3114 3rd Street N, Fargo, ND 58102

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Sold Price
$1,220,000
List Price
$1,500,000
Status
CLOSED
MLS#
7052428
Closing Date
Aug 14, 2026
Year Built
1973
Style
Apartments/Multi Family
Acres
0.74
County
Cass
Subdivision
Edgewood 2nd

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.

Additional Information

Appliances
Dishwasher, Microwave, Range, Refrigerator
Heating
Baseboard
Garage Spaces
18
Roof
Asphalt
School District
Fargo

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Legacy Realty.

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