Search
11-Unit Apartment Building
New
For Sale
$550,000

1306 3rd Avenue S, Fargo, ND 58103

Commercial Sale, Fargo, ND

Property SizeContact for details
Lot Size0.21 Acres
Days on Market4

Property Features for 1306 3rd Avenue S

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Residential-Multi-Family
Parking features Parking Lot
Exterior features Vinyl
Subdivision Eddy & Fullers Outlots
High school district Fargo
Directions Use Apple or Google maps
Standard status Active
APN 01070001940000
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5075

Utilities

Heating system Oil

Building Details

Year built 1885
Listing Agency: eXp Realty (3523 FGO)
Listed By: Ryan Belen
Added: Aug 27 Last Checked: Aug 30 at 12:06AM
MLS# 7133695

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.

This 11-unit apartment building at 1306 3rd Avenue S in Fargo includes a vinyl exterior, oil heating, and a dedicated parking lot. Constructed in 1885, the property offers an established multifamily configuration near downtown Fargo.

The surrounding area includes downtown amenities, restaurants, NDSU, and major transportation routes. The building may be purchased independently or together with the adjacent vacant parcel at 305 University Dr, Parcel #01-0700-01950-000. The associated lot contains 0.211 acres and provides an additional land component for the combined acquisition.

Key Highlights

  • 11‑unit apartment building
  • Built in 1885
  • 0.211‑acre adjacent vacant lot available with the property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Butcher Grocery & Convenience Store Pet Grooming Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

2,072
Businesses Nearby

Demographics for 58103, ND

46,754
Population
25,241
Households
1.9
Avg Household Size
36
Median Age
37%
College-Educated
93%
High-School Grad
11.5 sq mi
ZIP Area
4,066
Density / Sq Mi
$57,699
Median Household Income
$38,241
Median Earnings
$831
Median Rent
$239,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Apartment property with a parking lot and vinyl exterior near downtown amenities.
Where is this apartment building located?
The property is located at 1306 3rd Avenue S Fargo, ND.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 11‑unit apartment building; Built in 1885; 0.211‑acre adjacent vacant lot available with the property
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message