431 4th Avenue E, West Fargo, ND 58078

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Overview

Description

4-plex with $4,205 in gross rents! Tenants pay ALL utilities. All units are currently leased long term. What makes this 4-plex unique: 1. All units are separately parceled (potential for condos in the future) 2. All units have In-Unit laundry 3. All units have private yards (2 are fenced in) 4. All units are ground level with private entries 5. Owner is not responsible for ANY utilities Could take advantage of a house hack opportunity or leverage as a strict investment regarding the fact that this one goes above and beyond the 1% rule. Owner/Agent

General Property Information

Lot Measurement: Acres
Multiple PIDs?: Yes
Owner Occupied: No
Waterfront YN: No
Year Built: 1960
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1275
Above Ground SqFt: 2550
Below Grd Total SqFt: 1275
Total SqFt: 3825
Foundation Size: 1913
Style: (MF) Four Plex
Total Finished Sqft: 3825.00
Lot Dimensions: 85x180x85x180
Acres: 0.35
Assessment Pending: No

Property Features

Accessible: Other Assumable Loan: Not Assumable Basement: Crawl Space Construction Status: Previously Owned Exterior: Vinyl Fencing: Partial Financing Terms: Conventional Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: In Unit Lock Box Type: Combo Lot Description: Corner Lot Owner Pays: None Parking Characteristics: Gravel Lot Roof: Asphalt Shingles Sewer: City Sewer/Connected Stories: One and One Half Tenant Pays: All Utilities Unit 1 Cooling: Wall Unit 2 Cooling: Wall Unit 3 Cooling: Wall Unit 4 Cooling: Wall Water: City Water/Connected

Contract Information

Exclusions: Tenant Personal Property
Off Market Date: 2026-04-02
Contingency: None
Closed Date: 2026-04-30
Original List Price: 415000
ListPrice: 415000
Sales Close Price: 405000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 431
Street Name: 4th
Street Suffix: Avenue
Street Direction Suffix: E
Postal City: West Fargo
County: Cass
State: ND
Zip Code: 58078
Complex/Dev/Subdivision: Eastridge 1st

Additional Parcels Information

Property ID #2: 02020000060020
Property ID #3: 02020000060030,02020000060040

Assessments

Assessment Balance: 1670.32
Assessment Installment: 244
Tax With Assessments: 5964

More Information

Building Information

Finished SqFt Above Ground: 2550
Finished SqFt Below Ground: 1275

Income and Expenses

Annual Gross Expenses: 21000
Annual Gross Income: 50460
Annual Net Income: 29460

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Unit 1

Furnished?: No
Lease Expiration Date: 2026-09-30
Leased?: Yes
Level: Main Level
Unit Number: Yes
Annual Rent: 13200
Finished SqFt: 956
Full Baths: Yes
Monthly Rent: 1100
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit 2

Furnished?: No
Lease Expiration Date: 2026-11-30
Leased?: Yes
Level: Main Level
Unit Number: 2
Annual Rent: 14400
Finished SqFt: 956
Full Baths: Yes
Monthly Rent: 1200
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit 3

Furnished?: No
Lease Expiration Date: 2026-06-30
Leased?: Yes
Level: Main Level
Unit Number: 3
Annual Rent: 11760
Finished SqFt: 956
Full Baths: Yes
Monthly Rent: 980
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit 4

Furnished?: No
Lease Expiration Date: 2026-09-30
Leased?: Yes
Level: Main Level
Unit Number: 4
Annual Rent: 11100
Finished SqFt: 956
Full Baths: Yes
Monthly Rent: 925
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit Details

Total Units: 4