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5-Unit Townhouse-Style Apartment Building
For Sale
$755,000

199 Prairie Drive, Stanley, ND 58784

Two-story residences feature attached garages, in-unit laundry, and kitchens equipped with major appliances.

Property SizeContact for details
Days on Market52

Property Features for 199 Prairie Drive

General Information

Standard status Active

Units

Unit Mix 2 x 2BR/2.5BA, 2 x 3BR/3.5BA, 1 x 4BR/3.5BA
Multifamily Units 5

Amenities

in-unit laundry
fully equipped kitchen

Building Details

Stories 2
Construction townhouse-style
Listing Agency: Realty One Group Caliber
Listed By: Theda C Durham
Source: Hunterroll
Added: Sep 5 Changed: Oct 14 Last Checked: Oct 24 at 4:47PM

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 Realty One Group Caliber

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Investment Insights

Based on property information with market context.

This multifamily property comprises five townhouse-style residences arranged across two-story floor plans. The unit mix includes two 2-bedroom, 2.5-bath residences, two 3-bedroom, 3.5-bath residences, and one 4-bedroom, 3.5-bath residence. Each unit includes an attached oversized garage, in-unit laundry, and a fully equipped kitchen with major appliances. The property is described as well maintained and is located at 199 Prairie Drive on the outskirts of Stanley, North Dakota.

Key Highlights

  • Five townhouse‑style apartment units
  • Unit mix includes two 2‑bedroom, 2.5‑bath units, two 3‑bedroom, 3.5‑bath units, and one 4‑bedroom, 3.5‑bath unit
  • All residences feature two‑story layouts

Property Analytics

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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

205
Businesses Nearby

Demographics for 58784, ND

3,013
Population
1,339
Households
2.3
Avg Household Size
36
Median Age
23%
College-Educated
90%
High-School Grad
351.3 sq mi
ZIP Area
9
Density / Sq Mi
$107,321
Median Household Income
$53,136
Median Earnings
$1,125
Median Rent
$253,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two-story residences feature attached garages, in-unit laundry, and kitchens equipped with major appliances.
Where is this apartment building located?
The property is located at 199 Prairie Drive Stanley, ND.
What is the asking price?
The asking price for this property is $755,000.
What are key features of this property?
This property features: Five townhouse‑style apartment units; Unit mix includes two 2‑bedroom, 2.5‑bath units, two 3‑bedroom, 3.5‑bath units, and one 4‑bedroom, 3.5‑bath unit; All residences feature two‑story layouts
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