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