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$350,000

4 Beds 3 Baths 3,648 SQFT 0.31 Acres
Type: Multi-Family

826 21st Street S
Fargo, ND 58103

MLS#: 7054768
Bill Ebert
Bill Ebert
The Real Estate Advantage
Phone: 651.276.9396
Office: 651.272.4688
Presented by: Aspire Realty

Property Description

 

Charming 5-unit multifamily investment property built in 1915, offering approximately 3,648 sq ft of living space. This well-maintained 5-plex features a mix of two 1-bed units, two studios, and one 2-bed unit. Many units have been recently updated and showcase classic character with modern touches. All units are fully rented and rent roll can be provided with inquiries. Off street parking is available along with a dedicated parking area on the property. Conveniently located in the desirable Jefferson neighborhood on the south side of Fargo, the property is close to downtown, shopping, dining, parks, and major routes. Strong rental demand with solid income potential—perfect for investors seeking a turnkey cash-flowing asset in a stable Fargo location. Turnkey opportunity with immediate income! Contact for full rent roll, expenses, and details.


 

Interior Features

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area3,648 sqft
BasementBlock
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
FuelNatural Gas

General

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesCoin-op Laundry Owned
CityFargo
ContingencyNone
CountyCass
Directions25th St S and go East on 9th Ave S then take a left on 21st St S
Electric Expense0
Fuel Expense0
Garage Spaces0
Gross Income35084
HeatingBoiler
High SchoolFargo South
High School DistrictFargo
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area3,648 sqft
Lot Size UnitsSquare Feet
MaintenanceExpense1278
Net Operating Income20474
New ConstructionNo
Number Of Units Total4
Operating Expense14610
PostalCityFargo
Property SubtypeApartment
Property TypeResidential Income
RoofAsphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameHilleboe Terrace
Tax Annual Amount$4,288
Tax Year2025
Tenant PaysAll Utilities
Trash Expense0
Water Sewer Expense0
Year Built1915
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total6,362 sqft
Foundation Area1,500 sqft
Lot Dimensions98x118x95x115
Lot Size Area13,472 sqft
Parking FeaturesParking Lot, Open
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
Elementary School N/A
High School Fargo South High School

  

Similar Properties

$350,000

4 Beds 3 Baths 3,648 SQFT 0.31 Acres
Type: Multi-Family

826 21st Street S
Fargo, ND 58103

MLS#: 7054768
Bill Ebert
Bill Ebert
The Real Estate Advantage
Phone: 651.276.9396
Office: 651.272.4688