1805 13 1/2 Street S, Fargo, ND 58103
Local realty services provided by:ERA Gillespie Real Estate
1805 13 1/2 Street S,Fargo, ND 58103
$329,000
- 8 Beds
- 4 Baths
- 4,032 sq. ft.
- Multi-family
- Active
Listed by: kyle reedstrom
Office: real (3961 wf)
MLS#:7052465
Source:NSMLS
Price summary
- Price:$329,000
- Price per sq. ft.:$81.6
About this home
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....
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Home facts
- Year built:1957
- Listing ID #:7052465
- Added:1 day(s) ago
- Updated:April 11, 2026 at 12:43 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Basement:Yes
- Living area:4,032 sq. ft.
Heating and cooling
- Heating:Boiler
Structure and exterior
- Year built:1957
- Building area:4,032 sq. ft.
- Lot area:0.19 Acres
- Levels:Bi/Split Level
Schools
- High school:Fargo South
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$329,000
- Price per sq. ft.:$81.6
- Tax amount:$4,059 (2025)
Features and amenities
- Laundry features:Coin-op Laundry Owned
Parking
- Parking description:Detached Garage
- Garage:Yes
- Garage spaces:4
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