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Jeff Klemmer

jeffk@exitrealtyspringside.com +1(651) 398-7270

$ 495,000

Est. payment | -/mo

10 Beds

4 Baths

2,873 SqFt

Save

$ 495,000

Est. payment | -/mo

Save

10 Beds

4 Baths

2,873 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,873 sqft

Price per Sqft $172

Subdivision Original Townsite

MLS Listing ID 7009014

Bedrooms 10

Year Built 1890

Annual Tax Amount $3,213

Tax Year 2025

Contingent None

Lot Size 7293.000 Acres

Lot Dimensions 46x140

Property Sub-Type Fourplex

Property Description

Investor Alert—this fully renovated 4-plex, originally built in 1890, offers a rare combination of historic charm and modern upgrades. Over its 135-year history, the property has gone through many phases, and while it does have some expected quirks like uneven floors, a gravel parking lot, and no garage or yard, tenants have loved living here thanks to the extensive improvements made by the current owner. Over the past three years, the property has been stabilized and transformed into a strong, cash-flowing asset with a current rent roll of $5,300 per month. Recent upgrades include a roof that's less than 10 years old, nearly all new windows, new PEX & PVC water and sewer lines including vent stacks, a full drain tile system, spray foam insulation around the perimeter, full electrical update throughout including each unit's own panel, new drywall, paint, flooring, doors, and trim throughout, as well as fully modernized kitchens with new cabinets, countertops, and appliances. Each unit has its own washer, dryer, and dishwasher, along with new heating and cooling systems. The building is made up of two 2-bedroom, 1-bath units and two 3-bedroom, 1-bath units, all featuring in-unit laundry. Whether you're an investor looking for a low-maintenance, turn-key income property or an owner-occupant interested in house hacking, this is a rare opportunity to own one of the most thoroughly updated multi-family properties on the market.

Location

State ND

County Cass

Rooms

Basement Block

Interior

Heating Other

Fireplace No

Laundry In Unit

Exterior

Parking Features Gravel, Parking Lot

Roof Type Architectural Shingle

Building

Story Two

Foundation 1086

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District Fargo

Listed by Kyle Reedstrom • REAL (3961 WF)

Nearby Locations

GET MORE INFORMATION

Jeff Klemmer

Broker-Owner | Lic# MN40340995 & WI57956-90

jeffk@exitrealtyspringside.com

+1(651) 398-7270

7876 Hudson Rd Suite 10 Woodbury, MN, 55125

120 University DR S Fargo, ND 58103

Jeff Klemmer

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

120 University DR S