, Fargo, ND 58102 (MLS# 7361015)

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Fargo, ND 58102

$694,687

Property Type: Commercial Square Footage: 10,428 Lot Size (sq. ft.): 14,000 Status: Closed

Current Price: $694,687 List Date: 9/07/2023 Last Modified: 8/07/2025

Overview

Description

Investment Opportunity Near NDSU - 12-Plex in Fargo, ND! This 12-plex is your ticket to consistent rental income. It features 11 spacious two-bedroom units and 1 cozy one-bedroom unit. With well-maintained interiors and proximity to NDSU, it's an investor's dream. Key Features: 11 two-bedroom units, perfect for students and young professionals. 1 one-bedroom unit for versatile renting. Updated interiors ensure tenant satisfaction. Near NDSU, drawing students and staff. New roof in 2020. Close to shops, dining, and public transport. Sufficient parking for residents. Investment Benefits: Diverse unit mix for stable rental income. Strong demand from NDSU's student population. Historically low vacancy rates. Potential for rental income growth. Ideal for seasoned or new investors!

Listing Details MLS# 7361015

General Property Information

High School: Fargo North
Lot Measurement: Square Feet
Multiple PIDs?: No
Year Built: 1958
Yearly/Seasonal: Yearly
Lot Size SqFt: 14000
Garage Stalls: 9
For Sale or Lease: For Sale
Lot Dimensions: 100 x 140

Property Features

Air Conditioning: Window Unit(s) Appliances: Gas Water Heater Heating: Radiant Roof: Asphalt Shingles

Contract Information

Digitally Altered Photos: No
Exclusions: None
Off Market Date: 2023-12-05
Closed Date: 2023-12-15
Sales Close Price: 694687
Contingency: None
ListPrice: 750000
Auction?: No

Location Tax and Other Information

Postal City: Fargo
County: Cass
State: ND
Zip Code: 58102

Assessments

Assessment Balance: 3316.47
Assessment Installment: 396.84
Drain Assessment: 226.13

Building Information

Building Finished SqFt: 10428
Building SqFt: 10428

More Information

Ownership

Fractional Ownership: No

Unit 1

Unit Number: Yes
Leased?: No

Unit 2

Leased?: No
Unit Number: 2

Listing Office: KW Inspire Realty Keller Williams

Last Updated: August - 07 - 2025

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