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Maintained Triplex with Flexible Occupancy
For Sale
$265,000

1637 8th Ave S, Fargo, ND 58103

Three-unit property with one rented residence and another available for a new tenant or owner-occupant.

Property Size3,032 SF
Price / SF$87.40
Days on Market40

Property Features for 1637 8th Ave S

General Information

Standard status Active
Size 3,032 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $4,006
Listing Agency: REAL (405 FGO)
Listed By: Nicole Outka
Source: Exprealty
Added: Jul 15 Changed: Aug 22 Last Checked: Aug 22 at 6:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REAL (405 FGO)

Investment Insights

Based on property information with market context.

This 3032-square-foot triplex offers three separate residential units with a varied occupancy profile. Unit 1 is occupied by the owner, Unit 2 is currently rented, and Unit 3 is vacant for a future tenant or owner-occupant.

The property has received upgrades and ongoing maintenance, with attention given to safety throughout the building. Located at 1637 8th Ave S in Fargo, ND, the asset provides a combination of existing rental occupancy and available residential space within one multifamily property.

Key Highlights

  • 3032‑square‑foot triplex with three residential units
  • Unit 1 is owner‑occupied
  • Unit 2 is currently rented

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Pet Grooming Service Grocery & Convenience Store Butcher Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

832
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property with one rented residence and another available for a new tenant or owner-occupant.
Where is this triplex located?
The property is located at 1637 8th Ave S Fargo, ND.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 3032‑square‑foot triplex with three residential units; Unit 1 is owner‑occupied; Unit 2 is currently rented
More about this property
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