Multifamily

Underwood, ND Multifamily Properties for Sale

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Washburn, ND Turtle Lake, ND Garrison, ND Stanton, ND Hazen, ND
Four-Unit and Duplex Portfolio
Updated: Jun 15
Four-Unit and Duplex Portfolio

705 & 707 Main Street, Underwood, ND 58576

$899,000
9,824 sqft
Four‑residence rental portfolio package: 705 Main St, 707 Main St, 708 1st St and 104 Stewart Ave
Includes two fourplexes with 2‑bedroom, 1‑bath units and common laundry
Includes two duplexes with 1‑bedroom, 2‑bath units and individual in‑unit laundry
Total of 20 bedrooms and 16 total bathrooms (12 full, 4 half)
Year built 1975
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Underwood, ND, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Heated Shop with Rental Apartments
Heated Shop with Rental Apartments

1595 NW 40th Ave., Garrison, ND 58540

Contact for pricing
12,480 sqft

Heated 100' x 80' shop with multiple overhead doors, plus two upstairs rental apartments above leased office space.

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Duplex in R2 Zoning
Duplex in R2 Zoning

536 2nd St lot: 536-546 2Nd St Ne Garrison, Garrison, ND 58540

$180,000
1,936 sqft 0.32 AC lot

Duplex on a 0.32-acre lot zoned R2, built in 1946, with multiple bedrooms and two bathrooms.

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Downtown Medical Office Building
Downtown Medical Office Building

104 Main Street W, Mandan, ND 58554

$235,000
7,325 sqft

Medical office building with open front lobby, multiple offices, and two upper-level apartments with alley access.

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All-Age Mobile Home Park
All-Age Mobile Home Park

1008 1st St SE, Mandan, ND 58554

Contact for pricing
5.00 AC lot

All-age community with 34 rental units on all city services, including 33 mobile home sites and one 3-bedroom home.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waterfront Land with Boat Lift
Waterfront Land with Boat Lift

21425 Sunset Trail, Lake Preston, SD 57249

$193,800
0.46 AC lot

Lake Thompson lake lot with on-site utilities and a Hewitt boat lift for convenient seasonal boating and fishing.

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Alexandria Lakeshore Property with Rental Opportunity
Alexandria Lakeshore Property with Rental Opportunity

5950 County Road 8 NW, Alexandria, MN 56308

$798,500
15.62 AC lot

Lakeshore property with rental cabins and RV sites near Alexandria.

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Land for Multi-Family Housing
Land for Multi-Family Housing

1610 7th Avenue E, Alexandria, MN 56308

$249,900
2.16 AC lot

2.16 acre lot zoned for multi-family housing development.

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Residential Land in Lakes Country
Residential Land in Lakes Country

30371 Old Sunset Drive, Laporte, MN 56461

$109,900
10.00 AC lot

10 acres near lakes with well, septic, and electric.

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Underwood, ND Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Underwood, ND on our real estate platform. These investment opportunities span a total of 9,824 square feet of properties for sale, with an estimated market value of $899,000.

Sale prices for multifamily properties in Underwood, ND average $899,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1
Quadplexes 1

Demographics Overview

Population 1,005
Population Growth (5Y) +5.4%
Median Household Income $89,868
College Educated 25.0%

Taxes & Financing

Tax Rate (average for all types) 2.97%
Property Tax per SF $42.74 per SF
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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