$539,000
UNDER CONTRACT

1516 N 6th St Grand Forks, ND 58203

Estimated payment $3,376/month

Total Views 12,074
8 Beds
8 Baths
4,160 Sq Ft
$130 Price per Sq Ft

About This Home

This 8 plex apartment offers great cash flow with newer shingles. Each unit designed with maximum living space & tenant comfort to ensure high occupancy rates. Tenants pay electric.

Listing Agent

Tammy Howard

Greenberg Realty License #ND8129 Listed on: 04/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,547

Year Built

  • Built in 1972

Home Design

  • 4,160 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Schools

  • Wilder Elementary School
  • Valley Middle School
  • Central High School

Additional Features

  • Lot Dimensions are 100 x 140
  • Heating Available

Community Details

  • 8 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,547

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Lot Size: 100 x 140
  • Property Sub Type: Multi Family
  • Prop. Type: MultiFamily
  • Year Built: 1972
  • Expenses Electricity: Tenant's
  • Expenses Tax And Specials Exp: 5262.15
  • Income Scheduled Rent: 58,200
  • Income Vacancy Percent: 0
  • Schools Grade Schools: Wilder
  • Schools High Schools: Central
  • Schools Middle Schools: Valley
  • Above Grade Finished Sq Ft: 4160.0
  • Carport Y N: No
  • Special Features: UnderContract

Interior Features

  • Total Bedrooms: 8

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage Type: None

Utilities

  • Heating: Electric Baseboard
  • Heating Yn: Yes

Schools

  • Elementary School: Wilder
  • High School: Central
  • Middle Or Junior School: Valley

Lot Info

  • Zoning: A-1 Limited Development

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 5547.24

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,554 $168,500 $0 $0
2023 $5,507 $156,000 $35,000 $121,000
2022 $5,242 $158,350 $28,000 $130,350
2021 $5,262 $160,300 $28,000 $132,300
2020 $4,989 $153,700 $28,000 $125,700
2018 $4,692 $129,800 $21,450 $108,350
2017 $4,689 $129,800 $21,450 $108,350
2016 $4,181 $0 $0 $0
2015 $3,818 $0 $0 $0
2014 $3,956 $129,800 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 For Sale $539,000 +8.0% $130 / Sq Ft
10/20/2023 10/20/23 Off Market -- -- --
01/13/2023 01/13/23 Sold -- -- --
10/28/2022 10/28/22 Off Market -- -- --
10/10/2022 10/10/22 For Sale $499,000 -- $120 / Sq Ft
Source: Grand Forks Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $777,949 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $452,250 New Conventional
Closed $100,000 Stand Alone Refi Refinance Of Original Loan
Closed $304,938 Commercial
Closed $1,803,977 Future Advance Clause Open End Mortgage
Closed $1,012,424 Future Advance Clause Open End Mortgage
Previous Owner $198,980 Commercial
Previous Owner $220,000 Commercial
Previous Owner $0 New Conventional
Source: Public Records

Source: Grand Forks Area Association of REALTORS®

MLS Number: 25-428

Grand Forks Area Association of REALTORS®

APN: 44290100112001