Strong income-producing 4-plex opportunity in a central Bismarck location. This property at 319 N 13th St offers a solid mix of stability and upside, featuring four 2-bedroom, 1-bath units with practical layouts that continue to attract long-term tenants.
The building is fully leased with a current monthly income of $3,825, providing immediate cash flow from day one. Recent improvements have been completed in three of the units, including updated flooring, paint, and select appliances, helping modernize the interiors and reduce near-term maintenance needs. A newly added coin-operated laundry area enhances tenant convenience while generating additional revenue.
Positioned just minutes from downtown, tenants benefit from quick access to shopping, dining, schools, and public transit. With a strong rental history, recent updates, and a desirable in-town location, this property presents a reliable and well-positioned investment opportunity.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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