measurement
Acres
Lowest Rental Unit
Above Grade
Multiple PIDs?
No
Year Built
1900
Yearly/Seasonal
Yearly
Main Floor Total SqFt
1200
Above Ground SqFt
2400
Below Grd Total SqFt
1200
Total SqFt
3600
Foundation Size
1200
Style
(MF) Duplex Up and Down
Total Finished Sqft
3600.00
Lot Dimensions
50x150
Acres
0.17
Garage Stalls
0

Property Features

Accessible: None Basement: Brick/Mortar; Concrete Block Construction Status: Previously Owned Exterior: Vinyl Financing Terms: Conventional Foundation: Brick/Mortar; Concrete Block Fuel: Natural Gas Heating: Hot Water Laundry: In Basement; Main Level Sewer: City Sewer/Connected Showing Requirements: 24 Hour Notice; Appointment Only Stories: Two Water: City Water/Connected

Contract Information

Digitally Altered Photos
No
Off Market Date
2025-01-28
Contingency
None
Closed Date
2025-02-28
Original List Price
235000
ListPrice
235000
Sales Close Price
211135
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
313
Street Name
7th
Street Suffix
Street
Street Direction Suffix
S
Postal City
Moorhead
County
Clay
State
MN
Zip Code
56560
Complex/Dev/Subdivision
Original Townsite Moorhead

Assessments

Assessment Balance
396
Assessment Installment
90
Tax With Assessments
4236
Assessments Paid Seller
0

Building Information

Finished SqFt Above Ground
2400
Finished SqFt Below Ground
1200

More Information

Income and Expenses

Annual Gross Income
33000
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Expenses
0
Annual Insurance Expense
0
Annual Maintenance Expense
0
Annual Net Income
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0
Total Annual Expenses
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Section#
08
Township#
139

Unit 1

Furnished?
No
Leased?
Yes
Unit Number
Yes
Annual Rent
15600
Finished SqFt
1200
Full Baths
Yes
Monthly Rent
1300
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
3
Total Rooms
3

Unit 2

Furnished?
No
Leased?
Yes
Unit Number
2
Annual Rent
17400
Finished SqFt
1200
Full Baths
Yes
Monthly Rent
1450
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
4
Total Rooms
4

Unit Details

Total Units
2

Office/Member Info

Association
FMR

Location, Tax and Other Information

Legal Description
SUBDIVISIONNAME ORIGINAL TOWNSITE MOORHEAD SUBDIVISIONCD 58575 LOTS 7 & 8 101
Listing City
Moorhead
Map Page
999
Municipality
Moorhead
School District
Moorhead
School District Phone
218-284-3300
Zip Plus 4
2742
Property ID Number
585752380
Square Footage Source
Listing Agent
Tax Year
2024
Tax Amount
4146
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Unmatched Cashflow in this duplex. This duplex has tons of character in a great South Moorhead location! Unit 1 - rented for $1300/mo - has been nicely updated and includes 3 great sized bedrooms, 1 bathroom, and in unit laundry. Unit 2 - rented for $1450/mo - has 4 bedrooms, 1 bathroom, and updated kitchen. Did I mentioned, ALL utilities paid by tenants!? Leases end at the end of Aug 2025. Brand New boiler Spring 2024. Plenty of parking as well. Basement is unfinished with laundry for unit 2. Schedule your showing today!
Directions
7 St S

Accessible

None
Yes

Basement

Brick/Mortar
Yes
Concrete Block
Yes

Construction Status

Previously Owned
Yes

Exterior

Vinyl
Yes

Financing Terms

Conventional
Yes

Foundation

Brick/Mortar
Yes
Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Hot Water
Yes

Laundry

In Basement
Yes
Main Level
Yes

Patio, Porch and Deck Features

Porch
Yes

Sewer

City Sewer/Connected
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes
IDX
Listing Office: REAL (3961 WF)
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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