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1413 12th Street N, Fargo, ND 58102

$265,000

Property Type: Multi-Family Bedrooms: 15 Baths: 9 Square Footage: 3,084 Lot Size (sq. ft.): 6,970 Status: Closed

Current Price: $265,000 List Date: 9/02/2025 Last Modified: 1/27/2026

Overview

Description

Excellent Income producing 3 unit apartment w/2-two bed and 1-one bed. Main and upper unit are two bed w/ hardwood and 1 full bath. Basement is 1-Bed and 1-bath. Rents are #1-$895/month, #2-$1070/month, and #3-695/month. Landlord pays elect for #2. Coin laundry in the basement. 3 garage stalls and an add'l parking spots. Unit 1 Total Baths: 1, Unit 2 Total Baths: 1, Unit 3 Total Baths: 1, Total Parking Spaces: 2, Unit 1 Living Room: 1, Unit 2 Living Room: 1, Unit 3 Living Room: 1, Unit 1 Kitchen: 1, Unit 2 Kitchen: 1, Unit 3 Kitchen: 1 Seller is related to listing agent

Listing Details MLS# 6768745

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Waterfront YN: No
Year Built: 1949
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1036
Above Ground SqFt: 2048
Below Grd Total SqFt: 1036
Total SqFt: 3084
Foundation Size: 1036
Style: (MF) Triplex
Total Finished Sqft: 3084.00
Garage Stalls: 3
Lot Dimensions: 50 X 140
Acres: 0.16

Property Features

Accessible: None Basement: Concrete Block Construction Status: Previously Owned Exterior: Metal Financing Terms: Conventional Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Radiant Laundry: Common Area; Lower Level Owner Pays: Other; Trash Collection Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Off Market Date: 2025-11-13
Contingency: None
Closed Date: 2025-12-15
Original List Price: 294900
ListPrice: 284900
Sales Close Price: 265000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1413
Street Name: 12th
Street Suffix: Street
Street Direction Suffix: N
Postal City: Fargo
County: Cass
State: ND
Zip Code: 58102
Complex/Dev/Subdivision: Ohmers

Assessments

Tax With Assessments: 4133
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2048
Finished SqFt Below Ground: 1036

More Information

Income and Expenses

Annual Caretaker Expense: 2544
Annual Electric Expense: 1500
Annual Fuel Expense: 1200
Annual Gross Expenses: 9108
Annual Gross Income: 32640
Annual Insurance Expense: 2136
Annual Net Income: 23532
Annual Trash Expense: 768
Annual Water/Sewer Expense: 960
Total Annual Expenses: 6564
Annual Maintenance Expense: 0
Annual Repair Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 704

Unit 1

Furnished?: No
Leased?: Yes
Unit Number: Yes
Annual Rent: 31920
Finished SqFt: 3084
Full Baths: 3
Monthly Expense: 759
Monthly Rent: 2660
No. of Units Like This: 3
Total Baths: 3
Total Bedrooms: 5
Total Rooms: 5

Unit Details

Total Units: 3

Office/Member Info

Association: LCAR

Location, Tax and Other Information

Legal Description: OHMERS-COULTER LOT 4 LOTS 61 THRU 64 & ADJ E 10'
Listing City: Fargo
Map Page: 999
Municipality: Fargo
School District: Fargo
Zip Plus 4: 6525
Property ID Number: 01222004040000
Tax Year: 2023
Tax Amount: 4133
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Excellent Income producing 3 unit apartment w/2-two bed and 1-one bed. Main and upper unit are two bed w/ hardwood and 1 full bath. Basement is 1-Bed and 1-bath. Rents are #1-$895/month, #2-$1070/month, and #3-695/month. Landlord pays elect for #2. Coin laundry in the basement. 3 garage stalls and an add'l parking spots. Unit 1 Total Baths: 1, Unit 2 Total Baths: 1, Unit 3 Total Baths: 1, Total Parking Spaces: 2, Unit 1 Living Room: 1, Unit 2 Living Room: 1, Unit 3 Living Room: 1, Unit 1 Kitchen: 1, Unit 2 Kitchen: 1, Unit 3 Kitchen: 1 Seller is related to listing agent
Directions: 14th ave to 12th st n.

Accessible

None: Yes

Basement

Concrete Block: Yes

Construction Status

Previously Owned: Yes

Exterior

Metal: Yes

Financing Terms

Conventional: Yes

Foundation

Concrete Block: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Radiant: Yes

Laundry

Common Area: Yes
Lower Level: Yes

Owner Pays

Other: Yes
Trash Collection: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Listing Office: Lakes Partners

Last Updated: January - 27 - 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.