Sold: Fargo MLS# 6764939
Sold
$279,000 (list price)
$290,000
Multi-family: Triplex
Built 1926
2,496 sqft • 0.17 acres
MLS# 6764939
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Property Description
WELL-MAINTAINED TRIPLEX IN PRIME FARGO LOCATION! This Income-Producing Property offers 3 Apartments across 3 Finished Levels, each featuring 2 Beds, 1 Full Bath, and an Assigned Garage Stall.
Tenants appreciate the thoughtful layout and the shared Coin-Op Laundry in the lower level, adding extra Income Potential. All units have been Well Cared For by both the Owner and long-term, respectful Renters, making this a true Turnkey Investment with No Major Updates Required.
The property’s Convenient Location near Downtown Fargo, Moorhead, Parks, Schools, and Bus Routes makes it easy to attract a wide range of Renters. Multiple nearby Hospitals—including Sanford and Essentia—expand your renter pool with Traveling Nurses and healthcare professionals. Commuters will also value the quick access to Highways connecting Fargo and Moorhead.
With strong Rental Appeal, a history of good Tenancy, and immediate Rent-Ready Condition, this Triplex stands out as a Highly Desirable Opportunity for Investors seeking steady Returns.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$279,000
Sold Price:
$290,000
Sold Date:
10/10/2025
Price per sq ft:
$112
Property Type:
Multi-family
City:
Fargo
Garage Spaces:
3
County:
Cass
Year Built:
1926
State:
ND
Property Style:
Triplex
Zip Code:
58103
Subdivision Name:
Island Park
Interior
Finished Area:
2,496 ft2
Living Area:
2,496 ft2
Ranges:
Three
Refrigerators:
Three
Basement Details:
- Concrete
- Egress Window(s)
- Finished
- Full
- Shared Access
Exterior
Stories:
Two
Garage Spaces:
3
Garage Dimensions:
20x24 12x24
Garage Size:
768 ft2
Foundation Size:
832 ft2
Foundation Dimensions:
32 x 26
Fencing:
Wood
Handicap Accessible:
Other
Road Responsibility:
Public Maintained Road
Heating System:
Baseboard
Parking Features:
- Assigned
- Concrete
- Detached
- Multiple Garages
- Parking Lot
- Paved
Shared Amenities:
- Coin-op Laundry Owned
- Common Garden
- Laundry
- Patio
Road Frontage:
City Street
Exterior Material:
Vinyl Siding
Roof Details:
- Age 8 Years or Less
- Asphalt
Rooms
Shared Rooms:
Other
Lot & Land
Acres:
0.17
Geolocation:
46.86842748, -96.7832957288
Lot Dimensions:
50 x 150
Zoning:
Residential-Multi-Family
Lot Description:
Some Trees
Farm
Topography:
Level
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
$3,286
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
All Utilities, Electricity, Insurance, Grounds Care, Trash Collection
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$3,286
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,286
Income
Annual Gross Income:
$19,656
Misc. Annual Income:
$936
Misc. Monthly Income:
$78
Units
Total Units:
3
Miscellaneous
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Jack Chivers Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.