1805 13 1/2 Street S, Fargo, ND 58103

$329,000
Property Type: Multi-Family Bedrooms: 8 Baths: 4 Square Footage: 4,032 Lot Size (sq. ft.): 7,841 Status: Closed
Current Price: $329,000 List Date: 4/10/2026 Last Modified: 6/15/2026

Overview

Description

Rare on-market 4plex investment opportunity near Sanford university & interstate. Building was acquired as part of a large portfolio purchase. INVESTOR INFO: All units are 2 bed/1bath. Additional storage units on top floor hallways. Building does have garages. Photos are generic photos from turned units. Unit 1: $647 lease thru 9/30/26 Unit 2: 799 lease thru 1/31/27 Unit 3: $739 lease thru 8/31/27 Unit 4: $812 lease thru 11/30/26 Market rent roll for this building: $2997/mo ADDITIONAL INCOME: Property does have RUBS implemented AKA tenants pay their own utilities on a ratio billing system. Transferrable to next owner. In February approx $300 was collected from tenants in utility reimbursement/income Property does have laundry income. EXPENSES: Property Management: Buyer can estimate Insurance: Buyer can estimate, many carriers in ND differ on pricing and coverage. Utilities: Buyer to project and plan for themselves. Water/Sewer/garbage/Gas averaged $278/mo last year. Snow & La ...

Listing Details MLS# 7052465

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1957
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
2016
Above Ground SqFt
2016
Below Grd Total SqFt
2016
Total SqFt
4032
Foundation Size
2016
Style
(MF) Four Plex
Total Finished Sqft
4032.00
Garage Stalls
4
Lot Dimensions
55x150
Acres
0.18
Assessment Pending
No

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned Basement: Other Construction Status: Previously Owned Exterior: Vinyl Financing Terms: Conventional Foundation: Other Fuel: Natural Gas Heating: Boiler Laundry: Lower Level Rental License Type: Standard Roof: Architectural Shingle Sewer: City Sewer/Connected Unit 1 Appliances: Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Wall Unit 2 Cooling: Wall Unit 3 Cooling: Wall Unit 4 Cooling: Wall Water: City Water/Connected

Contract Information

Off Market Date
2026-04-21
Contingency
None
Closed Date
2026-06-12
Original List Price
329000
ListPrice
329000
Sales Close Price
329000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
1805
Street Name
13 1/2
Street Suffix
Street
Street Direction Suffix
S
Postal City
Fargo
County
Cass
State
ND
Zip Code
58103
Complex/Dev/Subdivision
Bohnsacks 2nd

Assessments

Assessment Balance
5521.34
Assessment Installment
614.41
Tax With Assessments
4673

Building Information

Finished SqFt Above Ground
2016
Finished SqFt Below Ground
2016

More Information

Income and Expenses

Annual Gross Income
35964
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
FMR

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Unit 1

Furnished?
No
Lease Expiration Date
2026-09-30
Leased?
Yes
Level
Below Ground
Unit Number
Yes
Annual Rent
7764
Finished SqFt
945
Full Baths
Yes
Monthly Rent
647
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
6

Unit 2

Furnished?
No
Lease Expiration Date
2027-01-31
Leased?
Yes
Level
Below Ground
Unit Number
2
Annual Rent
9588
Finished SqFt
945
Full Baths
Yes
Monthly Rent
799
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
6

Unit 3

Furnished?
No
Lease Expiration Date
2026-08-31
Leased?
Yes
Level
2nd Level
Unit Number
3
Annual Rent
8868
Finished SqFt
945
Full Baths
Yes
Monthly Rent
739
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
6

Unit 4

Furnished?
No
Lease Expiration Date
2026-11-30
Leased?
Yes
Level
2nd Level
Unit Number
4
Annual Rent
9744
Finished SqFt
945
Full Baths
Yes
Monthly Rent
812
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
6

Unit Details

Total Units
4

Office/Member Info

Association
FMR

Location, Tax and Other Information

High School
Fargo South
Legal Description
BOHNSACKS 2ND N 55' OF S 58' OF LOT 2 & THAT PT OF LOT 2, BLK 8, DESC AS FOLL: COMM AT A PT O N THE NE COR OF LT 2, THEN PROCEEDING IN A SLY DIR ALG THE E LN OF SD LT 2 A DIS T OF 7' TO A PT ON SD LT LN, THEN IN A W LY DIR A DIST OF 40' ON A LN PARA WITH T HE E & W LT LN BETW SD LTS 1 & 2 WHICH S HALL BE THE PT OF BEG, THEN PROCEEDING I N A NLY DIR & PARA WITH THE E LN OF SD L T 2 A DIST OF 2' THEN IN A WLY DIR & PAR A WITH THE E & W LN OF SD LT 2 A DIST OF 75' THEN IN A SLY DIR & PARA WITH THE E LN OF SD LT 2 A DIST OF 75' TO THE PT OF BEG. **12/6/94 DESC CORR PER DEED
Listing City
Fargo
Map Page
999
Municipality
Fargo
School District
Fargo
Zip Plus 4
188
Property ID Number
01016201320000
Tax Year
2025
Tax Amount
4058.66
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Rare on-market 4plex investment opportunity near Sanford university & interstate. Building was acquired as part of a large portfolio purchase. INVESTOR INFO: All units are 2 bed/1bath. Additional storage units on top floor hallways. Building does have garages. Photos are generic photos from turned units. Unit 1: $647 lease thru 9/30/26 Unit 2: 799 lease thru 1/31/27 Unit 3: $739 lease thru 8/31/27 Unit 4: $812 lease thru 11/30/26 Market rent roll for this building: $2997/mo ADDITIONAL INCOME: Property does have RUBS implemented AKA tenants pay their own utilities on a ratio billing system. Transferrable to next owner. In February approx $300 was collected from tenants in utility reimbursement/income Property does have laundry income. EXPENSES: Property Management: Buyer can estimate Insurance: Buyer can estimate, many carriers in ND differ on pricing and coverage. Utilities: Buyer to project and plan for themselves. Water/Sewer/garbage/Gas averaged $278/mo last year. Snow & Lawn: Buyer can quote and estimate, cost can vary. Repairs & Maintenance: Unit turns and property improvements can be estimated by buyer. More in-depth costs can be shared with buyer as part of a due diligence. SHOWINGS: Unit 2 in building 1813 is empty and available for showings. This is the only unit available for showing. Other units will be made available during due diligence with contracted buyer. 1809 & 1813 neighboring 4plexes are available as a larger package if interested.
Directions
13 1/2

Accessible

None
Yes

Amenities Shared

Coin-op Laundry Owned
Yes

Basement

Other
Yes

Construction Status

Previously Owned
Yes

Exterior

Vinyl
Yes

Financing Terms

Conventional
Yes

Foundation

Other
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes

Laundry

Lower Level
Yes

Rental License Type

Standard
Yes

Roof

Architectural Shingle
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

No. of Ranges

Four
Yes

No. of Refrigerators

Four
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Cooling

Wall
Yes

Unit 2 Cooling

Wall
Yes

Unit 3 Cooling

Wall
Yes

Unit 4 Cooling

Wall
Yes

Documents

IDX
Listing Office: REAL (3961 WF)
Last Updated: June - 15 - 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.
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