1605 5th Avenue S, Fargo, ND 58103
$315,000
Property Type:
Multi-Family
Bedrooms:
9
Baths:
4
Square Footage:
3,568
Lot Size (sq. ft.):
6,970
Status:
Active
Current Price:
$315,000
List Date:
5/14/2026
Last Modified:
5/27/2026
Overview
Description
Listing Details MLS# 7073007
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Owner Occupied
- No
- Year Built
- 1984
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Multi-Family, Residential-Single Famil
- Main Floor Total SqFt
- 1784
- Above Ground SqFt
- 1784
- Below Grd Total SqFt
- 1784
- Total SqFt
- 3568
- Foundation Size
- 1784
- Style
- (MF) Four Plex
- Total Finished Sqft
- 3568.00
- Garage Stalls
- 4
- Lot Dimensions
- 50x140
- Acres
- 0.16
- Assessment Pending
- Yes
Property Features
Accessible:
None
Amenities Shared:
Coin-op Laundry Leased
Construction Status:
Previously Owned
Exterior:
Wood
Foundation:
Poured Concrete
Fuel:
Electric
Heating:
Baseboard
Laundry:
Common Area; Laundry Room; Lower Level
Lock Box Type:
Supra
Owner Pays:
Electricity; Sewer; Water
Rental License Type:
Standard
Roof:
Asphalt Shingles
Sewer:
City Sewer/Connected
Tenant Pays:
Electricity
Unit 1 Cooling:
Wall
Unit 2 Cooling:
Wall
Unit 3 Cooling:
Wall
Unit 4 Cooling:
Wall
Water:
City Water/Connected
Contract Information
- Contingency
- Inspection
- Original List Price
- 315000
- ListPrice
- 315000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 1605
- Street Name
- 5th
- Street Suffix
- Avenue
- Street Direction Suffix
- S
- Postal City
- Fargo
- County
- Cass
- State
- ND
- Zip Code
- 58103
- Complex/Dev/Subdivision
- Case Peake & Halls
Assessments
- Assessment Balance
- 12234
- Assessment Installment
- 874.08
- Tax With Assessments
- 5230
Building Information
- Finished SqFt Above Ground
- 1784
- Finished SqFt Below Ground
- 1784
More Information
Income and Expenses
- Annual Gross Income
- 27900
- Misc. Annual Income
- 900
- 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
- LCAR
- Supra
- Yes
Miscellaneous Information
- DP Resource
- Yes
- Homestead
- No
Ownership
- Fractional Ownership
- No
Unit 1
- Furnished?
- No
- Leased?
- Yes
- Unit Number
- Yes
- Annual Rent
- 7200
- Finished SqFt
- 875
- Full Baths
- Yes
- Monthly Rent
- 600
- No. of Units Like This
- Yes
- Total Baths
- Yes
- Total Bedrooms
- 2
- Total Rooms
- 5
Unit 2
- Furnished?
- No
- Leased?
- Yes
- Unit Number
- 2
- Annual Rent
- 5400
- Finished SqFt
- 875
- Full Baths
- Yes
- Monthly Rent
- 450
- 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
- Finished SqFt
- 875
- Full Baths
- Yes
- Monthly Rent
- 625
- No. of Units Like This
- Yes
- Total Baths
- Yes
- Total Bedrooms
- 2
- Total Rooms
- 5
Unit 4
- Furnished?
- No
- Leased?
- Yes
- Unit Number
- 4
- Annual Rent
- 7800
- Finished SqFt
- 943
- Full Baths
- Yes
- Monthly Rent
- 650
- No. of Units Like This
- Yes
- Total Baths
- Yes
- Total Bedrooms
- 3
- Total Rooms
- 6
Unit Details
- Total Units
- 4
Office/Member Info
- Association
- FMR
Location, Tax and Other Information
- High School
- Fargo North
- Legal Description
- CASE PEAKE & HALLS LOT 17 BLK 4
- Listing City
- Fargo
- Map Page
- 999
- Municipality
- Fargo
- School District
- Fargo
- Zip Plus 4
- 9540
- Property ID Number
- 01034000500000
- Tax Year
- 2025
- Tax Amount
- 4275.06
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- This 4plex was built in 1984 BY THE OWNER. He's owned it for over 40 years. Gross monthly rent is currently $2,325. All units are month-to-month. Owner has kept rents low since the building has had long term tenants stay. Each unit has a garage stall. Current rents compared to market rents: Unit 1 (2 bed)-$600-->$750 Unit 2 (2 bed)-$450-->$750 Unit 3 (2 bed)-$625-->$750 Unit 4 (3 bed)-$650-->$900 Gross rents if rents are improved: $3,150 Opportunity to go higher if units had updated cosmetics. Laundry income also averages about $75/ month on top of that. Owner pays electric for common space hallway and water/sewer/garbage for the building. Tenants pay electric for their unit. Notice for pending special assessment for Main Ave road project of an estimated $919.41. (attached in documents)
- Directions
- 1605 5th Ave S Fargo ND 58103
Accessible
- None
- Yes
Amenities Shared
- Coin-op Laundry Leased
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Wood
- Yes
Foundation
- Poured Concrete
- Yes
Fuel
- Electric
- Yes
Heating
- Baseboard
- Yes
Laundry
- Common Area
- Yes
- Laundry Room
- Yes
- Lower Level
- Yes
Owner Pays
- Electricity
- Yes
- Sewer
- Yes
- Water
- Yes
Rental License Type
- Standard
- Yes
Roof
- Asphalt Shingles
- Yes
Sewer
- City Sewer/Connected
- Yes
Water
- City Water/Connected
- Yes
No. of Ranges
- Four
- Yes
No. of Refrigerators
- Four
- Yes
Tenant Pays
- Electricity
- Yes
Unit 1 Cooling
- Wall
- Yes
Unit 2 Cooling
- Wall
- Yes
Unit 3 Cooling
- Wall
- Yes
Unit 4 Cooling
- Wall
- Yes
Listing Office:
REAL (3961 WF)
Last Updated: May - 27 - 2026
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