211 2Nd Ave Mandan, ND 58554
This exceptional Mandan, North Dakota multifamily property, located at 211 2nd Ave NE, 58554, presents a lucrative investment opportunity. Priced at $244,900, this property currently generates a monthly rental income of $1,750, with tenants responsible for all utilities. The entire property has undergone a complete top-to-bottom remodel, boasting brand new electrical, plumbing, and HVAC systems. Currently configured as a single-family home, the property's layout is easily adaptable to function as a duplex, significantly increasing its rental potential and return on investment. Situated in Morton County, this property offers convenient access to local amenities and boasts a prime location at latitude 46.8286913 and longitude -100.8876255. Potential buyers are advised to independently verify property taxes, special assessments, and the total square footage. This is a fantastic opportunity for investors seeking a strong cash flow and the potential for future growth. Don't miss out on this well-maintained, remodeled property with significant upside.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.