$999,999

401 3rd St Riverdale, ND 58565

Estimated payment $5,575/month

Total Views 5,600
17 Beds
9 Baths
9,973 Sq Ft
$100 Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Rectangular Lot
  • Underwood High School Rated 10
  • 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!!!

Listing Agent

Dana Oukrop

Paramount Real Estate License #10785 Listed on: 03/25/2025

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,960

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Architectural Style: Apartment Style
  • Directions: Heading west on Highway 200 into Riverdale, take a right on Tenth Street, West on Iowa Ave, South on Third St., East to Apartment, Drive through brown fence area.
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1965
  • Subdivision Name: 83-0001 ORIGINAL TOWNSITE
  • Above Grade Finished Sq Ft: 9973.0
  • Fireplace: No
  • Garage Yn: No
  • ResoWindowFeatures: Window Treatments
  • Appliances Refrigerators: Yes
  • Water Source Public: Yes
  • Sewer:Public Sewer: Yes
  • Rooms:Laundry: Yes
  • Cooling WallWindow Unit(s): Yes
  • Appliances Microwave: Yes
  • Architectural Style Apartment Style: Yes
  • Roof Composition: Yes
  • Roof:Built-Up: Yes
  • Special Features: None

Interior Features

  • Has Basement: None
  • Appliances: Microwave, Range, Refrigerator
  • Total Bedrooms: 17
  • Full Bathrooms: 9
  • Total Bedrooms: 1
  • Interior Features Window Treatments: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Type: Brick
  • Exterior Features: None
  • Lot Features: Rectangular Lot
  • Roof: Built-Up, Composition
  • Acres: 1.82
  • Exclusions: Tenants personal belongings
  • General Property Information:Accessibility Features: No
  • Construction Materials:Brick2: Yes
  • Lot Features:Rectangular Lot: Yes

Garage/Parking

  • Parking Features: None, Off Street, Additional Parking
  • Attached Garage: No
  • General Property Information:Garage: No
  • Parking Features:Additional Parking: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:None10: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Baseboard: Yes

Association/Amenities

  • General Property Information:Association: No

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Dimensions: 222.47*302.03*303.67*302
  • Lot Size Sq Ft: 79355.54
  • ResoLotSizeUnits: Acres
  • Parcel #: 83-0001-00584-010

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2960.28

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 For Sale $999,999 -- $100 / Sq Ft
Source: Bismarck Mandan Board of REALTORS®

Source: Bismarck Mandan Board of REALTORS®

MLS Number: 4018419

APN: 83-0001-00584-020