826 21st Street S, Fargo, ND 58103

$350,000
Property Type: Multi-Family Bedrooms: 5 Baths: 4 Square Footage: 6,362 Lot Size (sq. ft.): 13,472 Status: Active
Current Price: $350,000 List Date: 4/17/2026 Last Modified: 4/20/2026

Overview

Description

Charming 5-unit multifamily investment property built in 1915, offering approximately 3,648 sq ft of living space. This well-maintained 5-plex features a mix of two 1-bed units, two studios, and one 2-bed unit. Many units have been recently updated and showcase classic character with modern touches. All units are fully rented and rent roll can be provided with inquiries. Off street parking is available along with a dedicated parking area on the property. Conveniently located in the desirable Jefferson neighborhood on the south side of Fargo, the property is close to downtown, shopping, dining, parks, and major routes. Strong rental demand with solid income potential—perfect for investors seeking a turnkey cash-flowing asset in a stable Fargo location. Turnkey opportunity with immediate income! Contact for full rent roll, expenses, and details.

Listing Details MLS# 7054768

General Property Information

Lot Measurement
Square Feet
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1915
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1500
Above Ground SqFt
4862
Below Grd Total SqFt
1500
Total SqFt
6362
Foundation Size
1500
Lot Size SqFt
13472
Style
(MF) Apartment
Total Finished Sqft
3648.00
Lot Dimensions
98x118x95x115
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned Basement: Concrete Block Construction Status: Previously Owned Exterior: Vinyl Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler Lock Box Type: Supra Parking Characteristics: Parking Lot; Uncovered/Open Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sewer: City Sewer/Connected Stories: Two Tenant Pays: All Utilities Unit 1 Appliances: Dishwasher; Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Window Unit 2 Appliances: Dishwasher; Range; Refrigerator Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Window Unit 3 Appliances: Dishwasher; Range; Refrigerator Unit 3 Bath Description: Upper Level Full Bath Unit 3 Cooling: Window Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
350000
ListPrice
350000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
826
Street Name
21st
Street Suffix
Street
Street Direction Suffix
S
Postal City
Fargo
County
Cass
State
ND
Zip Code
58103
Complex/Dev/Subdivision
Hilleboe Terrace

Assessments

Assessment Balance
8942
Assessment Installment
1799
Tax With Assessments
6175

Building Information

Finished SqFt Above Ground
3648

More Information

Income and Expenses

Annual Caretaker Expense
1321
Annual Gross Expenses
14610
Annual Gross Income
35084
Annual Maintenance Expense
1278
Annual Net Income
20474
Total Annual Expenses
14610
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Insurance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
FMR
Supra
Yes

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Unit 1

Furnished?
No
Leased?
Yes
Level
Main Level
Unit Number
Yes
Annual Rent
8100
Full Baths
Yes
Monthly Rent
675
No. of Units Like This
2
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
Yes

Unit 2

Furnished?
No
Leased?
Yes
Level
Main Level
Unit Number
2
Annual Rent
8400
Finished SqFt
Yes
Full Baths
Yes
Monthly Rent
700
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
Yes

Unit 3

Furnished?
No
Leased?
Yes
Level
2nd Level
Unit Number
3
Annual Rent
9600
Full Baths
Yes
Monthly Rent
800
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
2

Unit Details

Total Units
4

Office/Member Info

Association
FMR

Location, Tax and Other Information

High School
Fargo South
Legal Description
HILLEBOE TERRACE LOTS 33 & 34 BLK 1
Listing City
Fargo
Map Page
999
Municipality
Fargo
School District
Fargo
Zip Plus 4
4282
Property ID Number
01127000370000
Tax Year
2025
Tax Amount
4288
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Charming 5-unit multifamily investment property built in 1915, offering approximately 3,648 sq ft of living space. This well-maintained 5-plex features a mix of two 1-bed units, two studios, and one 2-bed unit. Many units have been recently updated and showcase classic character with modern touches. All units are fully rented and rent roll can be provided with inquiries. Off street parking is available along with a dedicated parking area on the property. Conveniently located in the desirable Jefferson neighborhood on the south side of Fargo, the property is close to downtown, shopping, dining, parks, and major routes. Strong rental demand with solid income potential—perfect for investors seeking a turnkey cash-flowing asset in a stable Fargo location. Turnkey opportunity with immediate income! Contact for full rent roll, expenses, and details.
Directions
25th St S and go East on 9th Ave S then take a left on 21st St S

Accessible

None
Yes

Amenities Shared

Coin-op Laundry Owned
Yes

Basement

Concrete Block
Yes

Construction Status

Previously Owned
Yes

Exterior

Vinyl
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes

Parking Characteristics

Parking Lot
Yes
Uncovered/Open
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Asphalt Shingles
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

No. of Ranges

Five
Yes

No. of Refrigerators

Five
Yes

Tenant Pays

All Utilities
Yes

Unit 1 Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Cooling

Window
Yes

Unit 2 Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Bath Description

Main Floor Full Bath
Yes

Unit 2 Cooling

Window
Yes

Unit 3 Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Unit 3 Bath Description

Upper Level Full Bath
Yes

Unit 3 Cooling

Window
Yes
IDX
Listing Office: Aspire Realty
Last Updated: April - 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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