51 Center St West Fargo, ND 58078
Pinewood NeighborhoodEstimated payment $16,391/month
About This Home
Don't miss this rare opportunity to acquire a portfolio of 5 multifamily buildings, offering a total of 22 rental units. This package includes four 4-plexes and one 6-plex, making it a versatile and well-balanced investment. The unit mix features a strong combination of layouts, including 2 bed/1 bath, 3 bed/1 bath, and 3 bed/2 bath units—appealing to a wide range of renters. Whether you're looking to expand your investment portfolio or enter the multifamily space with strong cash flow potential, this package offers immediate scale and long-term upside. Contact us today for financials and to schedule a tour of this outstanding investment portfolio! *Photos of previous unit - multiple parcels included. Owner/Agent
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $4,497
Year Built
- Built in 1988
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 95 x 113
Parking
- 2 Car Garage
Home Design
- Poured Concrete
- Asphalt Shingled Roof
- Vinyl Construction Material
Interior Spaces
- 2,032 Sq Ft Home
- 2-Story Property
Kitchen
- Range
- Dishwasher
Utilities
- Baseboard Heating
- Separate Meters
Community Details
- 22 Units
Listing and Financial Details
- Exclusions: Seller's Personal Property;
- Assessor Parcel Number 02305004370022
- $1,205 per year additional tax assessments
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 | $4,500 | $148,100 | $9,550 | $138,550 |
2023 | $4,515 | $148,100 | $9,550 | $138,550 |
2022 | $4,211 | $132,400 | $9,550 | $122,850 |
2021 | $3,994 | $118,900 | $9,550 | $109,350 |
2020 | $3,911 | $118,900 | $9,550 | $109,350 |
2019 | $3,675 | $111,000 | $9,550 | $101,450 |
2018 | $3,529 | $111,000 | $9,550 | $101,450 |
2017 | $3,530 | $111,000 | $9,550 | $101,450 |
2016 | $3,126 | $111,000 | $9,550 | $101,450 |
2015 | $3,145 | $102,700 | $8,200 | $94,500 |
2014 | $3,282 | $102,700 | $8,200 | $94,500 |
2013 | $3,128 | $95,700 | $8,200 | $87,500 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/04/2025 08/04/25 | For Sale | $2,900,000 | -- | $1,427 / Sq Ft |
Source: Fargo-Moorhead Area Association of REALTORS®
MLS Number: 6766407
APN: 02-3050-04370-021
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