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Six-Unit Apartment Building
For Sale
$399,000

1009 2nd St NW, Mandan, ND 58554

Multifamily property with mixed one- and two-bedroom units, individual climate control, and coin-operated laundry.

Property Size4,518 SF
Price / SF$88.31
Days on Market16

Property Features for 1009 2nd St NW

General Information

Standard status Active
Size 4,518 SF
Property subtype Multi-Family

Units

Unit Mix 4 x 2BR, 2 x 1BR
Multifamily Units 6

Amenities

coin-operated laundry

Building Details

Year Built 1950
Listing Agency: Oaktree Realty
Listed By: JASON SCHMIDT, DARREN SCHMIDT
Source: Corerealestateadvisors
Added: Aug 15 Changed: Aug 30 Last Checked: Aug 25 at 4:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Oaktree Realty

Investment Insights

Based on property information with market context.

This 4,518-square-foot apartment property, built in 1950, contains six residential units arranged as four two-bedroom apartments and two one-bedroom apartments. Each unit has its own heating and cooling system, while a coin-operated laundry facility serves the property. The building has an apartment-style exterior and no garage.

The property is located at 1009 2nd in Mandan, North Dakota. Its unit mix and on-site laundry provide a defined multifamily configuration for evaluation by apartment property buyers.

Key Highlights

  • Six residential units comprising four 2‑bedroom and two 1‑bedroom apartments
  • 4,518 SF apartment property built in 1950
  • Individual heating and cooling in every unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Garden Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby

Demographics for 58554, ND

28,642
Population
13,066
Households
2.2
Avg Household Size
37
Median Age
31%
College-Educated
95%
High-School Grad
572.6 sq mi
ZIP Area
50
Density / Sq Mi
$82,168
Median Household Income
$43,771
Median Earnings
$1,048
Median Rent
$266,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with mixed one- and two-bedroom units, individual climate control, and coin-operated laundry.
Where is this apartment building located?
The property is located at 1009 2nd St NW Mandan, ND.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Six residential units comprising four 2‑bedroom and two 1‑bedroom apartments; 4,518 SF apartment property built in 1950; Individual heating and cooling in every unit
More about this property
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