keithschwankl@positiverealty.com
218-330-7360
MLS# 6698091 - 1115/1117/1121 2nd Avenue S Fargo, ND 58103
Baxter Office

15244 State Hwy 371
Baxter, MN 56425
218-330-7360
keithschwankl@positiverealty.com

Nisswa Office

4820 County Rd. 77
Nisswa, MN 56468
218-963-7767
keithschwankl@positiverealty.com

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Significant Price Drop ATTENTION INVESTORS! 1115/1117 and 1121 are being offered together for a total of 10 units. This is a classic, operational value-add opportunity. Immediate upside can be captured simply by leasing up the remaining vacant units. The current owner has already done the heavy lifting—removing problematic tenants and turning all units rent-ready—positioning the next owner to benefit from increased occupancy and stabilized income. Tenants pay for electric heat! Offered at $58,000 per unit ($580,000 total purchase price), this pair of properties represents a compelling entry point in a strong rental market. At pro forma, the asset delivers attractive cash flow and significant upside. Offer consists of two multifamily buildings, an ample paved parking lot, plus a 2-car detached garage.

Daybreak Property Management, LLC is the brokerage office representing the owner for this listing.
© Copyright 2025, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
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(RMLS) of Minnesota, Inc distributed by MLS GRID. 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.
Positive Realty | Keith Schwankl is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Keith Schwankl, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at Sep 14 2025 10:21PM.

Significant Price Drop ATTENTION INVESTORS! 1115/1117 and 1121 are being offered together for a total of 10 units. This is a classic, operational value-add opportunity. Immediate upside can be captured simply by leasing up the remaining vacant units. The current owner has already done the heavy lifting—removing problematic tenants and turning all units rent-ready—positioning the next owner to benefit from increased occupancy and stabilized income. Tenants pay for electric heat! Offered at $58,000 per unit ($580,000 total purchase price), this pair of properties represents a compelling entry point in a strong rental market. At pro forma, the asset delivers attractive cash flow and significant upside. Offer consists of two multifamily buildings, an ample paved parking lot, plus a 2-car detached garage.

Daybreak Property Management, LLC is the brokerage office representing the owner for this listing.
© Copyright 2025, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
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(RMLS) of Minnesota, Inc distributed by MLS GRID. 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.
Positive Realty | Keith Schwankl is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Keith Schwankl, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at Sep 14 2025 10:21PM.

Significant Price Drop ATTENTION INVESTORS! 1115/1117 and 1121 are being offered together for a total of 10 units. This is a classic, operational value-add opportunity. Immediate upside can be captured simply by leasing up the remaining vacant units. The current owner has already done the heavy lifting—removing problematic tenants and turning all units rent-ready—positioning the next owner to benefit from increased occupancy and stabilized income. Tenants pay for electric heat! Offered at $58,000 per unit ($580,000 total purchase price), this pair of properties represents a compelling entry point in a strong rental market. At pro forma, the asset delivers attractive cash flow and significant upside. Offer consists of two multifamily buildings, an ample paved parking lot, plus a 2-car detached garage.

Daybreak Property Management, LLC is the brokerage office representing the owner for this listing.
© Copyright 2025, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
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(RMLS) of Minnesota, Inc distributed by MLS GRID. 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.
Positive Realty | Keith Schwankl is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Keith Schwankl, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at Sep 14 2025 10:21PM.

Significant Price Drop ATTENTION INVESTORS! 1115/1117 and 1121 are being offered together for a total of 10 units. This is a classic, operational value-add opportunity. Immediate upside can be captured simply by leasing up the remaining vacant units. The current owner has already done the heavy lifting—removing problematic tenants and turning all units rent-ready—positioning the next owner to benefit from increased occupancy and stabilized income. Tenants pay for electric heat! Offered at $58,000 per unit ($580,000 total purchase price), this pair of properties represents a compelling entry point in a strong rental market. At pro forma, the asset delivers attractive cash flow and significant upside. Offer consists of two multifamily buildings, an ample paved parking lot, plus a 2-car detached garage.

Daybreak Property Management, LLC is the brokerage office representing the owner for this listing.
© Copyright 2025, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
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(RMLS) of Minnesota, Inc distributed by MLS GRID. 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.
Positive Realty | Keith Schwankl is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Keith Schwankl, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at Sep 14 2025 10:21PM.