47-Unit Apartment
For Sale
Contact for pricing
151 Central Avenue South, Valley City, ND 58072
Refurbished apartment property with a three-story atrium, elevator, community room, and shared laundry facilities.
Property Size43,956 SF
Days on Market123
Property Features for 151 Central Avenue South
General Information
Standard status
Active
Size
43,956 SF
Elevators
Yes
Property subtype
Multifamily
Zoning
B-1
Units
Unit Mix
46 x 1BR/1BA, 1 x efficiency
Multifamily Units
47
Additional Details
Opportunity Zone
Yes
Amenities
community room
community laundry room
3-story atrium
mini-split air conditioning
Building Details
Year Built
1909
Year Renovated
1980
Units
47
Listing Agency:
Ivy Real Estate Group
(701) 840-0038
Listed By:
Loni Trapp · License #ND 9430
Source:
Crexi
Added: Apr 30
Changed: Aug 30
Last Checked: Aug 30 at 4:34AM
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 Ivy Real Estate Group
Investment Insights
Based on property information with market context.
This 47-unit apartment building occupies 43,956 square feet at 151 Central Avenue South in downtown Valley City. Constructed in 1909 as a hotel, the property was refurbished in the 1980s and now contains 46 one-bedroom, one-bath apartments plus one efficiency unit. Interior amenities include a three-story atrium, community room, and shared laundry room. Each residence is equipped with a mini-split air-conditioning system, while an elevator and accessible ramp serve the building.
The property is currently over 93% occupied, including 26 units leased to residents with housing vouchers from the local housing authority, which contributes toward rent based on household income. The building is located within an Opportunity Zone and carries B-1 zoning.
The property is currently over 93% occupied, including 26 units leased to residents with housing vouchers from the local housing authority, which contributes toward rent based on household income. The building is located within an Opportunity Zone and carries B-1 zoning.
Key Highlights
- 47 units: 46 one‑bedroom/one‑bath apartments and 1 efficiency unit
- 43,956 SF building constructed in 1909 and refurbished in the 1980s
- Currently over 93% occupied
Property Analytics
Property Profile
Current Use
Lease Details
47
Residential units
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
Explore this area
Business Placement
Demographics for 58072, ND
7,999
Population
3,970
Households
2
Avg Household Size
43
Median Age
32%
College-Educated
96%
High-School Grad
327.6 sq mi
ZIP Area
24
Density / Sq Mi
$66,603
Median Household Income
$38,097
Median Earnings
$792
Median Rent
$170,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Refurbished apartment property with a three-story atrium, elevator, community room, and shared laundry facilities.
Where is this apartment building located?
The property is located at 151 Central Avenue South Valley City, ND.
What are key features of this property?
This property features: 47 units: 46 one‑bedroom/one‑bath apartments and 1 efficiency unit; 43,956 SF building constructed in 1909 and refurbished in the 1980s; Currently over 93% occupied
