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!
Active
Price cut: $19.9K (3/7)
$275,000
1002 5th St N, Fargo, ND 58102
5beds
4baths
3,305sqft
Est.:
Fourplex
Built in 1900
-- sqft lot
$272,100 Zestimate®
$83/sqft
$-- HOA
What's special
- 63 days |
- 614 |
- 31 |
Zillow last checked: 7 hours ago
Listing updated: April 07, 2026 at 12:52pm
Listed by:
May Wu 701-516-0922,
REALTY XPERTS 701-356-5300
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7017918
Tour with a local agent
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: 3,305 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: 6,926.04 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: $83/sqft
- Tax assessed value: $283,100
- Annual tax amount: $4,224
- Date on market: 2/7/2026
- Cumulative days on market: 38 days
- Tenant pays: Electricity, Heat
Estimated market value
$272,100
$258,000 - $286,000
$1,199/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/21/2026 | Listed for sale | $275,000$83/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7017918 Report a problem | ||
| 3/13/2026 | Pending sale | $275,000$83/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7017918 Report a problem | ||
| 3/7/2026 | Price change | $275,000-6.7%$83/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7017918 Report a problem | ||
| 3/3/2026 | Price change | $294,900-4.8%$89/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7017918 Report a problem | ||
| 2/7/2026 | Listed for sale | $309,900+8.8%$94/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7017918 Report a problem | ||
| 8/30/2024 | Sold | -- |
Source: NorthstarMLS as distributed by MLS GRID #6540746 Report a problem | ||
| 8/6/2024 | Pending sale | $284,900$86/sqft |
Source:  FMARMLS #6540746 Report a problem | ||
| 7/23/2024 | Price change | $284,900+1.8%$86/sqft |
Source: FMARMLS #6540746 Report a problem | ||
| 6/11/2024 | Price change | $279,900-3.4%$85/sqft |
Source: FMARMLS #6540746 Report a problem | ||
| 5/28/2024 | Listed for sale | $289,900-2.7%$88/sqft |
Source: FMARMLS #6540746 Report a problem | ||
| 1/19/2024 | Listing removed | -- |
Source: FMARMLS #23-4563 Report a problem | ||
| 9/29/2023 | Listed for sale | $298,000$90/sqft |
Source: FMARMLS #23-4563 Report a problem | ||
Public tax history
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
$1,695/mo
Principal & interest
$1418
Property taxes
$277
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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: 0.8 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.
Local experts in 58102
- North Dakota
- Cass County
- Fargo
- 58102
- Horace Mann
- 1002 5th St N
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