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105 12th St SE, Cooperstown, ND 58425

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For Sale

$629,000

24 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

Explore this Property

Check out this 24-unit, all ground-level apartment complex located on the edge of town, just a short walk from local amenities. The property features all one-bedroom units, each offering both a private exterior entrance and interior hallway access, providing convenience and privacy for tenants. Hallways and units are fully handicap accessible, making the building suitable for a wide range of residents. Several units have been updated over time, adding to the property's overall appeal. Tenants enjoy off-street onsite parking, plus a one-stall detached garage ideal for additional storage. Inside, the complex offers a spacious community room complete with a kitchen and lounge area-perfect for gatherings and activities. A coin-operated laundry facility adds valuable onsite convenience. Financial highlights include current rents at $475/month with room for increases, a 7% cap rate, and 17 of 24 units currently occupied, presenting strong income with clear upside potential. Whether you're expanding your portfolio or looking for a stable income-producing property, this complex offers an excellent opportunity in a great location.
MLS# 11610297

Courtesy Of VORLAND LAND COMPANY

(701) 947-5626

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick, Vinyl Siding
  • Floor Covering
    Carpet, Linoleum, Vinyl
  • Heating System
    Baseboard
  • Lot Size
    2.72 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 105 12th St SE, Cooperstown, ND 58425

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) 252-0392
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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  • Private Mortgage Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.