Home › 1401 27th Avenue S, Fargo, ND 58103 (MLS# 7072170)

1401 27th Avenue S, Fargo, ND 58103 (MLS# 7072170)

$1,800,000
1401 27th Avenue S
Fargo, ND 58103
MLS# 7072170
3 beds  |  2 baths  |  24872 sqft
1401 27th Avenue S, Fargo, ND 58103
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1401 27th Avenue S, Fargo, ND 58103 1401 27th Avenue S, Fargo, ND 58103 1401 27th Avenue S, Fargo, ND 58103 1401 27th Avenue S, Fargo, ND 58103 1401 27th Avenue S, Fargo, ND 58103 1401 27th Avenue S, Fargo, ND 58103 1401 27th Avenue S, Fargo, ND 58103 1401 27th Avenue S, Fargo, ND 58103 1401 27th Avenue S, Fargo, ND 58103 1401 27th Avenue S, Fargo, ND 58103

Property Description
Opportunity Knocks! These opportunities do not hit the open market very often. Well Maintained 24 unit Building in the Heart of Fargo with a convenient location to Healthcare, Shopping, Interstate access. Nice Size units with 16 Two Bedroom 1 Bath and 8 One Bedroom 1 Bath Units all with a 24 Garage units. New Shingles on the Building and Garages in 2025. Many other updates to the units and grounds

Details
Maps
Contract Information
Status: Active
Current Price: 1800000
Contingency: None
ListPrice: 1800000
List Date: 2026-08-11
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Owner Occupied: No
Waterfront YN: No
Year Built: 1977
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Bedrooms: 3
Baths Total: 2
Foundation Size: 12436
Garage Stalls: 24
For Sale or Lease: For Sale
Acres: 1.06
Lot Dimensions: 170 x 268
Assessment Pending: Yes
Location Tax and Other Information
House Number: 1401
Street Name: 27th
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Fargo
County: Cass
State: ND
Zip Code: 58103
Complex/Dev/Subdivision: Arrowhead Estates
Assessments
Assessment Balance: 3237
Assessment Installment: 337
Tax With Assessments: 20596
Basement
Foundation Dimensions: 1
Building Information
Building Finished SqFt: 24872
Building SqFt: 24872
Income and Expenses
Annual Electric Expense: 3456
Annual Gross Expenses: 76886
Annual Gross Income: 203256
Annual Insurance Expense: 15000
Annual Net Income: 126370
Annual Trash Expense: 1008
Annual Water/Sewer Expense: 6336
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: FMR
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building, Land
Unit 1
Unit Number: 101
Monthly Rent: 750
Full Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Total Rooms: 5
Level: Main Level
Unit Total SqFt: 920
Leased?: Yes
Lease Expiration Date: 2027-03-31
No. of 1 Bedroom Units: 6
Unit 2
No. of 2 Bedroom Units: 18
Full Baths: 1
Lease Expiration Date: 2026-12-31
Leased?: Yes
Level: Main Level
Monthly Rent: 625
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 4
Unit Number: 103
Unit Total SqFt: 850
Unit Details
Total Units: 24
Property Features
Accessible: None
Air Conditioning: Wall Unit(s)
Amenities Shared: Coin-op Laundry Owned
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Current Use: Commercial
Exterior: Brick/Stone; Metal
Foundation: Poured Concrete
Fuel: Electric; Natural Gas
Heating: Baseboard
Lock Box Type: Supra
On Site Utilities: Electric Separate
Roof: Architectural Shingle
Sewer: City Sewer/Connected
Stories: Three Or More
Tenant Pays: Electricity
Water: City Water/Connected

Listing Office: HomeSmart Adventure Realty (DL)

Last Updated: September - 08 - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Friday 16th of October 2026 12:53 PM

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