• 5302 51st Ave S, Suite B - Fargo, ND 58104
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$425,000
3231 Rosser Avenue
Bismarck, ND 58501
MLS# 4019692
Status: Closed
7 beds  |  4 baths  |  3542 sqft
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Property Description
Beautifully Updated 4-Plex Investment Property - 3231 E Rosser Ave, Bismarck, ND An exceptional opportunity to own a fully updated 4-unit apartment building in a prime Bismarck location. This impressive property offers over 3,500 square feet of living space and features a total of 7 bedrooms and 4 bathrooms across four well-maintained units. Each unit has been thoughtfully renovated with modern finishes, ensuring strong tenant appeal and minimal maintenance for the new owner. With current rents totaling $3,485/month, this property provides solid cash flow and long-term investment potential. Located in a desirable residential neighborhood, this property combines charm, functionality, and strong rental history—ideal for both seasoned investors and those looking to grow their portfolio. Don't miss out on this turnkey multi-family property in the heart of Bismarck!

Details
Maps
Contract Information
List Price/SqFt: 115.75
Sold Price/SqFt: 119.99
Sold Price: $425,000
Current Price: $425,000
Date Listed: 2025-05-27
Remarks
Included: Kitchen appliances, Washer(s), Dryer(s)
Directions: GPS is correct
Public Remarks: Beautifully Updated 4-Plex Investment Property - 3231 E Rosser Ave, Bismarck, ND An exceptional opportunity to own a fully updated 4-unit apartment building in a prime Bismarck location. This impressive property offers over 3,500 square feet of living space and features a total of 7 bedrooms and 4 bathrooms across four well-maintained units. Each unit has been thoughtfully renovated with modern finishes, ensuring strong tenant appeal and minimal maintenance for the new owner. With current rents totaling $3,485/month, this property provides solid cash flow and long-term investment potential. Located in a desirable residential neighborhood, this property combines charm, functionality, and strong rental history—ideal for both seasoned investors and those looking to grow their portfolio. Don't miss out on this turnkey multi-family property in the heart of Bismarck!
Location
Sub Area: Bismarck City SE
Street Number: 3231
Street Name: Rosser
Street Type: Avenue
Area: Bismarck City
State: ND
Zip Code: 58501
County: Burleigh
Legal, Tax and Other Information
Taxes: 3939
Tax Year: 2024
Specials Installment: 50.83
Specials Balance: 47.60
Pending Specials: No
Zoning: Com
Parcel ID: 0656-006-001
Legal Description: BOUSTEAD-WALKER SUBDIVISION Block: 6 PT LOT1 BEG @ NW COR, TH NELY 118.81', S 162.28' TO S LINE LOT 1; N ALONG S LINE
General Property Information
Lot SqFt: 11783
Lot Acres: 0.2705
Lot Dimensions: ---
Total 1/4 Baths: 0
Total Half Baths: 0
Total 3/4 Baths: 0
Main Finished SqFt: 0
Upper Finished SqFt: 1771
Lower Finished SqFt: 1771
Basement Finished SqFt: 0
Finished Above Grade SqFt: 1771
Finished Below Grade SqFt: 1771
Garage: No
Fireplace: No
Accessibility Features: No
Association: No
Property Sub Type: Quadruplex
Year Built: 1977
Bedrooms Total: 7
Total Full Baths: 4
Total Baths: 4
Total Finished SqFt: 3542
Utilities
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
Trash Pickup - Public: 1
Basement
Concrete: 1
Finished: 1
Partial: 1
Roof
Asphalt: 1
Fiberglass: 1
Shingle: 1
Cooling
Wall/Window Unit(s): 1
Heating
Boiler: 1
Architectural Style
Apartment Style: 1
Split Entry: 1
Construction Materials
Stucco: 1
Levels
Two: 1
Flooring
Carpet: 1
Linoleum: 1
Vinyl: 1
Foundation
Concrete Perimeter: 1
Rental Income
Rental Income Unit 1: 900
Rental Income Unit 2: 925
Rental Income Unit 3: 960
Rental Income Unit 4: 700
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Interior Features
Ceiling Fan(s): 1
Smoke Detector(s): 1
Window Treatments: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
FHA: 1
Possession
Close Of Escrow: 1
Exterior Features
Rain Gutters: 1
Fencing
None: 1
Lot Features
Irregular Lot: 1
Landscaped: 1
Lot - Owned: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
Asphalt: 1
Lighted: 1
Off Street: 1
Outside: 1
Parking Lot: 1
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Chip And Seal: 1
Paved: 1
Status Change Info
Status: Closed
Under Contract Date: 2025-05-31
Sold Date: 2025-09-08
Sold Price: $425,000
Property Features
Basement: Concrete; Finished; Partial
Roof: Asphalt; Fiberglass; Shingle
Architectural Style: Apartment Style; Split Entry
Levels: Two
Flooring: Carpet; Linoleum; Vinyl
Heating: Boiler
Cooling: Wall/Window Unit(s)
Construction Materials: Stucco
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Interior Features: Ceiling Fan(s); Smoke Detector(s); Window Treatments
Foundation: Concrete Perimeter
Listing Terms: 1031 Exchange; Cash; Conventional; FHA
Possession: Close Of Escrow
Exterior Features: Rain Gutters
Lot Features: Irregular Lot; Landscaped; Lot - Owned
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Trash Pickup - Public
Parking Features: Asphalt; Lighted; Off Street; Outside; Parking Lot
Water Source: Public
Sewer: Public Sewer
Road Frontage Type: City Street
Road Surface Type: Asphalt; Chip And Seal; Paved
Fencing: None
Listing Office: Realty One Group - Encore

Last Updated: September - 13 - 2025

Information deemed reliable but not guaranteed.

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