424 4th Street S, Moorhead, MN 56560

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1916
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1346
Above Ground SqFt: 2478
Below Grd Total SqFt: 1346
Total SqFt: 3824
Foundation Size: 1386
Style: (MF) Four Plex
Total Finished Sqft: 2478.00
Garage Stalls: 2
Lot Dimensions: 75x150
Acres: 0.26

Property Features

Accessible: None Basement: Concrete Block Construction Materials: Frame Construction Status: Previously Owned Exterior: Vinyl Financing Terms: FHA Foundation: Concrete Block Fuel: Electric Heating: Baseboard Laundry: None Lock Box Type: Combo Owner Pays: Lawn; Snow Removal Parking Characteristics: Parking Lot Rental License Type: Standard Roof: Architectural Shingle Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity Unit 1 Appliances: Dishwasher; Range; Refrigerator Water: City Water/Connected

Contract Information

Off Market Date: 2025-10-29
Contingency: None
Closed Date: 2025-12-12
Original List Price: 200000
ListPrice: 200000
Sales Close Price: 201000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 424
Street Name: 4th
Street Suffix: Street
Street Direction Suffix: S
Postal City: Moorhead
County: Clay
State: MN
Zip Code: 56560
Complex/Dev/Subdivision: Whites 2nd Add

Assessments

Assessment Balance: 1110.16
Assessment Installment: 201.44
Tax With Assessments: 2812

Building Information

Finished SqFt Above Ground: 2478

More Information

Income and Expenses

Annual Gross Income: 26700
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 Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: FMR
Combo: Yes

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 440
Parking Lot: Yes

Public Survey Info

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

Unit 1

Furnished?: No
Lease Expiration Date: 2026-05-31
Leased?: Yes
Level: Main Level
Unit Number: Yes
Annual Rent: 550
Finished SqFt: 700
Full Baths: Yes
Monthly Expense: 575
Monthly Rent: 575
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit 2

Furnished?: No
Lease Expiration Date: 2024-12-01
Leased?: Yes
Level: Main Level
Unit Number: 2
3/4 Baths: Yes
Annual Rent: 575
Finished SqFt: 700
Monthly Rent: 575
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 3

Unit 3

Furnished?: No
Lease Expiration Date: 2024-05-01
Leased?: Yes
Level: 2nd Level
Unit Number: 3
Annual Rent: 550
Finished SqFt: 650
Full Baths: Yes
Monthly Rent: 550
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 3

Unit 4

Furnished?: No
Lease Expiration Date: 2023-08-01
Leased?: Yes
Level: 2nd Level
Unit Number: 4
Annual Rent: 525
Finished SqFt: 650
Full Baths: Yes
Monthly Rent: 525
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 3

Unit Details

Total Units: 4

Office/Member Info

Association: FMR

Location, Tax and Other Information

Legal Description: SUBDIVISIONNAME WHITES 2ND ADD LOT 004 BLOCK 007 SUBDIVISIONCD 58848 LOTS 4-6 BLK 7
Listing City: Moorhead
Map Page: 999
Municipality: Moorhead
School District: Moorhead
School District Phone: 218-284-3300
Zip Plus 4: 5801
Property ID Number: 588480580
Tax Year: 2025
Tax Amount: 2610.56
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: This fully rented 4-plex is a solid addition to any portfolio. The property features two stories with a total of four units – each offering 1 bedroom and 1 bathroom. Two units are located on the main level, with two additional units upstairs. Tenants enjoy a well-maintained property with a nice concrete driveway, ample parking area, and a 2-stall garage for convenience. With all four units currently occupied, this property is already cash-flowing and provides immediate income for the next owner. Whether you’re looking to expand your investment portfolio or get started in multi-family ownership, this is a turnkey option that’s hard to beat.
Directions: N on 8th St S, W on 4th ave e, S on 4th St S

Accessible

None: Yes

Basement

Concrete Block: Yes

Construction Materials

Frame: Yes

Construction Status

Previously Owned: Yes

Exterior

Vinyl: Yes

Financing Terms

FHA: Yes

Foundation

Concrete Block: Yes

Fuel

Electric: Yes

Heating

Baseboard: Yes

Laundry

None: Yes

Owner Pays

Lawn: Yes
Snow Removal: Yes

Rental License Type

Standard: Yes

Roof

Architectural Shingle: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Tenant Pays

Electricity: Yes

Unit 1 Appliances

Dishwasher: Yes
Range: Yes
Refrigerator: Yes