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Six-Unit Apartment Building
For Sale
Contact for pricing
Pending

2601 Douglas Place SE, Mandan, ND 58554

Fully leased, managed apartment property with quartz countertops and heated two-stall garages.

Property SizeContact for details
Days on Market42

Property Features for 2601 Douglas Place SE

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 6 x 3BR/2.5BA
Multifamily Units 6
Parking per Unit 2

Amenities

concrete patios or decks
speakers in master bath, living room, and patio
quartz counter tops
washer and dryer
security system
2-stall heated garage
dock rights/beach access
basements
Listing Agency: Property Resources Group
Listed By: Dan Hicks · License #ND 7500
Source: Crexi
Added: Jul 21 Changed: Aug 31 Last Checked: Aug 31 at 2:44AM

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 Property Resources Group

Investment Insights

Based on property information with market context.

Lakewood Twin Homes is a six-unit apartment property at 2601 Douglas Place SE in Mandan, North Dakota. Each residence offers three bedrooms and 2.5 bathrooms, along with a washer and dryer, quartz countertops, a security system, and a two-stall heated garage. Outdoor space is provided through a concrete patio or deck, with built-in speakers serving the primary bathroom, living room, and patio areas.

The property is fully leased and under management. Four units include dock rights and beach access, while two units also have basements, creating variation across the residences. The configuration combines consistent three-bedroom layouts with distinct outdoor, waterfront-access, and storage features.

Key Highlights

  • Six units, each with 3 bedrooms and 2.5 bathrooms
  • Fully leased and under management
  • Every unit includes a 2‑stall heated garage

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Daycare Center

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

326
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 - Fully leased, managed apartment property with quartz countertops and heated two-stall garages.
Where is this apartment building located?
The property is located at 2601 Douglas Place SE Mandan, ND.
What are key features of this property?
This property features: Six units, each with 3 bedrooms and 2.5 bathrooms; Fully leased and under management; Every unit includes a 2‑stall heated garage
(423) 605-0773 Call to check price and availability
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