MLS 7052428
Commercial
$1,500,000
3114 N 3rd Street
Fargo ND 58102
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 spaceāan 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.
Additional Details
| Year Built: | 1973 |
| Acres: | 0.744 Acres |
| Lot Dimensions: | 160x160x202.5x202.5 |
| Garage Spaces: | 18 |
| School District: | 469 |
| Subdivision: | Edgewood 2nd |
| County: | Cass |
| Taxes: | $17,456 |
| Taxes with Assessments: | $17,456 |
| Tax Year: | 2025 |
| CurrentUse: | Other |
Additional Features
Fuel: Array
Sewer: City Sewer/Connected
Water: City Water/Connected
Air Conditioning: Wall Unit(s)
Appliances: Dishwasher, Microwave, Range, Refrigerator
Roof: Asphalt
Listing Status
Active
2026-04-13 10:04:33 Date Listed
2026-04-13 10:04:33 Last Update
2026-04-13 10:04:33 Last Photo Update