1317 1st Ave N Fargo, ND 58102
Madison-Unicorn NeighborhoodEstimated payment $1,284/month
About This Home
This well-maintained multi-family duplex offers excellent investment potential and flexibility. With a price that is well below tax value! The main level is currently rented out, providing immediate rental income, while you can either live in the spacious upper unit or rent both units for an even greater financial return. The upper unit boasts 3 bedrooms and 2 bathrooms, offering plenty of space for comfortable living. Whether you're looking to move in or rent it out, this unit is ideal for a variety of living arrangements. The property is perfectly situated just down the road from the popular Brewhala, making it an excellent choice for those who love the local scene. Additionally, its proximity to North Dakota State University (NDSU) and downtown ensures it’s a prime location for tenants, offering convenience and easy access to everything the area has to offer. Don’t miss out on this incredible opportunity – whether for personal use or as a lucrative rental, this duplex is a must-see!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,221
Year Built
- Built in 1906
Home Design
- Duplex
Interior Spaces
- 1,938 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Unfinished Basement
- Drainage System
- Sump Pump
- Drain
- Basement Storage
Utilities
- Baseboard Heating
Community Details
- 2 Units
- Reeves Subdivision
Listing and Financial Details
- Assessor Parcel Number 01234002940000
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 | $4,239 | $131,400 | $12,600 | $118,800 |
| 2023 | $4,221 | $131,400 | $12,600 | $118,800 |
| 2022 | $3,266 | $94,250 | $12,600 | $81,650 |
| 2021 | $2,998 | $85,950 | $12,600 | $73,350 |
| 2020 | $2,968 | $85,950 | $12,600 | $73,350 |
| 2019 | $2,808 | $80,050 | $6,300 | $73,750 |
| 2018 | $2,780 | $80,050 | $6,300 | $73,750 |
| 2017 | $2,739 | $80,050 | $6,300 | $73,750 |
| 2016 | $2,479 | $77,700 | $6,300 | $71,400 |
| 2015 | $2,176 | $60,800 | $4,400 | $56,400 |
| 2014 | $2,010 | $52,850 | $4,400 | $48,450 |
| 2013 | $1,999 | $52,850 | $4,400 | $48,450 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2025 09/17/25 | For Sale | $175,000 | 0.0% | $90 / Sq Ft |
| 08/08/2025 08/08/25 | Pending | -- | -- | -- |
| 06/26/2025 06/26/25 | Price Changed | $175,000 | -5.4% | $90 / Sq Ft |
| 05/15/2025 05/15/25 | Price Changed | $185,000 | -2.6% | $95 / Sq Ft |
| 05/01/2025 05/01/25 | Price Changed | $190,000 | -5.0% | $98 / Sq Ft |
| 04/07/2025 04/07/25 | Price Changed | $199,900 | -2.5% | $103 / Sq Ft |
| 03/11/2025 03/11/25 | For Sale | $205,000 | -- | $106 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $178,650 | Regency Title | |
| Warranty Deed | $125,000 | The Title Co | |
| Quit Claim Deed | -- | None Available | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $124,500 | New Conventional | |
| Previous Owner | $125,000 | Future Advance Clause Open End Mortgage |
Source: NorthstarMLS
MLS Number: 6682491
APN: 01-2340-02940-000
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