USANDBismarck615-611-615 N 6Th St
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$1,500,000

For Sale

2 days ago

615 - 611-615 N 6 Th St, Bismarck, ND

MLS® 4027190

20 Bed

18 Bath

9574 sqft

1 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 9574 sqft
Garage Yes
Taxes $5,575
Days Active 1
Lot Size 0.16179999709129333 Acres
Approx. Age 1923
Avg. Price Per Sqft $156
MLS® Number 4027190

Property Address: 615-611-615 N 6th St, Bismarck, ND, 58501-3904

Average square foot calculated using Size range provided by listing agent.

Description

PACKAGE SALE! Rare 18-unit multifamily investment opportunity in central Bismarck! Offered at $1, 500, 000, this portfolio includes two adjacent apartment buildings. 611 N 6th features 5 units and 615 N 6th features 13 units, for a total of 18 units. A 20x12 detached garage is also on site for added storage. The properties have been under the same ownership since the early 1990s, with a history of stable occupancy, consistent maintenance, and numerous capital improvements. Current rents have intentionally been maintained below market, providing significant value-add potential for the next owner. The portfolio consists primarily of one-bedroom apartments, providing workforce housing in a convenient central Bismarck location near downtown, the State Capitol, major employers, healthcare/hospitals, shopping, restaurants, and public transportation. At the $1, 500, 000 offering price, the portfolio is priced at approximately $83, 333 per unit. Rent roll, utility history, tax statements, capital improvement records, lease information, financial documentation, and operating expense history are available for due diligence.
MLS® Number4027190
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1618
Exterior
GarageYes
Approx. Age1923
BasementSee Remarks
DrivewayOn Street, Unassigned
Garage Spaces1
HeatForced Air, Boiler, Natural Gas
A/COther

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 18, 2026List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
611-615 N 6 Th St, Bismarck, ND

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