501 Memorial Hwy, Bismarck, ND 58504

Listing office Better Homes and Gardens Real Estate Alliance Group Show Phone

Listing date Feb 23, 2026

Source Exprealty

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

Report an issue

---

Overview

This property is a nine-unit apartment building configured with four two-bedroom apartments and five efficiency (studio) apartments. The five efficiency units are located upstairs and share a bathroom among them. All nine units are currently rented, providing an operating residential income setup for a buyer.

The building is offered for sale as a multifamily property at 501 Memorial Hwy in Bismarck, ND. The existing tenant occupancy is in place, and the seller is related to the listing agent.

For investors or owner-operators seeking a small residential income portfolio, the unit mix provides both two-bedroom and efficiency options within the same nine-unit asset. With current in-place leasing, the property may appeal to buyers looking to acquire a stabilized multifamily structure featuring upstairs efficiencies with shared bath arrangement.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Bismarck

County

Burleigh

State

North Dakota

Longitude

-100.7973507

Latitude

46.8051135

Nearby Similar for Sale

• 

  $1,950,000

  23,490 SF

  Profitable Office Building on State

  23,490 SF office building with high visibility.

  4023 State Street, Bismarck, ND 58503

  View Details
• 

  $3,750,000

  19,536 SF

  Class A Office Building Bismarck

  Class A office building in North Bismarck with high-quality amenities.

  4719 Shelburne St, Bismarck, ND 58503

  View Details
• 

  $1,625,000

  34,456 SF

  Office and Warehouse/Processing Buildings

  Office and warehouse/processing buildings on 75,481 SF site.

  1207 & 1301 E Main Ave, Bismarck, ND 58501

  View Details
• 

  $11,400,000

  64,286 SF

  High-Visibility Commercial Building For Sale

  Landmark building on high-traffic corner with existing leases.

  1237 W Divide Ave, Bismarck, ND 58501

  View Details
• 

  $599,900

  1,769 SF

  Shell Office Units for Ownership

  Own customizable shell office units in a CG-zoned business park with visibility off 43rd Avenue near Cash Wise Foods.

  1-4475 Coleman Street, Bismarck, ND 58503

  View Details
• 

  $1,250,000

  9,920 SF

  Functional Flex Space with Modern Amenities

  9,920 SF property with shop and office space.

  1414 Industrial Dr Ste B, Bismarck, ND 58501

  View Details
• 

  $660,000

  4,000 SF

  Bismarck Industrial Property with Tenant

  4,000 SF industrial property with high-end office and shop space.

  2906 Morrison Ave Unit 1, Bismarck, ND 58504

  View Details
• 

  $1,900,000

  30,000 SF

  Bismarck Industrial Property on Hemlock

  30,000 SF industrial building on 2.84 acres for sale.

  1260 & 1278 Hemlock Street, Bismarck, ND 58504

  View Details
• 

  $1,100,000

  13,063 SF

  Historic Gem with Showroom

  Three-story commercial property with showroom and repair department.

  223 E Main Ave, Bismarck, ND 58501

  View Details
• 

  $1,890,000

  12,000 SF

  Bismarck Investment Shop Condos

  Fully leased commercial property near Walmart and Sam's Club.

  2908 Morrison Avenue, Bismarck, ND 58501

  View Details
• 

  $599,000

  5,517 SF

  Spacious Office Condo in Bismarck

  5,517 SF office condo with high-end finishes and prime location.

  931 S 9th St, Unit 201, Bismarck, ND 58504

  View Details
• 

  $518,000

  Bismarck Farmland Estate Opportunity

  60-acre farm parcel near Bismarck with rich soil.

  60+/- Acres, Gibbs Twp, Bismarck, ND 58503

  View Details

FAQs

What type of property is this?

Apartment building - Fully rented nine-plex offers four two-bedroom units and five upstairs efficiencies for income-focused ownership.

Where is this apartment building located?

The property is located at 501 Memorial Hwy Bismarck, ND.

What is the asking price?

The asking price for this property is $590,000.

What are key features of this property?

This property features: Nine‑plex with 9 total units: four 2‑bedroom apartments and five efficiency (studio) apartments; All nine units are currently rented with tenants in place; Five upstairs efficiency units share a bathroom