$510,000
1500 1st Avenue NW
Mandan, ND 58554
MLS# 4019578
Status: Closed
6936 sqft


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Property Description
Don't miss thie opportunity to own a fully occupied 6-plex in Mandan, ND! This turnkey property features six units, each offering 2 bedrooms and 1 bathroom—ideal for stable, long-term rental income. The current owner has a professional property management company in place, making this a true hands off and hassle free investment. Whether you're a seasoned investor or just getting started, this is a convenient property from day one. Located in a growing area with solid rental demand, this property is set up for continued success. With full occupancy and professional management already secured, all the work has been done for you. Call your agent to see it today!

Details
Maps
Contract Information
List Price/SqFt: 79.28
Sold Price/SqFt: 73.53
Sold Price: $510,000
Current Price: $510,000
Date Listed: 2025-05-20
Remarks
Directions: GPS is accurate.
Public Remarks: Don't miss thie opportunity to own a fully occupied 6-plex in Mandan, ND! This turnkey property features six units, each offering 2 bedrooms and 1 bathroom—ideal for stable, long-term rental income. The current owner has a professional property management company in place, making this a true hands off and hassle free investment. Whether you're a seasoned investor or just getting started, this is a convenient property from day one. Located in a growing area with solid rental demand, this property is set up for continued success. With full occupancy and professional management already secured, all the work has been done for you. Call your agent to see it today!
Location
Sub Area: Mandan City NW
Street Number: 1500
Street Name: 1st
Street Type: Avenue
Street Direction Sfx: NW
Area: Mandan City
State: ND
Zip Code: 58554
County: Morton
Legal, Tax and Other Information
Taxes: 7247
Tax Year: 2024
Specials Installment: 1608
Specials Balance: 6083
Pending Specials: No
Zoning: CA - Neighborhood Commercial
Parcel ID: 65-2150000
Legal Description: SUBDIV:MANDAN HEIGHTS 6TH BLK:1 W 65' OF LOTS 1 & 2 (2544)
General Property Information
Lot SqFt: 9100
Lot Acres: 0.209
Sub Type Details: Building Only
Lot Dimensions: 0
Total Unfinished SqFt: 0
Finished Above Grade SqFt: 6936
Finished Below Grade SqFt: 0
Accessibility Features: No
Fee: No
Property Sub Type: Multi Family
Year Built: 1977
Total Finished SqFt: 6936
Business Type
Other: 1
Cooling
Ceiling Fan(s): 1
Wall/Window Unit(s): 1
Heating
Baseboard: 1
Electric: 1
Architectural Style
Apartment Style: 1
Possession
Close Of Escrow: 1
Exterior Features
Balcony: 1
Patio And Porch Features
# of Decks: 4
Lot Features
Corner Lot: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
Parking Lot: 1
Road Frontage Type
City Street: 1
Tenant Pays
Electricity: 1
Heating: 1
Status Change Info
Status: Closed
Under Contract Date: 2025-07-01
Sold Date: 2025-07-29
Sold Price: $510,000
Property Features
Business Type: Other
Cooling: Ceiling Fan(s); Wall/Window Unit(s)
Heating: Baseboard; Electric
Architectural Style: Apartment Style
Exterior Features: Balcony
Water Source: Public
Sewer: Public Sewer
Tenant Pays: Electricity; Heating
Road Frontage Type: City Street
Possession: Close Of Escrow
Lot Features: Corner Lot
Parking Features: Parking Lot

Listing Office: NORTHWEST REALTY GROUP

Office Phone: 701-258-4800

Last Updated: July - 29 - 2025

Information deemed reliable but not guaranteed.