Building Details

Year Built 1970

Buildings 1

Listing Agency: Edina Realty, Inc

Listed By: Michael Bartus Show Phone

Source: Hometwincities

Added: Sep 6 Changed: Oct 25 Last Checked: Oct 24 at 5:05PM

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Investment Insights

Based on property information with market context.

This 18-unit apartment building at 318 31st Avenue N in Fargo includes 18 one-bedroom apartments and a dedicated garage for each unit. Three separate laundry rooms provide one on every floor. Interior updates have been completed as needed, including replacement water heaters, carpeting, and paint.

Property improvements include roof work in 2015, updated windows in 2017, new glass entryway enclosures in 2023, and shingle replacement in 2024. The North Fargo location is near NDSU, shopping, restaurants, employment, public transportation, and other area amenities.

Key Highlights

• 18 one‑bedroom apartment units
• 18 dedicated garages, one for each apartment
• Three separate laundry rooms, with one on each floor

Property Analytics

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Open Analytics

Lease Details

18

Residential units

Location Intelligence

Trade Area within ½ mile

316

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Apartment building - Consistent one-bedroom layouts, individual garages, and three laundry rooms support straightforward operations.

Where is this apartment building located?

The property is located at 318 31st Avenue N Fargo, ND.

What is the asking price?

The asking price for this property is $879,000.

What are key features of this property?

This property features: 18 one‑bedroom apartment units; 18 dedicated garages, one for each apartment; Three separate laundry rooms, with one on each floor