Date
Details
Price
Change
Source
5/14/2026
Listed
$315,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$315,000 Just Listed
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Property Description
This 4plex was built in 1984 BY THE OWNER. He's owned it for over 40 years. Gross monthly rent is currently $2,325. All units are month-to-month. Owner has kept rents low since the building has had long term tenants stay. Each unit has a garage stall. Current rents compared to market rents: Unit 1 (2 bed)-$600-->$750 Unit 2 (2 bed)-$450-->$750 Unit 3 (2 bed)-$625-->$750 Unit 4 (3 bed)-$650-->$900 Gross rents if rents are improved: $3,150 Opportunity to go higher if units had updated cosmetics. Laundry income also averages about $75/ month on top of that. Owner pays electric for common space hallway and water/sewer/garbage for the building. Tenants pay electric for their unit. Notice for pending special assessment for Main Ave road project of an estimated $919.41. (attached in documents)
Full Property Details
Full Property Details for 1605 5th Ave S
General
- Price: $315,000
- Taxes: $4,275 (2025)
- Status: Active
- Type: Multi-Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7073007
- Updated: Today (5/14/2026)
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 9
Other Rooms
- Laundry: Common Area, Lower Level, Laundry Room, Common Area, Lower Level, Laundry Room
Additional Information
- Shared Amenities: Coin-op Laundry Leased
Parking
- Garage: Yes
- Garage Spaces: 4
- Parking Features: Detached Garage
Location
- County: Cass
- Township: Fargo
- Subdivision: Case Peake & Halls
- Driving Directions: 1605 5th Ave S Fargo ND 58103
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 Connected
- Water: City Water (Connected)
Structural Information
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Finished
- Foundation Size: 1784
- Roof: Asphalt
- Disability Access: None
- Square Feet: 3,568
- Above Ground: 1,784 Sq. Ft.
- Below Ground: 1,784 Sq. Ft.
- Finished Down/Base.: 3,568 Sq. Ft.
- Year Built: 1984
Unit Information
- Units w/Refrigerators: 4
Lot Features
- Lot Size (Acres): 0.16
- Lot Dimensions: 50 x 140
- Zoning: Residential-Multi-Family, Residential-Single Family
Financial Considerations
- Tax Amount: $4,275.06
- Tax Year: 2025
- Owner Pays: Electricity, Sewer, Water
- Tenant Pays: Electricity
- Pays Electric: Tenant Pays
- Pays Water: Owner Pays
Disclosures and Reports
- Legal Description: CASE PEAKE & HALLS LOT 17 BLK 4
- Property ID: 1034000500000
Listed by Real (3961 Wf)
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NMLS#: 1598647
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Price & Sales History for 1605 5th Ave S
Tax History
Tax History for 1605 5th Ave S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,230
19%
$143,250
—
2024
$4,378
5%
$143,250
5%
2023
$4,153
11%
$136,450
13%
2022
$3,755
7%
$120,750
5%
2021
$3,518
6%
$115,000
5%
2020
$3,313
—
$109,500
—
2019
$3,316
1%
$109,500
—
2018
$3,274
7%
$109,500
7%
2017
$3,048
10%
$102,750
—
2016
$2,771
-1%
$102,750
5%
2015
$2,813
12%
$97,850
15%
2014
$2,517
-3%
$85,100
2%
2013
$2,589
—
$83,450
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1605 5th Ave S
1605 5th Avenue S, Fargo, 58103 (MLS# 7073007) is a Multi-Family property with 4 units containing 9 bedrooms and 0 full bathrooms. 1605 5th Avenue S is currently listed for $315,000 and was received on May 14, 2026. Want to learn more about 1605 5th Avenue S? 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.