$1,220,000
$1,500,000
18.7%For more information regarding the value of a property, please contact us for a free consultation.
0.74 Acres Lot
SOLD DATE : 08/14/2026
Key Details
Sold Price $1,220,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Edgewood 2Nd
MLS Listing ID 7052428
Sold Date 08/14/26
Year Built 1973
Annual Tax Amount $17,456
Tax Year 2025
Contingent None
Lot Size 0.744 Acres
Lot Dimensions 160x160x202.5x202.5
Property 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 consistent occupancy, a high-demand location, and proven management in place, this asset presents a strong, low-friction addition to any investment portfolio with both stability and upside potential.
Location
State ND
County Cass
Zoning Residential-Multi-Family
Interior
Heating Baseboard
Cooling Wall Unit(s)
Flooring See Remarks
Fireplace No
Appliance Dishwasher, Microwave, Range, Refrigerator
Exterior
Parking Features Detached Garage, Asphalt, Parking Lot, Paved Lot, Unassigned
Garage Spaces 18.0
Fence None
Pool None
Utilities Available Electric Separate, Hot Water Common
Roof Type Asphalt
Present Use Other
Building
Lot Description Corner Lot
Story Three Or More
Foundation 17376
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Three Or More
Structure Type Brick
New Construction false
Schools
School District Fargo
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