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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: 5/27/2026

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
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

Listing Office: Aspire Realty

Last Updated: May - 27 - 2026

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