23 8th Street S, Fargo, ND 58103 (MLS# 26-538)

23 8th Street S, Fargo, ND 58103

$2,100,000

Property Type: Commercial For Sale Lot Size (sq. ft.): 16,553 Status: Active

Current Price: $2,100,000 List Date: 8/20/2026 Last Modified: 8/21/2026

Overview

Description

Excellent investment opportunity in Downtown Fargo! Mixed-use property featuring 4 commercial spaces and 9 residential apartments, plus a separate private parking lot with 26 spaces. Strong existing income with additional upside through lease-up, increased rents and parking revenue. Great opportunity to own a diversified income-producing asset in Downtown Fargo.

Listing Details MLS# 26-538

Contract Information

Property Name: 17 + 21 8th St S Plus Parking Parcel
Begin Date: 2026-08-17
Auction YN: No
Price: 2100000
Owner/Agent: No

Location

Address #: 23
Street Name: 8th
Street Suffix: Street
Street Direction Sfx: S
County: Cass
State/Province: ND
Postal Code: 58103

General Tax Legal

Parcel No.: 01224001260000
Year Built: 1901
Lot Size (SF): 16553
Lot Acres: 0.38

Multi-Family Info

# Rental Units: 13

1 Bedroom Info

# of 1 Bedrooms: 9

More Information

Investment Prop Info

Income: 176221
Insurance: 12620
Management: 11494
Utilities: 9300
Maintenance: 8998
Total Expenses: 84801
Net Operating Income: 91419
APOD Available: Yes

Property Features

Type: Investment Property; Multi-Family Exterior: Brick Roof: Flat Foundation: Brick Heat System: Electric; Hot Water-Steam; Natural Gas Air Conditioning: Central; Electric; Wall

Documents

Flyer ›

Listing Office: Baumbach Real Estate LLC

Office Email: jory@baumbachrealestate.com

Last Updated: August - 21 - 2026

Information deemed reliable but not guaranteed.