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8-Unit Multifamily with In-Unit Laundry

209 2nd Street Southeast, Belfield, ND 58622

For Sale
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Eight apartments with washer/dryer hookups and individually metered utilities, plus garage parking for convenient resident living.

Property Size9,800 SF
Price / SF$81.53
Days on Market147

Property Features for 209 2nd Street Southeast

General Information

Standard status Active
Size 9,800 SF
Property subtype Multifamily

Building Details

Buildings 1
Units 8
Listing Agency: Aspen Group LLP
Listed By: Charles Reichert, CCIM · License ND #11466
Source: Crexi
Added: Jun 18 Changed: Nov 4 Last Checked: Nov 10 at 6:56AM

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 Aspen Group LLP

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Investment Insights

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This 8-unit multifamily property features four 2-bedroom, 2-bath apartments and four 3-bedroom, 2-bath apartments, providing a balanced mix for a range of household sizes. Each unit includes in-unit washer and dryer, baseboard heat, and its own hot water heater, with water and electric service individually metered per unit. The property also has eight single-stall garages and onsite parking, adding practical, everyday convenience for residents.

The building is located at 209 2nd Street Southeast in Belfield, North Dakota. The property is situated on a 0.401-acre lot and is positioned as a straightforward, manageable rental asset for long-term ownership.

For investors or owner-operators, the unit mix supports flexible leasing while tenant-focused in-unit laundry helps differentiate the homes day-to-day. Separately metered water and electric service can also simplify utility management compared with common-metered setups. With dedicated garage parking included, the property’s layout and amenities are designed for comfortable resident retention.

Key Highlights

  • 8‑unit multifamily property in Belfield, North Dakota with a 9,800 SF building on a 17,500 SF (0.401‑acre) lot
  • Unit mix includes four 2‑bedroom, 2‑bath apartments and four 3‑bedroom, 2‑bath apartments
  • In‑unit washers and dryers and individually metered water and electric service for each unit

Property Analytics

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Location Intelligence

Trade Area within ½ mile

104
Businesses Nearby

Demographics for 58622, ND

1,828
Population
874
Households
2.1
Avg Household Size
39
Median Age
22%
College-Educated
95%
High-School Grad
533.9 sq mi
ZIP Area
3
Density / Sq Mi
$77,778
Median Household Income
$41,979
Median Earnings
$1,087
Median Rent
$218,300
Median Home Value
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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 - Eight apartments with washer/dryer hookups and individually metered utilities, plus garage parking for convenient resident living.
Where is this apartment building located?
The property is located at 209 2nd Street Southeast Belfield, ND.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 8‑unit multifamily property in Belfield, North Dakota with a 9,800 SF building on a 17,500 SF (0.401‑acre) lot; Unit mix includes four 2‑bedroom, 2‑bath apartments and four 3‑bedroom, 2‑bath apartments; In‑unit washers and dryers and individually metered water and electric service for each unit
(701) 202-6935 Call to check price and availability
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