This classic single-story rambler home, located in Moorhead’s original subdivision, offers a rare opportunity for investors, renovators, or buyers looking to restore a property with long-term value potential. Set on a generous 1.14-acre lot, this home provides the space, privacy, and flexibility needed to create a custom residence or profitable investment project.
With 1,727 square feet of interior living space, the home features three bedrooms and one full bathroom, making it an ideal layout for a future family home, rental property, or resale renovation. The expansive lot size allows for outdoor improvements, additions, or landscaping upgrades rarely available at this price point.
Property Overview
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Price: $24,178 (approximately $14 per square foot)
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Tax Assessed Value: $63,959
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Annual Property Taxes: $2,024
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Year Built: 1932
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Condition: Sold As-Is (major renovation required)
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Living Area: 1,727 sq ft
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Lot Size: 1.14 acres (265’ x 187.5’)
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Zoning: Single-Family Residential
Interior Highlights
Inside, the home offers a solid footprint with hardwood and laminate flooring throughout, presenting strong renovation potential. The layout allows for an open-concept redesign, modern upgrades, or preservation of classic architectural details. A spacious front porch adds character and curb appeal once restored.
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Bedrooms: 3
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Bathrooms: 1 full bath
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Heating: None (buyer to install)
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Cooling: Window unit(s)
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Appliances: Not included
Exterior & Lot Features
The property includes a 1-car carport, a circular driveway, and additional uncovered parking. The large lot provides ample space for expansion, outdoor living areas, gardens, or future development improvements.
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Foundation: Conventional
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Roof: Composition shingles
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Construction: Frame with vinyl siding
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Additional Structures: Storage shed
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Fencing: None
Location Benefits
Located within Moorhead’s original town subdivision, this property benefits from established zoning and convenient access to local shops, services, and community amenities. The single-family residential zoning makes it suitable for traditional homeownership or long-term rental use.
Investment Potential
With a purchase price far below assessed value and a cost per square foot rarely seen in today’s market, this property represents a strong opportunity for investors or buyers seeking value-add real estate. Whether renovated for resale, rental income, or personal use, the upside potential is significant for those willing to take on a full renovation project.
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