803 3rd Avenue NE, Mandan, ND 58554

$879,000
16
BD
8
BA
8,058
SqFt

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List Price
$879,000
MLS#
4027524
Bedrooms
16
Full-baths
8
Sq. Ft
8,058
Acres
0.47
Year Built
1975
Neighborhood
Mandan City

Property Description

Take advantage of this opportunity to own an 8-unit multifamily investment property located at 803 3rd Ave NE in Mandan. The property offers a consistent and desirable unit mix, with all eight apartments featuring 2 bedrooms and 1 bathroom. Several of the units have received updates, while the remaining units provide an opportunity for a future owner to continue making improvements over time. One of the standout features of this property is the amount of garage space available. Each of the eight units has access to its own single-stall garage, an attractive amenity for tenants and especially valuable during North Dakota winters. In addition to the eight tenant garages, the property includes a separate double-stall garage currently used by the owner, providing additional space for maintenance equipment, tools, storage, or other property management needs. With eight similarly configured units, dedicated garage parking for every tenant, additional owner storage, and opportunities for continued improvements, this property offers a strong foundation for an investor looking to expand their multifamily portfolio. The combination of established rental units and potential for future value-add improvements makes 803 3rd Ave NE a property with both immediate utility and long-term potential. Conveniently located in Mandan with access to area shopping, dining, schools, employment, and other community amenities, this 8-unit property presents an excellent opportunity for both experienced multifamily investors and buyers looking to grow their real estate holdings.

Additional Information

Style
Apartment Style, Split Entry
Lot Size
20,626
Garage Spaces
10
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Trash Pickup - Public
Heating
Boiler
Middle School
Mandan
High School
Mandan High

Mortgage Calculator

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Calculator source: Real Geeks

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