$2,900,000

Estimated payment $16,391/month

Total Views 105
-- Bed
-- Bath
2,032 Sq Ft
$1,427 Price per Sq Ft

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

Listing Agent

Brandon Raboin

Raboin Realty Listed on: 08/04/2025

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

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,497

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Commercial
  • Lot Size Acres: 0.25
  • Lot Size: 95 x 113
  • Inclusions: Building
  • Unit Levels: Two
  • Year Built: 1988
  • General Property Information Zoning3: Residential-Multi-Family
  • General Property Information:Acres: 0.25
  • Location Tax and Other Information Tax Year2: 2024
  • Location Tax and Other Information Tax Amount: 4293.72
  • Location Tax and Other Information In Foreclosure: No
  • Location Tax and Other Information Lender Owned: Not disclosed
  • General Property Information Year Built2: 1988
  • General Property Information Lot Dimensions: 95 x 113
  • Appliances Refrigerators: Yes
  • Exterior:Vinyl2: Yes
  • Lease Details Land Leased: Not Applicable
  • Ownership Fractional Ownership3: No
  • Roof Asphalt Shingles: Yes
  • Stories Two: Yes
  • Building Information Building Finished SqFt: 2032
  • Building Information Building SqFt: 2032.0
  • Unit Details Total Units: 22
  • On Site Utilities Electric Separate2: Yes
  • Basement Poured Concrete: Yes
  • CMU Style ApartmentsMulti Family: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Accessibility Features: None
  • Has Basement: Poured Concrete
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes

Exterior Features

  • Exclusions: Seller's Personal Property;
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: City Sewer/Connected
  • Utilities: Electric Separate, Heating Separate
  • Water Source: City Water/Connected
  • Heating:Baseboard: Yes

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 02305004370022
  • Zoning: Residential-Multi-Family

Tax Info

  • Tax Annual Amount: 4497.0
  • Tax Other Annual Assessment Amount: 1205.0

Map

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

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
Source: Public Records

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®

Source: Fargo-Moorhead Area Association of REALTORS®

MLS Number: 6766407

APN: 02-3050-04370-021