1306 3rd Avenue S, Fargo, ND 58103 (MLS# 7133695)

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1306 3rd Avenue S, Fargo, ND 58103

$499,000

Property Type: Commercial Square Footage: 6,402 Lot Size (sq. ft.): 9,148 Status: Active

Current Price: $499,000 List Date: 8/27/2026 Last Modified: 9/18/2026

Overview

Description

Investment opportunity near downtown Fargo! This 11-unit multifamily property offers the potential to renovate, update, and add value to the existing building. The property is conveniently situated near downtown amenities, restaurants, NDSU, and major transportation routes. Purchase 1306 3rd Ave S on its own or together with the adjacent vacant lot at 305 University Dr (Parcel #01-0700-01950-000) for additional land and added flexibility. A great opportunity for investors looking for their next multifamily project in Fargo. Contact your agent for additional information or to schedule a showing.

Listing Details MLS# 7133695

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 8
Owner Occupied: No
Waterfront YN: No
Year Built: 1885
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 1858
For Sale or Lease: For Sale
Acres: 0.21
Lot Dimensions: 60x150
Assessment Pending: Yes

Property Features

Accessible: None CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Exterior: Vinyl Foundation: Other Fuel: Other Heating: Boiler Loan Terms: Cash; Conventional Lock Box Type: Combo On Site Utilities: Electric Separate Parking Characteristics: Parking Lot Sewer: City Sewer/Connected Stories: Three Or More Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 499000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1306
Street Name: 3rd
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Fargo
County: Cass
State: ND
Zip Code: 58103
Complex/Dev/Subdivision: Eddy & Fullers Outlots

Assessments

Assessment Balance: 237.38
Assessment Installment: 78.61
Tax With Assessments: 5312.38

Building Information

Building Finished SqFt: 6402
Building SqFt: 6402

More Information

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: FMR

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Sale Options

Sale Includes: Building

Unit 1

No. of 1 Bedroom Units: 5

Unit 2

No. of 2 Bedroom Units: Yes

Unit Details

Total Units: 11

Unit Information

No. of Efficiency Units: 5

Listing Office: eXp Realty (3523 FGO)

Last Updated: September - 18 - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.