Property summary
This charming, historic building, known as the Hamilton Block, presents a unique investment opportunity in Lisbon, North Dakota. Located at 424 Main St, 58054, this two-story, Class B multifamily property boasts eight rentable units, commanding an asking price of $665,000 ($83,125 per unit). The building features a desirable mix of commercial and residential space. The main floor comprises two retail spaces, ideal for generating consistent income streams. Above, five recently remodeled apartments offer comfortable and updated living spaces for tenants. A spacious gymnasium area adds further versatility and potential for additional revenue generation. Significant improvements have been made, including a newly replaced roof, enhancing the building's longevity and reducing maintenance costs. The common hallways have also undergone impressive renovations, maintaining the building's historic character while providing a modern and welcoming atmosphere. This property offers a blend of historical charm and modern upgrades, making it an attractive investment for both seasoned and aspiring real estate investors seeking a strong return in a stable market. The property's prime location on Main Street in Lisbon ensures high visibility and accessibility. This is a rare opportunity to acquire a well-maintained, mixed-use property with significant upside potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight