Fantastic Investment Opportunity in North Fargo! Well-located, fully rented 4-plex with a strong rental history and current monthly income of $3,325. All units have been freshly painted, and retro foam insulation was added in 2024, complete with a transferable lifetime warranty. The property features three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. Units 3 and 4 are furnished, and sellers will leave the furnishings as-is, adding immediate value and flexibility for investors. Tenants enjoy a 3-stall garage plus a wide driveway offering additional off-street parking. Recent updates include new refrigerators in Units 1 and 3, a new stove in Unit 2, new electric baseboard heating in the storage room, and a new washer in the shared laundry room. The gutters were professionally cleaned in 2024. A well-maintained, turn-key rental property ready to add to your portfolio! Call your favorite Realtor today!
Pending
Price cut: $9K (5/22)
$266,000
1002 5th St N, Fargo, ND 58102
5beds
4baths
2,855sqft
Fourplex
Built in 1900
-- sqft lot
$259,500 Zestimate®
$93/sqft
$-- HOA
What's special
- 143 days |
- 77 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
May Wu 701-516-0922,
REALTY XPERTS 701-356-5300
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7017918
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Baseboard
Appliances
- Laundry: Common Area, Coin-op Laundry Owned
Features
- Basement: Block
Interior area
- Total structure area: 3,305
- Total interior livable area: 2,855 sqft
- Finished area above ground: 2,405
- Finished area below ground: 450
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage, Concrete
- Garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Enclosed, Front Porch, Rear Porch
- Pool features: None
- Fencing: None
Lot
- Size: 6,926 Square Feet
- Dimensions: 49.5 x 140
- Features: Corner Lot
Details
- Foundation area: 900
- Parcel number: 01328000120000
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fourplex
Materials
- Brick
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Electric
- Sewer: City Sewer - In Street
- Water: City Water - In Street
Community & HOA
Community
- Subdivision: Truesdells 2nd
HOA
- Amenities included: Coin-op Laundry Owned
Location
- Region: Fargo
Financial & listing details
- Price per square foot: $93/sqft
- Tax assessed value: $283,100
- Annual tax amount: $4,224
- Date on market: 2/7/2026
- Cumulative days on market: 111 days
- Tenant pays: Electricity, Heat
Estimated market value
$259,500
$247,000 - $272,000
$1,463/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Pending sale | $266,000$93/sqft |
Source: | ||
| 5/22/2026 | Price change | $266,000-3.3%$93/sqft |
Source: | ||
| 3/21/2026 | Listed for sale | $275,000$96/sqft |
Source: | ||
| 3/13/2026 | Pending sale | $275,000$96/sqft |
Source: | ||
| 3/7/2026 | Price change | $275,000-6.7%$96/sqft |
Source: | ||
| 3/3/2026 | Price change | $294,900-4.8%$103/sqft |
Source: | ||
| 2/7/2026 | Listed for sale | $309,900+8.8%$109/sqft |
Source: | ||
| 8/30/2024 | Sold | -- |
Source: | ||
| 8/6/2024 | Pending sale | $284,900$100/sqft |
Source: | ||
| 7/23/2024 | Price change | $284,900+1.8%$100/sqft |
Source: | ||
| 6/11/2024 | Price change | $279,900-3.4%$98/sqft |
Source: | ||
| 5/28/2024 | Listed for sale | $289,900-2.7%$102/sqft |
Source: | ||
| 1/19/2024 | Listing removed | -- |
Source: | ||
| 9/29/2023 | Listed for sale | $298,000$104/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,791 +4.6% | $283,100 +5% |
| 2023 | $4,579 +26.7% | $269,600 +16.2% |
| 2022 | $3,614 +1.7% | $232,000 |
| 2021 | $3,553 +1.2% | $232,000 |
| 2020 | $3,510 -0.3% | $232,000 +5% |
| 2019 | $3,523 +1.2% | $221,000 |
| 2018 | $3,480 +36.1% | $221,000 +178.5% |
| 2017 | $2,556 +21.1% | $79,350 |
| 2016 | $2,112 +7.7% | $79,350 +15% |
| 2015 | $1,961 +10.1% | $69,000 +13.1% |
| 2014 | $1,781 -0.1% | $61,000 |
| 2013 | $1,783 -24.6% | $61,000 |
| 2012 | $2,365 +0.2% | $61,000 |
| 2011 | $2,359 +31.6% | $61,000 +18% |
| 2010 | $1,792 +1.1% | $51,700 |
| 2009 | $1,773 | $51,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Horace Mann
Nearby schools
GreatSchools rating
- 9/10Horace Mann Elementary SchoolGrades: K-5Distance: 0.2 mi
- 6/10Ben Franklin Middle SchoolGrades: 6-8Distance: 0.7 mi
- 8/10North High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- High: Fargo North
Source: NorthstarMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- North Dakota
- Cass County
- Fargo
- 58102
- Horace Mann
- 1002 5th St N








