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1317 1st Avenue N, Fargo, ND 58102

$147,000

Property Type: Multi-Family Bedrooms: 5 Baths: 3 Square Footage: 2,907 Lot Size (sq. ft.): 6,970 Status: Closed

Current Price: $147,000 List Date: 1/05/2026 Last Modified: 2/23/2026

Overview

Description

This well-maintained multi-family duplex offers excellent investment potential and flexibility. With a price that is well below tax value! The main level is currently rented out, providing immediate rental income, while you can either live in the spacious upper unit or rent both units for an even greater financial return. The upper unit boasts 3 bedrooms and 2 bathrooms, offering plenty of space for comfortable living. Whether you're looking to move in or rent it out, this unit is ideal for a variety of living arrangements. The property is perfectly situated just down the road from the popular Brewhala, making it an excellent choice for those who love the local scene. Additionally, its proximity to North Dakota State University (NDSU) and downtown ensures it’s a prime location for tenants, offering convenience and easy access to everything the area has to offer. Don’t miss out on this incredible opportunity – whether for personal use or as a lucrative rental, this duplex is a mus ... (Read more)

Listing Details MLS# 7004792

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1906
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 969
Above Ground SqFt: 1938
Below Grd Total SqFt: 969
Total SqFt: 2907
Foundation Size: 969
Style: (MF) Duplex Up and Down
Total Finished Sqft: 1938.00
Acres: 0.16
Lot Dimensions: No
Garage Stalls: 0

Property Features

Accessible: None Basement: Drain Tiled; Drainage System; Storage Space; Sump Pump; Unfinished Construction Status: Previously Owned Exterior: Vinyl Financing Terms: Conventional Foundation: Concrete Block Fuel: Electric Heating: Baseboard Laundry: In Unit Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Unit 1 Cooling: Wall Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Wall Water: City Water/Connected

Contract Information

Off Market Date: 2026-01-26
Contingency: None
Closed Date: 2026-02-23
Original List Price: 150000
ListPrice: 150000
Sales Close Price: 147000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1317
Street Name: 1st
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Fargo
County: Cass
State: ND
Zip Code: 58102
Complex/Dev/Subdivision: Reeves

Assessments

Assessment Balance: 6114.64
Assessment Installment: 1127.11
Tax With Assessments: 5054.51

Building Information

Finished SqFt Above Ground: 1938

More Information

Income and Expenses

Annual Gross Income: 10800
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: OTHER

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Unit 1

Furnished?: No
Leased?: No
Unit Number: Yes
1/2 Baths: Yes
Finished SqFt: 969
Full Baths: Yes
Monthly Rent: 1200
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 3

Unit 2

Furnished?: No
Leased?: Yes
Unit Number: 2
Annual Rent: 10800
Finished SqFt: 969
Full Baths: Yes
Monthly Rent: 950
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 2

Unit Details

Total Units: 2

Office/Member Info

Association: LCAR

Location, Tax and Other Information

Legal Description: REEVES LOT 17 BLK 19
Listing City: Fargo
Map Page: 999
Municipality: Fargo
School District: Fargo
Zip Plus 4: 4201
Property ID Number: 01234002940000
Tax Year: 2026
Tax Amount: 3952.4
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: This well-maintained multi-family duplex offers excellent investment potential and flexibility. With a price that is well below tax value! The main level is currently rented out, providing immediate rental income, while you can either live in the spacious upper unit or rent both units for an even greater financial return. The upper unit boasts 3 bedrooms and 2 bathrooms, offering plenty of space for comfortable living. Whether you're looking to move in or rent it out, this unit is ideal for a variety of living arrangements. The property is perfectly situated just down the road from the popular Brewhala, making it an excellent choice for those who love the local scene. Additionally, its proximity to North Dakota State University (NDSU) and downtown ensures it’s a prime location for tenants, offering convenience and easy access to everything the area has to offer. Don’t miss out on this incredible opportunity – whether for personal use or as a lucrative rental, this duplex is a must-see!
Directions: East of Brewhala a few blocks.

Accessible

None: Yes

Basement

Drain Tiled: Yes
Drainage System: Yes
Storage Space: Yes
Sump Pump: Yes
Unfinished: Yes

Construction Status

Previously Owned: Yes

Exterior

Vinyl: Yes

Financing Terms

Conventional: Yes

Foundation

Concrete Block: Yes

Fuel

Electric: Yes

Heating

Baseboard: Yes

Laundry

In Unit: Yes

Roof

Age 8 Years or Less: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Unit 1 Cooling

Wall: Yes

Unit 2 Bath Description

Main Floor Full Bath: Yes

Unit 2 Cooling

Wall: Yes

Listing Office: REALTY XPERTS

Last Updated: February - 23 - 2026

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