$999,999
401 1/2 3rd Street
Riverdale, ND 58565
MLS# 4018419
17 beds  |  9 baths  |  9973 sqft


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Property Description
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!!!

Details
Maps
Documents
Contract Information
List Price/SqFt: 100.27
List Price: $999,999
Current Price: $999,999
Date Listed: 2025-03-25
Remarks
Included: Shared coin operated Washer/Dryer All 9 units kitchen appliances, along with all existing furniture and furnishings.
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.
Public Remarks: 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!!!
Location
Sub Area: Outlying Towns NW
Street Number: 401 1/2
Street Name: 3rd
Street Type: Street
Area: Outlying Towns
State: ND
Zip Code: 58565
County: McLean
Subdivision: 83-0001 ORIGINAL TOWNSITE
Legal, Tax and Other Information
Taxes: 2960.28
Tax Year: 2024
Specials Installment: 0
Specials Balance: 0
Pending Specials: No
Zoning: Urban/Commercial
Parcel ID: 83-0001-00584-010
Legal Description: LOT 4A BLK 12 (C/D)
Elementary School: Other
Middle School: Other
High School: Other
General Property Information
Lot SqFt: 79355.54
Lot Acres: 1.822
Lot Dimensions: 222.47*302.03*303.67*302
Total 1/4 Baths: 0
Total Half Baths: 0
Total 3/4 Baths: 0
Main Finished SqFt: 9973
Upper Finished SqFt: 0
Lower Finished SqFt: 0
Basement Finished SqFt: 0
Finished Above Grade SqFt: 9973
Finished Below Grade SqFt: 0
Garage: No
Fireplace: No
Accessibility Features: No
Association: No
Property Sub Type: Multi Family
Year Built: 1965
Bedrooms Total: 17
Total Full Baths: 9
Total Baths: 9
Total Finished SqFt: 9973
Basement
None: 1
Roof
Built-Up: 1
Composition: 1
Cooling
Wall/Window Unit(s): 1
Heating
Baseboard: 1
Architectural Style
Apartment Style: 1
Construction Materials
Brick: 1
Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Interior Features
Window Treatments: 1
Exterior Features
None: 1
Patio And Porch Features
# of Decks: 2
Lot Features
Rectangular Lot: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
Additional Parking: 1
Off Street: 1
None: 1
Rooms
Laundry: 1
Status Change Info
Status: Active
Property Features
Basement: None
Roof: Built-Up; Composition
Architectural Style: Apartment Style
Heating: Baseboard
Cooling: Wall/Window Unit(s)
Construction Materials: Brick
Appliances: Microwave; Range; Refrigerator
Interior Features: Window Treatments
Exterior Features: None
Lot Features: Rectangular Lot
Parking Features: Additional Parking; Off Street; None
Water Source: Public
Sewer: Public Sewer
Rooms: Laundry
Room Information
Room Name Level Remarks
LaundryMainShared Laundry Space

Listing Office: Paramount Real Estate

Last Updated: September - 23 - 2025

Information deemed reliable but not guaranteed.


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