3114 3rd Street N, Fargo, ND 58102 (MLS# 7052428)


$1,500,000
3114 3rd Street N
Fargo, ND 58102
MLS# 7052428



3114 3rd Street N, Fargo, ND 58102
  1 / 35  
3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102 3114 3rd Street N, Fargo, ND 58102

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.

Details
Maps
Documents
Contract Information
Exclusions: Tenant personal property
Status: Active
Current Price: 1500000
Contingency: None
ListPrice: 1500000
List Date: 2026-04-12
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Management Company Name: River Rock Property Management
Multiple PIDs?: No
Other Parking Spaces: 18
Owner Occupied: No
Waterfront Present: No
Year Built: 1973
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 17376
Garage Stalls: 18
Management Company Phone: 701-639-4900
For Sale or Lease: For Sale
Acres: 0.74
Lot Dimensions: 160x160x202.5x202.5
Assessment Pending: No
Location Tax and Other Information
House Number: 3114
Street Name: 3rd
Street Suffix: Street
Street Direction Suffix: N
Postal City: Fargo
County: Cass
State: ND
Zip Code: 58102
Complex/Dev/Subdivision: Edgewood 2nd
Assessments
Assessment Balance: 8669.24
Assessment Installment: 1446.66
Tax With Assessments: 17456
Building Information
Building Finished SqFt: 17376
Building SqFt: 17376
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building
Unit 1
No. of 1 Bedroom Units: 9
Unit 2
No. of 2 Bedroom Units: 9
Unit Details
Total Units: 18
Property Features
Accessible: None
Air Conditioning: Wall Unit(s)
Amenities Shared: Coin-op Laundry Owned
Amenities Unit: Deck
Appliances: Dishwasher; Microwave; Range; Refrigerator
CMU Style: Apartments/Multi Family
Construction Materials: Brick
Construction Status: Previously Owned
Current Use: Other
Exterior: Brick/Stone
Fencing: None
Flooring: Other/See Remarks
Fuel: Electric
Heating: Baseboard
Loan Terms: Cash; Conventional; Other
Location Description: Free Standing
Lock Box Type: None
Lot Description: Corner Lot
On Site Utilities: Electric Separate; Hot Water Common
Overhead Door Clearance: 0-9 Feet
Parking Characteristics: Parking Lot; Paved Lot; Unassigned
Pool Description: None
Rent Rate per Foot: Per Month
Road Responsibility: Public Maintained Road
Roof: Asphalt Shingles
Sewer: City Sewer/Connected
Stories: Three Or More
Water: City Water/Connected

Listing Office: RE/MAX Legacy Realty

Last Updated: May - 29 - 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.

Monday 1st of June 2026 04:08 PM

218-998-4400