1447 Patterson Loop, Fergus Falls, MN 56537

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Waterfront Present: No
Year Built: 1912
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 15000
For Sale or Lease: For Sale
Acres: 1.73
Lot Dimensions: 102000
Garage Stalls: 0

Property Features

Accessible: Other CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Other Exterior: Brick/Stone Foundation: Other Fuel: Natural Gas Heating: Zoned On Site Utilities: Electric Separate Parking Characteristics: Parking Lot Sewer: City Sewer - In Street Water: City Water - In Street

Contract Information

Contingency: None
ListPrice: 2400000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1447
Street Name: Patterson
Street Suffix: Loop
Postal City: Fergus Falls
County: Otter Tail
State: MN
Zip Code: 56537
Complex/Dev/Subdivision: Kirkbride Add

Assessments

Tax With Assessments: 1224
Assessment Balance: 0

Building Information

Building Finished SqFt: 32736

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 43
Section#: 27
Township#: 133

Sale Options

Sale Includes: Building

Unit Details

Total Units: 31

Office/Member Info

Association: FMR

Location, Tax and Other Information

Legal Description: SECT-27 TWP-133 RANGE-043 KIRKBRIDE ADDN PT LOT 1 BLK 5 LYING SWLY OF DESCRIBED LN COM MOST SLY COR LOT 1 N 46(DEGREES)E 299.73' TO BG N 43(DEGREES)W 132.42' N 9(DEGREES)E 33.88' TO NLY LN LOT 1 & TERM AKA TRACT C
Listing City: Fergus Falls
Map Page: 999
Municipality: Fergus Falls
School District: Fergus Falls
School District Phone: 218-998-0544
Zip Plus 4: 4489
Property ID Number: 71003991877001
Tax Year: 2025
Tax Amount: 1224
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 31-unit multifamily investment in Fergus Falls, MN. 1447 Patterson Loop offers 18 units; 1628 has 13 units. Originally built in 1920 and fully restored to the studs in 2017 using Historic Tax Credits. Upgrades include tuck-pointed brick, new wiring, plumbing, HVAC, roof, windows, flooring, kitchens, and more. This one-of-a-kind property blends historic charm with modern reliability.
Directions: North of I94. North of Hwy 210.

Accessible

Other: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes

Foundation

Other: Yes

Fuel

Natural Gas: Yes

Heating

Zoned: Yes

Parking Characteristics

Parking Lot: Yes

Sewer

City Sewer - In Street: Yes

Water

City Water - In Street: Yes

On Site Utilities

Electric Separate: Yes

CMU Style

Apartments/Multi Family: Yes

Current Use

Other: Yes