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Multi-Family Apartment Complex
For Sale
$1,650,000

3619 Landeco Lane, Grand Forks, ND 58201

Twenty-nine unit apartment complex offers one-, two-, and three-bedroom units with on-site coin-operated laundry and parking.

Property SizeContact for details
Days on Market195

Property Features for 3619 Landeco Lane

General Information

Standard status Active
Property subtype General Commercial

Additional Details

Multifamily Units 29

Taxes and HOA fees

Annual Taxes $24,845

Amenities

coin-operated laundry
large parking lot
Wall Air Conditioning
3
Parking.
Lot.
Trees/Woods
Irregular
Irregular.

Building Details

Year Built 1983
Listing Agency: 252699
Listed By: Joe Beske
Source: Xome
Added: Feb 10 Changed: Aug 23 Last Checked: Aug 22 at 1:08PM

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 252699

Investment Insights

Based on property information with market context.

This 29-unit apartment complex in Grand Forks offers a mix of one-, two-, and three-bedroom units. The property includes on-site coin-operated laundry and a large parking lot for residents and guests.

A large green space/city park sits directly adjacent to the property, adding an outdoor amenity right next door.

The complex is described as consistently operating at high occupancy and producing consistent income.

Key Highlights

  • Twenty‑nine unit apartment complex in Grand Forks with a mix of 1-, 2-, and 3‑bedroom units
  • Consistently high occupancy and producing consistent income
  • On‑site coin‑operated laundry

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm HVAC Service Kitchen & Bath Showroom Barber Shop Plumbing Service (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.

Lease Details

29
Residential units

Location Intelligence

Trade Area within ½ mile

542
Businesses Nearby

Demographics for 58201, ND

42,598
Population
20,277
Households
2.1
Avg Household Size
34
Median Age
40%
College-Educated
96%
High-School Grad
69.0 sq mi
ZIP Area
617
Density / Sq Mi
$69,120
Median Household Income
$43,503
Median Earnings
$966
Median Rent
$274,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Twenty-nine unit apartment complex offers one-, two-, and three-bedroom units with on-site coin-operated laundry and parking.
Where is this apartment building located?
The property is located at 3619 Landeco Lane Grand Forks, ND.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Twenty‑nine unit apartment complex in Grand Forks with a mix of 1-, 2-, and 3‑bedroom units; Consistently high occupancy and producing consistent income; On‑site coin‑operated laundry
More about this property
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