1222 3rd St S Moorhead, MN 56560
Estimated payment $1,789/month
Total Views
6,900
7
Beds
2.5
Baths
3,346
Sq Ft
$82
Price per Sq Ft
Highlights
- No HOA
- Laundry Room
- Dining Room
- Living Room
- Forced Air Heating System
About This Home
Don’t miss this unique investment opportunity just minutes from Concordia College! This large single-family home offers 7 bedrooms and 3 full bathrooms, with the flexibility to function as a duplex. Currently rented to a corporate tenant, it provides guaranteed rental income of $3,000 per month. Located in a quiet neighborhood close to schools, parks, shopping, and public transit. Perfect for investors looking for a property with excellent rental history and strong cash flow.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,404
Year Built
- Built in 1946
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 50 x 140
- Property is zoned Residential-Multi-Family
Parking
- 2 Car Garage
Home Design
- Block Foundation
- Vinyl Construction Material
Interior Spaces
- 1.5-Story Property
- Living Room
- Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
Basement
- Block Basement Construction
- Bedroom in Basement
Utilities
- Forced Air Heating System
Community Details
- No Home Owners Association
- Riverside Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 586650470
- $680 per year additional tax assessments
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,404 | $208,800 | $35,000 | $173,800 |
| 2023 | $3,198 | $199,100 | $35,000 | $164,100 |
| 2022 | $3,010 | $190,600 | $32,500 | $158,100 |
| 2021 | $3,030 | $174,400 | $30,000 | $144,400 |
| 2020 | $2,948 | $173,900 | $30,000 | $143,900 |
| 2019 | $2,746 | $172,900 | $30,000 | $142,900 |
| 2018 | $2,708 | $169,900 | $30,000 | $139,900 |
| 2017 | $2,678 | $167,400 | $27,500 | $139,900 |
| 2016 | $2,580 | $170,500 | $27,500 | $143,000 |
| 2015 | $2,266 | $144,000 | $23,700 | $120,300 |
| 2014 | $2,306 | $144,000 | $23,700 | $120,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Pending | -- | -- | -- |
| 07/26/2025 07/26/25 | For Sale | $275,000 | -- | $82 / Sq Ft |
Source: Fargo-Moorhead Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $27,400 | Stand Alone Second | |
| Previous Owner | $132,000 | New Conventional | |
| Previous Owner | $20,450 | Credit Line Revolving |
Source: Public Records
Similar Homes in the area
Source: Fargo-Moorhead Area Association of REALTORS®
MLS Number: 6761512
APN: 58.665.0470
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