$129,000
$36K PRICE DROP

402 1st St Maddock, ND 58348

Estimated payment $793/month

Total Views 6,532
6 Beds
5 Baths
2,900 Sq Ft
$44 Price per Sq Ft

Highlights

  • Open Floorplan
  • Hot Water Heating System
  • Vinyl Flooring

About This Home

New Price! -- Discover this rare gem nestled in a peaceful and picturesque Maddock, ND, offering the perfect blend of small-town charm and smart investment potential. This well-maintained, 4-unit apartment building presents a fantastic opportunity for both seasoned investors and those looking to expand their portfolio. Property Highlights: 4 Spacious Units - Each unit offers comfortable living spaces, ideal for attracting reliable tenants. The 4 units consist of: 2bed/2bath, 2bed/1bath, 1bed/1bath, 1bed/1bath (plus den). Steady Income Potential - With multiple rental units, enjoy consistent cash flow in a sought-after rural community. Charming Location - Situated in a tranquil farm town, this property offers the perfect retreat from city life while still being conveniently accessible. Turnkey Investment - Whether you're seeking long-term tenants or short-term rental income, this property is ready to generate revenue. Why You'll Love It: Enjoy the slower pace of rural living with scenic views, friendly neighbors, and a welcoming community. With growing interest in countryside living, this multi-unit property is an outstanding opportunity for stable returns and future appreciation. Don't Miss Out! Schedule a viewing today and explore the potential of this charming 4-unit apartment building!

Listing Agent

Chase Freidig

Real Estate 7 Listed on: 03/21/2025

Property Details

Home Type

  • Apartment

Year Renovated

  • 2023

Lot Details

  • 7,000 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Open Floorplan

Kitchen

  • Oven
  • Laminate Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Kitchen in Basement

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Hot Water Heating System

Property Details

Home Type

Apartment

Year Renovated

2023

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Percent Basement Finished: Yes
  • FloorLaminate: Yes
  • FloorVinyl: Yes
  • HamletID: 0
  • HeatFuelElectric: Yes
  • HeatTypeHotWater: Yes
  • HeatTypeRadiant: Yes
  • KitchenCounterType: Laminate
  • LandRentAmount: 0
  • Number Of Stories: 2
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Maddock
  • Prop. Type: Multi-Unit (2-4)
  • RenovationComments: Updated flooring, replaced kitchen cabinets, repainted.
  • Renovation Year: 2023
  • ResidentialStyle: Apartment
  • RoofMetal: Yes
  • SForSaleAndRForRental: S
  • SidingBrick: Yes
  • USStateAbbreviation: ND
  • WallWindowAC: Yes
  • WaterSourceType: Municipal
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Renovated: 2023

Interior Features

  • ApplianceDryer: Yes
  • ApplianceOven: Yes
  • ApplianceRefrigerator: Yes
  • ApplianceWasher: Yes
  • BasementKitchen: Yes
  • Basement Type: Full
  • Kitchen Type: Open
  • Fireplaces: 0
  • AboveArea Sq Ft: 2900

Exterior Features

  • Construction Type: Masonry - Brick

Garage/Parking

  • AttachedParking: 0
  • Numberof Garage Spaces: 0

Utilities

  • Sewer Type: Municipal

Condo/Co-op/Association

  • Units in Building: 0

Lot Info

  • Lot Size Sq Ft: 7000
  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 6
  • Total Taxes: 0

Tax Info

  • Tax Year: 0

Map

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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2025 09/02/25 Price Changed $129,000 -7.9% $44 / Sq Ft
08/04/2025 08/04/25 Price Changed $140,000 -6.7% $48 / Sq Ft
06/23/2025 06/23/25 Price Changed $150,000 -9.1% $52 / Sq Ft
03/21/2025 03/21/25 For Sale $165,000 0.0% $57 / Sq Ft
02/10/2025 02/10/25 Off Market $550 -- --
01/10/2025 01/10/25 For Rent -- -- --
10/08/2024 10/08/24 Off Market $550 -- --
08/01/2022 08/01/22 For Rent $550 0.0% --
01/16/2020 01/16/20 Sold -- -- -- View Prior Sale
11/08/2019 11/08/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $40,000 -- $27 / Sq Ft
Source: My State MLS

Source: My State MLS

MLS Number: 11455350

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