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!
For sale
Price cut: $10K (6/29)
$280,000
201 Walnut St, Grand Forks, ND 58201
5beds
4baths
3,945sqft
Multi Family
Built in 1908
-- sqft lot
$274,700 Zestimate®
$71/sqft
$-- HOA
What's special
- 251 days |
- 425 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Jonathon Vonesh 218-791-4510,
KW Inspire Realty Keller Williams 218-791-4510
Source: GFBMLS,MLS#: 25-1606
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Has Heating (Unspecified Type)
Interior area
- Total structure area: 3,945
- Total interior livable area: 3,945 sqft
- Finished area above ground: 2,620
Property
Lot
- Size: 3,920 Square Feet
- Dimensions: 47.7 x 83
Details
- Parcel number: 44300400083000
- Zoning: A-1
- Zoning description: Limited Development
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1908
Community & HOA
Location
- Region: Grand Forks
Financial & listing details
- Price per square foot: $71/sqft
- Tax assessed value: $201,000
- Annual tax amount: $4,117
- Date on market: 10/24/2025
Estimated market value
$274,700
$261,000 - $288,000
$1,667/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Price change | $280,000-3.4%$71/sqft |
Source:  GFBMLS #25-1606 Report a problem | ||
| 12/12/2025 | Price change | $290,000-3.3%$74/sqft |
Source: GFBMLS #25-1606 Report a problem | ||
| 10/24/2025 | Listed for sale | $300,000$76/sqft |
Source: GFBMLS #25-1606 Report a problem | ||
| 5/6/2021 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,483 +6.3% | $100,500 +8.6% |
| 2023 | $3,276 +5.1% | $92,500 -2.1% |
| 2022 | $3,117 +55.4% | $94,500 +46.9% |
| 2021 | $2,005 +10% | $64,350 +9.7% |
| 2020 | $1,822 +10% | $58,650 +25.6% |
| 2018 | $1,657 +0.9% | $46,700 |
| 2017 | $1,642 +12.3% | $46,700 |
| 2016 | $1,463 +8.5% | -- |
| 2015 | $1,348 -4.4% | -- |
| 2014 | $1,410 | $46,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 58201
Nearby schools
GreatSchools rating
- 4/10Phoenix Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 3/10Valley Middle SchoolGrades: 6-8Distance: 1.2 mi
- 3/10Central High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Phoenix
- Middle: Valley
- High: Central
Source: GFBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- North Dakota
- Grand Forks County
- Grand Forks
- 58201
- 201 Walnut St
Nearby cities
Nearby zip codes
Other Grand Forks Topics
