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Apartment Building with Garages
For Sale
$1,500,000

3114 3rd Street N, Fargo, ND 58102

Eighteen-unit apartment property with private decks, shared laundry, and garage space assigned to every residence.

Property Size17,376 SF
Price / SF$86.33
Days on Market153

Property Features for 3114 3rd Street N

General Information

Standard status Active
Size 17,376 SF
Property subtype General Commercial
Occupancy 100%

Additional Details

Multifamily Units 18

Taxes and HOA fees

Annual Taxes $17,456

Amenities

private decks
shared laundry
Wall Air Conditioning
3
Parking. Corner Lot.
Asphalt, Unassigned, Lot.
Corner.

Building Details

Year Built 1973
Listing Agency: 252445
Listed By: Blaine Cook
Source: Xome
Added: Mar 31 Changed: Aug 30 Last Checked: Aug 30 at 3:10PM

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 252445

Investment Insights

Based on property information with market context.

This 18-unit apartment property contains a mix of one-bedroom and two-bedroom residences within a 17,376-square-foot building constructed in 1973. Unit features include full kitchen appliance packages with dishwashers, microwaves, and ranges, along with a combination of carpet and hardwood flooring. Sliding doors open to private decks, while wall air conditioning serves the residences. Garage space is provided for every unit, and shared laundry facilities are located on each floor.

The property occupies a corner lot in North Fargo at 3114 3rd Street N. The surrounding location offers proximity to NDSU, the Fargodome, and Hector International Airport. On-site improvements include an asphalt parking lot with unassigned spaces. The asset is fully occupied and professionally managed, with doorbells installed at each unit.

Key Highlights

  • 18‑unit apartment property with one‑bedroom and two‑bedroom residences
  • 17,376‑square‑foot building constructed in 1973
  • Garage space provided for every unit

Property Analytics

Current Use

Cambridge Square Apartment Complex

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Dental Office Hair Salon Parking Lot & Garage

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

18
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

316
Businesses Nearby

Demographics for 58102, ND

30,767
Population
16,757
Households
1.8
Avg Household Size
32
Median Age
45%
College-Educated
95%
High-School Grad
31.6 sq mi
ZIP Area
974
Density / Sq Mi
$56,028
Median Household Income
$31,939
Median Earnings
$829
Median Rent
$235,600
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?
Apartment building - Eighteen-unit apartment property with private decks, shared laundry, and garage space assigned to every residence.
Where is this apartment building located?
The property is located at 3114 3rd Street N Fargo, ND.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 18‑unit apartment property with one‑bedroom and two‑bedroom residences; 17,376‑square‑foot building constructed in 1973; Garage space provided for every unit
More about this property
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