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Duplex with Lower-Level Apartment
New
For Sale
$274,900

420 W Thayer Avenue, Bismarck, ND 58501

The main residence includes two living areas, a bonus room, and an updated kitchen.

Property SizeContact for details
Days on Market4

Property Features for 420 W Thayer Avenue

General Information

Standard status Active
Property subtype Commercial

Amenities

deck
garden shed
shared laundry

Building Details

Year Built 1918
Listing Agency: BIANCO REALTY, INC.
Listed By: AMY J ASCHE
Source: Trademarknd
Added: Oct 5 Changed: Oct 6 Last Checked: Oct 7 at 11:41AM

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 BIANCO REALTY, INC.

Investment Insights

Based on property information with market context.

Built in 1918, this duplex pairs a two-bedroom main-floor residence with a separate one-bedroom apartment on the lower level. The upper unit has an updated kitchen, two living areas, and a bonus room. A deck extends off the dining room, with a backyard and large garden shed behind the home. Some windows have been replaced, and laundry is shared between the two levels.

Key Highlights

  • Two‑bedroom main‑floor residence with an updated kitchen and two living areas
  • Separate one‑bedroom apartment on the lower level
  • Bonus room in the main‑floor unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Locksmith Storage Facility (Bike/Boat/Book/etc) Store Butcher Big Box & Wholesale Store Veterinary Clinic

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

1,435
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - The main residence includes two living areas, a bonus room, and an updated kitchen.
Where is this duplex located?
The property is located at 420 W Thayer Avenue Bismarck, ND.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Two‑bedroom main‑floor residence with an updated kitchen and two living areas; Separate one‑bedroom apartment on the lower level; Bonus room in the main‑floor unit
More about this property
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