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Four-Unit Residential Income Property
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1002 5th Ave S, Moorhead, MN 56560

Well-maintained four-unit income building with a two-stall garage and 100% occupancy.

Property Size4,675 SF
Price / SF$67.38
Days on Market123

Property Features for 1002 5th Ave S

General Information

Standard status Active
Size 4,675 SF
Property subtype Multifamily
Occupancy 100%
Investment Type Stabilized

Additional Details

Multifamily Units 4

Building Details

Year Built 1954
Units 4
Tenancy Multi
Listing Agency: KW Commercial Fargo-Moorhead
Listed By: Jason Harmon · License #ND
Source: Crexi
Added: May 7 Changed: Aug 13 Last Checked: Sep 6 at 3:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Fargo-Moorhead

Investment Insights

Based on property information with market context.

This four-unit residential income property consists of a 4,675 SF building and includes a 2-stall garage. The complex is described as well-maintained and is currently operating at 100% occupancy.

Located at 1002 5th Ave S in Moorhead, MN, the property sits across the street from MSUM, placing it in close proximity to a major educational campus.

For buyers seeking a small multifamily asset, this quadplex configuration offers four separate units within one building, along with on-site garage parking for residents or tenants.

Key Highlights

  • 4,675 SF four‑unit income building built in 1954
  • 100% occupancy reported
  • Property includes a 2‑stall garage

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,044
Businesses Nearby

Demographics for 56560, MN

44,205
Population
19,366
Households
2.3
Avg Household Size
34
Median Age
42%
College-Educated
95%
High-School Grad
157.4 sq mi
ZIP Area
281
Density / Sq Mi
$71,114
Median Household Income
$42,072
Median Earnings
$1,019
Median Rent
$248,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Well-maintained four-unit income building with a two-stall garage and 100% occupancy.
Where is this quadplex located?
The property is located at 1002 5th Ave S Moorhead, MN.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 4,675 SF four‑unit income building built in 1954; 100% occupancy reported; Property includes a 2‑stall garage
More about this property
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