1321 2nd Avenue S, Fargo, ND 58103 (MLS# 6687513)

With your personalized portal, you can:

Save and organize your property searches
Receive real-time updates on new and updated listings
Track and monitor homes you’re interested in
Add private notes and messages for easy reference
Customize your dashboard to fit your needs

1321 2nd Avenue S, Fargo, ND 58103

$289,900

Property Type: Multi-Family Bedrooms: 7 Baths: 4 Square Footage: 3,566 Lot Size (sq. ft.): 4,792 Status: Closed

Current Price: $289,900 List Date: 4/11/2025 Last Modified: 10/01/2025

Overview

Description

This well-maintained tri-plex is a fantastic investment opportunity with great income potential! One of the three units is currently rented, while units 2 & 3 are vacant, making it the perfect chance for an owner-occupant to choose a unit to move in and offset their mortgage with rental income. Located near downtown Fargo, this property offers tenants convenience and accessibility to shopping, dining, and entertainment. Off-street parking is available on-site, adding extra appeal for residents. Whether you're looking to expand your rental portfolio or find a home with built-in income potential, this versatile multi-family property is a must-see. Note: The seller prefers to sell this property along with the adjacent property at 1317 2nd Ave S. However, the seller is willing to sell separately if an access easement is recorded on the adjacent property for the benefit of this property at the buyer’s expense. Owner/Agent. Don’t miss out—schedule your showing today!

Listing Details MLS# 6687513

General Property Information

Lot Measurement: Acres
Lowest Rental Unit: Below Grade
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1910
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1540
Above Ground SqFt: 2026
Below Grd Total SqFt: 1540
Total SqFt: 3566
Foundation Size: 1540
Style: (MF) Triplex
Total Finished Sqft: 3566.00
Lot Dimensions: 44x151
Acres: 0.11

Property Features

Accessible: None Amenities Shared: Other Construction Status: Previously Owned Disclosures: Leases Available; Seller's Disclosure Available Exterior: Steel Siding Financing Terms: Conventional Flooring: Carpet; Wood Foundation: Poured Concrete; Slab Fuel: Natural Gas Heating: Baseboard; Forced Air Laundry: Common Area Lock Box Type: Supra Owner Pays: Heat; Water Parking Characteristics: Uncovered/Open Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Showing Requirements: See Remarks Stories: Two Tenant Pays: Electricity Unit 1 Appliances: Dishwasher; Disposal; Range; Refrigerator Unit 1 Bath Description: Main Floor 1/2 Bath; Main Floor Full Bath Unit 1 Cooling: Wall Unit 2 Appliances: Dishwasher; Disposal; Range; Refrigerator Unit 2 Bath Description: Upper Level Full Bath Unit 2 Cooling: Wall Unit 3 Appliances: Dishwasher; Disposal; Range; Refrigerator Unit 3 Bath Description: Main Floor Full Bath Unit 3 Cooling: Wall 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: 289900
ListPrice: 289900
Sales Close Price: 289900
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 1321
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: 746
Assessment Installment: 275
Assessments Paid Seller: 229.5
Tax With Assessments: 2741

Building Information

Finished SqFt Above Ground: 2026
Finished SqFt Below Ground: 1540

More Information

Income and Expenses

Annual Gross Income: 31960

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: FMR

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Unit 1

Furnished?: No
Lease Expiration Date: 2025-10-31
Leased?: Yes
Level: Main Level
Unit Number: Yes
1/2 Baths: Yes
Annual Rent: 10080
Finished SqFt: 815
Full Baths: Yes
Monthly Rent: 840
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 2
Total Rooms: 2

Unit 2

Furnished?: No
Leased?: No
Level: Main Level
Unit Number: 2
Annual Rent: 11940
Finished SqFt: 1105
Full Baths: Yes
Monthly Rent: 995
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 3

Unit 3

Furnished?: No
Lease Expiration Date: 2025-03-31
Leased?: No
Level: Below Ground
Unit Number: 3
Annual Rent: 10140
Finished SqFt: 860
Full Baths: Yes
Monthly Rent: 845
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 2

Unit Details

Total Units: 3

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.