601 5th Street N, Fargo, ND 58102
$250,000
Property Type:
Multi-Family
Bedrooms:
6
Baths:
4
Square Footage:
2,959
Lot Size (sq. ft.):
2,178
Status:
Closed
Current Price:
$250,000
List Date:
2/13/2026
Last Modified:
4/08/2026
Overview
Description
...
(Read more)
Located at 601 5th St N, this high-occupancy 4-unit property sits just steps from the heart of downtown Fargo, offering exceptional access to restaurants, shopping, parks, and Sanford Downtown Medical Center. The building has a strong rental history with well-maintained units, making it a dependable income-producing asset with immediate upside potential.
Recent updates include a new water heater and basement wall bracing (2017), new roof and renovated bathroom (2020), new windows (2022), and upgrading electrical service to 100 amp (2025).
The main level bathroom was completely renovated, and the original cast iron stack and galvanized piping to upper unit fixtures were replaced with PVC. Two parking spaces are located on the east side of the building, with additional on-street parking available in front. There is potential to vacate both the alley and the remaining segment of 5th St N to create dedicated off-street parking.
Opportunity for owner-occupancy with one upcoming available unit. The property maintains consistently strong occupancy, and vacancies are infrequent and fill quickly.
Owner/Agent.
Listing Details MLS# 7019752
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Owner Occupied
- No
- Waterfront YN
- No
- Year Built
- 1905
- Yearly/Seasonal
- Yearly
- Zoning
- Other
- Main Floor Total SqFt
- 971
- Above Ground SqFt
- 1988
- Below Grd Total SqFt
- 971
- Total SqFt
- 2959
- Foundation Size
- 971
- Style
- (MF) Four Plex
- Total Finished Sqft
- 2033.00
- Lot Dimensions
- 65x50
- Acres
- 0.05
- Garage Stalls
- 0
Property Features
Accessible:
None
Amenities Shared:
Coin-op Laundry Owned
Construction Materials:
Frame
Construction Status:
Previously Owned
Electric:
100 Amp Service
Existing Financing:
Conventional
Exterior:
Cement Board
Financing Terms:
Conventional
Foundation:
Poured Concrete
Fuel:
Natural Gas
Heating:
Boiler
Laundry:
Common Area
Lock Box Type:
Combo
Lot Description:
Zero Lot Line
Owner Pays:
Heat; Sewer; Trash Collection; Water
Pool Description:
None
Rental License Type:
Standard
Road Frontage:
None
Road Responsibility:
Public Maintained Road
Roof:
Asphalt Shingles
Sellers Terms:
Cash; Conventional; FHA; VA
Sewer:
City Sewer/Connected
Stories:
Two
Tenant Pays:
Electricity
Unit 1 Appliances:
Dishwasher; Range; Refrigerator
Unit 1 Bath Description:
Main Floor Full Bath
Unit 1 Cooling:
Window
Unit 1 Dining Room Description:
Living/Dining Room
Unit 2 Appliances:
Dishwasher; Range; Refrigerator
Unit 2 Cooling:
Window
Unit 3 Appliances:
Range; Refrigerator
Unit 3 Cooling:
Window
Unit 4 Appliances:
Range; Refrigerator
Unit 4 Cooling:
None
Water:
City Water/Connected
Contract Information
- Exclusions
- Tenant personal property
- Off Market Date
- 2026-04-01
- Contingency
- None
- Closed Date
- 2026-04-01
- Original List Price
- 244900
- ListPrice
- 244900
- Sales Close Price
- 250000
- Owner is an Agent?
- Yes
- Auction?
- No
Location Tax and Other Information
- House Number
- 601
- Street Name
- 5th
- Street Suffix
- Street
- Street Direction Suffix
- N
- Postal City
- Fargo
- County
- Cass
- State
- ND
- Zip Code
- 58102
- Complex/Dev/Subdivision
- Keeney & Devitts 2nd
Assessments
- Assessment Installment
- 396.17
- Tax With Assessments
- 3110.78
- Assessment Balance
- 0
Basement
- Foundation Dimensions
- 37.7x65
More Information
Building Information
- Finished SqFt Above Ground
- 1704
- Finished SqFt Below Ground
- 329
Income and Expenses
- Annual Gross Income
- 32255
- 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 Net Income
- 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
- 2025-07-31
- Leased?
- Yes
- Level
- Main Level
- Unit Number
- Yes
- Annual Rent
- 12000
- Finished SqFt
- 971
- Full Baths
- Yes
- Monthly Rent
- 1000
- No. of Units Like This
- Yes
- Total Baths
- Yes
- Total Bedrooms
- 3
- Total Rooms
- 7
Unit 2
- Furnished?
