408 S Washington Street, Bismarck, ND 58504
Local realty services provided by:Better Homes and Gardens Real Estate Alliance Group
408 S Washington Street,Bismarck, ND 58504
$649,900
- 8 Beds
- 12 Baths
- 4,560 sq. ft.
- Multi-family
- Active
Listed by: keedan d holzworth, derek brandenburg
Office: exp realty
MLS#:4023624
Source:ND_GNMLS
Price summary
- Price:$649,900
- Price per sq. ft.:$142.52
About this home
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!...
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Home facts
- Year built:2013
- Listing ID #:4023624
- Added:49 day(s) ago
- Updated:March 27, 2026 at 02:59 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:12
- Full bathrooms:8
- Half bathrooms:4
- Flooring:Carpet, Hardwood, Laminate
- Kitchen Description:Cooktop, Range, Refrigerator
- Basement Description:Crawl Space
- Living area:4,560 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Forced Air
- Central air:Yes
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:2013
- Building area:4,560 sq. ft.
- Lot area:0.42 Acres
- Construction Materials:Vinyl Siding
- Exterior Features:Private Yard, Rain Gutters, Storage
- Foundation Description:Concrete Perimeter
Utilities
- Water:Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:$649,900
- Price per sq. ft.:$142.52
- Tax amount:$7,974 (2025)
Features and amenities
- Appliances:Range, Refrigerator
- Amenities:Audio Visual System, Security System
Parking
- Parking description:Concrete Driveway, Detached Garage, Driveway, Guest Parking, Off Street
- Garage spaces:8
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