1009 Lake Avenue, Bismarck, ND 58504

Bismarck
Local realty services provided by:Better Homes and Gardens Real Estate Alliance Group
1009 Lake Avenue,Bismarck, ND 58504
$349,900
  • 4 Beds
  • 2 Baths
  • 2,186 sq. ft.
  • Multi-family
  • Active
Listed by: keana schuler
Office: realty one group - encore
MLS#:4024656
Source:ND_GNMLS

Price summary

  • Price:$349,900
  • Price per sq. ft.:$160.06

About this home

Turnkey, income-producing duplex in Bismarck with a proven mid-term rental history and immediate cash-flow potential. This fully renovated ranch-style property offers two distinct living spaces, including a bright, open-concept upper level with a large updated kitchen, dining, and living area, plus two bedrooms and a full bath. The lower level features a private entrance, full kitchen, living and dining areas, two bedrooms, and a bath--ideal for maximizing rental flexibility with mid-term, long-term, or owner-occupied strategies. Additional highlights include shared yet functional laundry access for both units, an attached single-stall garage, and a detached single-stall garage--enhancing tenant appeal and value. Positioned in a strong-demand area, this is a rare, plug-and-play investment opportunity designed for both immediate returns and long-term appreciation.

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Home facts

  • Year built:1952
  • Listing ID #:4024656
  • Added:1 day(s) ago
  • Updated:April 13, 2026 at 09:57 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Vinyl, Wood
  • Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator
  • Basement Description:Concrete, Egress Windows, Exterior Entry, Finished
  • Living area:2,186 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Boiler, Natural Gas
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt
  • Year built:1952
  • Building area:2,186 sq. ft.
  • Lot area:0.2 Acres
  • Construction Materials:Steel Siding
  • Exterior Features:Keyless Entry, Rain Gutters
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$349,900
  • Price per sq. ft.:$160.06
  • Tax amount:$3,042 (2025)

Features and amenities

  • Appliances:Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Main Floor Bedroom, Smoke Detector(s), Window Treatments

Parking

  • Parking description:Alley Access, Attached Garage, Detached Garage, Driveway, On Street
  • Garage spaces:2

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