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218-831-5054 jill@jillmacnamara.com
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218-831-5054
jill@jillmacnamara.com
MLS# 7033354 - 1219 10th Avenue N Fargo, ND 58102
8% CAP RATE | 11-Unit Multifamily | Proven Rental History | Immediate Cash Flow Investors looking for a straightforward, cash-flowing multifamily asset should take a closer look at this 11-unit property located just minutes from NDSU in North Fargo. Offered at an 8% cap rate, this property provides immediate income with a proven rental history and a manageable operating profile. The property features a strong mix of studio, one-bedroom, and two-bedroom units, creating a diversified tenant base that appeals to students, young professionals, and workforce renters. With leases in place and consistent rental demand, investors can step into an established operation without taking on a heavy repositioning or value-add project. The appeal here is simplicity: a low-stress, easy-to-maintain property designed to produce cash flow from day one. For investors who prefer a stabilized asset over a renovation-heavy project, this is an opportunity to acquire an income-producing property in a proven North Fargo rental location. Situated near North Dakota State University, downtown Fargo, major employment centers, and public transportation routes, the property benefits from convenient access to many of the area's key amenities and employment drivers. Whether you're adding to an existing portfolio or looking for a manageable multifamily investment, this property offers an attractive combination of an 8% cap rate, immediate cash flow, established rental history, and long-term investment potential.

RE/MAX Legacy Realty is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Jill Macnamara is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Jill Macnamara, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at .
Equal Housing Opportunity.

8% CAP RATE | 11-Unit Multifamily | Proven Rental History | Immediate Cash Flow Investors looking for a straightforward, cash-flowing multifamily asset should take a closer look at this 11-unit property located just minutes from NDSU in North Fargo. Offered at an 8% cap rate, this property provides immediate income with a proven rental history and a manageable operating profile. The property features a strong mix of studio, one-bedroom, and two-bedroom units, creating a diversified tenant base that appeals to students, young professionals, and workforce renters. With leases in place and consistent rental demand, investors can step into an established operation without taking on a heavy repositioning or value-add project. The appeal here is simplicity: a low-stress, easy-to-maintain property designed to produce cash flow from day one. For investors who prefer a stabilized asset over a renovation-heavy project, this is an opportunity to acquire an income-producing property in a proven North Fargo rental location. Situated near North Dakota State University, downtown Fargo, major employment centers, and public transportation routes, the property benefits from convenient access to many of the area's key amenities and employment drivers. Whether you're adding to an existing portfolio or looking for a manageable multifamily investment, this property offers an attractive combination of an 8% cap rate, immediate cash flow, established rental history, and long-term investment potential.

RE/MAX Legacy Realty is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Jill Macnamara is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Jill Macnamara, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at .
Equal Housing Opportunity.