$2,620,000

1023 1st Ave S Fargo, ND 58103

Downtown Fargo Neighborhood

Estimated payment $14,859/month

Total Views 3,503
-- Bed
-- Bath
24,204 Sq Ft
$108 Price per Sq Ft

Highlights

  • Deck
  • Elevator
  • Patio
  • Clara Barton Elementary School Rated A-
  • Cooling System Mounted In Outer Wall Opening
  • 4-minute walk to Island Park

About This Home

Wonderful , Newer 15 Plex in a great location near Downtown Fargo and many community Amenities! Contact your favorite Realtor to show you the Numbers on this fully rented Complex. Ground floor, enclosed parking with additional off street parking available, Elevator, washer/dryers in the units, decks, great location, PILOT tax incentive, mature trees, well worth your time ! Secure building with Elevator , easy living, walking distance to Downtown, Island Park many restaurants, YMCA.

Listing Agent

David Noah

RE/MAX Legacy Realty Listed on: 06/13/2025

RE/MAX Legacy Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $10,806

Year Built

  • Built in 2017

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Level Lot
  • Zero Lot Line

Parking

  • 15 Car Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 24,204 Sq Ft Home
  • 3-Story Property
  • Ceiling height between 8 to 10 feet
  • Blinds

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Concrete

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Entrance

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Separate Meters
  • High Speed Internet

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 01224001480000
  • $5,904 per year additional tax assessments

Community Details

Overview

  • 15 Units
  • Original Townsite Subdivision
  • Property managed by Craig Holdings, LLC

Amenities

  • Elevator

Building Details

  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $1
  • Maintenance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • Operating Expense $1
  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Apartment

Est. Annual Taxes

$10,806

Year Built

Built in 2017

Lot Details

0

Parking

15

Listing Details

  • Prop. Type: Commercial
  • Lot Size Acres: 0.16
  • Lot Size: 50x140
  • Inclusions: Building, Fixture/Equipment, Land
  • Subdivision Name: Original Townsite
  • Unit Levels: Three Or More
  • Year Built: 2017
  • Air Conditioning:Wall Unit(s): Yes
  • General Property Information Zoning3: Other
  • General Property Information Lot Size SqFt2: 7000.0
  • Location Tax and Other Information Tax Year2: 2024
  • Location Tax and Other Information Tax Amount: 8749.27
  • Location Tax and Other Information In Foreclosure: No
  • Location Tax and Other Information Lender Owned: No
  • General Property Information Year Built2: 2017
  • General Property Information Lot Dimensions: 50x140
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Exterior BrickStone: Yes
  • Amenities Unit Deck2: Yes
  • Lease Details Land Leased: Not Applicable
  • Ownership Fractional Ownership3: No
  • Roof Asphalt Shingles: Yes
  • Internet Options DSL: Yes
  • Topography Level9: Yes
  • Building Information Building Finished SqFt: 24204
  • Building Information Building SqFt: 24204.0
  • Unit Details Total Units: 15
  • Owner Pays:Water2: Yes
  • On Site Utilities Electric Separate2: Yes
  • Lot Description:Zero Lot Line: Yes
  • Income and Expenses Annual Electric Expense: 1.0
  • Income and Expenses Annual Fuel Expense: 1.0
  • Income and Expenses Annual Gross Expenses: 1.0
  • Income and Expenses Annual Insurance Expense: 1.0
  • Income and Expenses Annual Maintenance Expense: 1.0
  • Income and Expenses Annual Trash Expense: 1.0
  • Income and Expenses Annual WaterSewer Expense: 1.0
  • Income and Expenses Total Annual Expenses: 1.0
  • Amenities Shared Elevator(s): Yes
  • CMU Style ApartmentsMulti Family: Yes
  • Flooring Concrete Slab: Yes
  • Owner Pays:Sewer2: Yes
  • Flooring:Carpet: Yes
  • General Property Information Management Company Name: Craig Holdings, LLC
  • Accessible Accessible Entrance: Yes
  • Stories Three Or More: Yes
  • Foundation Concrete Perimeter: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Owner Pays: Sewer, Trash Collection, Water
  • Accessibility Features: Accessible Entrance
  • Flooring: Carpet, Concrete Slab
  • Window Features: Blinds
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Lot Features: Zero Lot Line
  • Construction Type: Block, Frame
  • Patio And Porch Features: Patio
  • Roof: Asphalt Shingles
  • Construction Materials:Frame: Yes
  • Construction Materials:Block2: Yes
  • Window Features:Blinds: Yes
  • Patio Porch and Deck Features Patio3: Yes

Garage/Parking

  • Garage Spaces: 15.0

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: City Sewer/Connected
  • Utilities: Electric Common, Electric Separate
  • Water Source: City Water/Connected
  • Heating:Baseboard: Yes

Fee Information

  • Trash Expense: 1.0

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 7000.0
  • Parcel #: 01224001480000
  • Zoning: Other

Rental Info

  • Tenant Pays: Electricity

Building Info

  • Building Information Ceiling Height: 8-10

Multi Family

  • Electric Expense: 1.0
  • Annual Gross Income: 1.0
  • Insurance Expense: 1.0
  • Maintenance Expense: 1.0
  • Property Net Operating Income: 1.0

Tax Info

  • Tax Annual Amount: 10805.96
  • Tax Other Annual Assessment Amount: 5904.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,442 $37,000 $37,000 $0
2023 $2,790 $37,000 $37,000 $0
2022 $1,840 $28,000 $28,000 $0
2021 $1,825 $28,000 $28,000 $0
2020 $1,512 $28,000 $28,000 $0
2019 $1,150 $21,000 $21,000 $0
2018 $1,602 $38,000 $21,000 $17,000
2017 $2,454 $75,850 $6,200 $69,650
2016 $2,151 $73,650 $6,200 $67,450
2015 $2,389 $59,650 $4,350 $55,300
2014 $2,226 $51,850 $4,350 $47,500
2013 $2,267 $51,850 $4,350 $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Price Changed $2,620,000 0.0% $108 / Sq Ft
08/05/2025 08/05/25 For Rent $1,075 0.0% --
06/30/2025 06/30/25 Off Market -- -- --
06/14/2025 06/14/25 For Sale $2,695,000 0.0% $111 / Sq Ft
06/13/2025 06/13/25 For Sale $2,695,000 -- $111 / Sq Ft
Source: Fargo-Moorhead Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- The Title Co
Warranty Deed $450,000 The Title Co
Warranty Deed $130,000 Fargo Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,872,000 Commercial
Previous Owner $1,350,000 Future Advance Clause Open End Mortgage
Previous Owner $225,000 Commercial
Previous Owner $97,500 Commercial
Source: Public Records

Source: Fargo-Moorhead Area Association of REALTORS®

MLS Number: 6737441

APN: 01-2240-01480-000

North Dakota Cass County Fargo 58103 Downtown Fargo

1023 1st Ave S, Fargo, ND

This home is located at 1023 1st Ave S, Fargo, ND 58103 and is currently priced at $2,620,000, approximately $108 per square foot. This property was built in 2017. 1023 1st Ave S is a home located in Cass County with nearby schools including Clara Barton Elementary School, Ben Franklin Middle School, and South High School.

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David Noah
Listing Agent
David Noah
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RE/MAX Legacy Realty
(701) 699-4387