2023 townhouse for sale at 502 8th Street S, Unit 5 in Fargo, ND — 3 bed, 4 bath (photo 1 of 50)

502 8th Street S, Unit 5, Fargo, ND 58103

3 Beds | 4 Baths | 1,992 Sq Ft | Townhouse | MLS# 6530134

Price Reduced — was $505,900 (↓ $6,000) · M Markdowns

$499,900

$3,564/month Estimated

Principal & interest
$2,528
Property taxes
$392
Home insurance (est.)
$292
Special assessments
$27 + pending
HOA dues
$325/mo

20% down ($99,980) · 30-yr fixed, 6.5% · Can I afford this home?

Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.

Fargo, ND Active

Located in northern Pacific, Fargo, ND.

About This Home

Beautiful Town home on Historic 8th Street ! Character, Charm, Mature Trees and one block from Island Park make this a wonderful place too call Home. 3 bedrooms, 4 bathrooms, main floor Patio, 2nd story Deck, heated 2 car garage w/floor drain, Laundry, all bedrooms have their own bathroom. This Town home over looks 8th street and has a Patio off of the main floor Family room/Bonus room. Easy access to everything Downtown, Restaurants, YMCA, Island Park, Broadway square. Brick and Metal exterior that blends into the neighborhood. Private garage and access to each Town home, lots of Natural light with Deep windows. Call and set up an appointment to tour, you will be glad you did, end of June completion.

BuyPulse · Live market read

How 502 8th Street S Compares to the Fargo Market

At $251/sqft, this home is priced at the typical Fargo new-construction townhome of $251/sqft.

New construction in Fargo runs about 83% above comparable resale homes (~$137/sqft).

The median list price in Fargo is $379,000.

Verdict: Fair Market Value

Your negotiating position

78 Strong buyer leverage

Seller's market · Balanced · Buyer leverage

Day 899 — Fargo homes overall typically go under contract by day ~72. This one is past that window.

5 similar homes for sale — alternatives if they won't move.

This builder already cut $6,000 — rare for new construction.

New build — builders rarely cut price. Your leverage is upgrades, rate buydowns, and closing costs.

Homes like this one — new-construction townhomes between $375K and $625K in Fargo:

  • The field: 5 similar Fargo homes for sale — a short list right now.
  • Price cuts: 2 of 5 similar homes have trimmed asking. This one already cut $6,000 — rare for a builder.
  • Too few have sold recently to chart how fast they go or how they close — BuyPulse won't estimate those off a thin sample.

Powered by the Realgorithm™ — real Fargo closings, zero guesses · NorthstarMLS

Key Features

Unit
5
Built
2023
Garage
2-Car Attached
Style
More Than 2 Stories
HOA
$325/Monthly
HOA Includes
Building Exterior, Lawn Care, Professional Mgmt, Snow Removal
Annual Taxes
$4,708 (2025)
Specials/yr
$321 + pending
School District
Fargo Public Schools
Assigned Elementary School
Clara Barton Hawthorne Elementary School
Assigned Middle School
Ben Franklin Middle School
Assigned High School
North High School

Property Details

Property Type
(TH) Side x Side
Above Grade Sq Ft
1,992
Lot Size
0.27 acres
Basement
Yes
Roof
Architectural Shingle, Metal
Construction
Brick, Concrete, Frame, Steel Siding
County
Cass
List Date
2024-05-05
Days on Market
899 days
Parcel ID
0124001000000

Financial

Total Tax incl. Assessments
$5,029
Specials Pending
Yes
HOA Name
tbd

Home Systems & Utilities

Heating
Fireplace(s)
Cooling
Central Air
Electric
200+ Amp Service
Water
City Water/Connected
Sewer
City Sewer/Connected
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer

Interior Features

Laundry
In Unit, Upper Level

Construction & Exterior

Construction & Structure

New Construction
Yes
Foundation Type
Slab
Foundation Area
4,056 sqft
Total Building Area
1,992 sqft

Exterior Features

Exterior Features
Stone, Steel Siding
Accessibility Features
Accessible Entrance

Parking & Garage

Parking Features
Attached Garage, Concrete, Floor Drain, Garage Door Opener, Heated Garage, Tuckunder Garage

Lot & Land

Lot Features
Corner Lot, Tree Coverage - Medium
Zoning Description
Residential-Multi-Family

Agent & Office

List Office
RE/MAX Legacy Realty

Price History

Listed at $499,900 on May 5, 2024 — No price changes

502 8th Street S, Unit 5 is listed in Fargo, ND, part of Cass County. Browse all North Dakota homes for sale on Modern Market REALTORS®.

