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Mott 8-Unit Townhouse Complex
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407 & 409 Millionaire Ave, Mott, ND 58646

8-unit apartment complex with long-term tenants in place.

Property Size1,060 SF
Price / SF$778.30
Days on Market83

Property Features for 407 & 409 Millionaire Ave

General Information

Standard status Active
Size 1,060 SF
Property subtype Mixed Use

Building Details

Year Built 2012
Listing Agency: Pifer's Auction & Realty
Listed By: Alison Pierce
Source: Crexi
Added: May 22 Changed: Aug 8 Last Checked: Aug 10 at 4:58AM

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 Pifer's Auction & Realty

Investment Insights

Based on property information with market context.

Located in Mott, North Dakota, Timber Creek Townhouses at 407 & 409 Millionaire Ave is an 8-unit apartment complex designed for low-maintenance living. Each one-story townhome features 1,060 square feet of living space with no steps. Each unit includes 2 bedrooms, 1.5 bathrooms, and an open-concept layout with a living room, dining area, and kitchen. The kitchens are finished with solid oak cabinetry, a center island, and a full appliance package including a stove, refrigerator, microwave, dishwasher, garbage disposal, and washer/dryer combo. Residents have natural gas heat, central air conditioning, and an attached 308-square-foot insulated garage with a garage door opener and step-free entry. The primary bathroom features a 5-foot walk-in shower with a corner bench. In addition to the 8 residential units, the property includes a 9th bonus unit currently utilized as additional garage and storage space, complete with a 3/4 bathroom. This space offers flexibility for maintenance operations, extra tenant storage, workshop use, or conversion into an additional small rental unit. Outdoor amenities include a private 8' x 10' patio with privacy wall, a shared courtyard, and front lawns equipped with automatic sprinkler systems. The property has an excellent rental history with long-term tenants already in place.

Key Highlights

  • Stable investment: 8‑unit apartment complex with long‑term tenants and excellent rental history.
  • Low‑maintenance living: One‑story townhomes with private patios, shared courtyard, and automatic sprinkler systems.
  • Accessibility and Convenience:** Step‑free entry and a 5‑foot walk‑in shower with corner bench. Attached insulated garage with garage door opener.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Bakery Garden Center (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

119
Businesses Nearby

Demographics for 58646, ND

1,083
Population
660
Households
1.6
Avg Household Size
53
Median Age
22%
College-Educated
90%
High-School Grad
574.0 sq mi
ZIP Area
2
Density / Sq Mi
$54,821
Median Household Income
$43,889
Median Earnings
$644
Median Rent
$86,300
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?
Apartment building - 8-unit apartment complex with long-term tenants in place.
Where is this apartment building located?
The property is located at 407 & 409 Millionaire Ave Mott, ND.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Stable investment: 8‑unit apartment complex with long‑term tenants and excellent rental history.; Low‑maintenance living: One‑story townhomes with private patios, shared courtyard, and automatic sprinkler systems.; Accessibility and Convenience:** Step‑free entry and a 5‑foot walk‑in shower with corner bench. Attached insulated garage with garage door opener.
(701) 523-7366 Call to check price and availability
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