11 Beds
11 Beds
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Chapins - Hobson
MLS Listing ID 7033354
Bedrooms 11
Year Built 1890
Annual Tax Amount $4,878
Tax Year 2025
Contingent None
Lot Dimensions 74.9x79
Property Description
Prime 11-unit multifamily investment opportunity located just minutes from NDSU in North Fargo. This well-positioned property features a strong mix of studio, one-bedroom, and two-bedroom units, appealing to a wide range of tenants including students, young professionals, and workforce renters.
The property has seen consistent rental demand and presents a solid opportunity for investors seeking a stabilized asset in a proven rental location. With leases in place and a diverse unit mix, the property offers dependable occupancy and long-term investment potential.
Situated near North Dakota State University, downtown Fargo, major employment centers, and public transportation routes, this location continues to benefit from strong tenant demand and accessibility to many of the area's key amenities.
Whether you are looking to expand your portfolio or secure a multifamily asset in one of Fargo's most consistently rented areas, this property offers immediate income potential with additional upside for investors looking to further optimize operations over time.
Location
State ND
County Cass
Zoning Residential-Multi-Family
Rooms
Family Room Other
Basement Finished, Full
Interior
Heating Boiler
Cooling Wall Unit(s)
Flooring Carpet, Tile
Inclusions Building
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Range, Refrigerator
Exterior
Parking Features On-Street Parking Only, Parking Lot
Fence None
Pool None
Utilities Available Electric Common, Heating Common, Hot Water Common
Roof Type Asphalt
Present Use Residential
Building
Lot Description Corner Lot
Story Two
Foundation 1650
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Fargo
Schools and Properties Nearby
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