Showing — 502 8th Street S, Unit 5

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Fargo real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

Listed by RE/MAX Legacy Realty · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 6530134 · Updated May 27, 2026

Similar Homes for Sale Near 502 8th Street S, Fargo, ND

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Frequently Asked Questions About 502 8th Street S, Unit 5

What schools is 502 8th Street S zoned to?
502 8th Street S is zoned to Clara Barton Hawthorne Elementary School (elementary), Ben Franklin Middle School (middle school), and North High School (high school). Attendance boundaries change — confirm your exact address with the district before you rely on it.
Is $499,900 a good price for a home in Fargo?
According to BuyPulse, 502 8th Street S rates Fair Market Value — at $251/sqft it's priced right at the typical Fargo new-construction townhome of $251/sqft. New construction in Fargo runs about 83% above comparable resale homes (~$137/sqft). Its negotiating-position score is 78/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Fargo homes are closing versus list. Powered by the Realgorithm™. Browse Fargo homes for sale to compare.
What are the special assessments at 502 8th Street S — and what do they mean?
This property has $321/yr in annual special assessments with additional specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Special assessments are common in newer North Dakota developments and typically run 5 to 25 years. Annual property taxes are $4,708/yr. Always factor both into your total monthly housing cost before making an offer.

What special assessments cost in Fargo — live figures on every home for sale.

Does 502 8th Street S have a basement?
Yes, 502 8th Street S has a basement.
Does 502 8th Street S have an HOA?
Yes, 502 8th Street S has a homeowners association with dues of $325 monthly. HOA includes: Building Exterior, Lawn Care, Professional Mgmt, Snow Removal.
What type of heating and cooling does 502 8th Street S have?
502 8th Street S has Fireplace(s) heating and Central Air cooling.
Where is 502 8th Street S located?
502 8th Street S is in the Northern Pacific neighborhood of Fargo, ND 58103, in Cass County. It's in the Fargo Public Schools.
Is 502 8th Street S still available?
Yes — 502 8th Street S is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 502 8th Street S built?
502 8th Street S was built in 2023 by JN Contracting. It features brick, concrete, frame, steel siding construction and a slab foundation. See more homes by JN Contracting →
Does 502 8th Street S have main-floor laundry?
No — the laundry at 502 8th Street S is on the upper level.
What utilities serve 502 8th Street S?
Electric and gas at 502 8th Street S are provided by Xcel Energy and Cass County Electric Cooperative. Water, sewer, and garbage are handled by City of Fargo Utilities. Internet options include Midco, Sparklight, CenturyLink and 702 Communications. Full Fargo utility setup guide — phone numbers and move-in timeline →
Is 502 8th Street S near a golf course?
Yes — Fargo Country Club (private course) is about 1.8 miles from 502 8th Street S. It's the closest golf course in the Fargo-Moorhead metro.
How walkable is 502 8th Street S?
502 8th Street S has a Walk Score of 70/100 (Very Walkable), a Bike Score of 64/100 (Somewhat Bikeable) and a Transit Score of 39/100 (Minimal Transit). Scores provided by Walk Score® →
How many homes like 502 8th Street S are for sale in Fargo?
5 similar homes (new-construction townhomes between $375K and $625K in Fargo) are for sale right now — a short list right now.
What does "M Markdowns" mean?
M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
What does "BuyPulse" mean?
BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
What does "Realgorithm™" mean?
The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.

Local Companies to Help You Settle In

From inspection to closing to moving day, here are well-known local companies serving the Fargo area.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

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