401 3rd St Riverdale, ND 58565
Estimated payment $5,471/month
Highlights
- Cooling System Mounted To A Wall/Window
- Laundry Room
- Rectangular Lot
- Underwood High School Rated 9+
- Baseboard Heating
About This Home
Prime investment opportunity in Riverdale! MOTIVATED SELLERS!
This 9-unit apartment complex sits on nearly 2 acres, offering room to expand or develop. Featuring eight 2-bed, 1-bath units and one 1-bed, 1- bath unit, the property is currently rented to seasonal workers. In the past, it has attracted tourist, lake visitors, perfect for long-term or short-term rentals like Airbnb. With its historical charm blended with contemporary touches, this property offers a unique and inviting atmosphere. Nestled near Lake Sakakawea, this location provides endless outdoor recreation and strong rental demand. Especially with maintenance and improvement projects related to the Garrison Dam in the area. The spacious lot presents endless possibilities -expand the existing units, add additional rental options, or create a communal outdoor space to enhance guest experiences. Don't miss this chance to invest in a thriving lake community with unlimited potential!!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,960
Year Built
- Built in 1965
Lot Details
- 1.82 Acre Lot
- Rectangular Lot
Home Design
- Brick Exterior Construction
- Composition Roof
- Built-Up Roof
Interior Spaces
- 9,973 Sq Ft Home
- Window Treatments
- Laundry Room
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 17 Bedrooms
- 9 Full Bathrooms
Parking
- Additional Parking
- Off-Street Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
Community Details
- 83 0001 Original Townsite Subdivision
Listing and Financial Details
- Assessor Parcel Number 83-0001-00584-010
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,070 | $376,850 | $24,000 | $352,850 |
| 2023 | $16,342 | $24,000 | $24,000 | $0 |
| 2022 | $16,567 | $703,800 | $24,000 | $679,800 |
| 2021 | $16,607 | $703,800 | $24,000 | $679,800 |
| 2020 | $15,870 | $703,800 | $24,000 | $679,800 |
| 2019 | $16,774 | $703,800 | $0 | $0 |
| 2018 | $15,797 | $703,800 | $0 | $0 |
| 2017 | $15,494 | $703,800 | $0 | $0 |
| 2016 | $14,477 | $703,800 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2025 03/25/25 | For Sale | $999,999 | -- | $100 / Sq Ft |
Source: Bismarck Mandan Board of REALTORS®
MLS Number: 4018419
APN: 83-0001-00584-020
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