$700,000

Estimated payment $4,222/month

Total Views 1,090
-- Bed
-- Bath
6,402 Sq Ft
$109 Price per Sq Ft

Highlights

  • Corner Lot
  • Coin Laundry
  • Radiator
  • Window Unit Cooling System
  • Carpet

About This Home

Located just steps from downtown Fargo, this 11-unit multifamily property is being sold with an adjacent vacant lot (305 University Dr), offering unmatched development potential.

Whether you're looking to renovate and revitalize the existing structure or pursue a ground-up redevelopment, the possibilities here are endless. With prime access to downtown amenities, restaurants, NDSU, and major transit routes, this site is ideal for investors, developers, or visionaries ready to make an impact in a high-demand neighborhood. Don't miss this rare chance to own a strategically located property with multiple exit strategies. Reach out today for more details or to schedule a showing.

Listing Agent

Ryan Belen

eXp Realty (3523 FGO) Listed on: 07/01/2025

eXp Realty (3523 FGO)

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,896

Year Built

  • Built in 1885

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60x150
  • Corner Lot
  • Property is zoned Residential-Multi-Family

Home Design

  • Architectural Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 6,402 Sq Ft Home
  • 3-Story Property
  • Carpet
  • Range

Parking

  • Paved Parking
  • Parking Lot

Utilities

  • Window Unit Cooling System
  • Radiator
  • Separate Meters

Listing and Financial Details

  • Exclusions: Tenant Personal Property
  • Assessor Parcel Number 01070001940000
  • $301 per year additional tax assessments

Community Details

Overview

  • 11 Units
  • Low-Rise Condominium
  • Eddy & Fullers Outlots Subdivision

Amenities

  • Coin Laundry

Property Details

Property Type

Other

Est. Annual Taxes

$4,896

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Prop. Type: Commercial
  • Lot Size Acres: 0.21
  • Lot Size: 60x150
  • Inclusions: Building
  • Subdivision Name: Eddy & Fullers Outlots
  • Directions: Use google or apple maps
  • Unit Levels: Three Or More
  • Year Built: 1885
  • Roof:Architectural Shingle: Yes
  • Air Conditioning:Window Unit(s): Yes
  • General Property Information Zoning3: Residential-Multi-Family
  • General Property Information:Acres: 0.21
  • Location Tax and Other Information Tax Year2: 2024
  • Location Tax and Other Information Tax Amount: 4721.68
  • Location Tax and Other Information In Foreclosure: No
  • Location Tax and Other Information Lender Owned: No
  • General Property Information Year Built2: 1885
  • General Property Information Lot Dimensions: 60x150
  • Appliances Refrigerators: Yes
  • Exterior:Vinyl2: Yes
  • Lease Details Land Leased: Not Applicable
  • Ownership Fractional Ownership3: No
  • Building Information Building Finished SqFt: 6402
  • Building Information Building SqFt: 6402.0
  • Unit Details Total Units: 11
  • Lot Description:Corner Lot: Yes
  • On Site Utilities Electric Separate2: Yes
  • Amenities Shared Coin-op Laundry Owned: Yes
  • Heating Radiator: Yes
  • Flooring:Carpet: Yes
  • CMU Style Low Rise: Yes
  • Stories Three Or More: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Appliances: Range, Refrigerator
  • Accessibility Features: None
  • Flooring: Carpet
  • Appliances Range: Yes

Exterior Features

  • Lot Features: Corner Lot
  • Exclusions: Tenant Personal Property
  • Roof: Architectural Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot
  • Parking Characteristics Parking Lot: Yes

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Radiator
  • Heating Yn: Yes
  • Sewer: City Sewer/Connected
  • Utilities: Electric Separate
  • Water Source: City Water/Connected
  • Heating Fuel:Natural Gas: Yes

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 9147.6
  • Parcel #: 01070001940000
  • Zoning: Residential-Multi-Family

Tax Info

  • Tax Annual Amount: 4896.11
  • Tax Other Annual Assessment Amount: 300.64

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 $5,071 $164,200 $28,000 $136,200
2023 $4,813 $156,400 $28,000 $128,400
2022 $4,283 $136,000 $28,000 $108,000
2021 $4,208 $136,000 $28,000 $108,000
2020 $4,179 $136,000 $28,000 $108,000
2019 $3,977 $129,750 $11,500 $118,250
2018 $5,977 $129,750 $11,500 $118,250
2017 $4,549 $119,050 $11,500 $107,550
2016 $3,437 $119,050 $11,500 $107,550
2015 $3,219 $103,500 $11,500 $92,000
2014 $3,042 $94,400 $11,500 $82,900
2013 $3,133 $94,400 $11,500 $82,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2025 08/10/25 Price Changed $700,000 -9.9% $109 / Sq Ft
07/01/2025 07/01/25 For Sale $777,000 -- $121 / Sq Ft
Source: Fargo-Moorhead Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $172,000 Commercial
Closed $130,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Fargo-Moorhead Area Association of REALTORS®

MLS Number: 6747725

APN: 01-0700-01940-000