515 7th Street S, Moorhead, MN 56560

$245,000 Asking Price

4 beds
2 baths
2,291  sqft
Built in 1904

Excellent investment opportunity! Charming character home with a tenant already in place & a strong rental history. Located just a block north of Concordia College this home offers four bedrooms with a bonus loft and bonus room in basement (potential for 5th bedroom), two bathrooms, beautiful hardwood floors, oak staircase, large kitchen, dining room w/ fireplace, living room & enclosed front porch. Single stall garage with alley parking. Close proximity to shopping, parks, and schools makes it convenient for both investors and tenants. Check this one out today! Home currently rents for $1,795/month and is rented out through June of 2025. Please provide a 24-hour notice for showings.


Features & Amenities

Interior

Rooms:
Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom, Bonus Room, Bedroom 4, Laundry
Master Bath:
3/4 Basement,Upper Level Full Bath
Appliances:
Dishwasher, Dryer, Gas Water Heater, Range, Refrigerator, Washer
Dining:
Separate/Formal Dining Room
Basement:
Egress Window(s), Single Tenant Access, Storage Space
Flooring:
Carpet, Hardwood, Tile
A/C:
Wall Unit(s)
Heating:
Baseboard, Fireplace(s), Hot Water, Other
Fireplace:
Gas, Fireplace, Fireplaces: 1

Exterior

Parking:
Detached

Construction

General:
Two

Location

HOA Amenities:
0.0
Originating MLS:
northstar
School District:
Moorhead
County:
Clay

Lot

Zoning:
587540120
Fencing:
Partial

Utilities

Water:
City Water/Connected
Sewer:
City Sewer/Connected

Financial

Source:
northstar
Listing Agent Compensation:
0.0000 %
Buyers Agent Compensation:
2.50 %

This listing courtesy of:
Beyond Realty

About Moorhead, MN

Housing

Number of Units
20,267
Median Home Value
$212,937
Median Rent
$761

40.98% of housing units are renter occupied.

6.60% are vacant.

Commute

Car
68.66%
Public Transportation
1.20%
Walk to Work
1.66%
Work from Home
26.99%
Other
0.72%

The median travel time to work is 14 minutes.

People

Population
46,061
Median Age
32.40
Median Household Size
2.59

Education

High School
19.34%
Associate’s Degree
15.96%
Bachelor’s Degree
26.29%
Graduate Degree
11.54%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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