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    Grand Forks, ND Apartment Buildings for Sale

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    East Grand Forks, MN Emerado, ND Crookston, MN
    Historic Mixed-Use Grand Forks Property
    Updated: Mar 6
    Historic Mixed-Use Grand Forks Property

    22 S 3rd St, Grand Forks, ND 58201

    $1,400,000
    13,520 sqft
    100% Leased: Provides immediate income and investment return.
    Strategic Downtown Grand Forks Location: Offers high visibility and accessibility.
    13,520 SF Building with Residential and Restaurant Space: Provides diversified income streams.
    Renovated in 2019: Combines historic charm with modern amenities.
    Historic Property Built in 1910: Offers unique character and appeal.
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    This listing looks promising.

    Here's a quick look at some key insights for

    22 S 3rd St, Grand Forks, ND 58201

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    • Est. Cap Rate

      7.5%
      Above avg (5.9%)

    • Est. NOI

      $104K
      Annual

    • Mortgage

      $1M
      Jul 2019

    • Property Type

      Commercial (General)
      Built 1910
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    Grand Forks Multifamily Investment Opportunity
    Updated: Mar 6
    Grand Forks Multifamily Investment Opportunity

    2212 12th Ave N, Grand Forks, ND 58201

    $889,000
    13,344 sqft
    Proven track record of steady rental income.
    24 well‑maintained units.
    Located near the University of North Dakota, a hub for potential tenants.
    13,344 SF multifamily property.
    Ideal for low‑rise/garden investment.
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    Grand Forks Apartment Complex
    Grand Forks Apartment Complex

    715 N 40th St, Grand Forks, ND 58203

    $3,900,000

    83-unit apartment complex near University of North Dakota campus.

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    Grand Forks 10-Plex Near UND
    Grand Forks 10-Plex Near UND

    1225 Stanford Rd, Grand Forks, ND 58203

    $340,000

    10-unit apartment building near the University of North Dakota.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 4 Active listings in Grand Forks, ND, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multifamily Property in Thief River
    Multifamily Property in Thief River

    624 Kinney Ave, Thief River Falls, MN 56701

    $1,080,000

    24-unit multifamily property with development potential in Thief River Falls.

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    Five-Unit Apartment Building with Garage
    Five-Unit Apartment Building with Garage

    1205 4th St N, Fargo, ND 58102

    $375,000

    Character-rich five-unit property with a four-stall garage and shared coin-operated laundry, currently fully leased.

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    Downtown Fargo Legion Building For Sale
    Downtown Fargo Legion Building For Sale

    505 3 Ave N, Fargo, ND

    $900,000
    22,642 sqft 0.48 AC lot

    Former Legion Building in downtown Fargo, across from RDO Tower.

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    Thief River Falls Apartment Building
    Thief River Falls Apartment Building

    15244 Douglas Avenue, Thief River Falls, MN 56701

    $450,000
    3,936 sqft

    Ten-unit apartment building with additional land available in Thief River Falls.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

    View details
    Norman Land For Luxury Condos
    Norman Land For Luxury Condos

    801 NW 36th Avenue, Norman, OK 73072

    $285,000
    0.74 AC lot

    Prime Norman land suitable for luxury condos development.

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    Buildable Lot for Luxury Condos
    Buildable Lot for Luxury Condos

    801 36th Ave NW, Norman, OK 73072

    $285,000
    0.74 AC lot

    0.74 acre buildable lot zoned for low-density apartments.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details

    Off-Market Properties in Grand Forks, ND

    Consider similar Off-Market properties in Grand Forks, ND. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    110 Cherry St
    APARTMENT HOUSE (5+ UNITS)

    110 Cherry St, Grand Forks, ND 58201-4549

    Value Estimation by Request
    57,540 sqft 2.81 AC lot
    View details
    710 4th S Ave
    APARTMENT HOUSE (5+ UNITS)

