Devils Lake, ND
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    Devils Lake, ND Multifamily Properties for Sale

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    Minnewaukan, ND
    Versatile Commercial Building on 19 Acres
    $1,300,000
    9,600 SF
    Versatile Commercial Building on 19 Acres

    7581 Hwy. 2 W, Devils Lake, ND 58301

    9,600 sqft commercial space with rental units on 19.39 acres.
    • Approximately 9,600 sq ft of fully finished commercial space in a steel building.
    • Two rental units (approx. 1,000 sq ft each) with beds, bathrooms, boat storage, and cooking areas.
    • Located on approximately 19.39 acres in a peaceful country setting.
    • Versatile interior with private offices, conference room, and large production area.
    • Potential for short‑term lodging, workforce housing, or hunting/fishing accommodations.
    Updated: Mar 5
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    Devils Lake Multifamily Investment
    $770,000
    Devils Lake Multifamily Investment

    1101 5th Ave SE, Devils Lake, ND 58301

    24-unit multifamily property with strong occupancy history in Devils Lake.
    • Rare acquisition opportunity in Devils Lake, where multi‑family investments have low turnover.
    • 24 units: Featuring 23 two‑bedroom units and 1 one‑bedroom unit.
    • Strong occupancy history.
    • 12 garage stalls included.
    • On‑site resident manager.
    Updated: Mar 6
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Devils Lake, ND, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Grand Forks 10-Plex Near UND
    $340,000
    Grand Forks 10-Plex Near UND

    10-unit apartment building near the University of North Dakota.

    1225 Stanford Rd, Grand Forks, ND 58203

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    Grand Forks Apartment Complex
    $3,900,000
    Grand Forks Apartment Complex

    83-unit apartment complex near University of North Dakota campus.

    715 N 40th St, Grand Forks, ND 58203

    View details
    Iconic Redevelopment Opportunity in Minot
    Contact for pricing
    86,064 SF
    Iconic Redevelopment Opportunity in Minot

    Eight-story building in shell condition, primed for redevelopment.

    123 1st Street Southwest, Minot, ND 58701

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    48-Unit Multifamily Investment Opportunity
    $1,100,000
    24,920 SF
    48-Unit Multifamily Investment Opportunity

    48 one-bedroom units in southwest Minot, in need of completion.

    3205 4th SW Street, Minot, ND 58701

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Land in Lakes Country
    $109,900
    10.00 Acres
    Residential Land in Lakes Country

    10 acres near lakes with well, septic, and electric.

    Laporte, MN 56461

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    Pine River Twp Waterfront Land
    $499,900
    30.20 Acres
    Pine River Twp Waterfront Land

    30.2 acres with 720 feet of shoreline.

    Backus, MN 56435

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    Land for Multi-Family Housing
    $249,900
    2.16 Acres
    Land for Multi-Family Housing

    2.16 acre lot zoned for multi-family housing development.

    1610 7th Avenue E, Alexandria, MN 56308

    View details
    Lake Thompson Waterfront Recreational Lot
    $193,800
    0.46 Acres
    Lake Thompson Waterfront Recreational Lot

    0.46 acre lot with 75 feet of lake frontage.

    21425 Sunset Trail, Lake Preston, SD 57249

    View details

    Devils Lake, ND Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Devils Lake, ND on our real estate platform. These investment opportunities span a total of 9,600 square feet of properties for sale, with an estimated market value of $1,300,000.

    Sale prices for multifamily properties in Devils Lake, ND start at $1,300,000, averaging $1,300,000, and reaching up to $1,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Apartment buildings 1
    Short term rental properties 1

    Demographics Overview

    Population 10K
    Population Growth (5Y) -2.1%
    Median Household Income $58,688
    College Educated 31.9%

    High-Yield Neighborhoods for Investment

    Identify Devils Lake submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    58301 $1M

    Taxes & Financing

    Tax Rate (average for all types) 3.07%
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

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