• 5302 51st Ave S, Suite B - Fargo, ND 58104
  • 701-566-7080
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$215,000
203 4th Street S
Leonard, ND 58052
MLS# 4022740
Status: Contingent/Accepting Backup Offers
8 beds  |  4 baths  |  4608 sqft
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Property Description
Here's your opportunity to own a reasonably priced 4-plex property in a rural community in close proximity to Fargo. Units 1-4 all rent for $595 a month. All units are 2b/1ba and each unit has a garage. Coin operated washer and dryer. Tenants pay electricity. Bonus shop on the property that is on north side of the garage building. The tenant garages and bonus shop share a middle wall. Had previously rented the shop side out for $250 a month. The shop has two large overhead doors, and private access like the 4 garages. Great opportunity to live in one and rent the other 3 units. Call your favorite Realtor and check it out before its gone!

Details
Maps
Documents
Contract Information
List Price/SqFt: 46.66
List Price: $215,000
Current Price: $215,000
Date Listed: 2025-11-14
Remarks
Included: 4 Refrigerators, 4 Ranges, 4 Dishwashers
Directions: Travel from the Casselton Exit south on Highway 18 for 16.5 miles. Turn right onto 4th St S and the property will be on your right. GPS is accurate.
Public Remarks: Here's your opportunity to own a reasonably priced 4-plex property in a rural community in close proximity to Fargo. Units 1-4 all rent for $595 a month. All units are 2b/1ba and each unit has a garage. Coin operated washer and dryer. Tenants pay electricity. Bonus shop on the property that is on north side of the garage building. The tenant garages and bonus shop share a middle wall. Had previously rented the shop side out for $250 a month. The shop has two large overhead doors, and private access like the 4 garages. Great opportunity to live in one and rent the other 3 units. Call your favorite Realtor and check it out before its gone!
Location
Sub Area: Outlying Towns ND SE
Street Number: 203
Street Name: 4th
Street Type: Street
Street Direction Sfx: S
Area: Outlying Towns ND
State: ND
Zip Code: 58052
County: Cass
Legal, Tax and Other Information
Taxes: 2479.84
Tax Year: 2024
Specials Installment: 3.11
Specials Balance: 0
Pending Specials: No
Zoning: Commercial
Parcel ID: 17-0400-13681-020
Legal Description: Lot: 3 Block: 28 Addition: Additional: 28-137-52 AUD LT 3 PART OF SE 1/4
General Property Information
Lot SqFt: 22651
Lot Acres: 0.52
Lot Dimensions: 0
Total 1/4 Baths: 0
Total Half Baths: 0
Total 3/4 Baths: 0
Main Finished SqFt: 0
Upper Finished SqFt: 2304
Lower Finished SqFt: 2304
Basement Finished SqFt: 0
Finished Above Grade SqFt: 2304
Finished Below Grade SqFt: 2304
Garage: Yes
Garage Spaces: 4
Other Parking Spaces: 4
Fireplace: No
Accessibility Features: No
Association: No
Property Sub Type: Quadruplex
Year Built: 1975
Bedrooms Total: 8
Total Full Baths: 4
Total Baths: 4
Total Finished SqFt: 4608
Utilities
Cable Available: 1
Cable Connected: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Trash Pickup - Public: 1
Unfinished SqFt
Upper Unfinished SqFt: 2304
Lower Unfinished SqFt: 2304
Basement
None: 1
Roof
Shingle: 1
Cooling
Wall/Window Unit(s): 1
Heating
Baseboard: 1
Architectural Style
Split Level: 1
Construction Materials
Brick: 1
Levels
Two: 1
Flooring
Carpet: 1
Vinyl: 1
Foundation
Block: 1
Rental Income
Rental Income Unit 1: 595
Rental Income Unit 2: 595
Rental Income Unit 3: 595
Rental Income Unit 4: 595
Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Interior Features
None: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Possession
Close Of Escrow: 1
STOP: 1
See Remarks: 1
Exterior Features
None: 1
Fencing
None: 1
Lot Features
Rectangular Lot: 1
Water Source
Rural: 1
See Remarks: 1
Sewer
Public Sewer: 1
Parking Features
Garage Faces Front: 1
Garage Faces Rear: 1
On Site: 1
Road Frontage Type
City Street: 1
Private Road: 1
Road Surface Type
Asphalt: 1
Dirt: 1
Association Fee Includes
None: 1
Status Change Info
Status: Contingent/Accepting Backup Offers
Under Contract Date: 2025-12-29
Contingent: Contingent/Accepting Backup Offers
Property Features
Basement: None
Roof: Shingle
Architectural Style: Split Level
Levels: Two
Flooring: Carpet; Vinyl
Heating: Baseboard
Cooling: Wall/Window Unit(s)
Construction Materials: Brick
Appliances: Dishwasher; Range; Refrigerator
Interior Features: None
Foundation: Block
Listing Terms: Cash; Conventional; FHA; VA Loan
Possession: Close Of Escrow; STOP; See Remarks
Exterior Features: None
Lot Features: Rectangular Lot
Utilities: Cable Available; Cable Connected; Electricity Connected; Sewer Connected; Water Connected; Trash Pickup - Public
Parking Features: Garage Faces Front; Garage Faces Rear; On Site
Water Source: Rural; See Remarks
Sewer: Public Sewer
Road Frontage Type: City Street; Private Road
Road Surface Type: Asphalt; Dirt
Association Fee Includes: None
Fencing: None
Listing Office: CORE Real Estate Advisors

Last Updated: December - 30 - 2025

Information deemed reliable but not guaranteed.

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