MLS# 7064793 - 1221 S 15th Street Grand Forks, ND 58201

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REAL (3961 WF) is the brokerage office representing the seller for this listing.

The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Brad Wadsten is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Brad Wadsten, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

{"Id":550931,"ORGTABLE":"RAW_Property","MLSCLASS":"RES","MLSNUMBER":"NST7064793","MLSAGENTID":"NST582502327","MLSOFFICEID":"NST251996","ADDRESS":"1221 S 15th Street","ACRES":0.16,"AGENTOWNER":false,"AUCTIONYN":false,"BASEMENT":"Block","BATHSTOTAL":4.0,"BEDROOMS":8.0,"CITY":"Grand Forks","CONTINGENCY":"None","COUNTY":"Grand Forks","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"FORECLOSURE":"No","LASTPRICE":300000.0,"LASTPRICEDATE":"2026-05-01T21:17:08.637","LATITUDE":47.909447,"LENDEROWNED":"No","LISTDATE":"2026-05-01T05:00:00","LISTPRICE":300000.0,"LIVINGAREA":3264.0,"LONGITUDE":-97.047851,"LOTDESCRIPTION":"Corner Lot","MODIFICATIONTIMESTAMP":"2026-05-02T10:05:13.568","OFFICE_OFFICENAME":"REAL (3961 WF)","PHOTOCOUNT":25,"POSTALCODE":"58201","POTENTIALSHORTSALE":"No","PRESENTUSE":"Yearly","PUBLICREMARKS":"Turnkey 4-plex investment opportunity in the heart of Grand Forks with strong rental history and significant upside potential. This well-maintained property features four 2-bedroom, 1-bath units, offering a solid foundation for both seasoned and entry-level investors.\n\nThe property is fully leased with a diverse tenant base, including long-term occupancy—one tenant in place since 2001—providing immediate and reliable income stability. Current gross monthly rents total $2,905, with additional income from on-site laundry bringing total annual income higher.\n\nInvestors will appreciate the clear value-add opportunity: comparable 2-bedroom units in the Grand Forks market are renting between $800-$1,000 per month, leaving substantial room to increase cash flow over time. Whether through strategic rent adjustments or future unit updates, this property offers a path to significantly improved returns.\n\nSituated in a highly desirable rental location near the University of North Dakota, the property benefits from consistent rental demand. Tenants enjoy convenient access to grocery stores, daycare facilities, and multiple schools within a one-mile radius, along with nearby public transportation options—making it an attractive and practical place to live.\n\nAdditional features include two single-stall garages, driveway parking, and ample street parking, enhancing tenant convenience and overall property appeal.\n\nThis is a rare opportunity to acquire a stabilized, income-producing asset with built-in upside in a strong rental market. Ideal for investors seeking immediate cash flow with long-term growth potential.","ROADBETWEENWATERFRONTANDHOMEYN":false,"SCHOOLDISTRICTNUMBER":"ND18001-Grand Forks","SEWER":"City Sewer/Connected","STATEORPROVINCE":"ND","STATUS":"Active","STATUSDATE":"2026-05-01T21:17:08.637","LASTSTATUS":"Active","STREETDIRPREFIX":"S","STREETNAME":"15th","STREETNUMBER":"1221","STREETSUFFIX":"Street","STYLE":"Fourplex","TRANSACTIONTYPE":"For Sale","WATER":"City Water/Connected","WATERFRONTPRESENT":false,"YEARBUILT":1968,"ZONING":"Residential-Multi-Family,Residential-Single Family","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2026-05-01T21:17:08.638","PHOTOREMARKS":"[{\"Order\":1,\"Remarks\":\"Exterior\"},{\"Order\":2,\"Remarks\":\"Exterior\"},{\"Order\":3,\"Remarks\":\"Exterior\"},{\"Order\":4,\"Remarks\":\"Garage\"},{\"Order\":5,\"Remarks\":\"Exterior\"},{\"Order\":6,\"Remarks\":\"Spli-entry\"},{\"Order\":7,\"Remarks\":\"Living Room\"},{\"Order\":8,\"Remarks\":\"Living Room\"},{\"Order\":9,\"Remarks\":\"Kitchen\"},{\"Order\":10,\"Remarks\":\"Kitchen\"},{\"Order\":11,\"Remarks\":\"Kitchen\"},{\"Order\":12,\"Remarks\":\"Bedroom\"},{\"Order\":13,\"Remarks\":\"Bedroom\"},{\"Order\":14,\"Remarks\":\"Bedroom\"},{\"Order\":15,\"Remarks\":\"Bedroom\"},{\"Order\":16,\"Remarks\":\"Living Room\"},{\"Order\":17,\"Remarks\":\"Living Room\"},{\"Order\":18,\"Remarks\":\"Kitchen\"},{\"Order\":19,\"Remarks\":\"Kitchen\"},{\"Order\":20,\"Remarks\":\"Bedroom\"},{\"Order\":21,\"Remarks\":\"Bedroom\"},{\"Order\":22,\"Remarks\":\"Bedroom\"},{\"Order\":23,\"Remarks\":\"Bedroom\"},{\"Order\":24,\"Remarks\":\"Bathroom\"},{\"Order\":25,\"Remarks\":\"Shared Laundry\"}]","PHOTOORDER":"1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25","SOURCE":"MG_NST"}

Any Family Styles
(CC) Converted Mansion
(CC) High Rise (4+ Levels)
(CC) Low Rise (3- Levels)
(CC) Manor/Village
(CC) Two Unit
(CMU) Commercial/Mixed Use
(LL) Lots & Land
(MF) Apartments
(MF) Duplex Other
(MF) Duplex Side X Side
(MF) Duplex Up and Down
(MF) Four Plex
(MF) High Rise (4+ Levels)
(MF) Low Rise (3- Levels)
(MF) Manor/Village
(MF) Other
(MF) Quad/4 Corners
(MF) Triplex
(RT) Apartment
(RT) Duplex Side x Side
(RT) Duplex Up and Down
(RT) Fourplex
(RT) Triplex
(SF) Other
(SF) Single Family
(TH) Detached
(TH) Quad/4 Corners
(TH) Side x Side
(TW) Twin Home
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