$185,000
SOLD JUL 24, 2025
Last list price
8 Beds
4 Baths
2,049 Sq Ft
4,940 Sq Ft Lot

Recently Sold

$90 Per Sq Ft

31 Days on Market

About This Home

As of July 2025

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!

Last Agent to Sell the Property

Ericka Schott-Juelson

eXp Realty (3523 FGO) Listed on: 06/11/2025

eXp Realty (3523 FGO)

Last Buyer's Agent

Ericka Schott-Juelson

eXp Realty (3523 FGO) Listed on: 06/11/2025

eXp Realty (3523 FGO)

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

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,515

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Lot Size: 50 x 98.8
  • Architectural Style: (MF) Triplex
  • Unit Levels: Modified Two Story
  • Year Built: 1908
  • Exterior:Stucco: Yes
  • General Property Information Lot Size SqFt2: 4940.0
  • Location Tax and Other Information Tax Year2: 2024
  • Location Tax and Other Information Tax Amount: 3032.0
  • Location Tax and Other Information In Foreclosure: No
  • Location Tax and Other Information Lender Owned: Not disclosed
  • General Property Information Year Built2: 1908
  • General Property Information Lot Dimensions: 50 x 98.8
  • General Property Information Below Grd Total SqFt: 728.0
  • General Property Information Total Finished Sqft2: 2049.00
  • General Property Information Style2: (MF) Triplex
  • Building Information Finished SqFt Above Ground: 1321
  • Building Information Finished SqFt Below Ground: 728
  • Lease Details Land Leased: Not Applicable
  • Ownership Fractional Ownership3: No
  • Roof Asphalt Shingles: Yes
  • Unit Details Total Units: 3
  • HeatFuelOil: Yes
  • General Property Information Above Ground SqFt: 1321.0
  • Unit 1 Annual Rent: 14940.0
  • Income and Expenses Annual Electric Expense: 540.0
  • Income and Expenses Annual Gross Expenses: 8500.0
  • Income and Expenses Annual Insurance Expense: 1200.0
  • Income and Expenses Annual Trash Expense: 1020.0
  • Income and Expenses Annual WaterSewer Expense: 1020.0
  • Income and Expenses Total Annual Expenses: 8500.0
  • Stories Modified Two Story: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: None
  • Total Bedrooms: 8

Exterior Features

  • Roof: Asphalt Shingles

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
  • Heating Fuel:Natural Gas: Yes
  • Heating:Forced Air: Yes

Fee Information

  • Trash Expense: 1020.0

Lot Info

  • Lot Size Sq Ft: 4940.0
  • Parcel #: 01044002390000

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 540.0
  • Annual Gross Income: 34260.0
  • Insurance Expense: 1200.0

Tax Info

  • Tax Annual Amount: 3515.0
  • Tax Other Annual Assessment Amount: 6265.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2025
Closed on
Jul 24, 2025
Sold by
English Corey and English Charmaine
Bought by
702 3Rd St Llc
Seller's Agent
Ericka Schott-Juelson
eXp Realty (3523 FGO)
Buyer's Agent
Ericka Schott-Juelson
eXp Realty (3523 FGO)
List Price
$185,000
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1135.12%

Purchase Details

Closed on
Apr 29, 2016
Sold by
Olson Jeffrey S and Olson Laura M
Bought by
English Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,175
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2010
Sold by
Feder Properties Llp
Bought by
Olson Jeffrey S and Olson Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
5.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $155,000 The Title Company
Warranty Deed $158,900 Trn Abstract & Title
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,232,400 New Conventional
Previous Owner $119,175 New Conventional
Previous Owner $89,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Sold -- -- --
07/12/2025 07/12/25 Pending -- -- --
06/30/2025 06/30/25 Off Market -- -- --
06/27/2025 06/27/25 For Sale $185,000 0.0% $90 / Sq Ft
06/11/2025 06/11/25 For Sale $185,000 -- $90 / Sq Ft
Source: Fargo-Moorhead Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fargo-Moorhead Area Association of REALTORS®

MLS Number: 6735722

APN: 01-0440-02390-000