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Aruna G Hagen & Poonam Budhiraja
701-552-1706
701-552-2937
aruna.g.hagen@gmail.com motivated827@gmail.com
REALTORS®
(701) 552-1706
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1605 5th Avenue S, Fargo, ND 58103

$315,000.00
  • 1605 5th Avenue S, Fargo, ND 58103 Main Photo

25 Photos

New to the Market Active
BEDS0 BATHS SQUARE FEET3,568 MLS#7073007
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCase Peake & Halls SCHOOLFargo

Property Description

This 4plex was built in 1984 BY THE OWNER.He's owned it for over 40 years.Gross monthly rent is currently $2,325. All units are month-to-month. Owner has kept rents low since the building has had long term tenants stay.Each unit has a garage stall.Current rents compared to market rents:Unit 1 (2 bed)-$600-->$750Unit 2 (2 bed)-$450-->$750Unit 3 (2 bed)-$625-->$750Unit 4 (3 bed)-$650-->$900Gross rents if rents are improved: $3,150Opportunity to go higher if units had updated cosmetics.Laundry income also averages about $75/ month on top of that.Owner pays electric for common space hallway and water/sewer/garbage for the building.Tenants pay electric for their unit.Notice for pending special assessment for Main Ave road project of an estimated $919.41. (attached in documents)

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished
Basement: Yes
Days on Market: 6
Garage: 4
Heating: Baseboard
Lot Size: 0.16 Acres
Roof Type: Asphalt
Taxes: $4,275
Year Built: 1984

Feature Descriptions

Foundation Size: 1784
Lot Dimensions: 50x140
Owners Expense: Electricity, Sewer, Water
Parcel#: 01034000500000
Parking: Detached Garage
Sewer: City Sewer/Connected
Tenant Expenses: Electricity
Units: 4
Water: City Water/Connected

Local Schools

High School: Fargo North
School District: Fargo

Listed By / Shown By

Listed By

Agency Name: REAL (3961 WF)
Agency Phone: 605-949-2763

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Estimated Payment

$ 1,770.28 per month $1,322.16 Principal & Interest $356.25 Property Tax $91.88 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/20/2026. The listing information on this page last changed on 05/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/20/2026 12:01:57 AM EST) or RMLS-MN MLS (last updated Tue 05/19/2026 11:53:23 PM EST). Real estate listings held by brokerage firms other than Aruna G. Hagen & Team may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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