For SaleRisky Deal0 days on market
1011 5th St SW
1011 5th St SW, Minot, ND 58701, Minot, ND 58701
$248,000
Estimate®:$228,500
Listing Price
1011 5th St SW, Minot, ND 58701
Loc: Minot, ND
Days Listed
0
Tax Assessed
$183k
Estimate®
$229k
Market Rate
Lot Size
6,534 sqft
Rent Estimate
$1,564/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Edison Elementary School
PK-5
0.7 mi away
5
Jim Hill Middle School
6-8
0.1 mi away
6
Minot High School
9-12
0.4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storyvinyl sidingfront deckwhite railingsspacious lawnlandscapedcozysuburbanpaved drivewaytraditionalmature arborvitae
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.61%
Total ROI
59.0%
Cash Flow
$-335/mo
DSCR
0.74
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-335/mo net cash flow with a 4.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Minot, ND
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $248,000 | $149 |
| 2023-10-05 | Sold | $0 | – |
| 2023-09-21 | Pending sale | $199,900 | $120 |
| 2023-09-15 | Contingent | $199,900 | $120 |
| 2023-08-30 | Listed for sale | $199,900 | $120 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $0 | $183,000 |
| 2024 | $1,979.51 | $168,000 |
| 2023 | $2,061.96 | $132,000 |
| 2022 | $0 | $127,000 |
| 2021 | $1,691.43 | $118,000 |
| 2019 | $1,702.01 | $0 |
| 2018 | $1,773.22 | $56,000 |
| 2017 | $1,767.02 | $60,500 |
| 2016 | $1,478.57 | $66,000 |
| 2015 | $1,499.21 | $66,000 |
| 2014 | $1,499.21 | $63,500 |
| 2013 | $0 | $64,500 |
| 2012 | $0 | $57,450 |
| 2011 | $0 | $51,650 |
| 2010 | $0 | $49,050 |
| 2009 | $1,503.85 | $47,650 |
| 2008 | $1,725.11 | $45,500 |
| 2007 | $0 | $44,400 |
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