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Pending
  • $315,000

    1605 5th Ave S, Fargo, ND 58103

    9beds
    4baths
    3,568sqft
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    Fourplex
    Built in 1984
    -- sqft lot
    $311,300 Zestimate®
    $88/sqft
    $-- HOA

    What's special

    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)
    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#: 7073007MLS Logo

      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

        DateEventPrice
        6/24/2026Pending sale$315,000$88/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7073007 Report a problem
        5/14/2026Listed for sale$315,000$88/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7073007 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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

        Getting around

        56 / 100
        Somewhat Walkable
        29 / 100
        Some Transit
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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