Last list price
321 Morrison St West Fargo, ND 58078
Francis Neighborhood
5
Beds
2
Baths
2,024
Sq Ft
6,970
Sq Ft Lot
Highlights
- Laundry Room
- Wood Siding
- Boiler Heating System
- Coin Laundry
- Carpet
About This Home
As of March 2025Fantastic Investment Opportunity & Versatile Property!
This duplex boasts a strong rental history and offers a range of possibilities. Whether you're seeking a solid investment, an owner-occupied home, or a space to customize, this property is an excellent choice. Currently fully rented, with the option to extend leases for continued income.
Located in a prime downtown location, residents enjoy convenient access to schools, shopping, healthcare, and a variety of amenities. The property can be purchased individually or as part of a package with the 4-plex next door at 322 4th Ave (MLS #6652797). Don’t miss out on this opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,943
Year Built
- Built in 1976
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 50x140
Parking
- 3 Car Garage
- Shared Driveway
Home Design
- Duplex
- Brick Exterior Construction
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- Basement Fills Entire Space Under The House
Flooring
- Carpet
- Linoleum
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry on lower level
Schools
- West Fargo High School
Utilities
- Boiler Heating System
Listing and Financial Details
- Exclusions: Tenants personal property
- Tenant pays for electricity
- The owner pays for heat, trash collection, water
- Assessor Parcel Number 02070000480000
- $456 per year additional tax assessments
Community Details
Overview
- 2 Units
- Francis 2Nd Subdivision
Amenities
- Coin Laundry
Building Details
- Electric Expense $396
- Fuel Expense $672
- Insurance Expense $1,952
- Trash Expense $393
- Water Sewer Expense $1,044
- Operating Expense $4,529
- Gross Income $18,180
- Net Operating Income $13,651
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 7, 2022
Sold by
Kelly And Nancy Halvorson Living Trust and Halvorson Kelly E
Bought by
K N H Enterprise Llc
Current Estimated Value
Purchase Details
Closed on
Dec 16, 2020
Sold by
Mastel Duane and Mastel Carlene
Bought by
Halvorson Kelly and Halvorson Nancy
Purchase Details
Closed on
Sep 1, 2010
Sold by
Mastel Duane and Mastel Carlene
Bought by
Halvorson Kelly and Halvorson Nancy
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $82,050 | Fm Title | |
| Contract Of Sale | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Off Market | -- | -- | -- |
| 03/18/2025 03/18/25 | Sold | -- | -- | -- |
| 03/03/2025 03/03/25 | Pending | -- | -- | -- |
| 01/29/2025 01/29/25 | For Sale | $245,000 | -- | $121 / Sq Ft |
Source: Fargo-Moorhead Area Association of REALTORS®
Tax History Compared to Growth
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 | $2,950 | $108,300 | $14,050 | $94,250 |
| 2023 | $2,881 | $105,200 | $14,050 | $91,150 |
| 2022 | $2,771 | $96,600 | $14,050 | $82,550 |
| 2021 | $2,600 | $87,350 | $10,200 | $77,150 |
| 2020 | $2,458 | $84,700 | $10,200 | $74,500 |
| 2019 | $2,363 | $81,250 | $10,200 | $71,050 |
| 2018 | $2,247 | $80,650 | $10,200 | $70,450 |
| 2017 | $2,193 | $80,700 | $10,200 | $70,500 |
| 2016 | $1,709 | $68,100 | $10,200 | $57,900 |
| 2015 | $1,861 | $68,700 | $6,900 | $61,800 |
| 2014 | $1,821 | $64,200 | $6,900 | $57,300 |
| 2013 | $1,850 | $64,200 | $6,900 | $57,300 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2025
Mitch Smette
Beyond Realty
(701) 721-1087
2 in this area
6 Total Sales
Map
Source: Fargo-Moorhead Area Association of REALTORS®
MLS Number: 6652715
APN: 02-0700-00480-000
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