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Property profile & analytics
OFF-MARKET
Residential income homes

211 2Nd Ave Mandan, ND 58554

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Residential income homes
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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