$649,900
408 S Washington Street
Bismarck, ND 58504
MLS# 4023624
8 beds  |  12 baths  |  4560 sqft


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Property Description
Exceptional 4-Plex Investment Opportunity in the Heart of Bismarck! Built in 2013, this well-maintained 4-plex offers strong rental income, excellent tenant history, and modern construction designed for long-term performance. The property features 8 bedrooms, 12 bathrooms, and 8 garage spaces, providing an ideal blend of functionality, comfort, and tenant appeal. Each unit operates independently with separate HVAC systems, electrical, and gas, helping keep operating costs low and management straightforward. Tenants pay all utility expenses, with the owner responsible only for water, sewer, and garbage, creating an efficient and attractive expense structure for investors. The current rental setup includes: Unit 1: Owner-occupied (scheduled to be vacant in March), Unit 2: $1,100/month, Unit 3: $1,150/month, Unit 4: $1,150/month A rare and valuable feature of this property is its ability to be split into four individual condominium units, offering exceptional flexibility for future use—whether held as a cash-flowing asset, sold individually, or occupied while renting the remaining units. Conveniently located near downtown Bismarck, schools, medical facilities, and major amenities, this property combines location, income stability, and long-term upside. Opportunities like this—newer construction, strong rental performance, garage parking, and condo-conversion potential—are seldom available. Contact your favorite Realtor for a private showing today!

