2501 9th Street N, Fargo, ND 58102 (MLS# 7042919)


$499,000
2501 9th Street N
Fargo, ND 58102
MLS# 7042919
8 beds  |  4 baths  |  6258 sqft


2501 9th Street N, Fargo, ND 58102
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Property Description
Well-maintained 7-unit multi-family complex offering a strong investment opportunity with a desirable unit mix of four 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units. Recent updates include shingles replaced in 2018 and new exterior siding, enhancing both curb appeal and long-term durability. Interior improvements feature new flooring in Unit 2 and a renovated Unit 3, providing added value for tenants and owners alike. The property also offers convenient coin-operated laundry, eight off-street parking spaces, and sits on a corner lot in a prime location—just one block north of the Northport Shopping Center/Hornbacher’s and with easy access off 25th Ave N. A solid addition to any investment portfolio with room for continued upside. Call the agent today for more info/showings!

Details
Maps
Contract Information
Exclusions: Seller's Personal Property;
Status: Active
Contingency: Inspection
Current Price: 499000
Original List Price: 515000
ListPrice: 499000
List Date: 2026-03-25
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Waterfront Present: No
Year Built: 1958
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 8
Baths Total: 4
Main Floor Total SqFt: 2086
Above Ground SqFt: 4172
Below Grd Total SqFt: 2086
Total SqFt: 6258
Foundation Size: 6258
Style: (MF) Apartment
Total Finished Sqft: 6258.00
Lot Dimensions: 90x114
Acres: 0.23
Assessment Pending: Yes
Location Tax and Other Information
House Number: 2501
Street Name: 9th
Street Suffix: Street
Street Direction Suffix: N
Postal City: Fargo
County: Cass
State: ND
Zip Code: 58102
Complex/Dev/Subdivision: Peter Sway 5th
Assessments
Assessment Balance: 5052.02
Assessment Installment: 932.7
Tax With Assessments: 6312
Building Information
Finished SqFt Above Ground: 4172
Finished SqFt Below Ground: 2086
Income and Expenses
Annual Gross Expenses: 33201
Annual Gross Income: 59230
Annual Net Income: 26028
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Unit 1
Furnished?: No
Leased?: Yes
Unit Number: 1
Annual Rent: 10200
Full Baths: 1
Monthly Rent: 850
No. of Units Like This: 4
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 1
Unit Details
Total Units: 4
Property Features
Accessible: None
Construction Status: Previously Owned
Exterior: Vinyl
Fuel: Natural Gas
Heating: Boiler
Lot Description: Corner Lot
Owner Pays: Heat
Parking Characteristics: Parking Lot
Roof: Architectural Shingle
Sewer: City Sewer/Connected
Tenant Pays: Electricity
Water: City Water/Connected

Listing Office: Raboin Realty

Last Updated: May - 27 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Thursday 28th of May 2026 01:44 PM

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