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    Fully Rented 4-Plex Investment Title is generated by Realmo AI

    1002 5th Street N, Fargo, ND 58102

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    Claim this Listing
    Pending
    $266,000

    MULTI_FAMILY - Fargo, ND

    Property size:
    2,855 SF
    Lot size:
    0.16 Acres
    Added:
    Feb 6, 2026
    Days on Market:
    144
    Last Refresh:
    Jun 30 at 3:06 pm

    Property Features for 1002 5th Street N

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    4
    Rooms
    Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 2, Basement, Bathroom 4, Bedroom 5, Bedroom 4, Bathroom 2, Bathroom 1
    Parking features
    Driveway, Garage - Detached
    Exterior features
    Slate
    Standard status
    Pending
    APN
    01328000120000
    Size
    2,855 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4224

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1900
    Building materials
    Brick
    Roof type
    Shingle

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    Contact an agent
    May Wu

    Listing agent May Wu

    Listing office REALTY XPERTS 360 32nd Ave W Suite 230, WEST FARGO, ND

    Listing date Feb 6, 2026

    MLS# 7017918 Listing URL

    Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully rented 4‑plex in North Fargo with $3,325 current monthly income
    • Unit mix: three 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit
    • Furnished units 3 and 4; sellers will leave furnishings as‑is
    • Parking includes a detached 3‑stall garage plus a wide driveway for additional off‑street parking
    • Recent updates: retro foam insulation added in 2024 (transferable lifetime warranty), new refrigerators in Units 1 and 3, and new stove in Unit 2
    • Shared laundry includes a new washer; also includes new electric baseboard heating in the storage room

    Overview

    This property is a fully rented 4-plex configured with three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. Units 3 and 4 are furnished, and the sellers will leave the furnishings as-is. The interior has been refreshed with freshly painted units, and retro foam insulation was added in 2024 with a transferable lifetime warranty. Recent improvements include new refrigerators in Units 1 and 3, a new stove in Unit 2, a new washer in the shared laundry room, and new electric baseboard heating in the storage room. Additional 2024 maintenance includes professional gutter cleaning.

    Located in North Fargo, the property offers tenant parking with a three-stall garage plus a wide driveway for off-street parking. The building is well-suited to a straightforward rental operation with on-site laundry facilities.

    For investors or owner-operators seeking a ready-to-rent residential income asset, the current fully rented status and the mix of unit sizes provide flexibility for tenant demand. The combination of furnished units, insulation warranty transferability, and appliance updates supports an easier transition for a new portfolio addition while maintaining day-to-day usability for residents.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.786654
    Latitude
    46.886935

    FAQs

    What type of property is this?
    Quadplex - Turn-key four-unit residential income property with on-site parking and recent unit updates.
    Where is this quadplex located?
    The property is located at 1002 5th Street N Fargo, ND.
    What is the asking price?
    The asking price for this property is $266,000.
    What are key features of this property?
    This property features: Fully rented 4‑plex in North Fargo with $3,325 current monthly income; Unit mix: three 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit; Furnished units 3 and 4; sellers will leave furnishings as‑is
    More about this property
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