401 17th Street N, Moorhead, MN 56560

$276,000
Property Type: Multi-Family Bedrooms: 4 Baths: 2 Square Footage: 1,840 Lot Size (sq. ft.): 7,377 Status: Closed
Current Price: $276,000 List Date: 1/03/2026 Last Modified: 3/12/2026

Overview

Description

This fully leased duplex is the investment opportunity you've been looking for with an assumable mortgage at a 4.625% rate. Conveniently located near schools, restaurants, and breweries! Each unit (one up, one down) features 2 bedrooms, a full bathroom, in-unit laundry, in addition to the spacious kitchen, dining, and living spaces! Outside you'll find a 2 stall garage and deck. Bottom unit has a walk out patio. Whether you're looking for a property to add to your investment portfolio, renting out both sides, or choose to live in one side and rent out the other, this is the place! Check it out today!

Listing Details MLS# 7003811

General Property Information

Lot Measurement
Square Feet
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1978
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
920
Above Ground SqFt
920
Below Grd Total SqFt
920
Total SqFt
1840
Foundation Size
920
Lot Size SqFt
7377
Style
(MF) Duplex Up and Down
Total Finished Sqft
1840.00
Garage Stalls
2
Lot Dimensions
75x98
# Carport Spaces
0

Property Features

Accessible: None Amenities Shared: None Assumable Loan: Yes w/ Qualifying Construction Status: Previously Owned Existing Financing: FHA Exterior: Vinyl Financing Terms: Conventional Fuel: Electric Heating: Baseboard Laundry: In Unit Lock Box Type: None Lot Description: Corner Lot Owner Pays: Water Rental License Type: Standard Roof: Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Tenant Pays: Electricity Unit 1 Amenities: Deck Unit 1 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Wall Unit 2 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Bath Description: Full Basement Unit 2 Cooling: Wall Water: City Water/Connected

Contract Information

Off Market Date
2026-01-25
Contingency
None
Closed Date
2026-03-12
Original List Price
265000
ListPrice
265000
Sales Close Price
276000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
401
Street Name
17th
Street Suffix
Street
Street Direction Suffix
N
Postal City
Moorhead
County
Clay
State
MN
Zip Code
56560
Complex/Dev/Subdivision
Elders 1st Add

Assessments

Assessment Balance
571.31
Assessment Installment
142
Tax With Assessments
3090

Building Information

Finished SqFt Above Ground
920
Finished SqFt Below Ground
920

More Information

Income and Expenses

Annual Gross Expenses
22392
Annual Gross Income
28800
Annual Insurance Expense
2495
Annual Net Income
6408
Annual Water/Sewer Expense
1500
Total Annual Expenses
22392
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
48
Section#
04
Township#
139

Unit 1

Furnished?
No
Lease Expiration Date
2026-07-31
Leased?
Yes
Level
Main Level
Unit Number
Yes
Annual Rent
14400
Finished SqFt
920
Full Baths
Yes
Monthly Expense
933
Monthly Rent
1200
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
2

Unit 2

Furnished?
No
Lease Expiration Date
2026-04-30
Leased?
Yes
Level
Below Ground
Unit Number
2
Annual Rent
14400
Finished SqFt
920
Full Baths
Yes
Monthly Expense
933
Monthly Rent
1200
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
2

Unit Details

Total Units
2

Office/Member Info

Association
FMR

Location, Tax and Other Information

Legal Description
SUBDIVISIONNAME ELDERS 1ST ADD LOT 008 BLOCK 033 SUBDIVISIONCD 58218 E 75' OF LOTS 8 TO 11
Listing City
Moorhead
Map Page
999
Municipality
Moorhead
School District
Moorhead
School District Phone
218-284-3300
Zip Plus 4
7718
Property ID Number
582180200
Tax Year
2025
Tax Amount
2948
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
This fully leased duplex is the investment opportunity you've been looking for with an assumable mortgage at a 4.625% rate. Conveniently located near schools, restaurants, and breweries! Each unit (one up, one down) features 2 bedrooms, a full bathroom, in-unit laundry, in addition to the spacious kitchen, dining, and living spaces! Outside you'll find a 2 stall garage and deck. Bottom unit has a walk out patio. Whether you're looking for a property to add to your investment portfolio, renting out both sides, or choose to live in one side and rent out the other, this is the place! Check it out today!
Directions
From 1st ave N turn north onto 17th St N.

Accessible

None
Yes

Amenities Shared

None
Yes

Assumable Loan

Yes w/ Qualifying
Yes

Construction Status

Previously Owned
Yes

Existing Financing

FHA
Yes

Exterior

Vinyl
Yes

Financing Terms

Conventional
Yes

Fuel

Electric
Yes

Heating

Baseboard
Yes

Laundry

In Unit
Yes

Lock Box Type

None
Yes

Lot Description

Corner Lot
Yes

Owner Pays

Water
Yes

Patio, Porch and Deck Features

Covered
Yes
Deck
Yes

Rental License Type

Standard
Yes

Roof

Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

Tenant Pays

Electricity
Yes

Unit 1 Amenities

Deck
Yes

Unit 1 Appliances

Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Cooling

Wall
Yes

Unit 2 Appliances

Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 2 Bath Description

Full Basement
Yes

Unit 2 Cooling

Wall
Yes
IDX
Listing Office: REAL (2534 FGO)
Last Updated: March - 12 - 2026
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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