1002 5th St N Fargo, ND 58102
Horace Mann NeighborhoodEstimated payment $1,801/month
Highlights
- Corner Lot
- 3 Car Detached Garage
- Baseboard Heating
- Horace Mann Roosevelt Elementary School Rated 9+
- Enclosed Patio or Porch
- Coin Laundry
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,224
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 49.5x140
- Corner Lot
Parking
- 3 Car Detached Garage
Home Design
- Quadruplex
- Brick Exterior Construction
- Brick Foundation
- Slate
Interior Spaces
- 2-Story Property
- Basement
- Block Basement Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Schools
- Fargo North High School
Additional Features
- Enclosed Patio or Porch
- Baseboard Heating
Listing and Financial Details
- The owner pays for common area maintenance, electricity, exterior maintenance, gas, hot water, insurance, grounds care, repairs, sewer, taxes, trash collection, water
- Assessor Parcel Number 01328000120000
Community Details
Overview
- 4 Units
- Truesdells 2Nd Subdivision
Amenities
- Coin Laundry
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $3,426 | $141,550 | $17,500 | $124,050 |
| 2024 | $5,002 | $141,550 | $17,500 | $124,050 |
| 2023 | $4,779 | $134,800 | $17,500 | $117,300 |
| 2022 | $3,788 | $116,000 | $17,500 | $98,500 |
| 2021 | $3,725 | $116,000 | $17,500 | $98,500 |
| 2020 | $3,680 | $116,000 | $17,500 | $98,500 |
| 2019 | $3,523 | $110,500 | $14,000 | $96,500 |
| 2018 | $3,480 | $110,500 | $14,000 | $96,500 |
| 2017 | $2,556 | $79,350 | $7,000 | $72,350 |
| 2016 | $2,112 | $79,350 | $7,000 | $72,350 |
| 2015 | $1,961 | $69,000 | $7,000 | $62,000 |
| 2014 | $1,781 | $61,000 | $7,000 | $54,000 |
| 2013 | $1,783 | $61,000 | $7,000 | $54,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/02/2026 06/02/26 | Pending | -- | -- | -- | |
| 05/22/2026 05/22/26 | Price Changed | $266,000 | -3.3% | $93 / Sq Ft | |
| 03/21/2026 03/21/26 | For Sale | $275,000 | 0.0% | $96 / Sq Ft | |
| 03/13/2026 03/13/26 | Pending | -- | -- | -- | |
| 03/07/2026 03/07/26 | Price Changed | $275,000 | -6.7% | $96 / Sq Ft | |
| 03/03/2026 03/03/26 | Price Changed | $294,900 | -4.8% | $103 / Sq Ft | |
| 02/06/2026 02/06/26 | For Sale | $309,900 | +8.8% | $109 / Sq Ft | |
| 08/30/2024 08/30/24 | Sold | -- | -- | -- | View Prior Sale |
| 08/06/2024 08/06/24 | Pending | -- | -- | -- | |
| 07/23/2024 07/23/24 | Price Changed | $284,900 | +1.8% | $100 / Sq Ft | |
| 06/11/2024 06/11/24 | Price Changed | $279,900 | -3.4% | $98 / Sq Ft | |
| 05/28/2024 05/28/24 | For Sale | $289,900 | -- | $102 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $279,900 | Title Company-Residential |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $256,500 | New Conventional | |
| Previous Owner | $500,000 | Commercial | |
| Previous Owner | $211,726 | Commercial | |
| Previous Owner | $193,140 | Commercial | |
| Previous Owner | $135,000 | Commercial | |
| Previous Owner | $127,109 | Commercial | |
| Previous Owner | $115,000 | Credit Line Revolving |
Source: NorthstarMLS
MLS Number: 7017918
APN: 01-3280-00120-000
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Listings courtesy of NorthstarMLS as distributed by MLS GRID.
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Ask me questions while you tour the home.