201 Walnut St Grand Forks, ND 58201
Estimated payment $1,871/month
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,483
Year Built
- Built in 1908
Lot Details
- 3,957 Sq Ft Lot
- Lot Dimensions are 47.7x83
Interior Spaces
- 2,620 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Schools
- Phoenix Elementary School
- Valley Middle School
- Central High School
Utilities
- Heating Available
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 44300400083000
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,309 | $100,500 | $0 | $0 |
| 2023 | $3,276 | $92,500 | $10,000 | $82,500 |
| 2022 | $3,117 | $94,500 | $7,900 | $86,600 |
| 2021 | $2,110 | $64,350 | $7,900 | $56,450 |
| 2020 | $1,897 | $58,650 | $7,900 | $50,750 |
| 2018 | $1,741 | $46,700 | $6,650 | $40,050 |
| 2017 | $1,726 | $46,700 | $6,650 | $40,050 |
| 2016 | $1,538 | $0 | $0 | $0 |
| 2015 | $1,348 | $0 | $0 | $0 |
| 2014 | $1,410 | $46,700 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/24/2025 10/24/25 | For Sale | $300,000 | -- | $115 / Sq Ft | |
| 10/20/2023 10/20/23 | Off Market | -- | -- | -- | |
| 05/03/2021 05/03/21 | Sold | -- | -- | -- | View Prior Sale |
| 04/03/2021 04/03/21 | Pending | -- | -- | -- | |
| 02/11/2020 02/11/20 | For Sale | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $202,000 | None Available | |
| Warranty Deed | -- | -- | |
| Trustee Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $151,500 | Purchase Money Mortgage |
Source: Grand Forks Area Association of REALTORS®
MLS Number: 25-1606
APN: 44300400083000
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