1120 16th St N Fargo, ND 58102
Roosevelt NeighborhoodEstimated payment $18,627/month
Highlights
- 1.79 Acre Lot
- Horace Mann Roosevelt Elementary School Rated 9+
- Heating Available
About This Home
Great Development Opportunity – Prime University Mixed-Use (UMU) Zoning!
Unlock the potential of this exceptional investment package in North Fargo! This rare offering includes seven parcels on one block, all sold together, & zoned University Mixed-Use (UMU)—allowing you to build lot line to lot line w/ incredible flexibility for commercial, residential, or mixed-use development.
Included Properties:
1120 16th ST N
1106 16th ST N (4-plex)
1102 16th ST N (vacant lot)
1115 17th ST N (single family)
1119 17th ST N (vacant lot)
1121 17th ST N (duplex)
1125 17th ST N (4-plex)
With a mix of existing multifamily structures, single-family, & vacant land, this package presents a unique redevelopment opportunity in a growing corridor. Proximity to NDSU, downtown, & major transportation routes makes this location ideal for high-density housing, student housing, or commercial space.
Don’t miss this chance to capitalize on Fargo’s growth & the rare UMU zoning flexibility.
Owner/Agent.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $41,951
Year Built
- Built in 1968
Lot Details
- 1.79 Acre Lot
Home Design
- 26,352 Sq Ft Home
- Brick Exterior Construction
- Slab Foundation
- Flat Tile Roof
Parking
- Paved Parking
- Uncovered Parking
- Parking Lot
Utilities
- Heating Available
- Separate Meters
Community Details
- 35 Units
Listing and Financial Details
- Assessor Parcel Number 01010000010000
- $2,722 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
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 | $26,219 | $862,800 | $87,500 | $775,300 |
| 2023 | $26,083 | $862,800 | $87,500 | $775,300 |
| 2022 | $23,592 | $763,550 | $87,500 | $676,050 |
| 2021 | $21,119 | $694,150 | $87,500 | $606,650 |
| 2020 | $19,005 | $631,050 | $87,500 | $543,550 |
| 2019 | $19,014 | $631,050 | $87,500 | $543,550 |
| 2018 | $18,772 | $631,050 | $87,500 | $543,550 |
| 2017 | $17,883 | $606,800 | $87,500 | $519,300 |
| 2016 | $16,212 | $606,800 | $35,000 | $571,800 |
| 2015 | $16,463 | $577,900 | $35,000 | $542,900 |
| 2014 | $14,716 | $502,500 | $35,000 | $467,500 |
| 2013 | $13,050 | $417,100 | $35,000 | $382,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | For Sale | $2,885,000 | 0.0% | $109 / Sq Ft |
| 07/11/2025 07/11/25 | Price Changed | $815 | 0.0% | $1 / Sq Ft |
| 05/21/2025 05/21/25 | Price Changed | $815 | 0.0% | $1 / Sq Ft |
| 12/04/2024 12/04/24 | Price Changed | $815 | +1.9% | $1 / Sq Ft |
| 11/08/2023 11/08/23 | Price Changed | $800 | +6.7% | $1 / Sq Ft |
| 10/07/2023 10/07/23 | Price Changed | $750 | 0.0% | $1 / Sq Ft |
| 08/07/2023 08/07/23 | For Rent | -- | -- | -- |
| 06/21/2023 06/21/23 | For Rent | -- | -- | -- |
| 10/24/2022 10/24/22 | Price Changed | $750 | 0.0% | $1 / Sq Ft |
| 08/25/2022 08/25/22 | Price Changed | $750 | +7.9% | $1 / Sq Ft |
| 08/23/2022 08/23/22 | For Rent | $695 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Northern Title Co | |
| Personal Reps Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,267,500 | Commercial |
Source: Fargo-Moorhead Area Association of REALTORS®
MLS Number: 6756361
APN: 01-0100-00010-000
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