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Three-Unit Apartment Property with Garages
For Sale
$215,000

415 Memorial Highway, Bismarck, ND 58504

Fully leased apartment property with multiple single-stall garages.

Property SizeContact for details
Days on Market23

Property Features for 415 Memorial Highway

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Commercial
Occupancy 100%

Additional Details

Multifamily Units 3

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Better Homes and Gardens Real Estate Alliance Group
Listed By: Jordan D Frank
Source: Trademarknd
Added: Aug 8 Changed: Aug 29 Last Checked: Aug 29 at 11:34PM

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 Better Homes and Gardens Real Estate Alliance Group

Investment Insights

Based on property information with market context.

This triplex contains three residential units and is accompanied by three single-stall garages. Each unit is currently leased, providing an occupied configuration for a new owner.

The property is located at 415 Memorial Highway in Bismarck, North Dakota 58504. Its apartment layout, garage improvements, and current tenant occupancy define the offering.

Key Highlights

  • Three residential units in a triplex configuration
  • Three single‑stall garages included
  • All three units are currently rented

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Auto Repair Shop Storage Facility Building Supply Auto Parts 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.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,574
Businesses Nearby

Demographics for 58504, ND

29,517
Population
12,479
Households
2.4
Avg Household Size
35
Median Age
31%
College-Educated
94%
High-School Grad
103.3 sq mi
ZIP Area
286
Density / Sq Mi
$78,671
Median Household Income
$45,817
Median Earnings
$940
Median Rent
$282,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Fully leased apartment property with multiple single-stall garages.
Where is this triplex located?
The property is located at 415 Memorial Highway Bismarck, 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: Three residential units in a triplex configuration; Three single‑stall garages included; All three units are currently rented
More about this property
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