429 4th Street S, Moorhead, MN 56560

$170,000
Property Type: Commercial Bedrooms: 2 Baths: 7 Lot Size (sq. ft.): 15,246 Status: Closed
Current Price: $170,000 List Date: 8/26/2025 Last Modified: 1/27/2026

Overview

Description

Investor Alert! Income-Generating 7-Plex – Priced to Sell! Looking to break into the rental market or expand your portfolio? This well-maintained 7-unit multifamily property is a golden opportunity you won’t want to miss. Featuring 5 efficiency apartments and 2 spacious 1-bedroom, 1-bathroom units, this property offers steady cash flow and excellent tenant appeal. Conveniently located near colleges, parks, and major amenities, it’s perfectly positioned for high rental demand. Tenants will appreciate the ample parking, and you'll appreciate the strong return on investment this property delivers. With a competitive price and unbeatable potential, this is your chance to step into a profitable real estate venture. Schedule your showing today! Total rents are $3100 a month.

Listing Details MLS# 6778067

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
7
Owner Occupied
No
Waterfront Present
No
Year Built
1910
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
1588
For Sale or Lease
For Sale
Acres
0.35
Lot Dimensions
irregular
Garage Stalls
0

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Commercial Exterior: Wood Financing Terms: Cash Fuel: Electric Heating: Baseboard Lock Box Type: Supra On Site Utilities: Electric Common; Electric Separate Owner Pays: Common Area Maintenance; Lawn; Lawn Parking Characteristics: Gravel Lot Rental License Type: Standard Sewer: City Sewer/Connected Stories: Two Tenant Pays: All Utilities Water: City Water/Connected

Contract Information

Off Market Date
2025-09-22
Closed Date
2025-10-09
Sales Close Price
170000
Contingency
None
ListPrice
225000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
429
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
1251
Assessment Installment
231
Tax With Assessments
4725.93

Building Information

Building Finished SqFt
3344
Building SqFt
3848

More Information

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
FMR
Supra
Yes

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
48
Section#
08
Township#
139

Sale Options

Sale Includes
Building

Unit 1

Unit Number
Yes
Monthly Rent
550
Three-Quarter Baths
Yes
Total Bathrooms
Yes
Total Bedrooms
Yes
Leased?
Yes
Lease Expiration Date
2025-09-26
No. of 1 Bedroom Units
2

Unit 2

Full Baths
Yes
Lease Expiration Date
2025-09-26
Leased?
Yes
Monthly Rent
450
Total Bathrooms
Yes
Unit Number
2

Unit 3

Lease Expiration Date
2025-09-15
Leased?
Yes
Monthly Rent
450
Three-Quarter Baths
Yes
Total Bathrooms
Yes
Total Bedrooms
Yes
Unit Number
3

Unit 4

Lease Expiration Date
2025-09-26
Leased?
Yes
Monthly Rent
450
Three-Quarter Baths
Yes
Total Bathrooms
Yes
Unit Number
4

Unit 5

Lease Expiration Date
2025-09-26
Leased?
Yes
Monthly Rent
370
Three-Quarter Baths
Yes
Total Bathrooms
Yes
Unit Number
5

Unit 6

Lease Expiration Date
2025-09-26
Leased?
Yes
Monthly Rent
430
Three-Quarter Baths
Yes
Total Bathrooms
Yes
Unit Number
6

Unit 7

Lease Expiration Date
2025-08-29
Leased?
Yes
Level
2nd Level
Monthly Rent
400
Three-Quarter Baths
Yes
Total Bathrooms
Yes
Unit Number
7

Unit Details

Total Units
7

Unit Information

No. of Efficiency Units
5

Office/Member Info

Association
FMR

Location, Tax and Other Information

Legal Description
SUBDIVISIONNAME WHITES 2ND ADD LOT 105 BLOCK 006 SUBDIVISIONCD 58848 ALL OF LOTS 105-107 & S10' OF LOT 108 BLK 6
Listing City
Moorhead
Map Page
999
Municipality
Moorhead
School District
Moorhead
School District Phone
218-284-3300
Zip Plus 4
3669
Property ID Number
588480520
Tax Year
2025
Tax Amount
3474.93
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Investor Alert! Income-Generating 7-Plex – Priced to Sell! Looking to break into the rental market or expand your portfolio? This well-maintained 7-unit multifamily property is a golden opportunity you won’t want to miss. Featuring 5 efficiency apartments and 2 spacious 1-bedroom, 1-bathroom units, this property offers steady cash flow and excellent tenant appeal. Conveniently located near colleges, parks, and major amenities, it’s perfectly positioned for high rental demand. Tenants will appreciate the ample parking, and you'll appreciate the strong return on investment this property delivers. With a competitive price and unbeatable potential, this is your chance to step into a profitable real estate venture. Schedule your showing today! Total rents are $3100 a month.
Directions
On 4th st so. Can park on 5th Ave next to the park

Accessible

None
Yes

Amenities Shared

Coin-op Laundry Owned
Yes

Construction Status

Previously Owned
Yes

Exterior

Wood
Yes

Financing Terms

Cash
Yes

Fuel

Electric
Yes

Heating

Baseboard
Yes

Owner Pays

Common Area Maintenance
Yes
Lawn
Yes

Parking Characteristics

Gravel Lot
Yes

Rental License Type

Standard
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Tenant Pays

All Utilities
Yes

On Site Utilities

Electric Common
Yes
Electric Separate
Yes

CMU Style

Apartments/Multi Family
Yes

Current Use

Commercial
Yes

Documents

IDX
Listing Office: Krabbenhoft Real Estate Team
Last Updated: January - 27 - 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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