$146,000

405 2nd Street NE
Valley City, ND 58072
MLS# 25-339

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Property Description
Investor sale—income-producing triplex with 1-bed, efficiency, and 2-bed units. Strong rental history and professional management in place with option to continue. Ask about bundling with other properties for a larger investment package. Great opportunity to grow your portfolio. Owner/Agent.

Details

Contract Information

Current Price: $146,000

Property Name: 405 2nd St NE

Begin Date: 2025-04-15

Price: 146000

Owner/Agent: Yes

Location

Address #: 405

Street Name: 2nd

Street Suffix: Street

Street Direction Sfx: NE

County: Barnes

State/Province: ND

Postal Code: 58072

General Tax Legal

Parcel No.: 63-3471239

Year Built: 1894

Lot Size (SF): 6500

Lot Acres: 0.14

Status Change Info

Status: Active

Multi-Family Info

# Rental Units: 3

Efficiency Info

# of Efficiencies: 1

1 Bedroom Info

# of 1 Bedrooms: 1

2 Bedroom Info

# of 2 Bedrooms: 1

Investment Prop Info

Income: 18065

Management: 1083.9

Total Expenses: 7439.77

Net Operating Income: 10625.23

Property Features

Type: Investment Property; Multi-Family

Exterior: Vinyl

Foundation: Block

Heat System: Forced Air; Natural Gas

Listing Office: Trilogy Real Estate

Office Email: thalvo2814@gmail.com

Last Updated: May - 13 - 2025

405 2nd Street NE, Valley City, ND 58072 - MLS# 25-339

Information deemed reliable but not guaranteed.

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Founded in 2006, Kilbourne Group has a deep passion for urban spaces and an experienced understanding of how design and amenities can respond to today’s demand for walkable, mixed-use, urban cores in communities.

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