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Updated 11-Unit One-Bedroom Building
For Sale
Contact for pricing
Pending

13 1st St SE, Minot, ND 58701

Apartment building with 11 one-bedroom units plus a full basement featuring rentable storage with alley access.

Property SizeContact for details
Days on Market149

Property Features for 13 1st St SE

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 11

Amenities

camera system
LED lighting
storage units

Building Details

Tenancy Multi
Listing Agency: Century 21 Action Realtors
Listed By: Lori Knutson · License #ND
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Sep 7 at 4:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Action Realtors

Investment Insights

Based on property information with market context.

This for-sale multifamily property includes 11 one-bedroom apartments and a full basement with rentable storage units that have alley access and potential for additional finishing. All units are supported by one-year leases. Tenant responsibilities include electric, cable, and internet, while the owner pays heat, water, garbage, and electrical for common areas. Small pets are allowed with an added monthly fee.

Recent updates are described throughout the building, including a roof repair, new upstairs windows, updated main and rear entrances, LED lighting with new fixtures in common areas and apartments, and a camera system. Interior improvements include painting in some apartments.

Key Highlights

  • Downtown apartment building with 11 one‑bedroom units plus a full basement with rentable storage units that have alley access
  • Current lease structure: all units have one‑year leases
  • Storage and unit rentals include listed tenant charges (1 person $350/month, 2 people $450/month; small pets allowed for $25/month extra)

Property Analytics

Current Use

KIM Apartment Building

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Food Market HVAC Service Storage Facility Garden Center

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

11
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,634
Businesses Nearby

Demographics for 58701, ND

32,517
Population
16,267
Households
2
Avg Household Size
37
Median Age
28%
College-Educated
95%
High-School Grad
235.6 sq mi
ZIP Area
138
Density / Sq Mi
$75,329
Median Household Income
$46,695
Median Earnings
$875
Median Rent
$270,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Apartment building with 11 one-bedroom units plus a full basement featuring rentable storage with alley access.
Where is this apartment building located?
The property is located at 13 1st St SE Minot, ND.
What are key features of this property?
This property features: Downtown apartment building with 11 one‑bedroom units plus a full basement with rentable storage units that have alley access; Current lease structure: all units have one‑year leases; Storage and unit rentals include listed tenant charges (1 person $350/month, 2 people $450/month; small pets allowed for $25/month extra)
More about this property
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