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Quadplex with Main-Level Commercial Space
For Sale
$39,900

126 Main Street, Lakota, ND 58344

Residential Income, Lakota, ND

Property Size12,000 SF
Lot Size0.14 Acres
Price / SF$3.33
Days on Market216

Property Features for 126 Main Street

General Information

Property type Residential Multi Family
Property subtype Apartment
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 7, Bathroom 1, Basement, Bathroom 4, Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 1, Bedroom 8
Exterior features Brick/Stone
Subdivision Lakota
High school district Lakota
Directions North on Main St
Standard status Active
APN 15000123082000
Size 12,000 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 899

Utilities

Heating system Baseboard, Forced Air

Building Details

Year built 1950
Listing Agency: National Realty Guild
Listed By: Ryan R. Moe
Added: Jan 26 Changed: Aug 27 Last Checked: Aug 30 at 4:06AM
MLS# 7013210

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.

Investment Insights

Based on property information with market context.

This 12,000-square-foot quadplex was built in 1950 and sits on a 0.1377-acre lot. The property includes four residential units described as nearly ready for rent, along with the possibility of creating three additional units. Commercial space is also identified on the main level. Brick or stone exterior construction is reported, with forced-air and baseboard heating systems listed.

The property is located at 126 Main Street in Lakota, North Dakota, within Nelson County. It is offered in as-is condition. Utilities have not been turned on, tested, or inspected, so their operating status remains unverified.

Key Highlights

  • 12,000 square feet on a 0.1377‑acre lot
  • Four residential units almost ready for rent
  • Potential for three additional units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Electrical Service Building Supply Plumbing Service Auto Parts Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

123
Businesses Nearby

Demographics for 58344, ND

895
Population
490
Households
1.8
Avg Household Size
51
Median Age
20%
College-Educated
93%
High-School Grad
207.7 sq mi
ZIP Area
4
Density / Sq Mi
$64,141
Median Household Income
$47,031
Median Earnings
$616
Median Rent
$126,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units are almost ready for rent, with three additional units identified as possible.
Where is this quadplex located?
The property is located at 126 Main Street Lakota, ND.
What is the asking price?
The asking price for this property is $39,900.
What are key features of this property?
This property features: 12,000 square feet on a 0.1377‑acre lot; Four residential units almost ready for rent; Potential for three additional units
More about this property
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