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Neal Lawson

neal@mndreamteam.com +1(612) 418-5892

$ 275,000

Est. payment -/mo

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Active

1002 5th ST N Fargo, ND 58102

5 Beds

4 Baths

2,855 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,855 sqft

Price per Sqft $96

Subdivision Truesdells 2Nd

MLS Listing ID 7017918

Bedrooms 5

Year Built 1900

Annual Tax Amount $4,224

Tax Year 2025

Contingent None

Lot Size 6,926 Sqft

Lot Dimensions 49.5x140

Property Sub-Type Fourplex

Property Description

Fantastic Investment Opportunity in North Fargo! Well-located, fully rented 4-plex with a strong rental history and current monthly income of $3,325. All units have been freshly painted, and retro foam insulation was added in 2024, complete with a transferable lifetime warranty. The property features three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. Units 3 and 4 are furnished, and sellers will leave the furnishings as-is, adding immediate value and flexibility for investors. Tenants enjoy a 3-stall garage plus a wide driveway offering additional off-street parking. Recent updates include new refrigerators in Units 1 and 3, a new stove in Unit 2, new electric baseboard heating in the storage room, and a new washer in the shared laundry room. The gutters were professionally cleaned in 2024. A well-maintained, turn-key rental property ready to add to your portfolio! Call your favorite Realtor today!

Location

State ND

County Cass

Zoning Residential-Multi-Family

Rooms

Basement Block

Interior

Heating Baseboard

Fireplace No

Laundry Common Area

Exterior

Parking Features Detached Garage, Concrete

Garage Spaces 3.0

Fence None

Pool None

Roof Type Age 8 Years or Less,Asphalt

Building

Lot Description Corner Lot

Story Two

Foundation 900

Sewer City Sewer - In Street

Water City Water - In Street

Level or Stories Two

Structure Type Brick

New Construction false

Schools

High Schools Fargo North

School District Fargo

Listed by May Wu • REALTY XPERTS

NEARBY SCHOOLS & PROPERTIES

Neal Lawson

Broker Associate | License ID: 502039225

+1(612) 418-5892

Neal Lawson

1002 5th ST N Fargo, ND 58102

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

NEARBY SCHOOLS & PROPERTIES

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