Attractive south end Grand Forks duplex offering strong owner occupy or investment potential. Well located property with unfinished lower-level spaces ready for future expansion. Opportunity to add additional bedrooms, bathrooms, and increased rental potential with finishing improvements. Desirable location near schools, parks, and conveniences. A versatile property with upside for investors or

Easy living in updated townhouse! Enjoy a new roof, fresh paint, flooring, kitchen appliances & light fixtures. This light-filled and open 3 bdrm, 2 bath split-level could be a primary suite or office, the lower level is ideal for a family room, hobby space or spacious primary suite w/large closet. Great location and close to the University. Some photos have been virtually to show possibilities.

Welcome to an affordable updated townhome with 4 bedrooms, 2 full bathrooms, upper balcony, lower level walkout to deck/patio, fenced yard. Double garage. See list of upgrades! Close to campus, out to the airport & Air Force Base. ”Move-in” condition.

Apartments: 14 of 15 units leased (93%), one move-in pending; the 15th is freshly renovated and available to show now. One resident since 2009; leases staggered through 2027. Boiler 2021, new gutters 2026, gas hot-water heat, private entrances, on-site laundry, ample parking, near shops & schools. Full 3-year P&L, rent roll and appraisal available – no NDA. PARK APARTMENTS – 1220 N FRONT ST, CROOKSTON MN

THE BASICS
15 units on a full 1.5 acres (220 x 300): fourteen efficiency units and one one-bedroom. Built 1950. Gas hot water heat, private entrances, common-area laundry, and ample off-street parking with room left over. Appraised at $488,000 on 02/04/2026 by Weber Appraisal Service.

OCCUPANCY AS OF 08/20/2026
– 11 units occupied and paying
– 2 units leased, tenants not yet moved in (units 2 and 6)
– 2 units available now (units 8 and 15)

In-place rent is $4,605/mo. All fifteen at current asking rents is $6,230/mo, or $74,760/yr.

Tenancy is stable here. One resident has been in place since 2009 and another since 2019, and leases are staggered through mid-2027 – no buyer walks into a cliff.

ALREADY PAID FOR
– Boiler replaced 2021
– New gutters installed 2026
– Ongoing unit turns and renovations throughout

THE NUMBERS, STRAIGHT
2026 run-rate, annualized from current operating statements:
– Effective gross income: $61,535
– Operating expenses: $41,127 (property tax shown separately)

These expense figures are the real ones, not a trimmed set. They include management, repairs, unit turnover, advertising, lawn care, snow removal, rental license and utilities. The owner carries insurance outside the property, so no premium appears in these numbers – budget your own.

THE UPSIDE
Asking rent on the efficiencies is $400. The last three units that turned rented at $420, $465 and $500. That gap is the opportunity, and you can verify it yourself against the rent roll we have posted.
– Fill the two open units at current asking rents: NOI to roughly $28,600
– Bring all fifteen toward the high $400s: NOI to roughly $38,000

PRICING
Listed at $498,500 against a February 2026 appraisal of $488,000 (Weber Appraisal Service, file APP3451). The value is in the fifteen doors, the 1.5 acres, and the room left in the rent roll.

DOCUMENTS – NO NDA
Three years of profit-and-loss statements, the current rent roll, and the 2026 appraisal are posted at https://tinyurl.com/parkapts. Bring your own numbers and check ours.

UTILITIES
Owner pays gas, water, sewer and trash. Tenants pay electric, cable and internet.

SHOWINGS
Text or email the listing agent. Units 8 and 15 can be shown any time; occupied units require 24+ hour notice.

BUYER TO VERIFY
Zoning is recorded as A-1 Limited Development. Any buyer with expansion or redevelopment plans should confirm intended use directly with the City of Crookston. Square footage and tax figures should be independently verified.

Four unit apartment building brings a spacious set up. Unit in basement has 2 bedrooms 1 full bath. Entire main floor is one unit with 3 bedrooms and 1 bath with it’s own laundry. Upstairs has two units, each with 1 bedroom and 1 bath.

Beautiful one-story townhome located within minutes of the Ralph Englestad Arena.

Welcome home to convenient, effortless living in South Grand Forks! This beautiful townhome boasts a bright, open-concept layout perfect for relaxing or entertaining – all situated in an unbeatable neighborhood.

Rents $1,080/month each unit. Excellent rental near UND campus. SOLD ”as is”

Rents $1,080 a month per unit. Excellent rental near UND campus. SOLD ”as is

This 12-unit apartment building has a mix of five 2-bedroom units and 7 1-bedroom units. Building consists of brick construction, on site laundry, boiler heat (paid by landlord), surface parking. Rents range from $510 to $600 with tenant responsible for electric. Overall performance could increase by implementing a Ratio Utility Billing System (RUBS) program to absorb some of the heat expense.