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Duplex with Separate Entrances
For Sale
$255,000

910-912 32nd Street N, Fargo, ND 58102

Residential Income, Fargo, ND

Property Size2,016 SF
Lot Size0.17 Acres
Price / SF$126.49
Days on Market111

Property Features for 910-912 32nd Street N

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4
Subdivision Stuart Hilleboe
High school district Fargo
Directions Take 12th Ave N (Exit 67) ? go east ? turn north on 32nd St N ? arrive at 910-912.
Standard status Active
APN 01126000590000
Size 2,016 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3021

Utilities

Heating system Baseboard

Amenities

separate entrances
in unit laundry
off-street parking

Building Details

Year built 1977
Listing Agency: eXp Realty (3788 FGO)
Listed By: Derek Brandenburg
Added: Jun 17 Changed: Sep 30 Last Checked: Oct 5 at 4:06PM
MLS# 7090219

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.

Investment Insights

Based on property information with market context.

This 2,016-square-foot duplex at 910-912 32nd Street N has two residences, each with three bedrooms, one bathroom, and a separate entrance. In-unit laundry and off-street parking serve the property. Built in 1977, the building has baseboard heating and sits on a 0.174-acre lot.

The property is near the NDSU campus in Fargo, North Dakota.

Key Highlights

  • Two residences, each with 3 bedrooms and 1 bathroom
  • 2,016 square feet on a 0.174‑acre lot
  • Separate entrances and in‑unit laundry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,209
Cap Rate
7.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,180 $364.2K
Cap Rate 7%
$260,129 $260.1K
Cap Rate 9%
$202,322 $202.3K
Market Conditions
NOI Build-Up for 2,016 SF
Gross rent
$27.8K $13.80/SF
− Vacancy
−$1.8K −$0.90/SF
EGI
$26.0K $12.90/SF
− OpEx
−$7.8K −$3.87/SF
NOI
$18.2K $9.03/SF
Area
Fargo, ND
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,180
Cap Rate 7%
$260,129
Cap Rate 9%
$202,322

Alternative Uses

Best Use
Multifamily LT 5
$260.1K
$227.6K – $303.5K (±1% cap)
NOI $18,209 @ 7.0% cap · market cap 7.14%
Second Best
Apartment 5plus
$238.1K
$208.4K – $277.8K (±1% cap)
NOI $16,669 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$437.3K
$382.7K – $510.2K (±1% cap)
NOI $30,613 @ 7.0% cap · market cap 12.01%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Parking Lot & Garage Bakery Hair Salon Real Estate Agency

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

Location Intelligence

Trade Area within ½ mile

217
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Both residences include in-unit laundry and off-street parking.
Where is this duplex located?
The property is located at 910-912 32nd Street N Fargo, ND.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 1 bathroom; 2,016 square feet on a 0.174‑acre lot; Separate entrances and in‑unit laundry
More about this property
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