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North Fargo Apartment Complex + Single Family Home

Market Price

1258 10th St N, North River, ND 58102

Active
Last Updated: 10/10/2025

7,960 sqft

Building Size

0.1721 acres

Lot Area

Details:
Building Size:    7,960 sqft
Lot Area:    0.1721 acres
Units:    16
Year Built:    1930
Highlights:
  • Prime Location: Near NDSU, Sanford Health, VA, and Fargodome
  • Income Mix: 15 units plus single-family home
  • Midterm Potential: 4 furnished units with expansion opportunity
  • Value Add: 3-bed, 2-bath penthouse under construction
Description:

Exceptional investment opportunity featuring a 15-unit apartment building plus a single-family home in an outstanding location near North Dakota State University, Sanford Health, the Veterans Administration, and the Fargodome. Four units are fully furnished and currently leased as mid-term rentals, providing immediate income and flexibility.

The property offers strong upside through the expansion of additional mid-term and short-term rental strategies to maximize revenue. The upper-level three-bedroom, two-bath penthouse is under construction, creating an opportunity to further enhance income potential and overall property value. Ideal for investors seeking stable returns and long-term appreciation in a high-demand area.

Prime location near both North Dakota State University and Sanford Health. Just a short walk from campus and minutes from downtown, this area provides convenient access to restaurants, shops, and major transit routes. Ideal for medical, educational, or professional use seeking visibility and accessibility.

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Documents:
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Offering_Memorandum.pdf
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