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Fargo, ND 58103

$290,000
Property Type: Commercial Square Footage: 3,087 Lot Size (sq. ft.): 4,792 Status: Closed
Current Price: $290,000 List Date: 9/18/2025 Last Modified: 8/27/2026

Overview

Description

CASH COW! Don't miss your chance to own this great 9-plex apartment building just off Main Ave in Downtown Fargo. $71,460 in gross potential rents and property is currently fully occupied! Separately metered baseboard heat installed in 2005 throughout building. Improvements include new shingles on roof in 2019, new gutters in 2020, and a renovated basement complete with drain tile in 2011. Line up a showing today as this one won't last long!

Listing Details MLS# 6783945

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
3
Owner Occupied
No
Waterfront YN
No
Year Built
1914
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
1300
For Sale or Lease
For Sale
Acres
0.11
Lot Dimensions
1x1
Assessment Pending
Yes

Property Features

Accessible: None Assumable Loan: Not Assumable CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Existing Financing: Conventional Exterior: Vinyl Financing Terms: Conventional Foundation: Concrete Block Fuel: Electric Heating: Baseboard Loan Terms: Cash; Conventional Lock Box Type: Combo On Site Utilities: Electric Separate Potential Use: Other Rental License Type: Standard Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Off Market Date
2025-10-29
Closed Date
2025-11-25
Sales Close Price
290000
Contingency
None
ListPrice
299000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

Postal City
Fargo
County
Cass
State
ND
Zip Code
58103
Complex/Dev/Subdivision
Original Townsite

Assessments

Assessment Balance
6903
Assessment Installment
666
Tax With Assessments
4354

Building Information

Building Finished SqFt
3087
Building SqFt
3087

More Information

Income and Expenses

Annual Gross Income
71460

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
6

Unit 2

No. of 2 Bedroom Units
2

Unit Details

Total Units
9

Unit Information

No. of Efficiency Units
Yes
IDX
Listing Office: KW Inspire Realty Keller Williams
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.

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