Details
Maps
Documents
Contract Information
List Price/SqFt: 142.52
List Price: $649,900
Current Price: $649,900
Date Listed: 2026-02-05
Remarks
Included: Kitchen Appliances, Washers, Dryers
Directions: S Washington Street, Home is on West Side
Public Remarks: Exceptional 4-Plex Investment Opportunity in the Heart of Bismarck! Built in 2013, this well-maintained 4-plex offers strong rental income, excellent tenant history, and modern construction designed for long-term performance. The property features 8 bedrooms, 12 bathrooms, and 8 garage spaces, providing an ideal blend of functionality, comfort, and tenant appeal. Each unit operates independently with separate HVAC systems, electrical, and gas, helping keep operating costs low and management straightforward. Tenants pay all utility expenses, with the owner responsible only for water, sewer, and garbage, creating an efficient and attractive expense structure for investors. The current rental setup includes: Unit 1: Owner-occupied (scheduled to be vacant in March), Unit 2: $1,100/month, Unit 3: $1,150/month, Unit 4: $1,150/month A rare and valuable feature of this property is its ability to be split into four individual condominium units, offering exceptional flexibility for future use—whether held as a cash-flowing asset, sold individually, or occupied while renting the remaining units. Conveniently located near downtown Bismarck, schools, medical facilities, and major amenities, this property combines location, income stability, and long-term upside. Opportunities like this—newer construction, strong rental performance, garage parking, and condo-conversion potential—are seldom available. Contact your favorite Realtor for a private showing today!
Location
Sub Area: Bismarck City SW
Street Number: 408
Street Name: S Washington
Street Type: Street
Area: Bismarck City
State: ND
Zip Code: 58504
County: Burleigh
Legal, Tax and Other Information
Taxes: 7973.57
Tax Year: 2025
Specials Installment: 1,812.72
Specials Balance: 7,450.19
Pending Specials: No
Zoning: RT
Parcel ID: 0125-033-015
Legal Description: BLK:33 PARK HILL (AUD LOTS) Block: 33 LOT ''A'' OF AUDITORS LOT 33
General Property Information
Lot SqFt: 18164
Lot Acres: 0.417
Lot Dimensions: .41699 acres
Total 1/4 Baths: 0
Total Half Baths: 4
Total 3/4 Baths: 0
Main Finished SqFt: 2280
Upper Finished SqFt: 2280
Lower Finished SqFt: 0
Basement Finished SqFt: 0
Finished Above Grade SqFt: 4560
Finished Below Grade SqFt: 0
Garage: Yes
Garage Spaces: 8
Fireplace: No
Accessibility Features: No
Association: No
Property Sub Type: Quadruplex
Year Built: 2013
Bedrooms Total: 8
Total Full Baths: 8
Total Baths: 12
Total Finished SqFt: 4560
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
Trash Pickup - Public: 1
Basement
Crawl Space: 1
None: 1
Roof
Asphalt: 1
Shingle: 1
Cooling
Central Air: 1
Heating
Electric: 1
Forced Air: 1
Architectural Style
Apartment Style: 1
Construction Materials
Vinyl Siding: 1
Flooring
Carpet: 1
Hardwood: 1
Laminate: 1
Foundation
Concrete Perimeter: 1
Rental Income
Rental Income Unit 1: 0
Rental Income Unit 2: 1100
Rental Income Unit 3: 1150
Rental Income Unit 4: 1150
Appliances
Cooktop: 1
Range: 1
Refrigerator: 1
Interior Features
Audio Visual System: 1
Security System: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
No Seller Finance: 1
VA Loan: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Exterior Features
Lighting: 1
Private Entrance: 1
Private Yard: 1
Rain Gutters: 1
Storage: 1
Fencing
Area: 1
Full: 1
Patio And Porch Features
# of Decks: 2
# of Patios: 2
Deck: 1
Patio: 1
Lot Features
Landscaped: 1
Level: 1
Lot - Owned: 1
Private: 1
Rectangular Lot: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Parking Features
Garage Dimensions: 22x96
Concrete: 1
Detached: 1
Driveway: 1
Guest: 1
Off Street: 1
On Site: 1
Road Frontage Type
City Street: 1
Paved Road: 1
Road Surface Type
Asphalt: 1
Association Fee Includes
None: 1
Rooms
Bathroom 1: 1
Bathroom 2: 1
Bathroom 3: 1
Bathroom 4: 1
Bathroom 5: 1
Bathroom 6: 1
Bathroom 7: 1
Bathroom 8: 1
Bedroom 1: 1
Bedroom 3: 1
Bedroom 5: 1
Bedroom 7: 1
Kitchen: 1
Living Room: 1
Status Change Info
Status: Active
Property Features
Basement: Crawl Space; None
Roof: Asphalt; Shingle
Architectural Style: Apartment Style
Flooring: Carpet; Hardwood; Laminate
Heating: Electric; Forced Air
Cooling: Central Air
Construction Materials: Vinyl Siding
Appliances: Cooktop; Range; Refrigerator
Interior Features: Audio Visual System; Security System
Foundation: Concrete Perimeter
Listing Terms: Cash; Conventional; FHA; No Seller Finance; VA Loan
Possession: Close Of Escrow; Subject To Tenant Rights
Exterior Features: Lighting; Private Entrance; Private Yard; Rain Gutters; Storage
Patio And Porch Features: Deck; Patio
Lot Features: Landscaped; Level; Lot - Owned; Private; Rectangular Lot
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Trash Pickup - Public
Parking Features: Concrete; Detached; Driveway; Guest; Off Street; On Site
Water Source: Public
Sewer: Public Sewer
Road Frontage Type: City Street; Paved Road
Road Surface Type: Asphalt
Association Fee Includes: None
Fencing: Area; Full
Rooms: Bathroom 1; Bathroom 2; Bathroom 3; Bathroom 4; Bathroom 5; Bathroom 6; Bathroom 7; Bathroom 8; Bedroom 1; Bedroom 3; Bedroom 5; Bedroom 7; Kitchen; Living Room
Room Information
Room Name Level Remarks
Bathroom 1Main1/2 Bath
Bathroom 3MainFull Bath
Bathroom 5MainFull Bath
Bathroom 7Upper1/2 Bath
Bedroom 1Main
Bedroom 3Main
Bedroom 5Upper
Bedroom 7Upper
KitchenMain
KitchenMain
KitchenUpper
KitchenUpper
Living RoomMain
Living RoomMain
Living RoomUpper
Living RoomUpper
Bathroom 2Main1/2 Bath
Bathroom 4MainFull Bath
Bathroom 6MainFull Bath
Bathroom 8Upper1/2 Bath

Listing Office: eXp Realty

Office Phone: 833-471-3629

Last Updated: February - 05 - 2026

Information deemed reliable but not guaranteed.


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