MLS: #7017918, Listed By: May Wu, REALTY XPERTS, Source:FargoMoorhead Area Association of REALTORS

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1002 5th Street

Fargo, ND 58102
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Bed 5

Bed

Bath 4

Bath

SqFt2,855

Sqft

Acres0.15

Acre(Lot)

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 cleane d in 2024. A well-maintained, turn-key rental property ready to add to your portfolio! Call your favorite Realtor today!

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Detail Ic Property Details

Property Type : Residential Income

Price : $275,000

AD Id : 75114223

MLS Id : 7017918

Beds : 5

Lot Size : 0.15 Acre

Living Area Size : 2,855

Year Built : 1900

Garage : 3

County : Cass

Subdivision: None Available

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 4

    Room Information

    Has Basement: Yes Basement: Block, Concrete
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Roof: Asphalt, Shingle Laundry Features: Common Area
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard

  • Building Information

    Year Built: 1900 Building Area Total: 3305 Construction Materials: Brick Stories: 2 Patio And Porch Features: Enclosed, Front Porch, Rear Porch Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 49.5x140 Main Square Feet: 0.15 Acres Lot Size Acres: 0.15 Lot Size Square Feet: 6534 Lot Description: Corner Lot

    Property Information

    Subdivision: Truesdells 2nd Source Property Type: Residential Income Property SubType: Quadruplex Levels: Two Property Age: 126

  • Listing Price Information

    Listing Price: $275000 Original Price: $309900 Cash, Conventional

  • Tax Information

    Parcel Number: 01328000120000 Annual Tax: $3294

  • Garage Information

    Has Garage: Yes Garage Space: 3
    Homeowners Association Information
    Association Amenities: Coin Laundry

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: Fargo North
  • Location Information

    Direction: From University Dr N, go west on 10th Ave N, then north on 5th St N to 1002 5th St N. WaterSource: Public
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At $96.32 per sq.ft.,this listing is priced below average compared to other multifamily from Fargo.

The average multifamily price in Fargo is $498412.86 with avg. price / sq.ft of $2844.68.

The average multifamily price in Cass County is $540257.14 with avg. price / sq.ft of $3659.00.

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3307-3309 2nd Street, Fargo, ND, 58102 $280,000 6 2 2,204 2,204 SqFt
3223-3225 2nd Street, Fargo, ND, 58102 $280,000 6 2 2,204 2,204 SqFt
714 Oak Street, Fargo, ND, 58102 $228,000 5 3 1,962 1,962 SqFt
727 3rd Street, Fargo, ND, 58102 $345,000 8 5 3,187 3,187 SqFt
915 Broadway, Fargo, ND, 58102 $349,000 5 4 2,772 2,772 SqFt
1109 10th Street, Fargo, ND, 58102 $210,000 2 3 1,392 1,392 SqFt
1045 10 Street, Fargo, ND, 58102 $205,000 7 4 3,167 3,167 SqFt
1235 11 1/2 Street, Fargo, ND, 58102 $228,900 8 3 2,556 2,556 SqFt
1038 College Street, Fargo, ND, 58102 $250,000 6 4 --
1419 4th Avenue, Fargo, ND, 58102 $269,000 16 4 3,420 3,420 SqFt
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 04/06/2026 @ 19:53

MLS: 7017918 LISTED BY: May Wu, REALTY XPERTS 701-356-5300 SOURCE: FargoMoorhead Area Association of REALTORS

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