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1317 2nd Avenue S, Fargo, ND 58103

$319,900
Property Type: Multi-Family Bedrooms: 6 Baths: 4 Square Footage: 3,112 Lot Size (sq. ft.): 8,276 Status: Closed
Current Price: $319,900 List Date: 4/11/2025 Last Modified: 10/01/2025

Overview

Description

This well-maintained duplex offers excellent income potential and flexibility for investors or owner-occupants. One of the two units is currently rented, while the other is available—providing a great opportunity to live in one unit while generating rental income. Located near downtown Fargo, this property offers convenient access to shopping, dining, and entertainment. Off-street parking is available on-site, making it even more desirable for tenants. Whether you're looking to expand your rental portfolio or secure a home with income potential, this versatile multi-family property is a fantastic find. Note: Seller prefers to sell this property together with the adjacent tri-plex at 1321 2nd Ave S. However, the seller is willing to sell separately if an access easement is recorded on this property for the benefit of 1321 2nd Ave S at the buyer’s expense. Don’t miss out—schedule your showing today!

Listing Details MLS# 6687516

General Property Information

Lot Measurement
Acres
Lowest Rental Unit
Above Grade
Multiple PIDs?
No
Owner Occupied
No
Year Built
1993
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1504
Above Ground SqFt
3112
Total SqFt
3112
Foundation Size
3112
Style
(MF) Duplex Side X Side
Total Finished Sqft
3112.00
Garage Stalls
2
Lot Dimensions
64x130
Acres
0.19

Property Features

Accessible: None Amenities Shared: Other Basement: Slab Construction Status: Previously Owned Disclosures: Leases Available; Seller's Disclosure Available Exterior: Steel Siding Financing Terms: Conventional Flooring: Carpet; Vinyl Foundation: Slab Fuel: Natural Gas Heating: Forced Air Laundry: In Unit Lock Box Type: Supra Owner Pays: None Parking Characteristics: Tuckunder Garage; Uncovered/Open Roof: Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Showing Requirements: See Remarks Stories: Two Tenant Pays: All Utilities Unit 1 Appliances: Dishwasher; Disposal; Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath; Upper Level Full Bath Unit 1 Cooling: Central Unit 2 Appliances: Dishwasher; Disposal; Range; Refrigerator Unit 2 Bath Description: Main Floor Full Bath; Upper Level Full Bath Unit 2 Cooling: Central Water: City Water/Connected

Contract Information

Digitally Altered Photos
No
Off Market Date
2025-04-18
Contingency
None
Closed Date
2025-06-09
Original List Price
319900
ListPrice
319900
Sales Close Price
319900
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
1317
Street Name
2nd
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Fargo
County
Cass
State
ND
Zip Code
58103
Complex/Dev/Subdivision
Eddy & Fullers Outlots

Assessments

Assessment Balance
1130
Assessment Installment
434.38
Assessments Paid Seller
142.46
Tax With Assessments
4370

Building Information

Finished SqFt Above Ground
3112

More Information

Income and Expenses

Annual Gross Income
32280

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
FMR

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
19x20
Garage Door Width
16

Unit 1

Furnished?
No
Lease Expiration Date
2025-03-31
Leased?
Yes
Unit Number
Yes
Annual Rent
16800
Finished SqFt
1784
Full Baths
2
Monthly Rent
1400
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
3
Total Rooms
3

Unit 2

Furnished?
No
Lease Expiration Date
2025-03-31
Leased?
No
Unit Number
2
Annual Rent
16200
Finished SqFt
1784
Full Baths
2
Monthly Rent
1350
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
3
Total Rooms
3

Unit Details

Total Units
2
IDX
Listing Office: Dakota Plains Realty
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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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