Fargo, ND 58102
$1,500,000
Property Type:
Commercial
Square Footage:
17,376
Lot Size (sq. ft.):
32,234
Status:
Active
Current Price:
$1,500,000
List Date:
4/13/2026
Last Modified:
6/21/2026
Overview
Description
...
(Read more)
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.
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
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
- Contingency
- Inspection
- 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
Office/Member Info
- Association
- FMR
Location, Tax and Other Information
- Legal Description
- EDGEWOOD 2ND PT OF BLK 5 DESC AS: BEG AT NE BLK 5 S 00DG45'32"" E ALG E LN BLK 5 FOR 202.50' S 89DG14'52"" W FOR 160' N 00DG45'32"" W FOR 202.50' TO PT ON N LN BLK 5 THEN 89DG14'52"" E FOR 160' TO BEG
- Listing City
- Fargo
- Map Page
- 999
- Municipality
- Fargo
- School District
- Fargo
- Zip Plus 4
- 7885
- Property ID Number
- 01073000332000
- Tax Year
- 2025
- Tax Amount
- 17456
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- Not disclosed
Directions & Remarks
- Public Remarks
- 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.
- Directions
- Google Maps takes you right to property.
Accessible
- None
- Yes
Air Conditioning
- Wall Unit(s)
- Yes
Amenities Shared
- Coin-op Laundry Owned
- Yes
Amenities Unit
- Deck
- Yes
Appliances
- Dishwasher
- Yes
- Microwave
- Yes
- Range
- Yes
- Refrigerator
- Yes
Construction Materials
- Brick
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick/Stone
- Yes
Fencing
- None
- Yes
Flooring
- Other/See Remarks
- Yes
Fuel
- Electric
- Yes
Heating
- Baseboard
- Yes
Lock Box Type
- None
- Yes
Lot Description
- Corner Lot
- Yes
Parking Characteristics
- Parking Lot
- Yes
- Paved Lot
- Yes
- Unassigned
- Yes
Patio, Porch and Deck Features
- Deck
- Yes
Pool Description
- None
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Roof
- Asphalt Shingles
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- Three Or More
- Yes
Water
- City Water/Connected
- Yes
No. of Ranges
- One Per Unit
- Yes
No. of Refrigerators
- One Per Unit
- Yes
On Site Utilities
- Electric Separate
- Yes
- Hot Water Common
- Yes
CMU Style
- Apartments/Multi Family
- Yes
Current Use
- Other
- Yes
Loan Terms
- Cash
- Yes
- Conventional
- Yes
- Other
- Yes
Location Description
- Free Standing
- Yes
Overhead Door Clearance
- 0-9 Feet
- Yes
Rent Rate per Foot
- Per Month
- Yes
Documents
Listing Office:
RE/MAX Legacy Realty
Last Updated: June - 21 - 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.
©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
