Property Description Excellent investment opportunity in the heart of Forman! This well-maintained 4-plex features four spacious townhome-style units, each offering 2 bedrooms, 1 bathroom, washer and dryer hookups, and an attached single-stall garage. Numerous updates throughout the property provide added value and appeal, including updated flooring, light fixtures, ceiling fans, window treatments, appliances, bathroom ventilation, fresh interior paint, and improved landscaping.
Tenants will appreciate the functional layouts, attached garages, and convenient location near downtown Forman with close access to local amenities and services.
Whether you are looking to expand your investment portfolio or step into multi-family ownership, this property offers strong rental potential and pride of ownership throughout.
Donât miss this turnkey income-producing opportunity!
Details
Maps
Contract Information
Exclusions: Washer & Dryer
Status: Closed
Off Market Date: 2026-08-27
Contingency: None
Current Price: 275000
Closed Date: 2026-10-06
Original List Price: 325000
ListPrice: 299000
Sales Close Price: 275000
List Date: 2026-05-11
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1994
Yearly/Seasonal: Yearly
Bedrooms: 8
Baths Total: 4
Main Floor Total SqFt: 3840
Above Ground SqFt: 3840
Total SqFt: 3840
Foundation Size: 3840
Style: (MF) Four Plex
Total Finished Sqft: 3840.00
Garage Stalls: 4
Lot Dimensions: 75 x 132
Acres: 0.22
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 310
Street Name: Antelope
Street Suffix: Avenue
Street Direction Suffix: SW
Postal City: Forman
County: Sargent
State: ND
Zip Code: 58032
Complex/Dev/Subdivision: Original Add
Assessments
Assessment Balance: 5899.96
Assessment Installment: 1202.12
Tax With Assessments: 3682.47
Building Information
Finished SqFt Above Ground: 3840
Income and Expenses
Annual Gross Expenses: 10700
Annual Gross Income: 30000
Annual Insurance Expense: 3600
Annual Net Income: 19300
Annual Water/Sewer Expense: 3500
Total Annual Expenses: 10700
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 21 x 24
Garage Square Feet: 504
Unit 1
Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 1
Annual Rent: 7500
Finished SqFt: 960
Full Baths: 1
Monthly Expense: 100
Monthly Rent: 625
No. of Units Like This: 4
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 6
Unit Details
Total Units: 4
Property Features
Accessible: No Stairs External; No Stairs Internal