$370,000
223 5th Avenue SE
Jamestown, ND 58401
MLS# 4020375
Status: Closed
4894 sqft


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Property Description
Investor Opportunity: Spacious Four-Plex Apartment Building! This well-maintained four-plex offers an excellent opportunity for both owner-occupants and investors. Each of the four units features two spacious bedrooms, an eat-in kitchen, a dedicated dining area, a generously sized bathroom, and a large walk-in closet in one of the bedrooms! Laundry facilities are located on each level and every unit includes its own garage stall for secure parking and storage. New shingles installed in June of 2025! Whether you're looking to expand your rental portfolio or live in one unit while renting the others, this four-plex is a solid investment in a strong rental market offering a seven percent cap rate. Don't miss your chance to own this income-generating property!

Details
Maps
Contract Information
List Price/SqFt: 78.67
Sold Price/SqFt: 75.6
Lease Terms: Other
Sold Price: $370,000
Current Price: $370,000
Date Listed: 2025-06-28
Remarks
Public Remarks: Investor Opportunity: Spacious Four-Plex Apartment Building! This well-maintained four-plex offers an excellent opportunity for both owner-occupants and investors. Each of the four units features two spacious bedrooms, an eat-in kitchen, a dedicated dining area, a generously sized bathroom, and a large walk-in closet in one of the bedrooms! Laundry facilities are located on each level and every unit includes its own garage stall for secure parking and storage. New shingles installed in June of 2025! Whether you're looking to expand your rental portfolio or live in one unit while renting the others, this four-plex is a solid investment in a strong rental market offering a seven percent cap rate. Don't miss your chance to own this income-generating property!
Location
Sub Area: Jamestown City SE
Street Number: 223
Street Name: 5th
Street Type: Avenue
Street Direction Sfx: SE
Area: Jamestown City
State: ND
Zip Code: 58401
County: Stutsman
Legal, Tax and Other Information
Taxes: 3982.85
Tax Year: 2024
Specials Installment: 488.77
Specials Balance: 2744.74
Pending Specials: No
Zoning: R2A
Parcel ID: 744254940
Legal Description: Mcginnis 2nd Addition, Block 24, Lots 11-12 &13.
General Property Information
Lot SqFt: 10150
Lot Acres: 0.233
Lot Dimensions: 72x140
Total Unfinished SqFt: 0
Finished Above Grade SqFt: 2447
Finished Below Grade SqFt: 2447
Garage: Yes
Garage Spaces: 4
Accessibility Features: No
Fee: No
Property Sub Type: Multi Family
Year Built: 1975
Total Finished SqFt: 4894
Utilities
Electricity Connected: 1
Fiber Optic Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
Trash Pickup - Public: 1
Business Type
Other: 1
Basement
Concrete: 1
Building Info
See Remarks: 1
Existing Lease Type
Other: 1
Roof
Shingle: 1
Cooling
Wall/Window Unit(s): 1
Heating
Boiler: 1
Architectural Style
Two-Story: 1
Construction Materials
Brick: 1
Levels
Two: 1
Flooring
Carpet: 1
Linoleum: 1
Foundation
Concrete Perimeter: 1
Encumbrances
See Remarks: 1
Listing Terms
Cash: 1
Exterior Features
Balcony: 1
Fencing
None: 1
Electric
Circuit Breakers: 1
Exterior Doors
Overhead Doors: 1
Lot Features
Corner Lot: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
Off Street: 1
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Tenant Pays
Electricity: 1
Fee Includes
None: 1
Included
Dishwasher: 1
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Amenities
Laundry: 1
Status Change Info
Status: Closed
Under Contract Date: 2025-11-15
Sold Date: 2025-12-18
Sold Price: $370,000
Property Features
Business Type: Other
Building Info: See Remarks
Existing Lease Type: Other
Cooling: Wall/Window Unit(s)
Heating: Boiler
Construction Materials: Brick
Roof: Shingle
Architectural Style: Two-Story
Levels: Two
Flooring: Carpet; Linoleum
Foundation: Concrete Perimeter
Basement: Concrete
Exterior Features: Balcony
Fencing: None
Electric: Circuit Breakers
Encumbrances: See Remarks
Exterior Doors: Overhead Doors
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Connected; Fiber Optic Connected; Natural Gas Connected; Sewer Connected; Water Connected; Trash Pickup - Public
Tenant Pays: Electricity
Fee Includes: None
Included: Dishwasher; Dryer; Range; Refrigerator; Washer
Road Frontage Type: City Street
Road Surface Type: Asphalt
Amenities: Laundry
Listing Terms: Cash
Lot Features: Corner Lot
Parking Features: Off Street

Listing Office: Century 21 Morrison Realty

Office Phone: 701-252-0392

Last Updated: December - 19 - 2025

Information deemed reliable but not guaranteed.