NOT LISTED FOR SALE

1301 8th Ave N Moorhead, MN 56560

-- Bed
-- Bath
2,916 Sq Ft
7,500 Sq Ft Lot

Last Sold June 27, 2022

Last sale price $275,900 $95 Per Sq Ft

21 Days on Market

About This Home

As of June 2022

Back on the market! Rare investment opportunity! 4-plex with 2 stall garage in a quiet neighborhood across the street from Robert Asp and a huge park / soccer field. Purchase as an investment or House Hack and live in one unit while the other three units pay the mortgage. The apartment consists of two 3 bedroom / 1 bath units and two good sized efficiency units. Rents are: 775, 750, 375, 425 and ~ 85/mo from coin op laundry income. Each apartment pays their own utilities (Moorhead public service bill, includes heat and water heater). Each unit has their own water heater as well. Owner pays ~175/mo on average for common area utilities through Moorhead Public Service. This is a great investment and easy to manage. 3 long term tenants keep vacancy at or near zero., Unit 1 Total Baths: 1, Unit 2 Total Baths: 1, Unit 3 Total Baths: 1, Unit 4 Total Baths: 1, Income/Expenses: (Total Income: 27900.00, Utilities: 175.00)

Last Listed By

Jordell Baumbach

Baumbach Real Estate LLC Listed on: 04/21/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,138

Year Built

  • Built in 1978

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned Residential-Multi-Family

Parking

  • 2 Car Garage

Home Design

  • Poured Concrete
  • Asphalt Shingled Roof
  • Vinyl Construction Material

Schools

  • Moorhead High School

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 584941100

Community Details

Overview

  • Moores Subdivision

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,138

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Subdivision Name: Moores
  • Year Built: 1978
  • Exterior:Vinyl2: Yes
  • Unit 1 Annual Rent: 9300.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Poured Concrete

Exterior Features

  • Exclusions: None
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected

Schools

  • High School: Moorhead

Lot Info

  • Lot Size Sq Ft: 7500.0
  • Parcel #: 584941100
  • Zoning: Residential-Multi-Family
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity, Other

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 27900.0
  • Maintenance Expense: 175.0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $275,900 0.0% $95 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $275,900 -- $95 / Sq Ft
Source: Fargo-Moorhead Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fargo-Moorhead Area Association of REALTORS®

MLS Number: 7368450