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36-Unit Apartment Building
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261 TENTH ST SE, Valley City, ND 58072

Built in 2017, the property offers in-unit laundry and a patio or balcony for every residence.

Property Size39,600 SF
Days on Market123

Property Features for 261 TENTH ST SE

General Information

Standard status Active
Size 39,600 SF
Property subtype Multifamily
Zoning R-4
Occupancy 88%

Building Details

Year Built 2017
Listing Agency: Ivy Real Estate Group
Listed By: Loni Trapp · License #ND 9430
Source: Crexi
Added: Apr 30 Changed: Aug 30 Last Checked: Aug 30 at 3:58AM

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 36-unit apartment property contains 39,600 square feet and was built in 2017. Each residence includes in-unit laundry, along with a patio or balcony. Electric baseboard heating and air conditioning are separately controlled within each unit, supporting independent operation for residents. The property is zoned R-4 and reports occupancy above 90 percent.

Located in Valley City, the property provides access to I-94 and sits 60 miles west of Fargo and 120 miles east of Bismarck. Valley City State University has a student population exceeding 1,800, and area employers include John Deere Seeding Group, Eagle Creek, SMP Health, Sanford Health, and Valley City State University.

Key Highlights

  • 36‑unit apartment property with 39,600 square feet
  • Built in 2017 and zoned R‑4
  • Occupancy reported at over 90%

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Storage Facility Skin Care Clinic Law Firm (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

149
Businesses Nearby

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

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 - Built in 2017, the property offers in-unit laundry and a patio or balcony for every residence.
Where is this apartment building located?
The property is located at 261 TENTH ST SE Valley City, ND.
What are key features of this property?
This property features: 36‑unit apartment property with 39,600 square feet; Built in 2017 and zoned R‑4; Occupancy reported at over 90%
(701) 840-0038 Call to check price and availability
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