c.1898 Two Bedroom North Dakota Starter Home $40K

OHU50K Notes $40,000

c.1898 Two Bedroom North Dakota Starter Home. Less than 2 blocks to 2 different parks.

Realtor Comments

Check out this affordable, charming home! This cute one in a half story home has so much classic charm! With one bedroom, one bathroom and a spacious half story, this home is move in ready! With updated vinyl flooring, original hardwood flooring and built in drawers/shelves it has just the right amount of character! All appliances included-refrigerator, oven, microwave, washer, dryer and air conditioning unit, updated roof, some updated windows, a secluded backyard that makes for a peaceful setting. Whether you’re looking for a rental investment, hunting bungalow, employee housing, a starter home or a place to downsize, this property checks all of the boxes and is move in ready! Call or text today to set up an appointment to see this cute property!

1 bed
1 bath
778 sqft
7,405 sqft lot
Build date 1898
Samantha Berntson 701-572-5560,

Basin Brokers Realtors 701-572-5560

If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

507 1st St SE, Crosby, ND 58730 $40,000

Contact Realtor: Samantha Berntson – Basin Brokers Realtors 701-572-5560
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Pros

1. Affordable housing & lower cost of living

Median property value: ~$111,800 and homeownership rate ~65.3% in 2023.
The housing market has homes significantly cheaper than many parts of the U.S. national average.
A low poverty rate in recent data: ~2.8% of residents below the poverty line (2023).
The commute is very short: average commute ~9.3 minutes.

2. Small‐town community, less congestion, with a calm lifestyle

With a population just over ~1,100 people, Crosby is very small, offering a peaceful, tight‐knit community feel.
The city also appears to have relatively low crime rates according to some sources: “one of the lowest in the US” for overall crime in a certain measurement.
The city is the county seat of Divide County and offers local amenities like recreation series, historical sites.

3. Proximity to outdoors and nature, unique local character

The region offers access to open space, prairie views, and is noted in tourism guides for its historical buildings and rural character.
For someone who likes the idea of rural living, fewer crowds, and nature close by, this is appealing.

Cons

1. Very small population / limited scale of amenities

The small size means fewer shopping, dining, entertainment, cultural options than in larger towns or metros. For example the “Amenities” category is flagged as weak in livability ratings:

“A majority of amenities are not ideally situated within a reasonable walking distance…”
One review on Niche notes:

“Incredibly small … It is difficult to make friends if you weren’t born here.”
The small scale also means fewer job types and possibly fewer specialty services.

2. Economic/employment and demographic challenges

Educational attainment is lower than national average: e.g., percentage of adults with bachelor’s degree is quite low.
Population growth is modest or negative in some periods: e.g., −5.7% over five years per one data source.
While median household income in some sources is higher (~$80,000 in 2023) for Crosby, other sources show much lower incomes or older data—so economic stability may vary.
Fewer job opportunities in some specialized fields compared to much larger cities.

3. Limited diversity & possibly less “urban” amenities

The racial/ethnic make-up is skewed: ~89.0% White in 2020.
For people who prefer very diverse social environments or broad cultural exposure, it may feel limited.
Public transit is minimal or nonexistent; amenities may require driving.

4. Geography & climate trade‐offs

Northern North Dakota means harsh winters, significant snow, cold temperatures and short growing season (average growing season ~132 days).
Rural infrastructure and remote location may mean longer trav