Four-Story Apartment
316 4th St NW East Grand Forks, MN 56721
New
316 4th St NW, East Grand Forks, MN, 56721
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For Sale
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Pending
Four-story multifamily property with 39 rental units, 6,500 sf of main-level commercial space, and detached garages.
Lot Size1.31 Acres
Days on Market3
Property Features for 316 4th St NW
General Information
- Standard status
- Pending
- Lot size
- 1.31 Acres
- Property subtype
- Multifamily, Retail
Listing agency
Dakota Commercial Dakota Commercial Main Office
(701) 772-3101
Listed by
Kevin Ritterman · License #ND 2001
Source
Crexi
Added: Jul 21 Updated: Jul 23 at 6:31AM Checked: Jul 23 at 6:31AM
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Investment Insights
Based on property information with market context.
The subject property is a four-story wood-frame apartment building on an approximately 1.31-acre site, containing a total of 39 residential rental units. Unit mix includes 1-, 2-, and 3-bedroom layouts, and each unit is provided with a stove, refrigerator, microwave, dishwasher, washer, and dryer, along with a balcony. The building was constructed in 2013 and features gypcrete floors, steel siding, pitched asphalt roofing, maintenance-free windows, and an elevator. Common entries are secured, with mail areas provided on-site. The property also includes 6,500 square feet of commercial space on the main level and 10 single-story detached garage structures.
On-site parking improvements include 47 exterior surfaced parking spaces plus 10 garage units. Heating is electric baseboard and is paid by the tenant, while cooling is provided by individual wall air conditioning units with one unit per apartment. Domestic hot water, water, and sewer are supplied and paid by the property at no additional cost to residents. Residential units are separately metered with electrical service tenant responsibility.
Interior finishes include drywall-taped, textured, and painted surfaces, maple cabinets, carpet in bedrooms, and vinyl flooring in kitchens and bathrooms. Living rooms are finished with either carpet or vinyl flooring.
On-site parking improvements include 47 exterior surfaced parking spaces plus 10 garage units. Heating is electric baseboard and is paid by the tenant, while cooling is provided by individual wall air conditioning units with one unit per apartment. Domestic hot water, water, and sewer are supplied and paid by the property at no additional cost to residents. Residential units are separately metered with electrical service tenant responsibility.
Interior finishes include drywall-taped, textured, and painted surfaces, maple cabinets, carpet in bedrooms, and vinyl flooring in kitchens and bathrooms. Living rooms are finished with either carpet or vinyl flooring.
Key Highlights
- Four‑story multi‑family complex on a 1.31‑acre site with 39 residential rental units (1-, 2-, and 3‑bedroom).
- Includes 6,500 SF of main‑level commercial space plus 10 single‑story detached garage structures.
- Built in 2013 with wood frame construction, pitched asphalt roof, steel siding, and maintenance‑free windows.
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FAQs
What type of property is this?
Apartment building - Four-story multifamily property with 39 rental units, 6,500 sf of main-level commercial space, and detached garages.
Where is this apartment building located?
The property is located at 316 4th St NW East Grand Forks, MN.
What are key features of this property?
This property features: Four‑story multi‑family complex on a 1.31‑acre site with 39 residential rental units (1-, 2-, and 3‑bedroom).; Includes 6,500 SF of main‑level commercial space plus 10 single‑story detached garage structures.; Built in 2013 with wood frame construction, pitched asphalt roof, steel siding, and maintenance‑free windows.