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1038 College Street N, Fargo, ND 58102

$250,000
Property Type: Multi-Family Bedrooms: 6 Baths: 4 Square Footage: 1,856 Lot Size (sq. ft.): 6,970 Status: Pending
Current Price: $250,000 List Date: 2/17/2026 Last Modified: 4/30/2026

Overview

Description

Looking for a low-maintenance addition to your portfolio? This 4-plex is located just blocks from NDSU and is currently 100% occupied. It’s been well kept, has a strong rental history, and stays full thanks to the prime location. This property features plenty of off-street parking, a huge perk for tenants in this area. No major projects needed here; just take over and start collecting rent. Schedule your tour today! Looking to sell in tandem with 1036 College St. Income/Expenses: (Total Income: 28,200.00, Utilities: 3200.00, The roof & gutters replaced in 2012. 24 hour notice required for showings.

Listing Details MLS# 7022236

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1921
Yearly/Seasonal
Yearly
Above Ground SqFt
1856
Total SqFt
1856
Foundation Size
Yes
Style
(MF) Four Plex
Total Finished Sqft
0.00
Lot Dimensions
50 x 140
Acres
0.16
Assessment Pending
No
Main Floor Total SqFt
0
Below Grd Total SqFt
0
Garage Stalls
0

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned Assumable Loan: Not Assumable Basement: Concrete Block Construction Status: Previously Owned Existing Financing: Conventional Exterior: Vinyl; Wood Foundation: Concrete Block Fuel: Electric Heating: Baseboard Laundry: Common Area Lock Box Type: Supra Owner Pays: Common Area Maintenance; Sewer; Trash Collection; Water Rental License Type: Standard Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity Water: City Water/Connected

Contract Information

Exclusions
Tenant personal property
Off Market Date
2026-04-30
Contingency
None
Original List Price
250000
ListPrice
250000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1038
Street Name
College
Street Suffix
Street
Street Direction Suffix
N
Postal City
Fargo
County
Cass
State
ND
Zip Code
58102
Complex/Dev/Subdivision
Kirkhams 2nd

Assessments

Assessment Installment
603.7
Tax With Assessments
3778
Assessment Balance
0

Income and Expenses

Annual Gross Income
28200
Annual Insurance Expense
2000
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Expenses
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0
Total Annual Expenses
0

More Information

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
Annual Rent
6900
Full Baths
Yes
Monthly Rent
575
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
4

Unit 2

Furnished?
No
Leased?
Yes
Unit Number
2
Annual Rent
7500
Full Baths
Yes
Monthly Rent
625
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit 3

Furnished?
No
Leased?
Yes
Unit Number
3
Annual Rent
7500
Full Baths
Yes
Monthly Rent
625
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
4

Unit 4

Furnished?
No
Leased?
Yes
Unit Number
4
Annual Rent
6300
Full Baths
Yes
Monthly Rent
525
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
5

Unit Details

Total Units
4

Office/Member Info

Association
FMR

Location, Tax and Other Information

High School
Fargo North
Legal Description
KIRKHAMS 2ND LOT 13 BLK 10
Listing City
Fargo
Map Page
999
Municipality
Fargo
School District
Fargo
Zip Plus 4
5006
Property ID Number
01164001060000
Tax Year
2024
Tax Amount
3778
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Looking for a low-maintenance addition to your portfolio? This 4-plex is located just blocks from NDSU and is currently 100% occupied. It’s been well kept, has a strong rental history, and stays full thanks to the prime location. This property features plenty of off-street parking, a huge perk for tenants in this area. No major projects needed here; just take over and start collecting rent. Schedule your tour today! Looking to sell in tandem with 1036 College St. Income/Expenses: (Total Income: 28,200.00, Utilities: 3200.00, The roof & gutters replaced in 2012. 24 hour notice required for showings.
Directions
Head north on Broadway or 10th St N, continue past 4th Ave N towards NDSU, and look for College St N near 10th Ave N. Park on West side of property or on East side there is street parking.

Accessible

None
Yes

Amenities Shared

Coin-op Laundry Owned
Yes

Assumable Loan

Not Assumable
Yes

Basement

Concrete Block
Yes

Construction Status

Previously Owned
Yes

Existing Financing

Conventional
Yes

Exterior

Vinyl
Yes
Wood
Yes

Foundation

Concrete Block
Yes

Fuel

Electric
Yes

Heating

Baseboard
Yes

Laundry

Common Area
Yes

Owner Pays

Common Area Maintenance
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Rental License Type

Standard
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Tenant Pays

Electricity
Yes
IDX
Listing Office: Raboin Realty
Last Updated: April - 30 - 2026
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.
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