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Kilbourne_Logo
$2,400,000
1447 Patterson Loop Loop
Fergus Falls, MN 56537
MLS# 25-288

1447 Patterson from the south main entra
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1447 Patterson from the south main entra 1447 Exterior from SW 1628PATTERSON9144 EEXT0839 1447 Patterson Loop Aerial photo all 3 buildings 1447 Apartment interior from kichen 1447 interior arch door into unit 1447 Patterson Kitchen 1447 Patterson Porch 2FLOOR9224 2 APT9210 HALL9229 1447.4 1447-1 1447-3 1447-6 1447-8 1447-9 1628 - 2 1628 1 1628-5

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
Documents
General, Tax & Legal
Building Size (SF): 32736
Taxes: 0
Spec Inst: 0
Spec Unpd: 0
Drain: 0
Contract Information
Property Name: Fergus Falls Apartments
Auction YN: No
Owner/Agent: Yes
Current Price: $2,400,000
Begin Date: 2025-04-09
Price: 2400000
Type
Investment Property: 1
Multi-Family: 1
Location
Address #: 1447
Street Name: Patterson Loop
Street Suffix: Loop
County: Otter Tail
State/Province: MN
Postal Code: 56537
General Tax Legal
Parcel No.: 71003991877001
Year Built: 1920
Lot Size (SF): 109336
Lot Acres: 2.51
Status Change Info
Status: Active
Property Features
Type: Investment Property; Multi-Family
IDX
Listing Office: Horizon Real Estate Group

Office Email: David@horizonfargo.com

Last Updated: June - 09 - 2026

Information deemed reliable but not guaranteed.

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