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517 W Cavour Avenue

Fergus Falls, MN 56537

– beds
– baths
1,992 sqft
$60 per sqft
1890 build
– on site

Investor alert! This cash-flowing triplex in the heart of town is a rare find, exceeding the 1% rule with room to grow! Unit 1 is a spacious 2-bed, 1-bath on the main floor, while Units 2 and 3 are 1-bed, 1-bath upstairs. Shared laundry in the basement adds convenience for tenants. Rents are below market, and with all utilities (except electric) included in rent, there’s an opportunity to boost income. Prime location near schools and shops ensures strong rental demand. Don’t miss this chance to add a high-performing asset to your portfolio!

Listing courtesy of NORTHSTAR / Lee Haecherl / Central MN Realty LLC

Last checked: Checking… • Last updated Feb 12, 2025 •

MLS# 6658472 —

The Building

Year Built:

1890
New Construction:

false
Age Of Property:

135
Construction Materials:

Wood Siding
Construction Materials Desc:

Concrete
Roof:

Age Over 8 Years
Accessibility Features:

None
Levels:

One and One Half
Main Level Finished Area:

1202.0000
Basement:

Owner Access, Concrete, Storage Space
Basement:

true
Foundation Area:

1148
Foundation Dimensions:

50x21
Building Area Total:

1992
Above Grade Finished Area:

1992

Room Dimensions

Living Area:

1992

Location

Directions:

From the freeway head east on Viking Trail. Turn north on N Broadway. Turn east on W Cavour Ave. Property will be on the right.
Latitude:

46.284227
Longitude:

-96.082264

The Property

Parcel Number:

71003990920000
Property Type:

Residential Income
Property Subtype:

Triplex
Additional Parcels:

false
Lot Size Area:

0.16
Lot Size Dimensions:

50x142
Lot Size Units:

Acres
Road Frontage Type:

City Street
Road Responsibility:

Public Maintained Road
Fencing:

None
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

2538
Tax With Assessments:

2538.0000

Heating & Cooling

Heating:

Forced Air

Utilities

Electric:

Circuit Breakers
Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Three

Schools

High School District:

Fergus Falls

The Community

Subdivision Name:

Mclanes Add
Assessment Pending:

No

Parking

Parking Features:

Gravel

Extra Units

# of Units Total:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
2/11/25 Feb 11, 2025	Listed / Active	NORTHSTAR	$119,900	26.2% (7.9% / YR)
10/18/21 Oct 18, 2021		NORTHSTAR	$95,000	-9.5%
9/10/21 Sep 10, 2021		NORTHSTAR	$105,000

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This multifamily located in Fergus Falls, MN 56537 is currently for sale for $119,900. 517 W Cavour Avenue is a 1,992 square foot multifamily with – beds and – baths that has been on Estately for 0 days. This multifamily is in the attendance area of Kennedy High School, Lincoln School, Kennedy Middle School, Mckinley School, Cleveland School, and Adams School.

Listing Courtesy of: NORTHSTAR and Central MN Realty LLC.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.