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Grand Forks, ND

Multifamily

Grand Forks, ND Multifamily Properties for Sale

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East Grand Forks, MN Emerado, ND Crookston, MN

Multi-Family Apartment Complex

Updated: Mar 12

Multi-Family Apartment Complex

3619 Landeco Ln, Grand Forks, ND 58201

$1,650,000

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
Large parking lot
Large green space/city park directly adjacent to the property

Multifamily Apartment Complex with Garages

Updated: Jul 21

Multifamily Apartment Complex with Garages

525 Demers Ave, Grand Forks, ND 56721

Contact for pricing

Two multi‑family apartment buildings total 75 rental units: 36 units in a 3‑story building and 39 units in a 4‑story building
Northern Pacific site: approx. 1.88‑acre property with 36 units in a wood‑frame building constructed in 2014, plus 24 detached one‑story garage structures
Minnesota Heights site: approx. 1.31‑acre property with 39 units in a wood‑frame building constructed in 2013, plus 10 detached one‑story garage structures
Apartments include in‑unit appliances: stove, fridge, microwave, dishwasher, and washer/dryer, with balconies on all units
Parking includes 95 exterior surfaced spaces total plus detached garage units (24 at Northern Pacific, 10 at Minnesota Heights)

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 2 Active listings in Grand Forks, ND, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads, 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.

18-Unit Apartment Building

18-Unit Apartment Building

221 8th Ave Se, Mayville, ND 58257

$1,025,000

Well-maintained 18-unit apartment building with on-site laundry and resident storage in a quiet residential setting.

18-Unit Apartment Building

18-Unit Apartment Building

226 8th Ave SE, Mayville, ND 58257

Contact for pricing

15,480 sqft

Rural 18-unit apartment building with on-site laundry facilities and generous storage.

81-Unit Multifamily Investment Opportunity

81-Unit Multifamily Investment Opportunity

208 2nd St NW, East Grand Forks, MN 56721

Contact for pricing

47,061 sqft

Rare opportunity in high-demand market with value-add potential.

Four-Story Apartment Building

Four-Story Apartment Building

316 4th St NW, East Grand Forks, MN 56721

Contact for pricing

1.31 AC lot

Four-story multifamily property with 39 rental units, 6,500 sf of main-level commercial space, and detached garages.

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

Residential Land in Lakes Country

30371 Old Sunset Drive, Laporte, MN 56461

$109,900

10.00 AC lot

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

Alexandria Lakeshore Property with Rental Opportunity

Alexandria Lakeshore Property with Rental Opportunity

5950 County Road 8 NW, Alexandria, MN 56308

$798,500

15.62 AC lot

Lakeshore property with rental cabins and RV sites near Alexandria.

Land for Multi-Family Housing

Land for Multi-Family Housing

1610 7th Avenue E, Alexandria, MN 56308

$249,900

2.16 AC lot

2.16 acre lot zoned for multi-family housing development.

Aitkin Lots & Land

Aitkin Lots & Land

L 3&4 B3 London Town, Aitkin, MN 56431

Contact for pricing

0.14 AC lot

Double lot in Sherwood Forest with shared amenities.

Off-Market Properties in Grand Forks, ND

Consider similar Off-Market properties in Grand Forks, ND. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

110 Cherry St

APARTMENT HOUSE (5+ UNITS)

110 Cherry St, Grand Forks, ND 58201-4549

Value Estimation by Request

57,540 sqft 2.81 AC lot

710 4th S Ave

APARTMENT HOUSE (5+ UNITS)

710 4th S Ave, Grand Forks, ND 58201-4552

Value Estimation by Request

35,904 sqft 2.26 AC lot

418 6th St

APARTMENT HOUSE (5+ UNITS)

418 6th St, Grand Forks, ND 58203

Value Estimation by Request

18,378 sqft 0.64 AC lot

3350 Cherry St

APARTMENT HOUSE (5+ UNITS)

3350 Cherry St, Grand Forks, ND 58201-7605

Value Estimation by Request

26,717 sqft 1.37 AC lot

4812 6th N Ave

APARTMENT HOUSE (5+ UNITS)

4812 6th N Ave, Grand Forks, ND 58203-2666

Value Estimation by Request

3,584 sqft 0.21 AC lot

2500 14th S Ave

APARTMENT HOUSE (5+ UNITS)

2500 14th S Ave, Grand Forks, ND 58201-5214

Value Estimation by Request

8,786 sqft 0.62 AC lot

3725 University Ave

APARTMENT HOUSE (5+ UNITS)

3725 University Ave, Grand Forks, ND 58203-0523

Value Estimation by Request

18,531 sqft 0.29 AC lot

519 University Ave

APARTMENT HOUSE (5+ UNITS)

519 University Ave, Grand Forks, ND 58203-3554

Value Estimation by Request

9,228 sqft 0.24 AC lot

813 Lewis Blvd

APARTMENT HOUSE (5+ UNITS)

813 Lewis Blvd, Grand Forks, ND 58203-2424

Value Estimation by Request

44,469 sqft 2.20 AC lot

3106 5th N Ave

APARTMENT HOUSE (5+ UNITS)

3106 5th N Ave, Grand Forks, ND 58203-2813

Value Estimation by Request

1,975 sqft 0.29 AC lot

810 4th S Ave

APARTMENT HOUSE (5+ UNITS)

810 4th S Ave, Grand Forks, ND 58201-4561

Value Estimation by Request

60,847 sqft 3.85 AC lot

1639 24th S Ave

APARTMENT HOUSE (5+ UNITS)

1639 24th S Ave, Grand Forks, ND 58201-6746

Value Estimation by Request

37,968 sqft 2.51 AC lot

1118 22nd S Ave

APARTMENT HOUSE (5+ UNITS)

1118 22nd S Ave, Grand Forks, ND 58201-6914

Value Estimation by Request

4,514 sqft 0.23 AC lot

1110 22nd S Ave

APARTMENT HOUSE (5+ UNITS)

1110 22nd S Ave, Grand Forks, ND 58201-6910

Value Estimation by Request

4,514 sqft 0.20 AC lot

1114 22nd S Ave

APARTMENT HOUSE (5+ UNITS)

1114 22nd S Ave, Grand Forks, ND 58201-6912

Value Estimation by Request

4,514 sqft 0.20 AC lot

Grand Forks, ND Multifamily Properties Market Trends and Statistics

Explore 17 multifamily properties for sale in Grand Forks, ND on our real estate platform.

Sale prices for multifamily properties in Grand Forks, ND average $1,650,000 — 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

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 63K

Population Growth (5Y) +2.5%

Median Household Income $64,438

College Educated 37.6%

High-Yield Neighborhoods for Investment

Identify Grand Forks submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
58201	$1.1M
58203	$1.5M

Taxes & Financing

Tax Rate (average for all types) 3.74%

Property Tax per SF $35.85 per SF

Tax Rate vs County Average 0.03 pp above county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Grand Forks fall within the 50,000 to 100,000 square foot range.

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