Residential Income
2026 NW 4th St Minot, ND 58703
New
For Sale
$283,900
MULTI_FAMILY - Minot, ND
Property Size3,024 SF
Price / SF$93.88
Days on Market1
Property Features for 2026 NW 4th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3B
- Bedrooms
- 9
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 9, Bedroom 8, Bedroom 2, Bathroom 1, Bedroom 6, Bedroom 5, Bedroom 7, Bathroom 2
- Appliances
- Refrigerator, Range/Oven
- Standard status
- Active
- Size
- 3,024 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3396
Utilities
- Heating system
- Natural Gas, Hot Water(Heating)
Building Details
- Year built
- 1959
- Number of units
- 4
Listing Agency:
Better Homes and Gardens Real Estate Watne Group
(701) 852-1156
Listed By:
MATT WATNE
(701) 852-1156
Added: Jul 23
Last Checked: Jul 23 at 8:06PM
MLS# 261235
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.
This residential income quadplex includes three 2-bedroom units and one 1-bedroom unit. On-site laundry is coin-operated for tenant use. The property also features garages that are described as newer than the main building, including a larger south garage with a side room.
The property is located conveniently near dining and schools, with quick access to MAFB.
As offered, the layout supports multiple unit tenancy within a single four-unit configuration, with on-site coin laundry and garage facilities for residents.
The property is located conveniently near dining and schools, with quick access to MAFB.
As offered, the layout supports multiple unit tenancy within a single four-unit configuration, with on-site coin laundry and garage facilities for residents.
Key Highlights
- Four‑unit property with three 2‑bedroom units and one 1‑bedroom unit
- Coin‑operated laundry on site
- Natural gas heating and hot water (heating)
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.8k | $10.20 |
| − Vacancy | −$2.3k | −$0.76 |
| EGI | $28.6k | $9.44 |
| − OpEx | −$8.6k | −$2.83 |
| NOI | $20.0k | $6.61 |
3,024 SF · lease $10.20/SF/yr · vacancy 7.41% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$285.6K
$249.9K – $333.2K
NOI $19,991 @ 7.0% cap · market cap 7.04%
Second Best
Apartment 5plus
$262.9K
$230.0K – $306.7K
NOI $18,402 @ 7.0% cap · market cap 6.48%
Theoretical Best
Office A
$406.0K
$355.3K – $473.7K
NOI $28,421 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Quadplex with three 2-bedroom units and one 1-bedroom unit, plus coin-operated laundry and newer garages.
Where is this quadplex located?
The property is located at 2026 NW 4th St Minot, ND.
What is the asking price?
The asking price for this property is $283,900.
What are key features of this property?
This property features: Four‑unit property with three 2‑bedroom units and one 1‑bedroom unit; Coin‑operated laundry on site; Natural gas heating and hot water (heating)