    710 4th S Ave, Grand Forks, ND 58201-4552

    Value Estimation by Request
    35,904 sqft 2.26 AC lot
    View details
    418 6th St
    APARTMENT HOUSE (5+ UNITS)

    418 6th St, Grand Forks, ND 58203

    Value Estimation by Request
    18,378 sqft 0.64 AC lot
    View details
    3350 Cherry St
    APARTMENT HOUSE (5+ UNITS)

    3350 Cherry St, Grand Forks, ND 58201-7605

    Value Estimation by Request
    26,717 sqft 1.37 AC lot
    View details
    4812 6th N Ave
    APARTMENT HOUSE (5+ UNITS)

    4812 6th N Ave, Grand Forks, ND 58203-2666

    Value Estimation by Request
    3,584 sqft 0.21 AC lot
    View details
    2500 14th S Ave
    APARTMENT HOUSE (5+ UNITS)

    2500 14th S Ave, Grand Forks, ND 58201-5214

    Value Estimation by Request
    8,786 sqft 0.62 AC lot
    View details
    3725 University Ave
    APARTMENT HOUSE (5+ UNITS)

    3725 University Ave, Grand Forks, ND 58203-0523

    Value Estimation by Request
    18,531 sqft 0.29 AC lot
    View details
    519 University Ave
    APARTMENT HOUSE (5+ UNITS)

    519 University Ave, Grand Forks, ND 58203-3554

    Value Estimation by Request
    9,228 sqft 0.24 AC lot
    View details
    813 Lewis Blvd
    APARTMENT HOUSE (5+ UNITS)

    813 Lewis Blvd, Grand Forks, ND 58203-2424

    Value Estimation by Request
    44,469 sqft 2.20 AC lot
    View details
    3106 5th N Ave
    APARTMENT HOUSE (5+ UNITS)

    3106 5th N Ave, Grand Forks, ND 58203-2813

    Value Estimation by Request
    1,975 sqft 0.29 AC lot
    View details
    810 4th S Ave
    APARTMENT HOUSE (5+ UNITS)

    810 4th S Ave, Grand Forks, ND 58201-4561

    Value Estimation by Request
    60,847 sqft 3.85 AC lot
    View details
    1639 24th S Ave
    APARTMENT HOUSE (5+ UNITS)

    1639 24th S Ave, Grand Forks, ND 58201-6746

    Value Estimation by Request
    37,968 sqft 2.51 AC lot
    View details
    1118 22nd S Ave
    APARTMENT HOUSE (5+ UNITS)

    1118 22nd S Ave, Grand Forks, ND 58201-6914

    Value Estimation by Request
    4,514 sqft 0.23 AC lot
    View details
    1110 22nd S Ave
    APARTMENT HOUSE (5+ UNITS)

    1110 22nd S Ave, Grand Forks, ND 58201-6910

    Value Estimation by Request
    4,514 sqft 0.20 AC lot
    View details
    1114 22nd S Ave
    APARTMENT HOUSE (5+ UNITS)

    1114 22nd S Ave, Grand Forks, ND 58201-6912

    Value Estimation by Request
    4,514 sqft 0.20 AC lot
    View details

    Grand Forks, ND Apartment Buildings Market Trends and Statistics

    Explore 19 apartment buildings for sale in Grand Forks, ND, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 26,864 square feet of properties for sale, with an estimated market value of $2,289,000.

    Sale prices for two-family homes in Grand Forks, ND start at $889,000, averaging $1,144,500, and reaching up to $1,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 63K
    Population Growth (5Y) +2.5%
    Median Household Income $64,438
    College Educated 37.6%

    High-Yield Neighborhoods for Investment

    Identify Grand Forks submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    58201 $1.1M
    58203 $2.1M

    Taxes & Financing

    Tax Rate (average for all types) 3.74%
    Property Tax per SF $35.85 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Grand Forks fall within the 50,000 to 100,000 square foot range.

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