MLS: #7009014, Listed By: Kyle Reedstrom, REAL (3961 WF), Source:FargoMoorhead Area Association of REALTORS
120 University Drive
Fargo, ND 58103
10
Bed
4
Bath
2,873Sqft
7,293Sqft(Lot)
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 upda
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 10Bathroom Information
Total Baths: 4Room Information
Has Basement: Yes Basement: Block, Concrete -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Laundry Features: In Unit -
Heating & Cooling
Has Heating: Yes Heating: Other
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Building Information
Year Built: 1890 Building Area Total: 3259 Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 46x140 Main Square Feet: 7293 Square Feet Lot Size Acres: 0.17 Lot Size Square Feet: 7293Property Information
Subdivision: Original Townsite Source Property Type: Residential Income Property SubType: Quadruplex Levels: Two Property Age: 136
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Listing Price Information
Listing Price: $495000 Original Price: $505000
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Tax Information
Parcel Number: 01224001850000 Annual Tax: $5365.11
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Parking Information
Gravel, Parking Lot
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Location Information
Direction: S University WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 915 9th Street, Fargo, ND, 58103 | $425,000 | 8 | 4 | 3,360 | 3,360 SqFt |
| 214-216 12th Street, Fargo, ND, 58103 | $260,000 | 5 | 3 | 2,508 | 2,508 SqFt |
| 1809 13 1/2 Street, Fargo, ND, 58103 | $325,000 | 8 | 4 | 4,092 | 4,092 SqFt |
| 1605 5th Avenue, Fargo, ND, 58103 | $315,000 | 9 | 4 | 3,568 | 3,568 SqFt |
| 1405 16th Street, Fargo, ND, 58103 | $260,000 | 2 | 2 | 2,112 | 2,112 SqFt |
| 1837-1839 7th Avenue, Fargo, ND, 58103 | $235,900 | 4 | 3 | 1,806 | 1,806 SqFt |
| 702 21st Street, Fargo, ND, 58103 | $229,900 | 6 | 3 | 2,136 | 2,136 SqFt |
| 305-307 S 23rd Street, Fargo, ND, 58103 | $255,000 | 6 | 4 | 2,172 | 2,172 SqFt |
Similar Multifamily To 120 University Drive
Nearby For Sale
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ByOwner last updated this listing 06/06/2026 @ 00:43
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