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Active NEW!
$259,000
/mo Edit
Multi-family:  Duplex Side by Side
6 br • 2 ba • Built 1953
2,376 sqft • 0.229 acres
Moorhead schools
MLS# 7136751
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    Property Description

    Turnkey duplex situated between Concordia College and MSUM! This well-maintained side-by-side 2-story offers 3 bedrooms and 1 bath per unit, hardwood floors, abundant natural light, spacious living areas with a comfortable, functional layout, free laundry, and off-street parking right behind the house. Recent updates include flooring, fresh paint, appliances, and a completed sewer line replacement, providing peace of mind for the new owner. Heat, snow removal & lawn care are paid by the Owner, while tenants are responsible for the rest, making this a straightforward and attractive rental property. The location is ideal for anyone wanting easy access to Concordia, MSUM and everything Moorhead has to offer, including shopping, dining, parks, entertainment, and convenient transportation. Whether you're looking to add a well-positioned property to your investment portfolio or searching for a duplex with strong tenant demand, 716-718 8th St S is a property worth a closer look!

    Listing

    Contingency: None
    Price per sq ft: $109
    City: Moorhead
    County: Clay
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 56560
    Subdivision Name: Decamps Add

    Interior

    Living Area: 2,376 ft2
    Basement Details: Block

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 440 ft2
    Foundation Size: 960 ft2
    Handicap Accessible: None
    Heating System: Hot Water
    Parking Features:
    • Detached Garage
    • Gravel

    Rooms

    Laundry: In Basement

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.229
    Geolocation: 46.866562, -96.767532
    Lot Dimensions: 166.5 x 60
    Zoning: Residential-Multi-Family

    Schools

    School District: 152
    District Phone: 2182843300

    Expenses

    Annual Caretaker Expense: $2,482
    Annual Electric Expense: $135
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Broadband, Cable TV, Electricity, Telephone

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,887
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,044

    Income

    Annual Gross Income: $34,886

    Rent

    Annual Net Income: $20,146

    Units

    Total Units: 2

    Miscellaneous

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

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    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 Modern Prairie Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.