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Minot, ND Apartment Buildings for Sale

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Iconic Redevelopment Opportunity in Minot
Updated: Mar 25
Iconic Redevelopment Opportunity in Minot

123 1st Street Southwest, Minot, ND 58701

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86,064 sqft
Iconic eight‑story building, the highest point in the city's skyline.
Redevelopment ready; primed for redevelopment.
Demolished to shell condition.
Public parking structures to the North & South.
Falls under Downtown Facade Improvement Plan.
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Updated Mixed-Use Building with Spa
Updated: Jun 1
Updated Mixed-Use Building with Spa

13 2nd Ave SE, Minot, ND 58701

$675,000
Mixed‑use commercial property built in 1916 with eight apartment units and a main‑floor commercial space
Main‑floor commercial space leased to a medical spa on a four‑year lease (business not for sale)
Upper level has 8 apartments: 4 fully renovated and occupied, and 4 under renovation with updated electrical and plumbing
All eight apartment units have new mini‑split air conditioning systems; commercial space has central air and the property has hot water heat
Additional property updates include updated electrical, updated plumbing to the city connection, repaired roofing, and individual apartment meters
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See hot listings in Minot

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Minot, ND, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

18-Unit Apartment Building Portfolio
18-Unit Apartment Building Portfolio

611615 611-615 N 6th St, Bismarck, ND 58501

$1,500,000
9,574 sqft

Two adjacent buildings provide primarily one-bedroom apartments with a detached garage and established central Bismarck location.

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Six-Unit Apartment Building
Six-Unit Apartment Building

1009 2nd St NW, Mandan, ND 58554

$385,000
4,518 sqft

Multifamily property with mixed one- and two-bedroom units, individual climate control, and coin-operated laundry.

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70-Unit Apartment Portfolio
70-Unit Apartment Portfolio

123 Confidential Listing Located, In East Central North Dakota, Bismarck, ND 58501

$3,000,000

Confidential apartment portfolio offered for sale with agent-directed financial review.

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Mixed-Use Property on Main Street
Mixed-Use Property on Main Street

318-320 W Main St, Mandan, ND

Contact for pricing
12,575 sqft 0.15 AC lot

Mixed-use property featuring office, retail, and apartment spaces.

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Minot, ND Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Minot, ND on our real estate platform. These investment opportunities span a total of 86,064 square feet of properties for sale, with an estimated market value of $675,000.

Sale prices for two-family homes in Minot, ND average $675,000 — 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 61K
Population Growth (5Y) -11.4%
Median Household Income $77,440
College Educated 45.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
58701 $675K

Taxes & Financing

Tax Rate (average for all types) 3.54%
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ward County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Minot fall within the 100,000+ square foot range.

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