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    402 1St St Maddock, ND 58348

    For Sale
    $129,000

    Multi-Unit (2-4), Apartment - Maddock, ND

    Property size:
    2,900 SF
    Days on Market:
    95
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 402 1St St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    100
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen
    Bedrooms
    6
    Bathrooms
    5
    APN
    44-0001-10483-000
    Parking features
    Garage
    Basement Y/N
    1
    Appliances
    Dryer, Refrigerator
    Size
    2,900 SF

    Utilities

    Heating system
    Electric (Heating), Radiant

    Building Details

    Floors in Building
    2
    Flooring type
    Laminate, Vinyl
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

    Real Estate 7 (701) 662-7171

    Listing agent Chase Freidig (701) 662-7171

    Listing date Sep 2, 2025

    MLS# 11455350 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Maddock Four-Unit Apartment Building

    Located in Maddock, North Dakota, this four-unit apartment building offers an investment opportunity in a rural community. The property includes four units: two 2-bed/2-bath units, one 2-bed/1-bath unit, and one 1-bed/1-bath unit with a den. The building provides steady income potential in a sought-after rural community. Situated in a tranquil farm town, the property offers a retreat from city life while remaining conveniently accessible. The 2,900 square foot property is a turnkey investment, suitable for long-term tenants or short-term rental income. The location offers scenic views, friendly neighbors, and a welcoming community. The multi-unit property presents an opportunity for stable returns and future appreciation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Spa & Massage Auto Repair Shop Hair Salon Wholesale Shop Nail Salon Pharmacy Hotel & Motel Auto Parts Store Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Maddock
    County
    Benson
    State
    North Dakota
    Longitude
    -99.52838
    Latitude
    47.962389

    FAQs

    What type of property is this?
    Quadplex - Four-unit apartment building in a tranquil North Dakota farm town.
    Where is this quadplex located?
    The property is located at 402 1St St Maddock, ND.
    What is the asking price?
    The asking price for this property is $129,000.
    What are key features of this property?
    This property features: - Steady income potential from 4 rental units in a sought-after rural community.; - Turnkey investment property ready to generate revenue with long-term or short-term rentals.; - Four spacious units: 2bed/2bath, 2bed/1bath, 1bed/1bath, 1bed/1bath (plus den).
    (701) 662-7171
    Request Owner's contact information
    402 1St St Maddock, ND 58348
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    Maddock, ND 58348
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    402 1St St Maddock, ND 58348
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