For Sale
$849,900

504 3Rd Ave Wahpeton, ND 58075

17-Unit Multifamily, Fully Leased, Great Cash Flow

Overview

Added:
Feb 3
Days on market:
80
This exceptional 8,000 square foot, 17-unit apartment building located at 504 3rd Avenue N in Wahpeton, North Dakota, represents a compelling investment opportunity. Currently boasting 100% occupancy, this low-rise property generates immediate and substantial rental income. The unit mix includes a combination of one- and two-bedroom apartments, providing a diverse tenant base and consistent cash flow. A proven rental history underscores the property's strong performance and stability in the Wahpeton market. The building sits on a 0.18-acre lot, and importantly, the sale includes an adjacent parcel of land, providing ample off-street parking for residents. This valuable amenity enhances tenant satisfaction and contributes to the property's overall appeal. The asking price for this fully occupied, income-producing asset is $849,900. This presents a rare chance to acquire a well-maintained, high-performing multifamily property with significant potential for long-term appreciation and growth in a desirable North Dakota location. The combination of full occupancy, convenient parking, and a proven track record makes this an attractive investment for discerning buyers seeking immediate returns and future upside. Serious inquiries are encouraged.

Property Details for 504 3Rd Ave

Property type
Apartment buildings
Square Feet
8,000 SF
Year Built
1967
Lot Size (sq. ft)
7,841 SF

Location Insight

City
Wahpeton
County
Richland
State
North Dakota
Latitude
46.26623
Longitude
-96.60732

FAQs

What type of property is this?
Apartment building - 17-Unit Multifamily, Fully Leased, Great Cash Flow
Where is the apartment building located?
The property is located at 504 3Rd Ave Wahpeton, ND.
What is the asking price?
The asking price for this property is $849,900.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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504 3Rd Ave
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