202 5th St, Glen Ullin, ND 58631-7359
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 202 5th St
- Zone code
- ETZ
- Property type
- Commercial real estate
- APN
- 63-0376000
- APU
- 630376000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 3, 2026 | $705,000 | Roehrich Properties LLC | Abelseth Properties LLC | Warranty Deed | $529k · Gate City Bank |
| Dec 1, 2022 | $150,000 | Abelseth Properties LLC | Vault Entertainment Enterprises LLC | Warranty Deed | $113k · Gate City Bank |
| Jul 1, 2019 | $125,000 | Vault Entertainment Enterprises LLC | Vcz INC | Warranty Deed | — |
| Mar 15, 2012 | — | Vcz INC | Terry Sauer | Warranty Deed | — |
| May 5, 2009 | — | Terry Sauer | Midwest Housing Partners LLC | Warranty Deed | — |
| Jan 23, 2007 | — | Midwest Housing Partners LLC | Leslie Gee | Warranty Deed | — |
| Oct 5, 2005 | $90,000 | Leslie Gee | Lorraine Schirado | Warranty Deed | — |
Description
This well-maintained, 13-unit apartment building presents a compelling investment opportunity in Glen Ullin, North Dakota. Located at 202 5th St, this single-story, 1962-built property sits on a 0.65-acre lot and is zoned for commercial use. Currently, thirteen units are available, with one currently used as a shared laundry facility. This laundry facility could easily be relocated to existing storage space, creating an additional rental unit. Adding to the income potential, two units are successfully operated as short-term rentals, catering to seasonal workers and travelers. The building boasts various updates and amenities, attracting both long-term and short-term tenants. This property offers a strong net operating income (NOI) and flexibility in rental options, ensuring stable cash flow and potential for growth. The high demand for housing from seasonal workers in the area further enhances the investment appeal. This is a unique chance to acquire a profitable multifamily property in a growing market. The property's location in Morton County, zip code 58631, provides easy access to local amenities and services. This turnkey operation is ready for a new owner to capitalize on its existing success and further expand its potential.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Glen Ullin
- County
- Morton
- State
- North Dakota
- Longitude
- -101.836
- Latitude
- 46.8144
- CBSA code
- 13900
- CBSA name
- BISMARCK, ND METROPOLITAN STATISTICAL AREA
