727 3rd Street N, Fargo, ND 58102
Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
Listed by: tara fontaine
Office: raboin realty
MLS#:7027590
Source:ND_FMAAR
Price summary
- Price:$345,000
- Price per sq. ft.:$88.46
About this home
This 5-unit property represents a perfectly balanced "hybrid" investment, engineered for both stability and high yield performance. By diversifying the tenant base, the property captures the best of both worlds: three long-term units provide a reliable, steady foundation of monthly income that covers operating expenses and debt service, while two units are dedicated to the short-term rental market. These STR units capitalize on peak seasonal rates and travel demand, significantly boosting the property’s gross income and driving an oversized cash-on-cash return that far outpaces traditional multi-family assets.
For the savvy investor, this complex is a turnkey & cash flowing that pairs the security of a classic apartment building with the upside of the hospitality industry. Basement has finished storage units ready to use for extra income plus a basement studio apartment currently used for storage. **24 hour notice required for all showings.
Owner/agent
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Home facts
- Year built:1902
- Listing ID #:7027590
- Added:70 day(s) ago
- Updated:May 11, 2026 at 03:05 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Living area:3,900 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1902
- Building area:3,900 sq. ft.
- Lot area:0.13 Acres
Schools
- High school:Fargo North
Utilities
- Water:City Water/Connected
- Sewer:City Sewer/Connected
Finances and disclosures
- Price:$345,000
- Price per sq. ft.:$88.46
- Tax amount:$5,547
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