821 7TH AVE N.

Highlights

• Building Size: 8,024 SF
• Lot Size: 10,500 SF
• Year Built: 1968
• Unit Mix: 8 units (one 1-bedroom/1-bath, seven 1-bedroom + den/1-bath)
• Parking: 10 off-street parking spaces
• Zoning: MR-3 Multi-Family Residential

Description

Why Invest?
With Fargo’s continued economic growth, proximity to major employment centers, and increasing demand for well-located rental properties, this asset offers investors a stable income stream with future appreciation potential. Whether you're looking to expand your portfolio or enter the multifamily market, this 8-plex delivers a proven track record of performance and an attractive opportunity for value growth.

Opportunity to purchase a 1.5-story, 8-unit brick walk-up apartment building in downtown Fargo with on-site parking for 10 vehicles. Strategically positioned between North Dakota State University (NDSU), Sanford Health’s main campus, and Fargo’s vibrant Central Business District (CBD), this property benefits from strong rental demand and stable occupancy. The area is well-connected via major thoroughfares, including Broadway, 10th Street North, and University Drive, ensuring easy access to employment hubs, retail centers, and public amenities.

This dynamic neighborhood attracts a mix of students, young professionals, and medical staff, making it a sought-after rental location. Additionally, the property sits just minutes from Fargo’s thriving downtown scene, known for its boutique retail, dining, and entertainment options.