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Five-Unit Apartment Building with Garage
For Sale
$370,000

1205 4th St N, Fargo, ND 58102

Character-rich five-unit property with a four-stall garage and shared coin-operated laundry, currently fully leased.

Property SizeContact for details
Days on Market73

Property Features for 1205 4th St N

General Information

Standard status Active
Occupancy 100%

Additional Details

Multifamily Units 5

Taxes and HOA fees

Annual Taxes $4,301

Building Details

Year Built 1928
Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Premier Properties
Listed By: Kim Reierson-Kelsh
Source: Exprealty
Added: Jun 1 Changed: Aug 8 Last Checked: Aug 11 at 10:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Premier Properties

Investment Insights

Based on property information with market context.

This five-unit apartment building offers distinctive 1928 character with original woodwork, hardwood floors, and built-in features. The property includes a four-stall garage and shared laundry with a coin-operated washer. The building has been maintained, and cameras are on the property. Tenant billing includes heat paid by the tenants, while common area heat and WSG are paid by the landlord.

Located at 1205 4th St N in Fargo, ND, the building sits in an established North Fargo neighborhood. The current configuration supports on-site shared services, with laundry available for residents and the garage providing covered parking capacity for the building.

For buyers seeking a residential income asset, the fully leased status provides immediate occupancy. The combination of period details, maintained condition, and clearly defined utility responsibilities can simplify day-to-day management. The shared coin laundry and on-site garage further support convenient resident amenities within the existing property setup.

Key Highlights

  • 5‑unit apartment building with original character features including original woodwork, hardwood floors, and built‑ins
  • Fully leased 5‑unit property with shared coin‑operated laundry (coin washer)
  • 4‑stall garage included on site

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Tech Support Center Carpet & Flooring Store Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,354
Businesses Nearby

Demographics for 58102, ND

30,767
Population
16,757
Households
1.8
Avg Household Size
32
Median Age
45%
College-Educated
95%
High-School Grad
31.6 sq mi
ZIP Area
974
Density / Sq Mi
$56,028
Median Household Income
$31,939
Median Earnings
$829
Median Rent
$235,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Character-rich five-unit property with a four-stall garage and shared coin-operated laundry, currently fully leased.
Where is this apartment building located?
The property is located at 1205 4th St N Fargo, ND.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: 5‑unit apartment building with original character features including original woodwork, hardwood floors, and built‑ins; Fully leased 5‑unit property with shared coin‑operated laundry (coin washer); 4‑stall garage included on site
More about this property
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