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1006 3rd Avenue S, Fargo, ND 58103

$215,000

Main Floor Unit 1 hs Beautiful Hardwood Floors

Units Have their own Electric Baseboard heat.

Fireplace is ONLY for decoration.. but sure looks nice.

Common Area for all 3 Units Stairs to Units 2,3

Property Type: Multi-Family Bedrooms: 3 Baths: 3 Square Footage: 3,036 Lot Size (sq. ft.): 7,000 Status: Closed

Current Price: $215,000 List Date: 8/09/2025 Last Modified: 1/27/2026

Overview

Description

Great investment opportunity! Three Plex all ready for tenants. This rental has been very well taken care of throughout the years. ..One unit rented until end of the year at $575. Other rents were $575 and $650 Recent appraisal suggests rents of $850, $650, $650. You could buy to live in and let tenants pay most of your mortgage. The 2 unoccupied units are ready to be rented. Free Shared Laundry in the basement. Garage is used for storage. Tenants pay for their own electricity. Owner has made many improvements to the house including new shingles 2 years ago, the electrical has been updated from original wiring, newer waterline and sewerline to the street, many windows have been replaced, exterior painted. The hardwood floors are in great shape.

Listing Details MLS# 6767009

General Property Information

Lot Measurement: Square Feet
Lowest Rental Unit: Above Grade
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1901
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Main Floor Total SqFt: 1078
Above Ground SqFt: 2156
Below Grd Total SqFt: 880
Total SqFt: 3036
Foundation Size: 880
Lot Size SqFt: 7000
Style: (MF) Triplex
Total Finished Sqft: 2156.00
Garage Stalls: Yes
Lot Dimensions: 50 x 140

Property Features

Accessible: None Amenities Shared: Common Laundry Facility; Porch Basement: Full; Storage Space; Unfinished; Other Construction Materials: Brick; Other Construction Status: Previously Owned Disclosures: Leases Available; Seller's Disclosure Available Electric: Circuit Breakers; Other Exterior: Wood Financing Terms: Conventional Flooring: Carpet; Wood Foundation: Brick/Mortar Fuel: Electric; Natural Gas Heating: Baseboard; Forced Air Laundry: In Basement Lock Box Type: Supra Owner Pays: Common Area Maintenance; Exterior Maintenance; Gas; Hot Water; HVAC Maintenance; Insurance; Lawn; Maintenance/Repair Parking Characteristics: Paved Lot; Storage Possession: At Closing Roof: Asphalt Shingles Sewer: City Sewer/Connected Showing Requirements: Appointment Only; Lockbox Stories: Two Tenant Pays: Electricity Unit 1 Amenities: Hardwood Floors Unit 1 Appliances: Cooktop; Dishwasher; Microwave; Refrigerator Unit 1 Bath Description: Main Floor 3/4 Bath Unit 1 Cooling: Window Unit 1 Dining Room Description: Separate/Formal Dining Rm Unit 1 Family Room Characteristics: Main Level Unit 1 Fireplace Char: Decorative Unit 2 Appliances: Cooktop; Dishwasher; Exhaust Fan/Hood; Microwave; Range; Refrigerator Unit 2 Bath Description: Walk-In Shower Stall Unit 2 Cooling: Window Unit 2 Dining Room Description: Eat In Kitchen Unit 2 Family Room Characteristics: Family Room Unit 3 Appliances: Cooktop; Disposal; Microwave; Range; Refrigerator Unit 3 Bath Description: Upper Level 3/4 Bath Unit 3 Cooling: Window Water: City Water/Connected

Contract Information

Digitally Altered Photos: No
Exclusions: Tenants possessions
Off Market Date: 2025-09-05
Contingency: None
Closed Date: 2025-09-18
Original List Price: 219900
ListPrice: 219900
Sales Close Price: 215000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1006
Street Name: 3rd
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Fargo
County: Cass
State: ND
Zip Code: 58103
Complex/Dev/Subdivision: Original Townsite

Assessments

Assessment Balance: 8977
Assessment Installment: 1589.58
Tax With Assessments: 4066.57
Assessments Paid Seller: 0

Building Information

Finished SqFt Above Ground: 2156

More Information

Income and Expenses

Annual Electric Expense: 385
Annual Fuel Expense: 580
Annual Gross Expenses: 10000
Annual Gross Income: 16000
Annual Insurance Expense: 1850
Annual Maintenance Expense: 500
Annual Net Income: 6000
Annual Repair Expense: 500
Annual Trash Expense: 900
Annual Water/Sewer Expense: 480
Total Annual Expenses: 10000
Annual Caretaker Expense: 0

