1447 Patterson Loop, Fergus Falls, MN 56537 (MLS# 7023314)


$2,400,000
1447 Patterson Loop
Fergus Falls, MN 56537
MLS# 7023314



1447 Patterson Loop, Fergus Falls, MN 56537
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1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447_Patterson_from_the_south_main_entrance.jpg 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537 1447 Patterson Loop, Fergus Falls, MN 56537

Property Description
31-unit multifamily investment in Fergus Falls, MN. 1447 Patterson Loop offers 18 units; 1628 has 13 units. Originally built in 1920 and fully restored to the studs in 2017 using Historic Tax Credits. Upgrades include tuck-pointed brick, new wiring, plumbing, HVAC, roof, windows, flooring, kitchens, and more. This one-of-a-kind property blends historic charm with modern reliability.

Details
Maps
Contract Information
Status: Active
Current Price: 2400000
Contingency: None
ListPrice: 2400000
List Date: 2026-02-18
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Waterfront Present: No
Year Built: 1912
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 15000
For Sale or Lease: For Sale
Acres: 1.73
Lot Dimensions: 102000
Location Tax and Other Information
House Number: 1447
Street Name: Patterson
Street Suffix: Loop
Postal City: Fergus Falls
County: Otter Tail
State: MN
Zip Code: 56537
Complex/Dev/Subdivision: Kirkbride Add
Assessments
Tax With Assessments: 1224
Building Information
Building Finished SqFt: 32736
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 43
Section#: 27
Township#: 133
Sale Options
Sale Includes: Building
Unit Details
Total Units: 31
Property Features
Accessible: Other
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Current Use: Other
Exterior: Brick/Stone
Foundation: Other
Fuel: Natural Gas
Heating: Zoned
On Site Utilities: Electric Separate
Parking Characteristics: Parking Lot
Sewer: City Sewer - In Street
Water: City Water - In Street

Listing Office: Horizon Real Estate Group

Last Updated: April - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Tuesday 26th of May 2026 11:24 AM

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