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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!
Full Property Details
Full Property Details for 1002 5th St N
General
- Taxes: $4,224 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7017918
- Added to Site: 196 day(s) ago
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: Detached Garage, Concrete
School Information
- School District: ND09001 - Fargo
- High School District: Fargo
- High School: Fargo North
Heating & Cooling
- Heating Type: Baseboard
- Heating Fuel: Electric
Utilities
- Sewer: City Sewer in Street
- Water: City Water (In-Street)
Financial Considerations
- Tax Amount: $4,224
- Tax Year: 2025
- Terms: Conventional, Cash
- Owner Pays: Common Area Maintenance, Electricity, Exterior Maintenance, Gas, Hot Water, Insurance, Grounds Care, Other, Repairs, Sewer, Taxes, Trash Collection, Water
- Tenant Pays: Electricity, Heat
- Pays Electric: Tenant Pays
- Pays Gas: Owner Pays
- Pays Heat: Tenant Pays
- Pays Trash: Owner Pays
- Pays Water: Owner Pays
Disclosures and Reports
- Legal Description: TRUESDELLS 2ND LOT 12 BLK 1
- Property ID: 1328000120000
Listed by Realty Xperts
Sold by RE/MAX Legacy Realty
Listing agent
— 1002 5th St N —
Realty Xperts
NMLS#: 1598647Get Pre-Approved Today
1002 5th Street N, Fargo, ND 58102 (MLS# 7017918) is a Multi-Family property that was sold on August 07, 2026. Want to learn more about 1002 5th Street N? Do you have questions about finding other Multi-Family real estate for sale in Fargo? You can browse all Fargo real estate or contact a Coldwell Banker agent to request more information.