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: FMR
Supra: Yes

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 18 x 20
Garage Square Feet: 360
Paved Lot: Yes
Storage: Yes

Unit 1

Furnished?: No
Leased?: No
Level: Main Level
Unit Number: Yes
# of Fireplaces: Yes
3/4 Baths: Yes
Annual Rent: 10200
Finished SqFt: 620
Monthly Expense: 50
Monthly Rent: 850
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 5

Unit 2

Furnished?: No
Lease Expiration Date: 2025-12-31
Leased?: Yes
Level: 2nd Level
Unit Number: 2
3/4 Baths: Yes
Annual Rent: 7100
Finished SqFt: 480
Monthly Expense: 50
Monthly Rent: 590
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit 3

Furnished?: No
Leased?: No
Level: 2nd Level
Unit Number: 3
3/4 Baths: Yes
Annual Rent: 7800
Finished SqFt: 429
Monthly Expense: 50
Monthly Rent: 650
No. of Units Like This: Yes
Oth Parking Spaces: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit Details

Total Units: 3

Office/Member Info

Association: FMR

Location, Tax and Other Information

High School: Fargo North
Legal Description: ORIGINAL TOWNSITE LOT 2 BLK 31
Listing City: Fargo
Map Page: 999
Municipality: Fargo
School District: Fargo
Zip Plus 4: 2719
Property ID Number: 01224003170000
Square Footage Source: Owner
Tax Year: 2024
Tax Amount: 2476.99
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Great investment opportunity! Three Plex all ready for tenants. This rental has been very well taken care of throughout the years. ..One unit rented until end of the year at $575. Other rents were $575 and $650 Recent appraisal suggests rents of $850, $650, $650. You could buy to live in and let tenants pay most of your mortgage. The 2 unoccupied units are ready to be rented. Free Shared Laundry in the basement. Garage is used for storage. Tenants pay for their own electricity. Owner has made many improvements to the house including new shingles 2 years ago, the electrical has been updated from original wiring, newer waterline and sewerline to the street, many windows have been replaced, exterior painted. The hardwood floors are in great shape.

Accessible

None: Yes

Amenities Shared

Common Laundry Facility: Yes
Porch: Yes

Basement

Full: Yes
Storage Space: Yes
Unfinished: Yes
Other: Yes

Construction Materials

Brick: Yes
Other: Yes

Construction Status

Previously Owned: Yes

Disclosures

Leases Available: Yes
Seller's Disclosure Available: Yes

Electric

Circuit Breakers: Yes
Other: Yes

Exterior

Wood: Yes

Financing Terms

Conventional: Yes

Flooring

Carpet: Yes
Wood: Yes

Foundation

Brick/Mortar: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Baseboard: Yes
Forced Air: Yes

Laundry

In Basement: Yes

Owner Pays

Common Area Maintenance: Yes
Exterior Maintenance: Yes
Gas: Yes
Hot Water: Yes
HVAC Maintenance: Yes
Insurance: Yes
Lawn: Yes
Maintenance/Repair: Yes

Patio, Porch and Deck Features

Front Porch: Yes
Rear Porch: Yes

Possession

At Closing: Yes

Roof

Asphalt Shingles: Yes

Sewer

City Sewer/Connected: Yes

Showing Requirements

Appointment Only: Yes
Lockbox: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

No. of Ranges

Three: Yes

No. of Refrigerators

Three: Yes

Tenant Pays

Electricity: Yes

Unit 1 Amenities

Hardwood Floors: Yes

Unit 1 Appliances

Cooktop: Yes
Dishwasher: Yes
Microwave: Yes
Refrigerator: Yes

Unit 1 Bath Description

Main Floor 3/4 Bath: Yes

Unit 1 Cooling

Window: Yes

Unit 1 Dining Room Description

Separate/Formal Dining Rm: Yes

Unit 1 Family Room Characteristics

Main Level: Yes

Unit 1 Fireplace Char

Decorative: Yes

Unit 2 Appliances

Cooktop: Yes
Dishwasher: Yes
Exhaust Fan/Hood: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Bath Description

Walk-In Shower Stall: Yes

Unit 2 Cooling

Window: Yes

Unit 2 Dining Room Description

Eat In Kitchen: Yes

Unit 2 Family Room Characteristics

Family Room: Yes

Unit 3 Appliances

Cooktop: Yes
Disposal: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 3 Bath Description

Upper Level 3/4 Bath: Yes

Unit 3 Cooling

Window: Yes

Documents

Lead Based Paint Addendum 1006.pdf ›

Radon Disclosure 1006.pdf ›

PDS 1006.pdf ›

Listing Office: Berkshire Hathaway HomeServices Premier Properties

Last Updated: January - 27 - 2026

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