Remodeled Duplex with Two-Car
114 8th Avenue NW Minot, ND 58703
114 8th Avenue NW, Minot, ND, 58703
$158,000
Pending
For Sale
$158,000
Pending
Remodeled duplex offers two 2-bedroom, 1-bath units with in-unit laundry and a two-car garage.
Property Size1,906 SF
Days on Market267
Property Features for 114 8th Avenue NW
General Information
- Standard status
- Pending
- Size
- 1,906 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1914
Listing agency
Century 21 Morrison Realty
(701) 240-2608
Listed by
Ashleigh Collins
(701) 240-2608
Source
Xome
Added: Oct 30, 2025 Updated: Jul 21 at 4:50PM Checked: Jul 22 at 3:52AM
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 Century 21 Morrison Realty
Investment Insights
Based on property information with market context.
This remodeled duplex in Minot features two separate units. The main floor unit includes two bedrooms and one bathroom, with fresh paint, new flooring, and an updated kitchen. The layout also provides a large family room with built-in storage and space for a dining table.
The lower-level unit also offers two bedrooms and one bathroom, along with in-unit laundry. It includes fresh paint and new flooring.
A two-car garage is included, providing convenient parking and additional storage. The property is described as being located near Minot State University, local shops and restaurants, and a convenient bus route.
The lower-level unit also offers two bedrooms and one bathroom, along with in-unit laundry. It includes fresh paint and new flooring.
A two-car garage is included, providing convenient parking and additional storage. The property is described as being located near Minot State University, local shops and restaurants, and a convenient bus route.
Key Highlights
- Remodeled duplex built in 1914 with two units, each offering 2 bedrooms and 1 bathroom
- In‑unit laundry available for the lower‑level unit and egress window included on the guest facilities
- Each unit includes window/wall AC; flooring includes vinyl and carpet throughout
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.4k | $10.20 |
| − Vacancy | −$1.4k | −$0.76 |
| EGI | $18.0k | $9.44 |
| − OpEx | −$5.4k | −$2.83 |
| NOI | $12.6k | $6.61 |
1,906 SF · lease $10.20/SF/yr · vacancy 7.41% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$180.0K
$157.5K – $210.0K
NOI $12,600 @ 7.0% cap · market cap 7.97%
Second Best
Apartment 5plus
$165.7K
$145.0K – $193.3K
NOI $11,598 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$255.9K
$223.9K – $298.6K
NOI $17,913 @ 7.0% cap · market cap 11.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Remodeled duplex offers two 2-bedroom, 1-bath units with in-unit laundry and a two-car garage.
Where is this duplex located?
The property is located at 114 8th Avenue NW Minot, ND.
What is the asking price?
The asking price for this property is $158,000.
What are key features of this property?
This property features: Remodeled duplex built in 1914 with two units, each offering 2 bedrooms and 1 bathroom; In‑unit laundry available for the lower‑level unit and egress window included on the guest facilities; Each unit includes window/wall AC; flooring includes vinyl and carpet throughout