- No
- Lease Expiration Date
- 2026-02-28
- Leased?
- Yes
- Unit Number
- 2
- Annual Rent
- 7320
- Finished SqFt
- 391
- Full Baths
- Yes
- Monthly Rent
- 610
- No. of Units Like This
- Yes
- Total Baths
- Yes
- Total Bedrooms
- Yes
- Total Rooms
- 3
Unit 3
- Furnished?
- No
- Lease Expiration Date
- 2026-03-31
- Leased?
- Yes
- Unit Number
- 3
- Annual Rent
- 7140
- Finished SqFt
- 342
- Full Baths
- Yes
- Monthly Rent
- 595
- No. of Units Like This
- Yes
- Total Baths
- Yes
- Total Bedrooms
- Yes
- Total Rooms
- 3
Unit 4
- Furnished?
- No
- Lease Expiration Date
- 2025-04-30
- Leased?
- Yes
- Unit Number
- 4
- Annual Rent
- 5760
- Finished SqFt
- 329
- Full Baths
- Yes
- Monthly Rent
- 480
- No. of Units Like This
- Yes
- Total Baths
- Yes
- Total Bedrooms
- Yes
- Total Rooms
- 3
Unit Details
- Total Units
- 4
Office/Member Info
- Association
- FMR
Location, Tax and Other Information
- High School
- Fargo North
- Legal Description
- KEENEY & DEVITTS 2ND ALL LOT 1 BLK 36 LESS N 12.30'
- Listing City
- Fargo
- Map Page
- 999
- Municipality
- Fargo
- School District
- Fargo
- Zip Plus 4
- 2750
- Property ID Number
- 01154002820000
- Tax Year
- 2025
- Tax Amount
- 2857.48
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Located at 601 5th St N, this high-occupancy 4-unit property sits just steps from the heart of downtown Fargo, offering exceptional access to restaurants, shopping, parks, and Sanford Downtown Medical Center. The building has a strong rental history with well-maintained units, making it a dependable income-producing asset with immediate upside potential. Recent updates include a new water heater and basement wall bracing (2017), new roof and renovated bathroom (2020), new windows (2022), and upgrading electrical service to 100 amp (2025). The main level bathroom was completely renovated, and the original cast iron stack and galvanized piping to upper unit fixtures were replaced with PVC. Two parking spaces are located on the east side of the building, with additional on-street parking available in front. There is potential to vacate both the alley and the remaining segment of 5th St N to create dedicated off-street parking. Opportunity for owner-occupancy with one upcoming available unit. The property maintains consistently strong occupancy, and vacancies are infrequent and fill quickly. Owner/Agent.
- Directions
- Intersection of 5th St N and 6th Ave N in downtown Fargo
Accessible
- None
- Yes
Amenities Shared
- Coin-op Laundry Owned
- Yes
Construction Materials
- Frame
- Yes
Construction Status
- Previously Owned
- Yes
Electric
- 100 Amp Service
- Yes
Existing Financing
- Conventional
- Yes
Exterior
- Cement Board
- Yes
Financing Terms
- Conventional
- Yes
Foundation
- Poured Concrete
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Boiler
- Yes
Laundry
- Common Area
- Yes
Lock Box Type
- Combo
- Yes
Lot Description
- Zero Lot Line
- Yes
Owner Pays
- Heat
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Water
- Yes
Patio, Porch and Deck Features
- Porch
- Yes
Pool Description
- None
- Yes
Rental License Type
- Standard
- Yes
Road Frontage
- None
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Roof
- Asphalt Shingles
- Yes
Sellers Terms
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- Two
- Yes
Water
- City Water/Connected
- Yes
No. of Ranges
- Four
- Yes
No. of Refrigerators
- Four
- Yes
Tenant Pays
- Electricity
- Yes
Unit 1 Appliances
- Dishwasher
- Yes
- Range
- Yes
- Refrigerator
- Yes
Unit 1 Bath Description
- Main Floor Full Bath
- Yes
Unit 1 Cooling
- Window
- Yes
Unit 1 Dining Room Description
- Living/Dining Room
- Yes
Unit 2 Appliances
- Dishwasher
- Yes
- Range
- Yes
- Refrigerator
- Yes
Unit 2 Cooling
- Window
- Yes
Unit 3 Appliances
- Range
- Yes
- Refrigerator
- Yes
Unit 3 Cooling
- Window
- Yes
Unit 4 Appliances
- Range
- Yes
- Refrigerator
- Yes
Unit 4 Cooling
- None
- Yes
Listing Office:
Dakota Plains Realty
Last Updated: April - 08 - 2026
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