1224 11 Avenue N, Fargo, ND 58102

$185,000
Property Type: Multi-Family Square Footage: 2,421 Lot Size (sq. ft.): 6,992 Status: Closed
Current Price: $185,000 List Date: 10/13/2023 Last Modified: 8/08/2025

Overview

Description

Great investment property located near NDSU and downtown Fargo. This 4-plex is well maintained and fully rented. There are 4 parking spaces., Unit 1 Total Baths: 1, Unit 2 Total Baths: 1, Unit 3 Total Baths: 1, Unit 4 Total Baths: 1, Income/Expenses: (Total Income: 24360.00, Management: 0.00, Utilities: 3950.00, Maintenance: 0.00, Wages: 0.00)

Listing Details MLS# 7368561

General Property Information

Lot Measurement
Square Feet
Lowest Rental Unit
Below Grade
Multiple PIDs?
No
Year Built
1915
Yearly/Seasonal
Yearly
Above Ground SqFt
1614
Below Grd Total SqFt
807
Total SqFt
2421
Lot Size SqFt
6992
Total Finished Sqft
2421.00
Garage Stalls
Yes
Lot Dimensions
70 x 100
Bath Three Quarters
0
Bath Half
0
Bath Quarter
0

Property Features

Basement: Concrete Block Disclosures: Seller's Disclosure Available Financing Terms: Conventional Fuel: Natural Gas; Oil Roof: Asphalt Shingles; Flat Sewer: City Sewer/Connected Showing Requirements: Appointment Only; Showing Service Tenant Pays: Electricity Unit 1 Cooling: Window Unit 2 Cooling: Window Unit 3 Cooling: Window Unit 4 Cooling: Window Water: City Water/Connected

Contract Information

Digitally Altered Photos
No
Exclusions
None
Off Market Date
2023-10-24
Contingency
None
Closed Date
2023-12-01
Original List Price
200000
ListPrice
200000
Sales Close Price
185000
Auction?
No

Location Tax and Other Information

House Number
1224
Street Name
11
Street Suffix
Avenue
Street Direction Suffix
N
Postal City
Fargo
County
Cass
State
ND
Zip Code
58102

Assessments

Assessment Balance
2011.34
Assessment Installment
573.32
Assessments Paid Seller
0
Drain Assessment
0

Building Information

Finished SqFt Above Ground
1614
Finished SqFt Below Ground
807

More Information

Income and Expenses

Annual Gross Income
24360
Annual Insurance Expense
2600
Annual Maintenance Expense
3950
Total Annual Expenses
9514

Ownership

Fractional Ownership
No

Unit 1

Furnished?
No
Leased?
No
Unit Number
Yes
Annual Rent
7800
Finished SqFt
807
Monthly Rent
650
No. of Units Like This
Yes
Oth Parking Spaces
Yes
Total Baths
Yes
Total Bedrooms
Yes

Unit 2

Furnished?
No
Leased?
No
Unit Number
2
Annual Rent
5400
Monthly Rent
450
Oth Parking Spaces
Yes
Total Baths
Yes

Unit 3

Furnished?
No
Leased?
No
Unit Number
3
Annual Rent
5520
Monthly Rent
460
Oth Parking Spaces
Yes
Total Baths
Yes

Unit 4

Furnished?
No
Leased?
No
Unit Number
4
Annual Rent
5640
Monthly Rent
470
Oth Parking Spaces
Yes
Total Baths
Yes
Total Bedrooms
Yes

Unit Details

Total Units
4

Office/Member Info

Association
FMR

Location, Tax and Other Information

High School
Fargo North
Legal Description
CHAPINS-HOBSONS SUB W 70' OF LOTS 10 & 11 BLK 10
Map Page
999
Municipality
Fargo
School District
Fargo
Map Coordinate Source
RETS
Country
US
Property ID Number
01044001850000
Tax Year
2022
Tax Amount
2562.77
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Great investment property located near NDSU and downtown Fargo. This 4-plex is well maintained and fully rented. There are 4 parking spaces., Unit 1 Total Baths: 1, Unit 2 Total Baths: 1, Unit 3 Total Baths: 1, Unit 4 Total Baths: 1, Income/Expenses: (Total Income: 24360.00, Management: 0.00, Utilities: 3950.00, Maintenance: 0.00, Wages: 0.00)

Basement

Concrete Block
Yes

Disclosures

Seller's Disclosure Available
Yes

Financing Terms

Conventional
Yes

Fuel

Natural Gas
Yes
Oil
Yes

Roof

Asphalt Shingles
Yes
Flat
Yes

Sewer

City Sewer/Connected
Yes

Showing Requirements

Appointment Only
Yes
Showing Service
Yes

Water

City Water/Connected
Yes

Tenant Pays

Electricity
Yes

Unit 1 Cooling

Window
Yes

Unit 2 Cooling

Window
Yes

Unit 3 Cooling

Window
Yes

Unit 4 Cooling

Window
Yes
IDX
Listing Office: Roers Real Estate Services LLC
Last Updated: August - 08 - 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.

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