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Remodeled Quadplex
For Sale
$350,000
Pending

117 3rd Street, Center, ND 58530

Four-unit apartment property with updated interiors, building systems, exterior finishes, parking, and storage improvements.

Property Size9,800 SF
Days on Market629

Property Features for 117 3rd Street

General Information

Standard status Pending
Size 9,800 SF
Property subtype Multi Family

Additional Details

Asking Price $1,050,000
Multifamily Units 12

Taxes and HOA fees

Annual Taxes $654

Amenities

storage units

Building Details

Year Built 1970
Buildings 3
Listing Agency: Paramount Real Estate
Listed By: Julianne L Horntvedt · License #10452
Source: Exitrealty
Added: Dec 10, 2024 Changed: Aug 30 Last Checked: Aug 30 at 1:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Paramount Real Estate

Investment Insights

Based on property information with market context.

Built in 1970, this four-unit apartment building is part of a three-property package that totals 12 units in Center, ND. Each building includes three two-bedroom, one-bath apartments and one one-bedroom, one-bath apartment, with a consistent remodeled finish across the package. The units are shown vacant in the available photographs.

Recent work includes new windows, siding, exterior doors, gutters, soffit, fascia, roofs, and apartment A/C units. Interior improvements include paint, flooring, trim, doors, kitchen cabinetry, appliances, vanities, and toilets. Electrical upgrades include breaker panels, outlets, switches, LED lighting, dual electric water heaters, and electric heating equipment. The 218 building also has new bathtubs and water lines.

The properties at 117 3rd Street, 217 Lakota Ave, and 218 Lakota Ave are next to one another, supporting centralized management and maintenance. The site includes two exterior storage units, repaired asphalt parking, and wiring work for a camera system.

Key Highlights

  • Three‑building package totaling 12 apartment units
  • Each building has three 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
  • Exterior upgrades include windows, siding, doors, gutters, soffit, fascia, roofs, and A/C units

Property Analytics

Current Use

Quadplexes

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 58530, ND

1,268
Population
542
Households
2.3
Avg Household Size
47
Median Age
26%
College-Educated
95%
High-School Grad
338.4 sq mi
ZIP Area
4
Density / Sq Mi
$89,375
Median Household Income
$51,905
Median Earnings
$725
Median Rent
$186,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit apartment property with updated interiors, building systems, exterior finishes, parking, and storage improvements.
Where is this quadplex located?
The property is located at 117 3rd Street Center, ND.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Three‑building package totaling 12 apartment units; Each building has three 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit; Exterior upgrades include windows, siding, doors, gutters, soffit, fascia, roofs, and A/C units
More about this property
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