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516 8th Street S, Fargo, ND 58103

$650,000
Property Type: Commercial Lot Size (sq. ft.): 13,068 Status: Active
Current Price: $650,000 List Date: 5/05/2026 Last Modified: 5/20/2026

Overview

Description

Introducing an exceptional investment opportunity in the heart of Fargo, ND, near Island Park. This impressive 7,612 SF building, constructed in 1986, boasts 8 units plus 8 garages and is currently at 100% occupancy, offering a consistent and reliable income stream for prospective Multifamily/Low-Rise/Garden investors. With a history of strong occupancy and a well-maintained structure, this property presents an attractive prospect for investors seeking a stable and rewarding addition to their portfolio.

Listing Details MLS# 7067747

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
9
Waterfront Present
No
Year Built
1986
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
3806
Garage Stalls
8
For Sale or Lease
For Sale
Acres
0.3
Lot Dimensions
88 x 150
Assessment Pending
No

Property Features

Accessible: None CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Exterior: Vinyl Foundation: Other Fuel: Electric Heating: Baseboard Lock Box Type: Combo On Site Utilities: Electric Separate Sewer: City Sewer - In Street Water: City Water - In Street

Contract Information

Contingency
Inspection
ListPrice
650000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
516
Street Name
8th
Street Suffix
Street
Street Direction Suffix
S
Postal City
Fargo
County
Cass
State
ND
Zip Code
58103
Complex/Dev/Subdivision
Charles A Roberts

Assessments

Tax With Assessments
9285
Assessment Balance
0

Building Information

Building Finished SqFt
7612

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building

Unit Details

Total Units
8

Office/Member Info

Association
FMR

Location, Tax and Other Information

Legal Description
CHARLES A ROBERTS N 88' LOT 22 BLK G
Listing City
Fargo
Map Page
999
Municipality
Fargo
School District
Fargo
Zip Plus 4
2408
Property ID Number
01240001290000
Tax Year
2025
Tax Amount
9285
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Introducing an exceptional investment opportunity in the heart of Fargo, ND, near Island Park. This impressive 7,612 SF building, constructed in 1986, boasts 8 units plus 8 garages and is currently at 100% occupancy, offering a consistent and reliable income stream for prospective Multifamily/Low-Rise/Garden investors. With a history of strong occupancy and a well-maintained structure, this property presents an attractive prospect for investors seeking a stable and rewarding addition to their portfolio.
Directions
corner of 8th St S and 5th Ave S go south on 8th st

Accessible

None
Yes

Construction Status

Previously Owned
Yes

Exterior

Vinyl
Yes

Foundation

Other
Yes

Fuel

Electric
Yes

Heating

Baseboard
Yes

Lock Box Type

Combo
Yes

Sewer

City Sewer - In Street
Yes

Water

City Water - In Street
Yes

On Site Utilities

Electric Separate
Yes

CMU Style

Apartments/Multi Family
Yes

Current Use

Residential
Yes
IDX
Listing Office: KW Inspire Realty Keller Williams
Last Updated: May - 20 - 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.
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