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402 1st Street, Maddock, ND 58348

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For Sale

$165,000

6 beds5 baths2,900 sqft

Estimated Payment

$ 849 /mo.

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $56.90
    Price per square foot

  • Basement
    Rooms

Explore this Property

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!
MLS# 11455350

Courtesy Of Real Estate 7

(701) 662-7171

Property Features

  • Appliances
    Dryer, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Laminate, Vinyl
  • Heating System
    Radiant
  • Roof Type
    Metal
  • Rooms
    Basement, Kitchen

Map and Directions

Directions to 402 1st Street, Maddock, ND 58348
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Home seller CENTURY 21 Morrison Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Morrison Realty

(701) 839-0021
Learn More About Us

Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $849
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $849

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Maddock Elementary School

Grades PK-8 Public School


Maddock, ND 58348 0.4 miles
909 1st st

99 total students
9:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Maddock High School 0.4 miles Public 9-12

Maddock High School

Distance: 0.4 miles

Type Public

Grades: 9-12

Local area information for Maddock, ND 58348

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Maddock, ND 58348

This community’s employment is highest in the administrative support and sales industries. The area’s overall household expenses are above the national average.

82° July
Hottest Average Month

-5° January
Coldest Average Month
288 Total Households in Area
26.3%
of households
have children
17 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Maddock, ND 58348

Maddock, ND 58348 has a population of 588 people in 288 households with a median age of 46.1 years old.

Down -2%
Decrease in population
since the year 2010

Population is Trending down
287
Total households as of 2010
Up
1.3%

Community Population By Age

Community Population By Ethnicity

White 95%
Native American 2%
Hispanic 2%
Other <1%
Black <1%
Asian <1%

Economics
for Maddock, ND 58348

2 /sq mi
Population Density
$61,840 /yr
Median Household Income
$62,481
Median Sales Price
17 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 75%
  • Walk or Bike 17%
  • Work from Home 8%
  • Public Transit 0%

Occupancy by Type

Owned 231 62%
Vacant 83 22%
Rented 57 15%

White vs Blue Collar Jobs







White Collar 79%
Blue Collar 21%

Family & Education Facts
for Maddock, ND 58348

46.1 Median Age

Average Household Size

2
persons per
household

54.9%

Married Households

Community Population By Education

High School Graduate 30%
Some College 19%
Associates Degree 19%
Bachelors Degree 17%
Some High School 9%
Graduate Degree 5%

Household Family Expenses vs National Average

26.3% of households have children

Weather
for Maddock, ND 58348

The weather for this area ranges from a high of 82° F in July to a low of -5° F in January

82° July
Hottest Average Month
-5° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
-5°
16°
Feb
1°
22°
Mar
14°
34°
Apr
29°
53°
May
41°
68°
Jun
51°
76°
Jul
56°
82°
Aug
53°
81°
Sep
43°
70°
Oct
32°
56°
Nov
17°
35°
Dec
3°
22°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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