Cash-flowing 4-plex in North Fargo with a strong income history. Property previously generated approximately $3,155/month in rental income. With two units recently vacated, this provides the next owner the opportunity to set rents at current market rates.
Property features a desirable unit mix of two 2-bedroom units and two 1-bedroom units, offering flexibility and consistent tenant demand. Estimated cap rates of 8% at projected stabilized rents, with additional upside through rent optimization.
Clean, functional interiors and a classic brick exterior make this a solid addition to any investment portfolio conveniently located near downtown Fargo, NDSU, and major amenities.
Ideal for investors seeking both immediate leasing opportunity and long income growth.
92 days
|
550
|
19
|
Zillow last checked:
Listing updated:
Listed by:
Lisa M Brown701-840-2578,
REALTY XPERTS701-356-5300
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7051084
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Heating
Baseboard
Appliances
Laundry: Common Area, Lower Level
Features
Basement: Concrete
Interior area
Total structure area: 6,864
Total interior livable area: 6,864 sqft
Finished area above ground: 3,432
Finished area below ground: 3,432
Property
Accessibility
Accessibility features: None
Features
Levels: Multi/Split
Lot
Size: 6,882 Square Feet
Dimensions: 6900 sq ft
Details
Foundation area: 3432
Parcel number: 01044001110000
Zoning description: Residential-Multi-Family
Construction
Type & style
Home type: MultiFamily
Property subtype: Fourplex
Materials
Roof: Architectural Shingle
Condition
New construction: No
Year built: 1965
Utilities & green energy
Gas: Electric
Sewer: City Sewer - In Street
Water: City Water - In Street
Community & HOA
Community
Subdivision: Chapins - Hanches
HOA
Amenities included: Laundry
Location
Region: Fargo
Financial & listing details
Price per square foot: $48/sqft
Annual tax amount: $5,338
Date on market: 4/9/2026
Estimated market value
Zestimate®
$322,500
Estimated sales range
$306,000 - $339,000
Rent Zestimate®
$1,486/mo
Price history
Date
Event
Price
4/9/2026
Listed for sale
$330,000+4.8%$48/sqft
Source: NorthstarMLS as distributed by MLS GRID #7051084Report a problem
10/17/2022
Sold
--
Source: NorthstarMLS as distributed by MLS GRID #7368478Report a problem
Source: RKAK Realty & Property Management, INC. Report a problem
10/20/2020
Listed for rent
$625
Source: RKAK Realty & Property Management, INC. Report a problem
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Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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.