323 SEWARD AVE, Grand Forks, ND 58203 (MLS# 25-1739)

323 SEWARD AVE, Grand Forks, ND 58203

$600,000

Property Type: Commercial Sale Status: Closed

Current Price: $600,000 List Date: 11/21/2025 Last Modified: 1/12/2026

Overview

Description

Prime investment opportunity in Grand Forks, ND! This renovated property offers 8 units, built in 1955 and recently refurbished in 2024. Each has in-unit laundry and separate utility meters. With a 9.82% Pro Forma CAP rate, 2026 tax abatement, $0 in utilities expense and 7/8 units full, this property promises both immediate returns and long-term appreciation potential. Inquire for a tour/brochure

Listing Details MLS# 25-1739

General Property Information

Legal: 323 Seward Ave Lot 2 & W 1/2 of vac alley B18 adj there to Skidmore addition
Property Subtype: Business
Lot Size Dimensions: Irr
Realtor.COM Type: Commercial
Year Built: 1955
Waterfront: No

Property Features

Cooling: Wall Unit(s) Special Listing Conditions: NA Business Type: Commercial Parking Features: Off Street

Location Tax and Legal Information

Area: N Grand Forks
House Number: 323
Street Name: SEWARD AVE
State/Province: ND
Country: USA
Postal Code: 58203
County: Grand Forks

Confidential Information

Begin Date: 2025-11-21
Under Contract Date: 2025-12-16
Sold Date: 2026-01-09

Location, Tax and Legal Information

Tax Year: 2024
Pend+Proposed Spec: 0
Taxes: 2391.13
Flood Plain: Contact Lender
Parcel Number: 44290100136000
Specials Amount: No
Total Tax & Specials: 2391.13
Specials Unpaid: No

More Information

Business Type

Commercial: Yes

Cooling

Wall Unit(s): Yes

Special Listing Conditions

NA: Yes

Parking Features

Off Street: Yes

Listing Office: Crary Real Estate

Last Updated: January - 12 - 2026

Information deemed reliable but not guaranteed.