304 6th Avenue Nw, Mandan, ND 58554
Local realty services provided by:Better Homes and Gardens Real Estate Alliance Group
304 6th Avenue Nw,Mandan, ND 58554
$385,000
- 10 Beds
- 4 Baths
- 4,035 sq. ft.
- Multi-family
- Active
Listed by:
Lee Gierszewski(701) 527 - 5380Better Homes and Gardens Real Estate Alliance Group- Jesse Clooten(701) 391 - 6965Better Homes and Gardens Real Estate Alliance Group
MLS#:4022538
Source:ND_GNMLS
Price summary
- Price:$385,000
- Price per sq. ft.:$95.42
About this home
Fully Occupied Triplex - Strong Cash Flow & Recent Updates.
Turnkey triplex bringing in $3,600/month in rental income. Built in 1909 and well maintained with recent major updates completed, including
new roof 2024
central A/C 2023
new windows 2021
Each unit is updated and fully rented with solid tenants. Property includes a two-stall attached, heated garage plus off-street parking for all tenants. Low maintenance and dependable income make this good opportunity for a home owner looking for a a primary residence with rental income.
For the investor savvy buyer this 9.2 cap property is right up your alley!
Each unit is fully occupied with long-term tenants.
• Gross Income: $43,200/year
• Property Taxes: $3,400/year
• Insurance: $2,000/year
• Estimated Maintenance/Utilities: $2,500/year
• Total Estimated Expenses: $8,100/year
• Net Operating Income (NOI): $35,100/year
• Asking Price: $385,000
• Estimated Cap Rate: ≈ 9.2%
Strong cash flow, low maintenance, and recent capital improvements make this a reliable, hassle-free addition to any investment portfolio.
The main floor unit is a 4 bed 2 bath with in unit laundry.
Unit 2 is a 3 bed 1 bath with in unit Laundry.
Unit 3 is a 2 bed 1 bath.
The property is professionally managed by Clooten Property Management inc. and a 24 hour notice is required.
Contact an agent
Home facts
- Year built:1909
- Listing ID #:4022538
- Added:1 day(s) ago
- Updated:October 30, 2025 at 04:05 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:4
- Full bathrooms:3
- Living area:4,035 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Shingle
- Year built:1909
- Building area:4,035 sq. ft.
- Lot area:0.16 Acres
Finances and disclosures
- Price:$385,000
- Price per sq. ft.:$95.42
- Tax amount:$3,415 (2024)
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