201 WALNUT Street, Grand Forks, ND 58201 (MLS# 25-1606)

201 WALNUT Street, Grand Forks, ND 58201

$290,000
Property Type: MultiFamily Bedrooms: 5 Baths: 4 Square Footage: 3,945 Lot Size (sq. ft.): 3,957 Status: Active
Current Price: $290,000 List Date: 10/24/2025 Last Modified: 2/19/2026

Overview

Description

Investor's dream! This fully occupied 4-unit property is a turn-key opportunity ready to generate income from day one. The building features three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit—each well-maintained and consistently rented. Whether you're expanding your portfolio or starting your real estate investment journey, this property offers strong cash flow and low vacancy!

Listing Details MLS# 25-1606

General Property Information

Property Subtype
Multi Family
Realtor.COM Type
Multi-Family
Total SqFt.
3945
Below Ground SQFT
1325
Above Ground SQFT
2620
Total Bedrooms
5
Total Bathrooms
4
Garage Type
None
Year Built
1908
Lot Size Dimensions
47.7x83
Lot SqFt
3957
Waterfront
No
Garage Stalls
0

Property Features

Levels: Two Structure Type: Quadruplex Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Special Listing Conditions: NA Heating: Baseboard; Hot Water Cooling: None Owner Pays: Exterior Maintenance; Gas; Sewer; Water Tenant Pays: Cable TV; Electricity; Internet Parking Features: Other

Location Tax and Legal Information

Area
S Grand Forks
House Number
201
Street Name
WALNUT
Street Suffix
Street
State/Province
ND
Country
USA
Postal Code
58201
County
Grand Forks
Zoning
A-1 Limited Development

Confidential Information

Begin Date
2025-10-24

Income

Gross Scheduled Income
2675/mo
# Units
4

More Information

Expenses

Tax and Specials Exp Information
3,482.73/yr

Inclusions

# Ranges
4
# Refrigerators
4

Schools

Grade Schools
Phoenix
Middle Schools
Valley
High Schools
Central

Miscellaneous

Contingency Sale
N

Showing Instructions

Showing Service
Broker Bay

Location, Tax and Legal Information

Tax Year
2025
Pend+Proposed Spec
0
Taxes
4117.32
Flood Plain
Contact Lender
Parcel Number
44300400083000
Specials Amount
No
Total Tax & Specials
4,117.32
Specials Unpaid
No
Legal
FRONT 83' OF NORTH 47.673' OF LOT 2 BLK 10 TRAILL'S ADDITION

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Levels

Two
Yes

Structure Type

Quadruplex
Yes

Heating

Baseboard
Yes
Hot Water
Yes

Cooling

None
Yes

Special Listing Conditions

NA
Yes

Owner Pays

Exterior Maintenance
Yes
Gas
Yes
Sewer
Yes
Water
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Internet
Yes

Parking Features

Other
Yes

Documents

Listing Office: KW Inspire Realty Keller Williams
Last Updated: February - 19 - 2026
Information deemed reliable but not guaranteed.
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