822 W Maple Avenue Fergus Falls, MN 56537
MULTI_FAMILY - Fergus Falls, MN
- Added:
- Jan 15, 2026
- Days on Market:
- 178
- Last Refresh:
- Jul 12 at 8:06 am
Property Features for 822 W Maple Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Basement, Bathroom 1, Bedroom 4
- Parking features
- Garage - Detached, Driveway
- Exterior features
- Vinyl
- Standard status
- Active
- APN
- 71003991370000
- Size
- 1,447 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 1998
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1928
- Building materials
- Frame
- Roof type
- Shingle
Listing agent Ryan Hanson License #5609590 (218) 454-4300
Listing office Keller Williams Realty Professionals 226 E Lincoln Ave Suite 200, Brainerd, MN (218) 454-4300
Listing date Jan 15, 2026
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 822 W Maple Avenue in Fergus Falls, Minnesota, the property sits on the west end of the city. The lot size is listed at 0.22 acres, with a total building size of 1,447 square feet.
For buyers or investors looking for a two-unit income property with a straightforward unit mix, this layout provides multiple rental opportunities within one building. The existing configuration allows separate leasing of the three-bedroom and two-bedroom units, which can simplify occupancy planning compared with single-unit ownership. The duplex format and attached-by-complexity exterior features like vinyl siding are designed to keep ownership and property upkeep practical. The detached garage further enhances the tenant-ready setup for day-to-day use.
Key Highlights
- Duplex with multiple income streams: main upper unit with 3 bedrooms and a separate lower‑level 2‑bedroom apartment
- Year built 1928 with frame construction
- Low‑maintenance exterior with vinyl siding
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.2k | $12.60 |
| − Vacancy | −$912 | −$0.63 |
| EGI | $17.3k | $11.97 |
| − OpEx | −$5.2k | −$3.59 |
| NOI | $12.1k | $8.38 |
