Excellent investment opportunity! This well-maintained 4-plex was built in 1996 and sits just off Main Street in Forman, within walking distance of the grocery store, pharmacy, post office, and clinic. Each identical unit features 2 bedrooms, 1 bath, and a single-stall garage.
Recent updates totaling roughly $40,000 include new garage doors, flooring, carpet, paint, ventilation, and landscaping. Tenants pay their own electric heat and A/C; landlord pays only taxes, insurance, and water (˜ $10,000 per year). Long-term senior tenants and zero vacancy history make this a low-maintenance, high-stability property.
Current rents: $625 per unit ($30,000 annual gross). Similar units in town are bringing $725.
Whether you’re a local investor or expanding your portfolio, this 3,840 sq ft 4-plex delivers steady income, excellent condition, and strong community appeal.
For sale by owner
$350,000
310 Antelope Ave SW, Forman, ND 58032
8beds
3,840sqft
Est.:
Apartment
Built in 1996
-- sqft lot
$-- Zestimate®
$91/sqft
$-- HOA
What's special
Single-stall garageNew garage doors
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