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    Park River, ND Multifamily Properties for Sale

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    Saint Thomas, ND
    Park River Multifamily Property
    $525,000
    4,793 SF

    Park River Multifamily Property

    715 CODE S Avenue, Park River, ND 58270

    Well-maintained 8-unit apartment building in Park River, North Dakota.

    • Well‑maintained 8‑plex with a mix of 2‑bedroom and 1‑bedroom units
    • Garages included for tenants
    • On‑site laundry facilities
    • Tenant gathering room with fireplace
    • Secure entry for enhanced safety
    Updated: Mar 24
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Park River, 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.

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

    Versatile Commercial Building on 19 Acres

    9,600 sqft commercial space with rental units on 19.39 acres.

    7581 Hwy. 2 W, Devils Lake, ND 58301
    View details
    Devils Lake Multifamily Investment
    $770,000

    Devils Lake Multifamily Investment

    24-unit multifamily property with strong occupancy history in Devils Lake.

    1101 5th Ave SE, Devils Lake, ND 58301
    View details
    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
    View details
    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

    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
    View details
    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
    View details
    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

    Park River, ND Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Park River, ND on our real estate platform. These investment opportunities span a total of 4,793 square feet of properties for sale, with an estimated market value of $525,000.

    Sale prices for multifamily properties in Park River, ND start at $525,000, averaging $525,000, and reaching up to $525,000 — 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

    Demographics Overview

    Population 1,838
    Population Growth (5Y) +0.2%
    Median Household Income $75,795
    College Educated 29.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    58270 $525K

    Taxes & Financing

    Tax Rate (average for all types) 14.13%
    Tax Rate vs County Average 7.38 pp above county avg
    Average Loan-to-Value 65.0%

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