1813 13 1/2 ST S, Fargo, ND 58103
1813 13 1/2 ST S, Fargo, ND 58103
1813 13 1/2 ST S, Fargo, ND 58103
1813 13 1/2 ST S, Fargo, ND 58103
1813 13 1/2 ST S, Fargo, ND 58103
1813 13 1/2 ST S, Fargo, ND 58103
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$ 329,000
Est. payment | /mo

8 Beds

4 Baths

4,092 SqFt


Save
$ 329,000
Est. payment | /mo
Save

8 Beds

4 Baths

4,092 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,092 sqft

Price per Sqft $80

Subdivision Bohnsacks 2Nd

MLS Listing ID 7051892

Bedrooms 8

Year Built 1957

Annual Tax Amount $4,037

Tax Year 2025

Contingent None

Lot Dimensions 58x150

Property Sub-Type Fourplex

Property 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.
Unit 1: $695 lease thru 10/31/26
Unit 2: Empty for showings
Unit 3: $780 lease thru 5/31/26
Unit 4: $725 lease thru 8/31/26
Market rent roll for this building: $2950 - $3150/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 is empty and available for showings. Other units will be made available during due diligence with contracted buyer.
1809 & 1813 neighboring 4plexes are available as a larger package if interested.

Location

State ND

County Cass

Zoning Residential-Multi-Family

Rooms

Basement Other

Interior

Heating Boiler

Fireplace No

Laundry Lower Level

Exterior

Parking Features Detached Garage

Garage Spaces 4.0

Roof Type Architectural Shingle

Building

Story Split Entry (Bi-Level)

Foundation 2046

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Split Entry (Bi-Level)

New Construction false

Schools

High Schools Fargo South

School District Fargo

Listed by Kyle Reedstrom • REAL (3961 WF)

Schools and Properties Nearby

Paul Erickson

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1813 13 1/2 ST S