Find Your Dream Home: Search 10,000+ Homes for Sale

1038 College Street N, Fargo, ND 58102

$250,000

Property Type: Multi-Family Bedrooms: 6 Baths: 4 Square Footage: 1,856 Lot Size (sq. ft.): 6,970 Status: Pending

Current Price: $250,000 List Date: 2/17/2026 Last Modified: 4/30/2026

Overview

Description

Looking for a low-maintenance addition to your portfolio? This 4-plex is located just blocks from NDSU and is currently 100% occupied. It’s been well kept, has a strong rental history, and stays full thanks to the prime location. This property features plenty of off-street parking, a huge perk for tenants in this area. No major projects needed here; just take over and start collecting rent. Schedule your tour today! Looking to sell in tandem with 1036 College St. Income/Expenses: (Total Income: 28,200.00, Utilities: 3200.00, The roof & gutters replaced in 2012. 24 hour notice required for showings.

Listing Details MLS# 7022236

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1921
Yearly/Seasonal: Yearly
Above Ground SqFt: 1856
Total SqFt: 1856
Foundation Size: Yes
Style: (MF) Four Plex
Total Finished Sqft: 0.00
Lot Dimensions: 50 x 140
Acres: 0.16
Assessment Pending: No
Main Floor Total SqFt: 0
Below Grd Total SqFt: 0
Garage Stalls: 0

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned Assumable Loan: Not Assumable Basement: Concrete Block Construction Status: Previously Owned Existing Financing: Conventional Exterior: Vinyl; Wood Foundation: Concrete Block Fuel: Electric Heating: Baseboard Laundry: Common Area Lock Box Type: Supra Owner Pays: Common Area Maintenance; Sewer; Trash Collection; Water Rental License Type: Standard Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity Water: City Water/Connected

Contract Information

Exclusions: Tenant personal property
Off Market Date: 2026-04-30
Contingency: None
Original List Price: 250000
ListPrice: 250000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1038
Street Name: College
Street Suffix: Street
Street Direction Suffix: N
Postal City: Fargo
County: Cass
State: ND
Zip Code: 58102
Complex/Dev/Subdivision: Kirkhams 2nd

Assessments

Assessment Installment: 603.7
Tax With Assessments: 3778
Assessment Balance: 0

Income and Expenses

Annual Gross Income: 28200
Annual Insurance Expense: 2000
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

More Information

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

Unit 1

Furnished?: No
Leased?: Yes
Unit Number: Yes
Annual Rent: 6900
Full Baths: Yes
Monthly Rent: 575
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit 2

Furnished?: No
Leased?: Yes
Unit Number: 2
Annual Rent: 7500
Full Baths: Yes
Monthly Rent: 625
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit 3

Furnished?: No
Leased?: Yes
Unit Number: 3
Annual Rent: 7500
Full Baths: Yes
Monthly Rent: 625
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit 4

Furnished?: No
Leased?: Yes
Unit Number: 4
Annual Rent: 6300
Full Baths: Yes
Monthly Rent: 525
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit Details

Total Units: 4

Office/Member Info

Association: FMR

Location, Tax and Other Information

High School: Fargo North
Legal Description: KIRKHAMS 2ND LOT 13 BLK 10
Listing City: Fargo
Map Page: 999
Municipality: Fargo
School District: Fargo
Zip Plus 4: 5006
Property ID Number: 01164001060000
Tax Year: 2024
Tax Amount: 3778
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Looking for a low-maintenance addition to your portfolio? This 4-plex is located just blocks from NDSU and is currently 100% occupied. It’s been well kept, has a strong rental history, and stays full thanks to the prime location. This property features plenty of off-street parking, a huge perk for tenants in this area. No major projects needed here; just take over and start collecting rent. Schedule your tour today! Looking to sell in tandem with 1036 College St. Income/Expenses: (Total Income: 28,200.00, Utilities: 3200.00, The roof & gutters replaced in 2012. 24 hour notice required for showings.
Directions: Head north on Broadway or 10th St N, continue past 4th Ave N towards NDSU, and look for College St N near 10th Ave N. Park on West side of property or on East side there is street parking.

Accessible

None: Yes

Amenities Shared

Coin-op Laundry Owned: Yes

Assumable Loan

Not Assumable: Yes

Basement

Concrete Block: Yes

Construction Status

Previously Owned: Yes

Existing Financing

Conventional: Yes

Exterior

Vinyl: Yes
Wood: Yes

Foundation

Concrete Block: Yes

Fuel

Electric: Yes

Heating

Baseboard: Yes

Laundry

Common Area: Yes

Owner Pays

Common Area Maintenance: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes

Rental License Type

Standard: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Tenant Pays

Electricity: Yes

Listing Office: Raboin Realty

Last Updated: April - 30 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.