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8-Unit Apartment Building with Garages

803 3rd Avenue NE, Mandan, ND 58554

For Sale
$879,000

All apartments have a two-bedroom, one-bath layout, with separate garages serving tenants and additional space for the owner.

Property Size8,058 SF
Price / SF$109.08
Days on Market72

Property Features for 803 3rd Avenue NE

General Information

Standard status Active
Size 8,058 SF
Total Parking Spaces 10
Property subtype Multi Family Home

Units

Unit Mix 8 x 2BR/1BA
Multifamily Units 8

Taxes and HOA fees

Annual Taxes $8,413

Amenities

Lighting
Rain Gutters

Building Details

Building Size 8,058 SF
Year Built 1975
Stories 2
Listing Agency: Realty One Group - Encore
Listed By: Nathan A Engh
Source: Donner-realty
Added: Aug 31 Changed: Nov 7 Last Checked: Nov 9 at 7:21PM

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 Realty One Group - Encore

Rey
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Investment Insights

Based on property information with market context.

This 8-unit apartment property, built in 1975, contains eight similarly configured residences, each with two bedrooms and one bathroom. Several apartments have been updated, while others offer scope for further improvements. Each unit has access to a single-stall garage, and a separate double-stall garage is used by the owner for storage and property-related needs.

The property is located in Mandan, with access to area shopping, dining, schools, employment, and other community amenities.

Key Highlights

  • Eight apartments, each with 2 bedrooms and 1 bathroom
  • A single‑stall garage is available to each apartment
  • Separate double‑stall garage currently used by the owner

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

508
Businesses Nearby

Demographics for 58554, ND

28,642
Population
13,066
Households
2.2
Avg Household Size
37
Median Age
31%
College-Educated
95%
High-School Grad
572.6 sq mi
ZIP Area
50
Density / Sq Mi
$82,168
Median Household Income
$43,771
Median Earnings
$1,048
Median Rent
$266,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - All apartments have a two-bedroom, one-bath layout, with separate garages serving tenants and additional space for the owner.
Where is this apartment building located?
The property is located at 803 3rd Avenue NE Mandan, ND.
What is the asking price?
The asking price for this property is $879,000.
What are key features of this property?
This property features: Eight apartments, each with 2 bedrooms and 1 bathroom; A single‑stall garage is available to each apartment; Separate double‑stall garage currently used by the owner
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