721 8th St N Fargo, ND 58102
Roosevelt NeighborhoodEstimated payment $1,718/month
Total Views
141,658
5
Beds
4
Baths
3,194
Sq Ft
$78
Price per Sq Ft
Highlights
- Forced Air Heating System
- North High School Rated A-
- Laundry Facilities
About This Home
$2700 MONTHLY RENT! Great 4-plex investment opportunity- just blocks away from both NDSU and downtown Fargo. Main floor unit has 2 bedrooms, 1 bath, kitchen, living room, + dining room. All other units have 1 bedroom, 1 bathroom, and open concept living room/kitchen space. All units share laundry in basement. Schedule your showing to get in on this great opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,301
Year Built
- Built in 1925
Lot Details
- 5,250 Sq Ft Lot
- Lot Dimensions are 130 x 37.5
Parking
- 1 Car Garage
- Gravel Driveway
Home Design
- Quadruplex
- Block Foundation
- Cement Board or Planked
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Basement
- Block Basement Construction
- Laundry in Basement
Utilities
- Forced Air Heating System
Listing and Financial Details
- Exclusions: Tenants personal property
- Assessor Parcel Number 01228000240000
- $9,051 per year additional tax assessments
Community Details
Overview
- 4 Units
- Park Subdivision
Amenities
- Laundry Facilities
Building Details
- Electric Expense $3,939
- Insurance Expense $2,598
- Maintenance Expense $1,340
- Operating Expense $20,276
- Gross Income $28,403
- Net Operating Income $8,127
Map
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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 | $4,302 | $116,550 | $13,500 | $103,050 |
| 2023 | $3,536 | $111,000 | $13,500 | $97,500 |
| 2022 | $2,999 | $92,500 | $13,500 | $79,000 |
| 2021 | $2,874 | $92,500 | $13,500 | $79,000 |
| 2020 | $2,838 | $92,500 | $13,500 | $79,000 |
| 2019 | $2,825 | $92,000 | $10,500 | $81,500 |
| 2018 | $2,790 | $92,000 | $10,500 | $81,500 |
| 2017 | $2,462 | $86,250 | $5,500 | $80,750 |
| 2016 | $2,258 | $86,250 | $5,500 | $80,750 |
| 2015 | $2,094 | $75,000 | $5,500 | $69,500 |
| 2014 | $1,618 | $56,500 | $5,500 | $51,000 |
| 2013 | $1,640 | $56,500 | $5,500 | $51,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Off Market | -- | -- | -- |
| 06/10/2025 06/10/25 | For Sale | $250,000 | 0.0% | $78 / Sq Ft |
| 06/07/2025 06/07/25 | For Sale | $250,000 | -- | $78 / Sq Ft |
Source: Fargo-Moorhead Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $202,000 | Regency Title | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $150,000 | Fm Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $9,989 | FHA | |
| Open | $198,341 | FHA | |
| Previous Owner | $105,000 | Commercial | |
| Previous Owner | $40,000 | Unknown |
Source: Public Records
About the Listing Agent
The founder of the Brandenburg Crew Inc., Derek, was raised with the notion that hard work was a way of life. Growing up on a farm, most days started at 6am, and ended at 11pm. This work ethic followed him into his military career, where he understood the importance of a strong value system. After 7 years of service, Derek took on a new challenge, branching into real estate. He built a team with the prerequisite of believing in the same core values, dedication, commitment, discipline and most
Derek's Other Listings
Source: Fargo-Moorhead Area Association of REALTORS®
MLS Number: 6734913
APN: 01-2280-00240-000
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