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21 5th Ave SE, Mayville, ND 58257 For Sale

SS
ND North Dakota 10373, MN 40737689
Swann Real Estate
Listed by Swann Real Estate
$987,000
17 days on market
Updated 1 day ago

18 units / Mayville / Portland North Dakota

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 15,618
Units 18
Tenancy Multi
Brand/Tenant Strong Muiti-Family Demand Community
Price per SqFt $63
Class B
Year Built 1980
Buildings 4
Lot Size (SqFt) 46,978
Zoning Multi-family Commercial
Parking Spaces 3 per unit
Ownership LLC
Sale Condition For sale by owner

Multifamily | 18 Units | $54,833/unit

Marketing description

Investment Property Portfolio presents a compelling multifamily acquisition opportunity across Mayville and Portland, North Dakota. Offered at $987,500, this income-producing package includes 803 7th Street, Portland, ND 58274 (4-plex), 21 5th Avenue, Mayville, ND 58257 (6-plex), 48 2nd Avenue, Mayville, ND 58257 (4-plex), and 610 7th Avenue, Portland, ND 58274 (4-plex), totaling 18 units across four buildings. This portfolio stands out with no current vacancies, offering immediate cash flow from day one. Positioned in two established communities, the properties provide diversified location exposure while benefiting from steady renter demand in the surrounding market. Ideal for investors seeking a scalable multifamily asset in a proven rental environment, this offering combines occupancy strength. A rare chance to acquire a stabilized 18-unit portfolio with built-in momentum and long-term upside.

Investment highlights

Great Investment Property!! Over $11,500 per month in rental revenue!!

4 Properties, Total of 18 Units

1.) 21 5th Ave. Mayville, ND

2.) 48 2nd Ave. Mayville, ND

3.) 7th St Portland, ND

4.) 803 7th St Portland, ND

**A Quick 60 Mile Drive from Fargo.

Information has been secured from available information and should be verified by interested parties.

Listing Contacts

SS
ND North Dakota 10373, MN 40737689
Swann Real Estate
Listed by Swann Real Estate

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Additional Information

Name
Shelly Schreiner
License
North Dakota 10373
Brokerage
Swann Real Estate
Brokerage Phone
701-232-9444
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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