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31274884
31274901

2425 N 7th St, Bismarck, ND 58503

SM
ND ND 9989
CORE Real Estate Advisors
Listed by CORE Real Estate Advisors
$549,900
71 days on market
Updated 71 days ago

2425-2427 N 7th St Duplex

Details
Property Type Multifamily
Sub Type condo, duplex (+1)
Square Footage 3,984
Net Rentable (SqFt) 3,984
Units 2
Cap Rate 0.67%
NOI $3,700
Occupancy 100%
Price per SqFt $138
Broker Co-Op No
Year Built 1972
Year Renovated 2025
Buildings 1
Stories 2
Lot Size (SqFt) 9,750
Zoning R10
Parking Spaces 2 per unit
Sale Condition 1031 exchange

Multifamily | 2 Units | $274,950/unit

Marketing description

🚀 Investor Alert: Turnkey Duplex in Bismarck! 🚀

Looking for a high-yield, low-maintenance addition to your portfolio? This fully updated, side-by-side split-level duplex is officially ready for its next owner! 🏢✨

Both units are fully leased and have been meticulously renovated with modern efficiency and tenant comfort in mind.

Why this is a smart play:

✅ Major Upgrades: New Pella windows, sliding doors, brand-new roof, and fresh garage doors. 🏠

✅ Energy Efficient: Upgraded insulation between units for maximum soundproofing and climate control. 🔇❄️

✅ Modern Interiors: 6 bedrooms and 4 bathrooms total (2 full baths per side!), featuring fresh paint, new carpet, durable vinyl flooring, and updated kitchens. 🍳

✅ Bonus Space: Unit 2425 features a massive 540 sq. ft. addition with a cozy new fireplace facade! 🔥

✅ Outdoor Perks: Fully fenced backyards for privacy, complete with a storage shed on one side and a concrete pad on the other. 🌳

Safety is a priority with professionally installed egress windows on both sides. Owner expenses are kept simple: garbage, sewer, and water.

📍 Location: Bismarck, ND

📈 Status: Turnkey & Income-Generating

Don’t miss out on this rare, move-in-ready investment opportunity. DM for financial details or to schedule a walkthrough! 📩

Investment highlights

Long-term renters. Fully leased. 2425 is under market value. New outdoor A/C units installed in both units 2025.

New Pella Windows, sliding doors, roof, garage doors

Upgraded insulation between units

New paint, carpets, vinyl flooring

Updated kitchen counters, oven

2425 new retaining wall on parking pad

Egress windows installed in both units

Large back yards, full privacy fencing

Upgraded both units to 2 full baths

Landlord pays: garbage, sewer, water

Tenant pays: Utilities

Listing Contacts

SM
ND ND 9989
CORE Real Estate Advisors
Listed by CORE Real Estate Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$3,700.00
$308.33/mo

Valuation Metrics

0
DSCR
0.67%
Cap Rate
0.67%
ROI

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Additional Information

Name
Crystal Neumann
License
8562
Brokerage
CORE Real Estate Advisors
Brokerage Phone
701-390-1331
Title
Broker of Record
Brokerage Address
200 E Main #202 Bismarck, ND 58501
Name
Shanda Morgan
License
ND 9989
Brokerage
CORE Real Estate Advisors
Brokerage Phone
701-390-1331
Brokerage Address
200 East Main Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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