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    East Grand Forks, MN
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    East Grand Forks, MN Residential Income Properties for Sale

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    Grand Forks, ND Emerado, ND Crookston, MN
    81-Unit Multifamily Investment Opportunity
    $6,000,000
    47,061 SF

    81-Unit Multifamily Investment Opportunity

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

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

    • Rare opportunity to acquire an 81‑unit legacy property in a high‑demand market, never previously offered for sale.
    • Significant value‑add potential through interior modernization to capture market rents and increase NOI.
    • Highly desirable unit mix of 78 one‑bedroom and 3 two‑bedroom units.
    • Underutilized revenue enhancement opportunities through strategic rent increases, RUBS, parking, laundry, and premium unit finishes.
    • Rare entry point into a supply‑constrained multifamily market.
    Updated: Feb 23
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in East Grand Forks, MN, 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.

    Historic Mixed-Use Grand Forks Property
    $1,400,000
    13,520 SF

    Historic Mixed-Use Grand Forks Property

    13,520 SF historic property with residential and restaurant space.

    22 S 3rd St, Grand Forks, ND 58201
    View details
    Multifamily Property in Thief River
    $1,080,000

    Multifamily Property in Thief River

    24-unit multifamily property with development potential in Thief River Falls.

    624 Kinney Ave, Thief River Falls, MN 56701
    View details
    Mixed-Use Building in Grand Forks
    Contact for pricing
    90,699 SF

    Mixed-Use Building in Grand Forks

    65-unit apartment building with commercial space in downtown Grand Forks.

    684 1st Ave N, Grand Forks, ND 58203
    View details
    Thief River Falls Investment Opportunity
    $625,000

    Thief River Falls Investment Opportunity

    29 manufactured homes on leased land for sale.

    1227 Stephen Street, Thief River Falls, MN 56701
    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.

    Minnesota Land Near Detroit Lakes
    Contact for pricing
    40.00 Acres

    Minnesota Land Near Detroit Lakes

    40+ acres near Detroit Lakes with recreational amenities.

    13617 260 Ave, Detroit Lakes, MN 56501
    View details
    Land Available in Warroad, MN
    $46,000

    Land Available in Warroad, MN

    Land located in Warroad, MN, Roseau County.

    Lot 3 - TBD 330th Street, Warroad, MN 56763
    View details
    Land for Cabin or Home
    $74,900
    5.30 Acres

    Land for Cabin or Home

    5.3-acre lot near Osage, MN, ideal for building.

    Tbd 10 Bog Lake Trail, Osage, MN 56570
    View details
    Lake George Wooded Lots
    $119,900
    3.75 Acres

    Lake George Wooded Lots

    Four wooded lots with 150 feet of lakeshore.

    Tbd County 4 - Lot 9, Lake George, MN 56458
    View details

    East Grand Forks, MN Residential Income Properties Investment Opportunities Market Analysis

    Explore 1 residential income properties for sale in East Grand Forks, MN on our real estate platform. These investment opportunities span a total of 47,061 square feet of properties for sale, with an estimated market value of $6,000,000.

    Sale prices for residential income properties in East Grand Forks, MN start at $6,000,000, averaging $6,000,000, and reaching up to $6,000,000 — 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
    Multifamily properties 1

    Demographics Overview

    Population 11K
    Population Growth (5Y) +6.0%
    Median Household Income $83,633
    College Educated 35.0%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    56721 $6M

    Taxes & Financing

    Tax Rate (average for all types) 2.21%
    Property Tax per SF $40.08 per sq ft
    Tax Rate vs County Average 0.41 pp above county avg
    Average Loan-to-Value 65.0%

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