$350,000
218 Lakota Avenue N
Center, ND 58530
MLS# 4017583
7 beds  |  4 baths  |  9800 sqft


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Property Description
Investment Opportunity: Three Cash-Flowing Apartment Complexes in a High-Demand Energy Hub. This 4-unit apartment complex is being sold as a package with 217 Lakota Ave and 117 3rd St for a total of 12 units in Center, ND. All three properties are located next to each other, offering a unique advantage for streamlined management and maintenance. Each building has 3-2 bedroom/1 bath units and 1-1 bed/1 bath unit per building. All buildings/units have been remodeled to look similar. Photos are of the vacant units. Exterior updates include: all new windows, siding, exterior doors, gutters, soffit, facia, roofs, and new a/c units per apartment. Wiring is being worked on for a camera system. There are 2 storage units outside with new vinyl and the parking lot was recently repaired with new asphalt. Other updates: new electrical circuit breaker panels, outlets and switches, LED lights. New dual electric water heaters, electric heating heaters, new A/C units. Interior updates: fresh paint, new flooring, baseboards, casings, doors, kitchen cabinets, appliances, vanities, toilets. In 218 building: new bathtubs and water lines Each building being sold for 350k, a bundle price of $1,050,000.

Details
Maps
Contract Information
List Price/SqFt: 35.71
List Price: $350,000
Current Price: $350,000
Date Listed: 2025-01-26
Remarks
Included: Washer/Dryers in each building. Stove, Refrigerator, dish washer.
Directions: 1-94 West, then take ND-25 N to Lakota Ave in Center.
Public Remarks: Investment Opportunity: Three Cash-Flowing Apartment Complexes in a High-Demand Energy Hub. This 4-unit apartment complex is being sold as a package with 217 Lakota Ave and 117 3rd St for a total of 12 units in Center, ND. All three properties are located next to each other, offering a unique advantage for streamlined management and maintenance. Each building has 3-2 bedroom/1 bath units and 1-1 bed/1 bath unit per building. All buildings/units have been remodeled to look similar. Photos are of the vacant units. Exterior updates include: all new windows, siding, exterior doors, gutters, soffit, facia, roofs, and new a/c units per apartment. Wiring is being worked on for a camera system. There are 2 storage units outside with new vinyl and the parking lot was recently repaired with new asphalt. Other updates: new electrical circuit breaker panels, outlets and switches, LED lights. New dual electric water heaters, electric heating heaters, new A/C units. Interior updates: fresh paint, new flooring, baseboards, casings, doors, kitchen cabinets, appliances, vanities, toilets. In 218 building: new bathtubs and water lines Each building being sold for 350k, a bundle price of $1,050,000.
Location
Sub Area: Outlying Towns ND NE
Street Number: 218
Street Name: Lakota
Street Type: Avenue
Street Direction Sfx: N
Area: Outlying Towns ND
State: ND
Zip Code: 58530
County: Oliver
Legal, Tax and Other Information
Taxes: 654
Tax Year: 2023
Specials Installment: 0
Specials Balance: 0
Pending Specials: No
Zoning: RM
Parcel ID: 25310000
Legal Description: Section: 0; Twp: 0; Rng: 0; Block: ; Lot: ; Deeded Acres: 0.000 LOT 1, N 40'' LOT 2 BLK 2 HAGEROTTS ADDITION
General Property Information
Lot SqFt: 12600
Lot Acres: 0.289
Lot Dimensions: 90x140
Total 1/4 Baths: 0
Total Half Baths: 0
Total 3/4 Baths: 0
Main Finished SqFt: 0
Upper Finished SqFt: 4900
Lower Finished SqFt: 4900
Basement Finished SqFt: 0
Finished Above Grade SqFt: 4900
Finished Below Grade SqFt: 4900
Garage: No
Fireplace: No
Accessibility Features: No
Association: No
Property Sub Type: Quadruplex
Year Built: 1970
Bedrooms Total: 7
Total Full Baths: 4
Total Baths: 4
Total Finished SqFt: 9800
Basement
None: 1
Cooling
Wall/Window Unit(s): 1
Heating
Electric: 1
Architectural Style
Apartment Style: 1
Construction Materials
Vinyl Siding: 1
Levels
Two: 1
Flooring
Laminate: 1
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Oven: 1
Refrigerator: 1
Washer: 1
Interior Features
None: 1
Listing Terms
1031 Exchange: 1
Conventional: 1
Exterior Features
None: 1
Lot Features
Rectangular Lot: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
Additional Parking: 1
Off Street: 1
Parking Lot: 1
Rooms
Bathroom 1: 1
Bathroom 2: 1
Bathroom 3: 1
Bathroom 4: 1
Status Change Info
Status: Active
Property Features
Basement: None
Architectural Style: Apartment Style
Levels: Two
Flooring: Laminate
Heating: Electric
Cooling: Wall/Window Unit(s)
Construction Materials: Vinyl Siding
Appliances: Dishwasher; Dryer; Electric Range; Oven; Refrigerator; Washer
Interior Features: None
Listing Terms: 1031 Exchange; Conventional
Exterior Features: None
Lot Features: Rectangular Lot
Parking Features: Additional Parking; Off Street; Parking Lot
Water Source: Public
Sewer: Public Sewer
Rooms: Bathroom 1; Bathroom 2; Bathroom 3; Bathroom 4
Room Information
Room Name Level
Bathroom 1Upper
Bathroom 2Upper
Bathroom 3Lower
Bathroom 4Lower

Listing Office: Paramount Real Estate

Last Updated: January - 01 - 2026

Information deemed reliable but not guaranteed.


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