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Rare on-market 4plex investment opportunity near Sanford university & interstate. Building was acquired as part of a large portfolio purchase. INVESTOR INFO: All units are 2 bed/1bath. Additional storage units on top floor hallways. Building does have garages. Unit 1: $695 lease thru 10/31/26 Unit 2: Empty for showings Unit 3: $780 lease thru 5/31/26 Unit 4: $725 lease thru 8/31/26 Market rent roll for this building: $2950 - $3150/mo ADDITIONAL INCOME Property does have RUBS implemented AKA tenants pay their own utilities on a ratio billing system. Transferrable to next owner. In February approx $300 was collected from tenants in utility reimbursement/income Property does have laundry income. EXPENSES: Property Management: Buyer can estimate Insurance: Buyer can estimate, many carriers in ND differ on pricing and coverage. Utilities: Buyer to project and plan for themselves. Water/Sewer/garbage/Gas averaged $278/mo last year. Snow & Lawn: Buyer can quote and estimate, cost can vary. Repairs & Maintenance: Unit turns and property improvements can be estimated by buyer. More in-depth costs can be shared with buyer as part of a due diligence. SHOWINGS: Unit 2 is empty and available for showings. Other units will be made available during due diligence with contracted buyer. 1809 & 1813 neighboring 4plexes are available as a larger package if interested.

Property Details of 1813 13 1/2 Street S

Interior Features

Exterior Features

Map Location

Listed by Kyle Reedstrom of REAL (3961 WF)

  Based on information submitted to MLS Grid / NORTHSTAR as of May 15, 2026 11:07 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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