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232 3rd Ave SE, Mayville, ND, 58257

7beds
5baths
2,643sqft
$170,000
$64price/sqft
$1,293/moest. monthly cost
$51,720/yrincome needed

About This Home

Perfectly positioned just steps from Mayville State University, this converted multi-unit home offers a rare opportunity for investors, parents of students, or anyone looking to own a high-demand rental property in the heart of Mayville. Originally a single-family residence, the home has been divided into four apartments, each with its own living space, kitchen access, bathroom, and bedroom.

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

7/10
6/10
4/10
May-Port CG High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Age Over 8 Years
  • Construction materials: Block,Stone

Type & Style

  • Home type: MultiFamily
  • Property subType: Apartment

Interior

Appliances

  • Laundry features: None

Basement

  • Has basement: Yes
  • Basement: Block,Other,Partial,Shared Access,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,643

Heating

  • Heating features: Baseboard

Interior Area

  • Total structure area: 3,579
  • Total interior livable area: 2,643 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 27000206698001
  • Zoning description: Residential-Single Family
  • Foundation area: 1460

Features

  • Levels: More Than 2 Stories
  • Pool features: None

Lot

  • Lot size: 0.32 Acres
  • Lot size dimensions: 140 x 100

Parking

  • Total spaces: 1
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormVery High
  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Ice Storm
Winter Weather
Hail
Strong Wind
Tornado
Cold Wave
Inland Flooding

FEMA Declared Disasters Across North Dakota Counties

Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $859$10,308
Home Insurance $136$1,632
Property Taxes $128$1,536
Electricity $170$2,050
Total$1,293$15,516

Income You'd Need if You Spent...

35% on housing$44,331/yr
40% on housing$38,790/yr
45% on housing$34,480/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$64This listing

vs Other Active Listings

Avg $/sqft

ZIP 58257$67
Traill County$91

vs Homes Sold Last Month

Median $/sqft

ZIP 58257
Traill County$107

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-12Listed for sale$170,000
2023-12-22Sold--
2023-12-15Pending sale$145,000
2023-10-05Price change$145,000
2023-09-26Price change$149,900
2023-08-24Price change$154,900
2023-07-22Listed for sale$159,900
2021-07-19Sold--
2021-06-07Pending sale$119,900
2021-05-02Listed for sale$119,900
2021-04-13Listing removed--
2021-04-06Listed for sale$119,900
2018-08-31Sold--

For Sale by Agent

AgentMeghan Hovde
BrokerageValley Land Investments

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