BUILD A HOME | KW Realities - Logo

1114 UNIVERSITY Drive N, Fargo, ND 58102

$241,000
Property Type: Multi-Family Bedrooms: 9 Baths: 5 Square Footage: 3,880 Lot Size (sq. ft.): 7,000 Status: Closed
Current Price: $241,000 List Date: 6/03/2024 Last Modified: 10/01/2025

Overview

Description

Location, location, location! Nice 4-plex just down the road from NDSU. This college property has a great rental history with total gross rents of $37,320! Would make a great first investment property. Seller may consider Contract for Deed to qualified Buyer. Call your favorite Realtor and line up a showing today! Owner/Agent.

Listing Details MLS# 6544406

General Property Information

Lot Measurement
Square Feet
Multiple PIDs?
No
Owner Occupied
No
Year Built
1905
Yearly/Seasonal
Yearly
Main Floor Total SqFt
1940
Above Ground SqFt
1940
Below Grd Total SqFt
1940
Total SqFt
3880
Foundation Size
1940
Lot Size SqFt
7000
Style
(MF) Four Plex
Total Finished Sqft
3880.00
Lot Dimensions
50x140
Assessment Pending
Unknown
Garage Stalls
0

Property Features

Accessible: None Basement: Concrete Block Construction Status: Previously Owned Exterior: Fiber Board Financing Terms: Conventional Foundation: Concrete Block Fuel: Electric Heating: Baseboard Lock Box Type: Combo Possession: At Closing Rental License Type: Standard Roof: Asphalt Shingles Sewer: City Sewer/Connected Showing Requirements: Call Listing Agent Stories: Two Tenant Pays: Electricity; Heat Water: City Water/Connected

Contract Information

Digitally Altered Photos
No
Off Market Date
2024-09-13
Contingency
None
Closed Date
2024-11-08
Original List Price
300000
ListPrice
260000
Sales Close Price
241000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
1114
Street Name
UNIVERSITY
Street Suffix
Drive
Street Direction Suffix
N
Postal City
Fargo
County
Cass
State
ND
Zip Code
58102

Assessments

Assessment Balance
782.29
Assessment Installment
216.55
Drain Assessment
85.42
Tax With Assessments
4481.07
Assessments Paid Seller
0

Building Information

Finished SqFt Above Ground
1940
Finished SqFt Below Ground
1940

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Unit 1

Furnished?
No
Leased?
Yes
Unit Number
Yes
Annual Rent
15550
Full Baths
Yes
Monthly Rent
1295
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
4
Total Rooms
Yes

Unit 2

Furnished?
No
Leased?
Yes
Unit Number
2
Annual Rent
8340
Full Baths
Yes
Monthly Rent
695
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
Yes

Unit 3

Furnished?
No
Leased?
Yes
Unit Number
3
Annual Rent
8340
Full Baths
2
Monthly Rent
695
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
2
Total Rooms
Yes

Unit 4

Furnished?
No
Leased?
Yes
Unit Number
4
Annual Rent
5940
Full Baths
Yes
Monthly Rent
495
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
Yes

Unit Details

Total Units
4

Office/Member Info

Association
FMR

Location, Tax and Other Information

High School
Fargo North
Legal Description
KIRKHAMS 2ND LOT 7 BLK 12
Listing City
Fargo
Map Page
999
Municipality
Fargo
School District
Fargo
Country
US
Property ID Number
01164001480000
Square Footage Source
County Records
Tax Year
2024
Tax Amount
4475
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Location, location, location! Nice 4-plex just down the road from NDSU. This college property has a great rental history with total gross rents of $37,320! Would make a great first investment property. Seller may consider Contract for Deed to qualified Buyer. Call your favorite Realtor and line up a showing today! Owner/Agent.

Accessible

None
Yes

Basement

Concrete Block
Yes

Construction Status

Previously Owned
Yes

Exterior

Fiber Board
Yes

Financing Terms

Conventional
Yes

Foundation

Concrete Block
Yes

Fuel

Electric
Yes

Heating

Baseboard
Yes

Lock Box Type

Combo
Yes

Possession

At Closing
Yes

Rental License Type

Standard
Yes

Roof

Asphalt Shingles
Yes

Sewer

City Sewer/Connected
Yes

Showing Requirements

Call Listing Agent
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Income and Expenses

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

Tenant Pays

Electricity
Yes
Heat
Yes
IDX
Listing Office: KW Inspire Realty Keller Williams
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.
Search powered by FBS Products
Longest Open House

🚪🔑 Join the 66-Hour Longest Open House! Learn More →

Starts in :

00
Days
00
Hours
00
Minutes
00
Seconds
Learn More
Go