House Description

Strong income-producing 4-plex opportunity in a central Bismarck location. This property at 319 N 13th St offers a solid mix of stability and upside, featuring four 2-bedroom, 1-bath units with practical layouts that continue to attract long-term tenants. The building is fully leased with a current monthly income of $3,825, providing immediate cash flow from day one. Recent improvements have been completed in three of the units, including updated flooring, paint, and select appliances, helping modernize the interiors and reduce near-term maintenance needs. A newly added coin-operated laundry area enhances tenant convenience while generating additional revenue. Positioned just minutes from downtown, tenants benefit from quick access to shopping, dining, schools, and public transit. With a strong rental history, recent updates, and a desirable in-town location, this property presents a reliable and well-positioned investment opportunity.

Highlights

Listed by Nathan A Engh , 701-202-6136 Realty One Group - Encore , 701-751-7040. Great North MLS

Property Type

Residential

Lot/Acreage

0.17

Year Built

1983

County

Burleigh

Area

Bismarck City

Listing ID

4024776

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Interior Features

Bedrooms and Bathrooms

▪ Bedrooms:8
▪ Bathrooms:4
▪ Full Bathrooms:4

Appliances:Disposal, Dryer, Range, Refrigerator, Washer

Air Cond:Wall/Window Unit(s)

Fireplaces:

Floor:Vinyl,Carpet,Laminate,Linoleum

Above Ground Sq Ft:1820

Below Ground Sq Ft:1820

Basement:Concrete,Egress Windows,Finished,Partial

Other:Public

Payment Calculator

Payment Breakdown

Principal Interest

$922

Taxes

$352

Home Price

$415,000

Home Price

Loan Details

30 yrs

Interest Rate

Loan Type

Down Payment

20%

$83,000

Down Payment

Down Payment %

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Monthly Price:

$922.22

Principal

Taxes