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4-Unit Apartment Building

104 5th Avenue S, Wahpeton, ND 58075

For Sale
$265,900
Under Contract

Residential Income, Wahpeton, ND

Property Size3,608 SF
Lot Size0.23 Acres
Price / SF$73.70
Days on Market97

Property Features for 104 5th Avenue S

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential-Multi-Family
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 1, Bedroom 6, Bedroom 7, Bathroom 4, Bedroom 2, Bedroom 3, Bathroom 3, Bedroom 5, Laundry Room, Bathroom 2, Basement, Bathroom 5, Bedroom 8, Bedroom 4, Bathroom 1
Parking features Parking Lot
Subdivision Roots
Lot features Corner Lot
High school district Wahpeton
Directions From State Route 13 head south on 2nd St. S, turn left onto 5th Ave S to address. Last property on left side.
Standard status Active Under Contract
APN 50010113145000
Size 3,608 SF
Lot size 0.23 Acres

Additional Details

Individually Metered Utilities electricity

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1958

Utilities

Heating system Forced Air

Building Details

Year built 1950
Roof type Shingle
Listing Agency: Gallery of Homes
Listed By: April Strandberg
Added: Aug 10 Changed: Nov 11 Last Checked: Nov 14 at 12:06AM
MLS# 7123764

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 4-unit apartment property contains 3,608 square feet and was built in 1950. Forced-air heating serves the building, and a parking lot provides on-site parking. The property occupies a 0.233-acre corner parcel, with each apartment separately metered for electricity; occupants are responsible for their own electric service.

A river walking path and green space sit directly across from the property. Downtown Wahpeton is a few blocks away, with shopping, dining, and schools identified in the surrounding area.

Key Highlights

  • Four apartments in a 3,608‑square‑foot building
  • Each unit has a separate electric meter; occupants pay their own electricity
  • 0.233‑acre corner lot

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

544
Businesses Nearby

Demographics for 58075, ND

9,028
Population
4,251
Households
2.1
Avg Household Size
37
Median Age
24%
College-Educated
95%
High-School Grad
234.5 sq mi
ZIP Area
38
Density / Sq Mi
$64,161
Median Household Income
$34,352
Median Earnings
$756
Median Rent
$178,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Separate electric meters assign each apartment’s electricity use to its occupant.
Where is this quadplex located?
The property is located at 104 5th Avenue S Wahpeton, ND.
What is the asking price?
The asking price for this property is $265,900.
What are key features of this property?
This property features: Four apartments in a 3,608‑square‑foot building; Each unit has a separate electric meter; occupants pay their own electricity; 0.233‑acre corner lot
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