Pending

Contingent/Accepting B...

1914-2012 Divide Avenue E

Bismarck ND, 58501

$1,500,000


$140.29 per sqft

Pending

Contingent/Accepting B...

37 Beds

18 Baths

10,692 sqft

Multi-family

Built in 1972

Are you looking for an Amazing Investment Property that is in fantastic shape?

1914 DIVIDE AVE E (6-PLEX),
2004 DIVIDE AVE E (6-PLEX),
2012 DIVIDE E (6-PLEX) ALL INCLUDED WHAT A GREAT DEAL!
$185,700 approx. Yearly projected income in April of 2025, 99% is month-to-month leases & excellent tenants

Do not miss out on this 18-unit apartment complex for 55 or older people. It is one of the best investments you can make.

This complex includes three apartment buildings, 18 garage stalls, 18 off-street parking spaces, and a 20X30 shop with a 19-ft. door. Each unit has a full kitchen, a large living room, built-in closets, a display cabinet, two bedrooms, and a full bath. Unit one in 1914 changed the storage room into an additional non-conforming bedroom. Therefore, units 1 in 2004 and 2012 have substantial storage rooms. Other units have shared storage rooms.

The buildings have a brick maintenance-free exterior, are well maintained, and are pet-free.

The units have been updated with carpets, tile bathrooms, paint, appliances, and more (See attachment for additional information on each unit).

Each unit pays its own electrical bills and features 2 bedrooms, 1 full bathroom, a nice-sized living room, and a dining area. Coin-operated washers and dryers are included.

The unit is conveniently located close to healthcare, shopping, restaurants, DQ, the state capital, and more.

The apartment complex has an excellent rental history and is always fully occupied. The 18-plex is a significant investment; all 3 buildings are being sold together for a great price. Each building on RPR shows values on the rise for $702,000 (APPROX.) for each building and is increasing based on similarity, so this is one of the best investments with 100% occupancy.

For an additional information call an agent.

DON'T MISS OUT ON THIS INCREDIBLE INVESTMENT!

4008884

MLS ID

February 1, 2025

Listed

February 19, 2025

Updated

Interior Features

Bedrooms

37


Total Bathrooms

18


Full Bathrooms

18


Interior Features

Ceiling Fan(s), Security System, Window Treatments


Appliances

Dishwasher, Range, Refrigerator


Floor Description

Carpet


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

See Remarks, Boiler

Exterior/Building Features

Lot Size

0.84 Acres


Exterior Features

Other


Lot Features

Lot - Owned, Rectangular Lot


Architectural Style

Split Level, See Remarks


Roof

Flat


Sewer

Public Sewer

Other Property Details

Area Name

Bismarck City


Taxes

$16,387


Tax Frequency

Annually


Garage

Yes


Garage Spaces

19


Parking

Detached, See Remarks, Additional Parking, Assigned


View

No


County

Burleigh


Water Source

Public


Pool

No


Utilities

Sewer Connected, Water Connected, Trash Pickup - Public, Electricity Connected

Listing History

Date

Event

Price

2/13/2025

Pending

Listed by Tori Meyer with BIANCO REALTY, INC.
Listing Contact: 701-212-8931 

The IDX display contains information sourced from the Great North MLS as of 2/19/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2025 Great North MLS all rights reserved.

Data last updated on 2/19/2025 at 10:52 PM UTC

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