, Moorhead, MN 56560 (MLS# 6778067)

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Moorhead, MN 56560

$170,000

Property Type: Commercial Bedrooms: 2 Baths: 7 Square Footage: 3,848 Lot Size (sq. ft.): 15,246 Status: Closed

Current Price: $170,000 List Date: 8/26/2025 Last Modified: 8/27/2026

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 YN: 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
Assessment Pending: No

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

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

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

Documents

Addendum to Purchase Agreement_ Disclosu ›

Disclosure Statement_ Sellers Disclosure ›

Moorhead Rent Rolls.pdf ›

429 4th St So Moorhead Financials.pdf ›

Listing Office: Krabbenhoft Real Estate Team

Last Updated: August - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.