2126 Washington Street, Bismarck, ND 58501

$980,000
22
BD
8
BA
9,582
SqFt

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List Price
$980,000
MLS#
4026360
Bedrooms
22
Full-baths
8
Sq. Ft
9,582
Acres
0.31
Year Built
1976
Neighborhood
Bismarck City

Property Description

Exceptional 8-Unit Multifamily Investment in North Bismarck Add a quality income-producing asset to your portfolio with this well-maintained 8-unit apartment building in a highly desirable North Bismarck neighborhood. Offering a combination of recent capital improvements and attractive tenant amenities, this property is positioned for long-term success. Significant updates include a newer roof and gutters, replacement windows, and an upgraded boiler system that helps improve efficiency and reduce maintenance concerns. Each of the eight detached garage stalls is equipped with its own automatic garage door opener, providing added convenience for tenants. Many of the apartments have been refreshed with modern flooring, updated lighting, fresh paint, and newer appliances, creating an inviting living space that appeals to today's rental market. Every unit also features in-unit laundry hookups--a valuable amenity that helps attract and retain quality tenants. Whether you're completing a 1031 exchange, adding to an established real estate portfolio, or purchasing your first multifamily investment, this property offers dependable income potential, strong rental appeal, and a location that continues to be in demand. Opportunities like this don't come along often in the Bismarck market.

Additional Information

Style
Apartment Style
Lot Size
13,600
Garage Spaces
8
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Trash Pickup - Public
Heating
Baseboard, Boiler

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Calculator source: Real Geeks

Listing courtesy of Nathan A Engh from Realty One Group - Encore