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    Duplex with Separate Entrances

    914-916 32nd Street N Fargo, ND 58102

    Claim this Listing
    New
    For Sale
    $260,000

    MULTI_FAMILY - Fargo, ND

    Property size:
    2,016 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $128.97/SF
    Added:
    Jul 10, 2026
    Days on Market:
    4
    Last Refresh:
    Jul 13 at 7:06 pm

    Property Features for 914-916 32nd Street N

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Bedroom 3, Bedroom 5, Basement, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 1, Bathroom 1
    Exterior features
    Vinyl
    Standard status
    Active
    APN
    01126000580000
    Size
    2,016 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2897

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1977

    Listing agent Derek Brandenburg

    Listing office eXp Realty (3788 FGO) 3788 55th Ave S Ste 202, White Bear Lake, ND

    Listing date Jul 10, 2026

    MLS# 7105970 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.

    Investment Insights

    Based on property information with market context.

    This for-sale duplex features two separate living units, with each side offering three bedrooms and one bathroom. The property includes functional living spaces with in-unit laundry and separate entrances for each unit.

    Off-street parking is available for residents. The property is located in Fargo, ND, close to NDSU campus.

    With its duplex layout, the home can support separate unit occupancy while maintaining a practical, easy-to-operate configuration for everyday living.

    Key Highlights

    • Close to NDSU campus, with functional layouts on both sides of the property
    • Each side offers 3 bedrooms and 1 bathroom (6 bedrooms total, 2 bathrooms total)
    • Separate entrances for each side

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $27.8k $13.80
    − Vacancy −$1.8k −$0.90
    EGI $26.0k $12.90
    − OpEx −$7.8k −$3.87
    NOI $18.2k $9.03
    2,016 SF · lease $13.80/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $260.1K
    $227.6K – $303.5K (±1% cap)
    NOI $18,209 @ 7.0% cap · market cap 7.00%
    Second Best
    Apartment 5plus
    $238.1K
    $208.4K – $277.8K (±1% cap)
    NOI $16,669 @ 7.0% cap · market cap 6.41%
    Theoretical Best
    Office A
    $437.3K
    $382.7K – $510.2K (±1% cap)
    NOI $30,613 @ 7.0% cap · market cap 11.77%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

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    FAQs

    What type of property is this?
    Duplex - Each side of this duplex offers three bedrooms, one bathroom, in-unit laundry, and separate entrances.
    Where is this duplex located?
    The property is located at 914-916 32nd Street N Fargo, ND.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: Close to NDSU campus, with functional layouts on both sides of the property; Each side offers 3 bedrooms and 1 bathroom (6 bedrooms total, 2 bathrooms total); Separate entrances for each side
    Contact an agent
    (612) 751-9303
    We can help!
    Contact an agent
    Derek Brandenburg
    Derek Brandenburg
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