, Fargo, ND 58102 (MLS# 7052428)

With your personalized portal, you can:

Save and organize your property searches
Receive real-time updates on new and updated listings
Track and monitor homes you’re interested in
Add private notes and messages for easy reference
Customize your dashboard to fit your needs

Fargo, ND 58102

$1,220,000

Property Type: Commercial Square Footage: 17,376 Lot Size (sq. ft.): 32,234 Status: Closed

Current Price: $1,220,000 List Date: 4/13/2026 Last Modified: 8/27/2026

Overview

Description

Turnkey 18-unit investment opportunity in North Fargo with strong in-place performance and immediate cash flow. This fully occupied asset offers a desirable unit mix of 1-bedroom and 2-bedroom units, appealing to a broad tenant base driven by its prime location near NDSU, the Fargodome, Downtown Fargo, and Hector International Airport. Each unit is well-appointed with a full kitchen package including a dishwasher, microwave, and range, along with a blend of carpet and hardwood flooring for a clean, durable finish. Sliding patio doors provide access to private decks, bringing in natural light and added tenant appeal. Every unit also includes garage space—an increasingly valuable amenity in the Fargo market. The property has been well-maintained and professionally managed, with shared laundry available on each floor for added convenience and operational efficiency. Additional features like functioning doorbells in every unit further enhance the overall tenant experience. With consis ... (Read more)

Listing Details MLS# 7052428

General Property Information

Lot Measurement: Acres
Management Company Name: River Rock Property Management
Multiple PIDs?: No
Other Parking Spaces: 18
Owner Occupied: No
Waterfront YN: No
Year Built: 1973
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 17376
Garage Stalls: 18
Management Company Phone: 701-639-4900
For Sale or Lease: For Sale
Acres: 0.74
Lot Dimensions: 160x160x202.5x202.5
Assessment Pending: No

Property Features

Accessible: None Air Conditioning: Wall Unit(s) Amenities Shared: Coin-op Laundry Owned Amenities Unit: Deck Appliances: Dishwasher; Microwave; Range; Refrigerator CMU Style: Apartments/Multi Family Construction Materials: Brick Construction Status: Previously Owned Current Use: Other Exterior: Brick/Stone Fencing: None Financing Terms: Conventional Flooring: Other/See Remarks Fuel: Electric Heating: Baseboard Loan Terms: Cash; Conventional; Other Location Description: Free Standing Lock Box Type: None Lot Description: Corner Lot On Site Utilities: Electric Separate; Hot Water Common Overhead Door Clearance: 0-9 Feet Parking Characteristics: Parking Lot; Paved Lot; Unassigned Pool Description: None Rent Rate per Foot: Per Month Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sewer: City Sewer/Connected Stories: Three Or More Water: City Water/Connected

Contract Information

Exclusions: Tenant personal property
Off Market Date: 2026-07-15
Closed Date: 2026-08-14
Sales Close Price: 1220000
Contingency: None
ListPrice: 1500000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: Fargo
County: Cass
State: ND
Zip Code: 58102
Complex/Dev/Subdivision: Edgewood 2nd

Assessments

Assessment Balance: 8669.24
Assessment Installment: 1446.66
Tax With Assessments: 17456

Building Information

Building Finished SqFt: 17376
Building SqFt: 17376

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Sale Options

Sale Includes: Building

Unit 1

No. of 1 Bedroom Units: 9

Unit 2

No. of 2 Bedroom Units: 9

Unit Details

Total Units: 18

Documents

Seller's Property Disclosure.pdf ›

3114 3rd St N - Lead-Based Paint Disclos ›

3114 3rd St N - Radon Disclosure.pdf ›

Listing Office: RE/MAX Legacy Realty

Last Updated: August - 27 - 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.