Date
Details
Price
Change
Source
3/03/2026
Listed
$345,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$345,000 Contingent
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Property Description
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
Full Property Details
Full Property Details for 727 3rd St N
General
- Price: $345,000
- Taxes: $5,547 (2024)
- Status: Contingent
- Type: Multi-Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7027590
- Updated: 4/9/2026
- Added to Site: 51 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Common Area, Common Area
Parking
- Parking Features: Parking Lot
Location
- County: Cass
- Township: Fargo
- Subdivision: Lindsays
- Driving Directions: From Broadway in downtown Fargo, head north toward 8th Ave N, turn left (west) onto 8th Ave N, then turn left (south) onto 3rd St N; 727 3rd St N will be on the right.
School Information
- School District: 469 - Fargo
- High School District: Fargo
- High School: Fargo North
Heating & Cooling
- Heating Type: Baseboard
- Heating Fuel: Electric
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Basement: Yes
- Basement Desc.: Block
- Foundation Size: 1241
- Disability Access: None
- Square Feet: 3,187
- Above Ground: 2,659 Sq. Ft.
- Below Ground: 1,241 Sq. Ft.
- Finished Down/Base.: 3,900 Sq. Ft.
- Year Built: 1902
Unit Information
- Units w/Refrigerators: 5
Lot Features
- Lot Size (Acres): 0.135
- Lot Dimensions: 42 x 140
- Zoning: Residential-Multi-Family
Financial Considerations
- Operating Expenses: $21,738
- Tax Amount: $5,547
- Tax Year: 2024
- Owner Pays: Common Area Maintenance, Grounds Care, Snow Removal, Trash Collection
- Tenant Pays: Electricity
- Pays Electric: Tenant Pays
- Pays Trash: Owner Pays
Disclosures and Reports
- Legal Description: LINDSAYS ADDN LT 7 BLK 1
- Property ID: 1176000071000
Listed by Raboin Realty
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— 727 3rd St N —
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NMLS#: 1598647
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Price & Sales History for 727 3rd St N
Tax History
Tax History for 727 3rd St N
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,586
1%
$157,350
2%
2024
$5,547
4%
$154,050
4%
2023
$5,310
9%
$147,450
15%
2022
$4,855
1%
$128,600
1%
2021
$4,798
1%
$127,500
—
2020
$4,745
-2%
$127,500
-1%
2019
$4,834
—
$129,000
-2%
2018
$4,825
17%
$131,400
19%
2017
$4,118
10%
$110,150
7%
2016
$3,729
8%
$102,550
22%
2015
$3,462
3%
$84,400
9%
2014
$3,357
—
$77,650
2%
2013
$3,368
—
$76,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 727 3rd St N
727 3rd Street N, Fargo, ND 58102 (MLS# 7027590) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 727 3rd Street N is currently listed for $345,000 and was received on March 03, 2026. Want to learn more about 727 3rd Street N? Do you have questions about finding other Multi-Family real estate for sale in Fargo? You can browse all Fargo real estate or contact a Coldwell Banker agent to request more information.