This 4plex was built in 1984 BY THE OWNER.
He's owned it for over 40 years.
Gross monthly rent is currently $2,325. All units are month-to-month. Owner has kept rents low since the building has had long term tenants stay.
Each unit has a garage stall.
Current rents compared to market rents:
Unit 1 (2 bed)-$600-->$750
Unit 2 (2 bed)-$450-->$750
Unit 3 (2 bed)-$625-->$750
Unit 4 (3 bed)-$650-->$900
Gross rents if rents are improved: $3,150
Opportunity to go higher if units had updated cosmetics.
Laundry income also averages about $75/ month on top of that.
Owner pays electric for common space hallway and water/sewer/garbage for the building.
Tenants pay electric for their unit.
Notice for pending special assessment for Main Ave road project of an estimated $919.41. (attached in documents)
Pending
$315,000
1605 5th Ave S, Fargo, ND 58103
9beds
4baths
3,568sqft
Fourplex
Built in 1984
-- sqft lot
$311,300 Zestimate®
$88/sqft
$-- HOA
What's special
- 54 days |
- 326 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Mason Peterson 701-955-3703,
REAL (3961 WF) 605-949-2763
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7073007
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
Heating
- Baseboard
Appliances
- Laundry: Common Area, Lower Level, Laundry Room, Coin-op Laundry Leased
Features
- Basement: Finished
Interior area
- Total structure area: 3,568
- Total interior livable area: 3,568 sqft
- Finished area above ground: 1,784
- Finished area below ground: 1,784
Property
Parking
- Total spaces: 4
- Parking features: Detached Garage
- Garage spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
Lot
- Size: 6,969 Square Feet
- Dimensions: 50 x 140
Details
- Foundation area: 1784
- Parcel number: 01034000500000
- Zoning description: Residential-Multi-Family,Residential-Single Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fourplex
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Gas: Electric
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Case Peake & Halls
HOA
- Amenities included: Coin-op Laundry Leased
Location
- Region: Fargo
Financial & listing details
- Price per square foot: $88/sqft
- Annual tax amount: $4,275
- Date on market: 5/14/2026
- Cumulative days on market: 53 days
- Tenant pays: Electricity
Estimated market value
$311,300
$296,000 - $327,000
$1,518/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Pending sale | $315,000$88/sqft |
Source: | ||
| 5/14/2026 | Listed for sale | $315,000$88/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/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: Jefferson/Carl Ben
Nearby schools
GreatSchools rating
- 2/10Jefferson Elementary SchoolGrades: K-5Distance: 0.1 mi
- 6/10Ben Franklin Middle SchoolGrades: 6-8Distance: 2 mi
- 8/10North High SchoolGrades: 9-12Distance: 2.5 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
- 58103
- Jefferson/Carl Ben
- 1605 5th Ave S







