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5-Unit Apartment Building
For Sale
Contact for pricing
Pending

412 E Avenue D, Bismarck, ND 58501

Five-unit apartment property with varied bedroom configurations and one vacant unit in central Bismarck.

Property SizeContact for details
Days on Market143

Property Features for 412 E Avenue D

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 1 x 3BR/1BA, 2 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units 5
Listing Agency: The CRA Group
Listed By: Brett Bina · License #10592
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 12:26PM

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 The CRA Group

Investment Insights

Based on property information with market context.

This five-unit apartment property offers a mix of one-, two-, and three-bedroom residences, each with one bathroom. The unit lineup includes one three-bedroom apartment, two two-bedroom apartments, and two one-bedroom apartments. One of the one-bedroom units is vacant, while the remaining residences are occupied. The property is being sold as is.

The building is situated in central Bismarck, directly opposite Will-Moore Elementary School. Bismarck High School and the State Capitol Grounds are also nearby, placing the property within an established civic and educational setting.

Key Highlights

  • Five apartment units with one-, two-, and three‑bedroom layouts
  • Unit mix includes one 3‑bedroom, two 2‑bedroom, and two 1‑bedroom apartments
  • One 1‑bedroom unit is vacant

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Locksmith (Bike/Boat/Book/etc) Store Grocery & Convenience Store Wine and Liquor Store Fish Market

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

3,155
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 - Five-unit apartment property with varied bedroom configurations and one vacant unit in central Bismarck.
Where is this apartment building located?
The property is located at 412 E Avenue D Bismarck, ND.
What are key features of this property?
This property features: Five apartment units with one-, two-, and three‑bedroom layouts; Unit mix includes one 3‑bedroom, two 2‑bedroom, and two 1‑bedroom apartments; One 1‑bedroom unit is vacant
More about this property
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