Property Description Excellent investment opportunity in Downtown Fargo! Mixed-use property featuring 4 commercial spaces and 9 residential apartments, plus a separate private parking lot with 26 spaces. Strong existing income with additional upside through lease-up, increased rents and parking revenue. Great opportunity to own a diversified income-producing asset in Downtown Fargo.
Details
Maps
Documents
General, Tax & Legal
Building Size (SF): 15000
Taxes: 31229
Spec Inst: 273.4
Spec Unpd: 3496
Contract Information
Property Name: 17 + 21 8th St S Plus Parking Parcel
Auction YN: No
Owner/Agent: No
Current Price: $2,100,000
Begin Date: 2026-08-17
Price: 2100000
Type
Investment Property: 1
Multi-Family: 1
Exterior
Brick: 1
Roof
Flat: 1
Foundation
Brick: 1
Multi-Family Info
# Rental Units: 13
Heat System
Electric: 1
Hot Water-Steam: 1
Natural Gas: 1
Air Conditioning
Central: 1
Electric: 1
Wall: 1
1 Bedroom Info
# of 1 Bedrooms: 9
Investment Prop Info
Income: 176221
Insurance: 12620
Management: 11494
Utilities: 9300
Maintenance: 8998
APOD Available: Yes
Total Expenses: 84801
Net Operating Income: 91419
Location
Address #: 23
Street Name: 8th
Street Suffix: Street
Street Direction Sfx: S
County: Cass
State/Province: ND
Postal Code: 58103
General Tax Legal
Parcel No.: 01224001260000
Year Built: 1901
Lot Size (SF): 16553
Lot Acres: 0.38
Status Change Info
Status: Active
Property Features
Type: Investment Property; Multi-Family
Exterior: Brick
Roof: Flat
Foundation: Brick
Heat System: Electric; Hot Water-Steam; Natural Gas
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