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431 4th Avenue E, West Fargo, ND 58078

$405,000

Property Type: Multi-Family Bedrooms: 8 Baths: 4 Square Footage: 3,825 Lot Size (sq. ft.): 15,246 Status: Closed

Current Price: $405,000 List Date: 3/28/2026 Last Modified: 5/02/2026

Overview

Description

4-plex with $4,205 in gross rents! Tenants pay ALL utilities. All units are currently leased long term. What makes this 4-plex unique: 1. All units are separately parceled (potential for condos in the future) 2. All units have In-Unit laundry 3. All units have private yards (2 are fenced in) 4. All units are ground level with private entries 5. Owner is not responsible for ANY utilities Could take advantage of a house hack opportunity or leverage as a strict investment regarding the fact that this one goes above and beyond the 1% rule. Owner/Agent

Listing Details MLS# 7044664

General Property Information

Lot Measurement: Acres
Multiple PIDs?: Yes
Owner Occupied: No
Year Built: 1960
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1275
Above Ground SqFt: 2550
Below Grd Total SqFt: 1275
Total SqFt: 3825
Foundation Size: 1913
Style: (MF) Four Plex
Total Finished Sqft: 3825.00
Lot Dimensions: 85x180x85x180
Acres: 0.35
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: Other Assumable Loan: Not Assumable Basement: Crawl Space Construction Status: Previously Owned Exterior: Vinyl Fencing: Partial Financing Terms: Conventional Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: In Unit Lock Box Type: Combo Lot Description: Corner Lot Owner Pays: None Parking Characteristics: Gravel Lot Roof: Asphalt Shingles Sewer: City Sewer/Connected Stories: One and One Half Tenant Pays: All Utilities Unit 1 Cooling: Wall Unit 2 Cooling: Wall Unit 3 Cooling: Wall Unit 4 Cooling: Wall Water: City Water/Connected

Contract Information

Exclusions: Tenant Personal Property
Off Market Date: 2026-04-02
Contingency: None
Closed Date: 2026-04-30
Original List Price: 415000
ListPrice: 415000
Sales Close Price: 405000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 431
Street Name: 4th
Street Suffix: Avenue
Street Direction Suffix: E
Postal City: West Fargo
County: Cass
State: ND
Zip Code: 58078
Complex/Dev/Subdivision: Eastridge 1st

Additional Parcels Information

Property ID #2: 02020000060020
Property ID #3: 02020000060030,02020000060040

Assessments

Assessment Balance: 1670.32
Assessment Installment: 244
Tax With Assessments: 5964

More Information

Building Information

Finished SqFt Above Ground: 2550
Finished SqFt Below Ground: 1275

Income and Expenses

Annual Gross Expenses: 21000
Annual Gross Income: 50460
Annual Net Income: 29460
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Misc Monthly Income: 0
Misc. Annual Income: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Unit 1

Furnished?: No
Lease Expiration Date: 2026-09-30
Leased?: Yes
Level: Main Level
Unit Number: Yes
Annual Rent: 13200
Finished SqFt: 956
Full Baths: Yes
Monthly Rent: 1100
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit 2

Furnished?: No
Lease Expiration Date: 2026-11-30
Leased?: Yes
Level: Main Level
Unit Number: 2
Annual Rent: 14400
Finished SqFt: 956
Full Baths: Yes
Monthly Rent: 1200
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit 3

Furnished?: No
Lease Expiration Date: 2026-06-30
Leased?: Yes
Level: Main Level
Unit Number: 3
Annual Rent: 11760
Finished SqFt: 956
Full Baths: Yes
Monthly Rent: 980
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit 4

Furnished?: No
Lease Expiration Date: 2026-09-30
Leased?: Yes
Level: Main Level
Unit Number: 4
Annual Rent: 11100
Finished SqFt: 956
Full Baths: Yes
Monthly Rent: 925
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

Legal Description: LOT 6 BLK 1 EASTRIDGE EASTRIDGE ARMS CONDO #6 UNIT 611-614 LOT 6 BLK 1
Listing City: West Fargo
Map Page: 999
Municipality: West Fargo
School District: West Fargo
Zip Plus 4: 1952
Property ID Number: 02020000060010
Tax Year: 2025
Tax Amount: 5720
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 4-plex with $4,205 in gross rents! Tenants pay ALL utilities. All units are currently leased long term. What makes this 4-plex unique: 1. All units are separately parceled (potential for condos in the future) 2. All units have In-Unit laundry 3. All units have private yards (2 are fenced in) 4. All units are ground level with private entries 5. Owner is not responsible for ANY utilities Could take advantage of a house hack opportunity or leverage as a strict investment regarding the fact that this one goes above and beyond the 1% rule. Owner/Agent
Directions: 431 4th Ave E, West Fargo, ND 58078

Accessible

Other: Yes

Assumable Loan

Not Assumable: Yes

Basement

Crawl Space: Yes

Construction Status

Previously Owned: Yes

Exterior

Vinyl: Yes

Fencing

Partial: Yes

Financing Terms

Conventional: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Laundry

In Unit: Yes

Lock Box Type

Combo: Yes

Lot Description

Corner Lot: Yes

Owner Pays

None: Yes

Parking Characteristics

Gravel Lot: Yes

Patio, Porch and Deck Features

Patio: Yes
Porch: Yes

Roof

Asphalt Shingles: Yes

Sewer

City Sewer/Connected: Yes

Stories

One and One Half: Yes

Water

City Water/Connected: Yes

No. of Ranges

Four: Yes

No. of Refrigerators

Four: Yes

Tenant Pays

All Utilities: 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 - 02 - 2026

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