1002 5th Avenue S, Moorhead, MN 56560
6 Beds | 4 Baths | 1,399 Sq Ft | Home | MLS# 7067743
Price Reduced — was $340,000 (↓ $25,000) · M Markdowns
Is 1002 5th Avenue S a Good Deal?
BuyPulse Verdict
Premium Pricing
At $225/sqft — This home is priced 118% above similar Moorhead multifamily homes of $103/sqft.
Powered by the Realgorithm™ — 8 active Moorhead listings · NorthstarMLS
$2,085/month Estimated
- Principal & interest
- $1,593
- Property taxes
- $303
- Home insurance (est.)
- $184
- Special assessments
- $5
- HOA dues
- None
20% down ($63,000) · 30-yr fixed, 6.5% · Can I afford this home?
Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.
50 earns the badge · a typical active home here scores ~14
This home has sat well past the local pace — time is working in a buyer's favor.
- 122 days on market — more than double the usual 42 days
- Price cut 7.4% (−$25,000)
- No negative signals found in the listing history
MMR track record: Offer-Ready homes closed a median 13% below their highest asking price — vs 3% for non-flagged reduced homes. MMR analysis of 29 vs 742 NorthstarMLS sales, updated monthly.
How the 0–100 Offer-Ready Score works →
Offer-Ready Score is a Modern Market REALTORS® calculation from NorthstarMLS listing data — not MLS-provided data.
Located in Highland Add 1, Moorhead, MN.
About This Home
Discover a prime investment opportunity in Moorhead, MN, with this remarkable. property. Boasting a 4,675 SF building featuring 4 units plus a 2 stall garage, this well- maintained complex offers a prime location across the street from MSUM and 100% occupancy. With its desirable attributes, including ample space and high occupancy, This property offers a sound investment opportunity in the thriving Moorhead area.
Key Features
- Property Type
- Fourplex
- Year Built
- 1954
- Above Grade
- 1,399 sq ft
- Lot Size
- 0.21 acres
- Garage
- 2-car
- Heating
- Baseboard
- Sewer
- City Sewer - In Street
- Water
- City Water - In Street
- Annual Taxes
- $3,632
- Special Assessments
- $56
- School District
- Moorhead Area Public Schools
- Assigned Elementary School
- Probstfield Elementary
- Assigned Middle School
- Horizon Middle School
- Assigned High School
- Moorhead High School
- County
- Clay
- Days on Market
- 121
1002 5th Avenue S is listed in Moorhead, MN, part of Clay County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1002 5th Avenue S
Associate Broker · Modern Market REALTORS®
Your Moorhead real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by KW Inspire Realty Keller Williams · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7067743 · Data refreshed August 30, 2026
Similar Homes for Sale Near 1002 5th Avenue S, Moorhead, MN
Frequently Asked Questions About 1002 5th Avenue S
- What schools is 1002 5th Avenue S zoned to?
- 1002 5th Avenue S is zoned to Probstfield Elementary (elementary), Horizon Middle School (middle school), and Moorhead High School (high school). Attendance boundaries change — confirm your exact address with the district before you rely on it.
- Is $315,000 a good price for a home in Moorhead?
- According to BuyPulse, 1002 5th Avenue S rates Premium Pricing — at $225/sqft it's priced 118% above similar Moorhead multifamily homes of $103/sqft. Powered by the Realgorithm™. Browse Moorhead homes for sale to compare.
- What are the special assessments at 1002 5th Avenue S — and what do they mean?
- This property has $56/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $3,632/yr. Always factor both into your total monthly housing cost before making an offer.
- What type of heating and cooling does 1002 5th Avenue S have?
- 1002 5th Avenue S has Baseboard heating.
- Where is 1002 5th Avenue S located?
- 1002 5th Avenue S is in the Highland Add 1 neighborhood of Moorhead, MN 56560, in Clay County. It's in the Moorhead Area Public Schools.
- Is 1002 5th Avenue S still available?
- Yes — 1002 5th Avenue S is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1002 5th Avenue S built?
- 1002 5th Avenue S was built in 1954. It features a other foundation.
- What utilities serve 1002 5th Avenue S?
- Electric and gas at 1002 5th Avenue S are provided by Moorhead Public Service and Xcel Energy. Water, sewer, and garbage are handled by Moorhead Public Service and City of Moorhead. Internet options include Midco, 702 Communications and CenturyLink. Full Moorhead utility setup guide — phone numbers and move-in timeline →
- Is 1002 5th Avenue S near a golf course?
- Yes — The Meadows (public course) is about 1.3 miles from 1002 5th Avenue S. It's the closest golf course in the Fargo-Moorhead metro.
- How walkable is 1002 5th Avenue S?
- 1002 5th Avenue S has a Walk Score of 76/100 (Very Walkable) and a Bike Score of 69/100 (Somewhat Bikeable). Scores provided by Walk Score® →
- What does "M Markdowns" mean?
- M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Moorhead area.