MLS# 7073007 - 1605 5th Avenue S Fargo, ND 58103

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-->$750 Unit 2 (2 bed)-$450-->$750 Unit 3 (2 bed)-$625-->$750 Unit 4 (3 bed)-$650-->$900 Gross rents if rents are improved: $3,150 Opportunity 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)

REAL (3961 WF) is the brokerage office representing the owner for this listing.
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Brevig Homes is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Brevig Homes, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 5/14/2026 6:11:00 PM.

$750\nUnit 2 (2 bed)-$450-->$750\nUnit 3 (2 bed)-$625-->$750\nUnit 4 (3 bed)-$650-->$900\n\nGross rents if rents are improved: $3,150\n\nOpportunity to go higher if units had updated cosmetics.\n\nLaundry income also averages about $75/ month on top of that.\n\nOwner pays electric for common space hallway and water/sewer/garbage for the building.\n\nTenants pay electric for their unit.\n\nNotice for pending special assessment for Main Ave road project of an estimated $919.41. (attached in documents)","ROADBETWEENWATERFRONTANDHOMEYN":false,"ROOF":"Asphalt","SCHOOLDISTRICTNUMBER":"ND09001-Fargo","SCHOOLHIGH":"Fargo North","SEWER":"City Sewer/Connected","STATEORPROVINCE":"ND","STATUS":"Active","STATUSDATE":"2026-05-14T20:19:07.707","LASTSTATUS":"Active","STREETDIRSUFFIX":"S","STREETNAME":"5th","STREETNUMBER":"1605","STREETSUFFIX":"Avenue","STYLE":"Fourplex","TRANSACTIONTYPE":"For Sale","WATER":"City Water/Connected","WATERFRONTPRESENT":false,"YEARBUILT":1984,"ZONING":"Residential-Multi-Family,Residential-Single Family","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2026-05-14T20:19:07.708","PHOTOREMARKS":"[{\"Order\":1,\"Remarks\":\"Front Exterior\"},{\"Order\":2,\"Remarks\":\"Front Exterior\"},{\"Order\":3,\"Remarks\":\"Main Entrance\"},{\"Order\":4,\"Remarks\":\"Main Entrance\"},{\"Order\":5,\"Remarks\":\"Living Room\"},{\"Order\":6,\"Remarks\":\"Living Room\"},{\"Order\":7,\"Remarks\":\"Kitchen\"},{\"Order\":8,\"Remarks\":\"Dining Area\"},{\"Order\":9,\"Remarks\":\"Bedroom 1\"},{\"Order\":10,\"Remarks\":\"Bedroom 2\"},{\"Order\":11,\"Remarks\":\"Bathroom\"},{\"Order\":12,\"Remarks\":\"Living Room\"},{\"Order\":13,\"Remarks\":\"Living Room\"},{\"Order\":14,\"Remarks\":\"Kitchen/Dining\"},{\"Order\":15,\"Remarks\":\"Kitchen\"},{\"Order\":16,\"Remarks\":\"Bedroom 1\"},{\"Order\":17,\"Remarks\":\"Bedroom 2\"},{\"Order\":18,\"Remarks\":\"Bathroom\"},{\"Order\":19,\"Remarks\":\"Storage Closets\"},{\"Order\":20,\"Remarks\":\"Laundry\"},{\"Order\":21,\"Remarks\":\"Laundry Sink\"},{\"Order\":22,\"Remarks\":\"Rear Exterior/yard\"},{\"Order\":23,\"Remarks\":\"Yard/Garages\"},{\"Order\":24,\"Remarks\":\"Garages\"},{\"Order\":25,\"Remarks\":\"Garages\"}]","PHOTOORDER":"1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25","SOURCE":"MG_NST"}

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