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Apartment Building with Rubber Roof
For Sale
$725,000

2001 SE 8th Ave, Minot, ND 58701

COMMERCIAL/INDUSTRIAL, Minot, ND

Property Size10,987 SF
Lot Size0.43 Acres
Price / SF$65.99
Days on Market94

Property Features for 2001 SE 8th Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning C2
Interior features Handicap Access, Private Restrooms
Accessibility Accessible Approach with Ramp
Subdivision SE
Standard status Active
APN MI194650200020
Size 10,987 SF
Lot size 0.43 Acres

Taxes and HOA fees

Tax Year 2024

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

high speed internet

Building Details

Year built 1959
Number of units 11
Listing Agency: Better Homes and Gardens Real Estate Watne Group
Listed By: BECKY BERTSCH
Added: May 28 Changed: Aug 19 Last Checked: Aug 29 at 12:06AM
MLS# 260443

Copyright © 2026 Minot Board of REALTORS. 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.

Apartment buildings investment opportunity in Minot with 11 units and 100% occupancy supported by long-term tenants. The building includes six bathrooms total, with four within specific units and two shared in the hallway. Heating is forced air, and cooling is central air. Accessibility features include an accessible approach with a ramp, and interior accommodations include handicap access and private restrooms.

Recent property updates include a brand new rubber roof, exterior and interior wall improvements, new flooring, newer plumbing, newer electrical wiring, and high-speed internet additions. The building also has newer water heaters and furnaces.

The property is on a 0.43-acre lot with 10,987 square feet of building area and a 600 SF basement under the house portion. The property was built in 1959 and is zoned C2.

Key Highlights

  • 100% occupied with long‑term tenants across 11 units
  • 8.6% cap rate
  • Brand new rubber roof plus exterior and interior walls, flooring, newer plumbing and electrical wiring

Property Analytics

Current Use

Focused Beam Engraving ... Marketing & Advertising Rosenquist & Arnason Pllp Law Firm Sabre Dogs HQ Corporate Office The Purple Door Metaphysical Supply Store Doggie Doo/ Clean ... Landscaping

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Hair Salon Spa & Massage Center Restaurant Nail Salon

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

Location Intelligence

Trade Area within ½ mile

226
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 11-unit apartment building in C2 zoning featuring central air and handicap access with an accessible ramp.
Where is this apartment building located?
The property is located at 2001 SE 8th Ave Minot, ND.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 100% occupied with long‑term tenants across 11 units; 8.6% cap rate; Brand new rubber roof plus exterior and interior walls, flooring, newer plumbing and electrical wiring
More about this property
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