$874,500
SOLD FEB 28, 2025

500 2nd St SW Twin Valley, MN 56584

-- Bed
-- Bath
16,008 Sq Ft
1.5 Acres

Recently Sold

$55 Per Sq Ft

2% Below List Price

109 Days on Market

Highlights

  • 15 Car Detached Garage
  • Accessible Entrance
  • Boiler Heating System

About This Home

As of February 2025

Great investment opportunity! This well kept 15 unit apartment complex features 3-1 bedroom, 10-2 bedrooms and 2-3 bedrooms. This property is perfect for an owner/operator with very little upkeep. Call today for your private showing!

Last Agent to Sell the Property

Lee Roggenkamp

KW Inspire Realty Keller Williams Listed on: 10/11/2024

KW Inspire Realty Keller Williams

Co-Listed By

Jason Harmon

KW Inspire Realty Keller Williams

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,364

Year Built

  • Built in 1993

Parking

  • 15 Car Detached Garage

Home Design

  • 16,008 Sq Ft Home
  • Vinyl Construction Material

Utilities

  • Boiler Heating System
  • Separate Meters

Additional Features

  • Accessible Entrance
  • 1.5 Acre Lot

Community Details

  • 15 Units
  • Urdahls Add Subdivision
  • Property managed by PTM

Listing and Financial Details

  • Assessor Parcel Number 328733001

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,364

Year Built

Built in 1993

Lot Details

0

Parking

15

Listing Details

  • Prop. Type: Commercial
  • Lot Size Acres: 1.5
  • Lot Size: 255x255?
  • Co List Office Mls Id: 252270
  • Co List Office Phone: 701-356-5000
  • Inclusions: Building, Land
  • Subdivision Name: Urdahls Add
  • Year Built: 1993
  • General Property Information Zoning3: Residential-Multi-Family
  • General Property Information:Acres: 1.5
  • Location Tax and Other Information Tax Year2: 2024
  • Location Tax and Other Information Tax Amount: 11364.0
  • Location Tax and Other Information In Foreclosure: No
  • Location Tax and Other Information Lender Owned: No
  • General Property Information Year Built2: 1993
  • General Property Information Lot Dimensions: 255x255?
  • Exterior:Vinyl2: Yes
  • Lease Details Land Leased: Not Applicable
  • Ownership Fractional Ownership3: No
  • Building Information Building Finished SqFt: 16008
  • Unit Details Total Units: 15
  • On Site Utilities Electric Separate2: Yes
  • CMU Style ApartmentsMulti Family: Yes
  • General Property Information Management Company Name: PTM
  • Accessible Accessible Entrance: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Accessible Entrance, Other

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 15.0
  • Parking Features: Detached Garage
  • Parking Characteristics Detached Garage: Yes

Utilities

  • Heating: Boiler
  • Heating Yn: Yes
  • Sewer: City Sewer - In Street
  • Utilities: Electric Separate
  • Water Source: City Water/Connected
  • Heating Fuel:Natural Gas: Yes
  • Heating:Boiler: Yes

Lot Info

  • Current Use: Other, Residential, Resort
  • Lot Size Sq Ft: 65340.0
  • Parcel #: 328733001
  • Zoning: Residential-Multi-Family

Tax Info

  • Tax Annual Amount: 11364.0

Range of Values:

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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
05/29/2025 05/29/25 Off Market $874,500 -- --
02/28/2025 02/28/25 Sold $874,500 -0.1% $55 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
10/22/2024 10/22/24 Price Changed $875,000 -2.2% $55 / Sq Ft
10/11/2024 10/11/24 For Sale $895,000 -- $56 / 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: 6616879