Affinity Real Estate in Park Rapids MN
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/
35
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 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.

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

Listed by RE/MAX Legacy Realty

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Affinity Real Estate Inc
600 Park Avenue South / PO Box 512
Park Rapids, MN 56470

218-237-3333

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©2025 Affinity Real Estate Inc - Licensed in MN

216.73.216.219

Affinity Real Estate in Park Rapids MN
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