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Listed price in listed location currency (USD).
$345,000

850

MLS® 7027590

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 3187 sqft
Garage No
Taxes $5,547
Days Active 0
Lot Size 
Approx. Age 1902
Avg. Price Per Sqft $108
MLS® Number 7027590

Property Address: 727 3rd St N, Fargo, ND, 58102-4520

Average square foot calculated using Size range provided by listing agent.

Description

This 5-unit property represents a perfectly balanced "hybrid" investment, engineered for both stability and high yield performance. By diversifying the tenant base, the property captures the best of both worlds: three long-term units provide a reliable, steady foundation of monthly income that covers operating expenses and debt service, while two units are dedicated to the short-term rental market. These STR units capitalize on peak seasonal rates and travel demand, significantly boosting the property’s gross income and driving an oversized cash-on-cash return that far outpaces traditional multi-family assets. For the savvy investor, this complex is a turnkey & cash flowing that pairs the security of a classic apartment building with the upside of the hospitality industry. Basement has finished storage units ready to use for extra income plus a basement studio apartment currently used for storage. **24 hour notice required for all showings. Owner/agent
MLS® Number7027590
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1902
BasementBlock
DrivewayParking Lot
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 3, 2026List Date
$345,000List Price
  • Commute

Commute

Starting Address
Destination Address
727 3 Rd St N, Fargo, ND

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