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8-Unit Apartment Building with Laundry
For Sale
Contact for pricing
Pending

2126 N Washington St, Bismarck, ND 58501

Well-maintained 8-unit apartment building featuring in-unit laundry hookups and recent roof, window, and heating system updates.

Property Size9,582 SF
Days on Market245

Property Features for 2126 N Washington St

General Information

Standard status Pending
Size 9,582 SF
Class B
Property subtype Multifamily
Zoning RM30
Occupancy 100%
Investment Type Core+

Building Details

Year Built 1976
Buildings 1
Stories 3
Units 8
Listing Agency: Realty One Group
Listed By: Nathan Engh · License #11012
Source: Crexi
Added: Jan 5 Changed: Aug 25 Last Checked: Aug 14 at 7:59AM

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 Realty One Group

Investment Insights

Based on property information with market context.

This well-maintained 8-unit apartment building includes in-unit laundry hookups in every unit. The property has been updated with a newer roof and gutters, updated windows, and a newer boiler system for heating. Several units have also been modernized with updated lighting, flooring, paint, and appliances.

The building provides a garage for tenant use with eight garage stalls, and each stall includes its own automatic opener. The asset is presented as an attractive option for investors, including those pursuing a 1031 exchange.

Set up as a residential income property, the configuration supports ongoing rental use across the eight units, with in-unit laundry hookups and continued building improvements intended to support long-term performance.

Key Highlights

  • 8‑unit apartment building built in 1976 in North Bismarck
  • Major updates include newer roof and gutters
  • Updated windows and newer boiler system for heating efficiency

Property Analytics

Current Use

Rueben Gomez Drywall Hardware & Home Improvement

Suggested Use

Top Pick Kitchen & Bath Showroom Auto Repair Shop Bakery Auto Parts Store Grocery & Convenience Store (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.

Location Intelligence

Trade Area within ½ mile

316
Businesses Nearby

Demographics for 58501, ND

28,388
Population
13,445
Households
2.1
Avg Household Size
38
Median Age
35%
College-Educated
95%
High-School Grad
22.8 sq mi
ZIP Area
1,245
Density / Sq Mi
$69,796
Median Household Income
$45,237
Median Earnings
$938
Median Rent
$276,000
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 - Well-maintained 8-unit apartment building featuring in-unit laundry hookups and recent roof, window, and heating system updates.
Where is this apartment building located?
The property is located at 2126 N Washington St Bismarck, ND.
What are key features of this property?
This property features: 8‑unit apartment building built in 1976 in North Bismarck; Major updates include newer roof and gutters; Updated windows and newer boiler system for heating efficiency
More about this property
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