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Active NEW!
$350,000
/mo Edit
Multi-family:  Duplex Side by Side
7 br • 4 ba • Built 1956
3,380 sqft • 0.31 acres
Moorhead schools
MLS# 7074797
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    Property Description

    Spacious duplex directly across from Minnesota State University Moorhead in an unbeatable location with strong rental potential. This turnkey investment property features two large units — one offering 3 bedrooms and 2 bathrooms, and the other featuring 4 bedrooms and 2 bathrooms. Both units have been freshly updated with brand new paint and carpet throughout, making them move-in ready for tenants or owner-occupants. The property sits on a huge lot with a large driveway providing ample off-street parking, plus a rare 3-stall garage for additional tenant convenience and storage. Currently vacant, this is the perfect opportunity to set your own rents, house hack, or add a high-demand rental property to your portfolio. With its prime location near campus, generous layout, and recent renovations, this duplex offers an excellent chance to build long-term wealth and cash flow.

    Listing

    Contingency: None
    Price per sq ft: $104
    City: Moorhead
    County: Clay
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 56560
    Subdivision Name: Borstads 1st Add

    Interior

    Living Area: 3,380 ft2
    Basement Details: Full

    Exterior

    Stories: One
    Garage Spaces: 3
    Foundation Size: 1,880 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Detached Garage
    Roof Details: Age 8 Years or Less

    Rooms

    Shared Rooms: Other
    Laundry: Laundry Room

    Lot & Land

    Acres: 0.31
    Geolocation: 46.864823, -96.756899
    Lot Dimensions: 90 X 150

    Schools

    School District: 152
    District Phone: 2182843300

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $3,200
    Annual Maintenance Expense: $1,000
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $4,021
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,574

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System:
    • Natural Gas
    • Oil
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of REALTY XPERTS.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.