221 8th Avenue SE, Mayville, ND 58257 (MLS# 7121090)

221 8th Avenue SE, Mayville, ND 58257

$1,000,000
Property Type: Commercial Bedrooms: 33 Baths: 18 Square Footage: 15,480 Lot Size (sq. ft.): 37,026 Status: Active
Current Price: $1,000,000 List Date: 8/04/2026 Last Modified: 9/09/2026

Overview

Description

This 18-unit apartment building in Mayville offers a strong investment opportunity within a stable, small-town rental market. The property is well-suited for both individuals and families seeking comfortable, practical living in a quiet residential environment. Units average approximately 860 square feet, providing functional layouts with ample living space. Residents benefit from on-site laundry, dedicated storage options, and a setting that emphasizes convenience and simplicity. Positioned near local schools, healthcare facilities, and everyday amenities, the property supports consistent tenant demand and long-term occupancy. With its blend of location, unit size, and essential features, this asset presents a dependable and accessible housing option in the Mayville community.

Listing Details MLS# 7121090

General Property Information

Lot Measurement
Acres
Management Company Name
Silverleaf Property Management
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1977
Yearly/Seasonal
Yearly
Zoning
Business/Commercial, Residential-Multi-Family
Foundation Size
15480
Garage Stalls
18
Management Company Phone
701-639-4188
For Sale or Lease
For Sale
Acres
0.85
Lot Dimensions
170x220x170x220
Assessment Pending
Unknown

Property Features

Accessible: None Air Conditioning: Wall Unit(s) Amenities Shared: Coin-op Laundry Owned Amenities Unit: Deck Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator Assumable Loan: Not Assumable Basement: None CMU Style: Apartments/Multi Family Construction Materials: Brick Construction Status: Previously Owned Current Use: Commercial Exterior: Brick/Stone Fencing: None Flooring: Carpet; Vinyl/Linoleum Foundation: Poured Concrete Fuel: Electric Heating: Baseboard Loan Terms: Cash; Conventional; Other Lock Box Type: Supra Lot Description: Irregular Lot On Site Utilities: Electric Separate; Heating Separate Pool Description: None Rental License Type: Other Road Frontage: City Street; Paved Streets; Sidewalks Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sewer: City Sewer/Connected Stories: Three Or More Unit 15: Total Bathrooms Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
1000000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
221
Street Name
8th
Street Suffix
Avenue
Street Direction Suffix
SE
Postal City
Mayville
County
Traill
State
ND
Zip Code
58257
Complex/Dev/Subdivision
Replat- Larson Add

Assessments

Assessment Balance
6211.92
Tax With Assessments
21493.42

Building Information

Building Finished SqFt
15480
Building SqFt
15480

More Information

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
FMR

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building

Unit 1

Unit Number
Yes
Monthly Rent
650
Full Baths
Yes
Total Bathrooms
Yes
Total Bedrooms
2
Unit Total SqFt
860
Leased?
Yes
Lease Expiration Date
2027-06-30
No. of 1 Bedroom Units
3

Unit 10

Full Baths
Yes
Lease Expiration Date
2026-11-30
Monthly Rent
600
Total Bathrooms
Yes
Total Bedrooms
Yes
Unit Number
10
Unit Total SqFt
860

Unit 11

Full Baths
Yes
Lease Expiration Date
2027-05-31
Leased?
Yes
Monthly Rent
726
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
11
Unit Total SqFt
860

Unit 12

Full Baths
Yes
Lease Expiration Date
2027-03-31
Leased?
Yes
Monthly Rent
670
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
12
Unit Total SqFt
860

Unit 13

Full Baths
Yes
Lease Expiration Date
2026-07-31
Leased?
Yes
Monthly Rent
730
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
13
Unit Total SqFt
860

Unit 14

Full Baths
Yes
Lease Expiration Date
2027-03-31
Leased?
Yes
Monthly Rent
730
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
14
Unit Total SqFt
860

Unit 15

Full Baths
Yes
Lease Expiration Date
2027-02-28
Leased?
Yes
Monthly Rent
730
Total Bedrooms
2
Unit Number
15
Unit Total SqFt
860

Unit 2

No. of 2 Bedroom Units
15
Full Baths
Yes
Lease Expiration Date
2026-12-31
Leased?
Yes
Monthly Rent
670
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
2
Unit Total SqFt
860

Unit 3

Full Baths
Yes
Lease Expiration Date
2026-09-30
Leased?
Yes
Monthly Rent
650
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
3
Unit Total SqFt
860

Unit 4

Full Baths
Yes
Lease Expiration Date
2027-02-28
Leased?
Yes
Monthly Rent
670
Total Bathrooms
Yes
Total Bedrooms
Yes
Unit Number
4
Unit Total SqFt
860

Unit 5

Full Baths
Yes
Lease Expiration Date
2026-12-31
Leased?
Yes
Monthly Rent
725
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
5
Unit Total SqFt
860

Unit 6

Full Baths
Yes
Lease Expiration Date
2026-06-30
Leased?
Yes
Monthly Rent
715
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
6
Unit Total SqFt
860

Unit 7

Full Baths
Yes
Lease Expiration Date
2027-06-30
Leased?
Yes
Monthly Rent
650
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
7
Unit Total SqFt
860

Unit 8

Full Baths
Yes
Lease Expiration Date
2027-07-31
Leased?
Yes
Monthly Rent
725
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
8
Unit Total SqFt
860

Unit 9

Full Baths
Yes
Lease Expiration Date
2027-03-31
Leased?
Yes
Monthly Rent
710
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
9
Unit Total SqFt
860

Unit Details

Total Units
18
IDX
Listing Office: RE/MAX Legacy Realty
Last Updated: September - 09 - 2026
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