1002 10th St N Fargo, ND 58102
Roosevelt NeighborhoodEstimated payment $1,320/month
About This Home
Fantastic Investment Opportunity in a Prime Location!
New: shingles 2024, 2x new toilets in main and upstairs units, 2x new dishwashers in main level and upper units, new refrigerator in upstairs unit, newer water heater.
This spacious triplex offers incredible potential for the savvy investor or homeowner looking to build equity. Situated in a desirable area, this property features three distinct units, each with its own unique layout and access to a shared coin-operated laundry for added convenience and extra income potential.
The main floor unit boasts a generous layout with three bedrooms and one and a half bathrooms, offering comfortable living space for a larger household. The upper-level unit features two bedrooms and one bathroom and, with a bit of TLC, could shine with charm and character. The lower-level unit also includes two bedrooms and one bathroom, providing a cozy and functional living environment.
With solid bones and an unbeatable location, this property is a rare find with endless possibilities. Whether you're looking to live in one unit and rent out the others, or renovate and maximize rental income, the opportunity is here.
Property sold "as is"—don’t miss your chance to add value and reap the rewards!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,515
Year Built
- Built in 1908
Lot Details
- 4,940 Sq Ft Lot
- Lot Dimensions are 50 x 98.8
Home Design
- Triplex
- Asphalt Shingled Roof
- Stucco
Interior Spaces
- 2-Story Property
- Finished Basement
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Utilities
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 01044002390000
- $6,265 per year additional tax assessments
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $540
- Insurance Expense $1,200
- Trash Expense $1,020
- Water Sewer Expense $1,020
- Operating Expense $8,500
- Gross Income $34,260
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,666 | $113,000 | $15,400 | $97,600 |
| 2023 | $3,506 | $107,600 | $15,400 | $92,200 |
| 2022 | $3,366 | $100,550 | $15,400 | $85,150 |
| 2021 | $3,073 | $91,400 | $15,400 | $76,000 |
| 2020 | $3,071 | $91,400 | $15,400 | $76,000 |
| 2019 | $2,463 | $82,950 | $7,150 | $75,800 |
| 2018 | $2,435 | $82,950 | $7,150 | $75,800 |
| 2017 | $2,131 | $79,000 | $7,150 | $71,850 |
| 2016 | $1,881 | $76,700 | $7,150 | $69,550 |
| 2015 | $1,863 | $71,200 | $6,050 | $65,150 |
| 2014 | $1,669 | $61,900 | $6,050 | $55,850 |
| 2013 | $1,653 | $61,900 | $6,050 | $55,850 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2025 06/11/25 | For Sale | $185,000 | -- | $90 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $158,900 | Trn Abstract & Title | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,232,400 | New Conventional | |
| Closed | $119,175 | New Conventional | |
| Previous Owner | $89,600 | New Conventional |
Source: Fargo-Moorhead Area Association of REALTORS®
MLS Number: 6735722
APN: 01-0440-02390-000
