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726-728 31st Street N, Fargo, ND 58102

$282,500

Property Type: Multi-Family Bedrooms: 6 Baths: 4 Square Footage: 2,016 Lot Size (sq. ft.): 7,405 Status: Closed

Current Price: $282,500 List Date: 5/07/2025 Last Modified: 10/01/2025

Overview

Description

Great Investment Opportunity in North Fargo! This well-maintained slab-on-grade duplex offers two spacious units, each with 3 bedrooms, 2 bathrooms, and identical single-level floor plans. Both units are currently rented, making it a turnkey addition to your investment portfolio. Each unit also includes its own garage for added convenience. Contact your favorite Realtor today to schedule a private showing!

Listing Details MLS# 6717043

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1976
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 2016
Above Ground SqFt: 2016
Total SqFt: 2016
Foundation Size: 2016
Style: (MF) Duplex Side X Side
Total Finished Sqft: 2016.00
Garage Stalls: 2
Lot Dimensions: 62x126
Acres: 0.17
Below Grd Total SqFt: 0

Property Features

Accessible: No Stairs External Assumable Loan: Not Assumable Basement: Other Construction Status: Previously Owned Disclosures: Seller's Disclosure Available Existing Financing: Conventional Exterior: Brick/Stone; Vinyl Financing Terms: Conventional Foundation: Other Fuel: Electric Heating: Baseboard Lock Box Type: Supra Owner Pays: Insurance; Trash Collection Possession: At Closing Sewer: City Sewer/Connected Showing Requirements: 24 Hour Notice; Appointment Only; Lockbox; See Remarks; Showing Service Stories: One Tenant Pays: Electricity; Heat; Water Unit 1 Cooling: Wall Unit 2 Cooling: Wall Water: City Water/Connected

Contract Information

Digitally Altered Photos: No
Exclusions: Tenants Personal Property
Off Market Date: 2025-05-15
Contingency: None
Closed Date: 2025-06-09
Original List Price: 289900
ListPrice: 289900
Sales Close Price: 282500
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 726-728
Street Name: 31st
Street Suffix: Street
Street Direction Suffix: N
Postal City: Fargo
County: Cass
State: ND
Zip Code: 58102
Complex/Dev/Subdivision: Model Cities

Assessments

Assessment Installment: 114.44
Drain Assessment: 70.44
Tax With Assessments: 3091.23
Assessment Balance: 0
Assessments Paid Seller: 0

Building Information

Finished SqFt Above Ground: 2016

More Information

Income and Expenses

Annual Electric Expense: 26.74
Annual Gross Expenses: 5465
Annual Gross Income: 28740
Annual Insurance Expense: 757
Annual Maintenance Expense: 700
Annual Trash Expense: 350
Total Annual Expenses: 5465
Annual Caretaker Expense: 0
Annual Fuel Expense: 0
Annual Repair Expense: 0
Annual Water/Sewer Expense: 0

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: FMR
Supra: Yes

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Unit 1

Furnished?: No
Leased?: Yes
Unit Number: Yes
3/4 Baths: Yes
Annual Rent: 14100
Finished SqFt: 1008
Full Baths: Yes
Monthly Expense: 160
Monthly Rent: 1175
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 7

Unit 2

Furnished?: No
Leased?: Yes
Unit Number: 2
3/4 Baths: Yes
Annual Rent: 14640
Finished SqFt: 1008
Full Baths: Yes
Monthly Expense: 160
Monthly Rent: 1220
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 7

Unit Details

Total Units: 2

Office/Member Info

Association: FMR

Location, Tax and Other Information

Legal Description: MODEL CITIES SUB LOT 2 BLK 3
Listing City: Fargo
Map Page: 999
Municipality: Fargo
School District: Fargo
Zip Plus 4: 5674
Property ID Number: 01202000560000
Square Footage Source: County Records
Tax Year: 2024
Tax Amount: 2906.35
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Great Investment Opportunity in North Fargo! This well-maintained slab-on-grade duplex offers two spacious units, each with 3 bedrooms, 2 bathrooms, and identical single-level floor plans. Both units are currently rented, making it a turnkey addition to your investment portfolio. Each unit also includes its own garage for added convenience. Contact your favorite Realtor today to schedule a private showing!
Directions: Use Google Maps

Accessible

No Stairs External: Yes

Assumable Loan

Not Assumable: Yes

Basement

Other: Yes

Construction Status

Previously Owned: Yes

Disclosures

Seller's Disclosure Available: Yes

Existing Financing

Conventional: Yes

Exterior

Brick/Stone: Yes
Vinyl: Yes

Financing Terms

Conventional: Yes

Foundation

Other: Yes

Fuel

Electric: Yes

Heating

Baseboard: Yes

Owner Pays

Insurance: Yes
Trash Collection: Yes

Possession

At Closing: Yes

Sewer

City Sewer/Connected: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Lockbox: Yes
See Remarks: Yes
Showing Service: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

Tenant Pays

Electricity: Yes
Heat: Yes
Water: Yes

Unit 1 Cooling

Wall: Yes

Unit 2 Cooling

Wall: Yes

Listing Office: REALTY XPERTS

Last Updated: October - 01 - 2025

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.