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Two-Unit Duplex with Shared Garage
For Sale
$215,000

407 7th Ave W, Lisbon, ND 58054

Two-bedroom residences feature individual decks, shared basement laundry, and access to multiple garage parking spaces.

Property Size3,244 SF
Price / SF$66.28
Days on Market18

Property Features for 407 7th Ave W

General Information

Standard status Active
Size 3,244 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Amenities

shared garage
shared laundry
deck
screened in front porch

Building Details

Year Built 1928
Listing Agency: Herd Realty LLP
Listed By: Dylan Urbach · License #10366
Source: Bradadamrealty
Added: Aug 13 Changed: Aug 28 Last Checked: Aug 29 at 11:45AM

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 Herd Realty LLP

Investment Insights

Based on property information with market context.

Built in 1928, this 3,244-square-foot up-and-down duplex contains two residential units, each with 2 bedrooms and 1 bathroom. The main-level residence adds a deck and screened front porch, while the upper unit includes its own deck. Both units are currently vacant, allowing the next owner to establish occupancy from the outset.

A shared garage provides multiple parking spaces, with additional street parking available. Laundry facilities are located in the basement. The property is in Lisbon, North Dakota, approximately 15 minutes from Bobcat in Gwinner, North Dakota.

Key Highlights

  • 3,244‑square‑foot duplex built in 1928
  • Two units, each with 2 bedrooms and 1 bathroom
  • Main‑level unit includes a deck and screened front porch

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Furniture & Home Goods Garden 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

316
Businesses Nearby

Demographics for 58054, ND

3,229
Population
1,393
Households
2.3
Avg Household Size
44
Median Age
23%
College-Educated
94%
High-School Grad
286.6 sq mi
ZIP Area
11
Density / Sq Mi
$74,231
Median Household Income
$42,794
Median Earnings
$691
Median Rent
$196,300
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?
Duplex - Two-bedroom residences feature individual decks, shared basement laundry, and access to multiple garage parking spaces.
Where is this duplex located?
The property is located at 407 7th Ave W Lisbon, ND.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 3,244‑square‑foot duplex built in 1928; Two units, each with 2 bedrooms and 1 bathroom; Main‑level unit includes a deck and screened front porch
More about this property
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