ND
Morton
Mandan
58554
304 6th NW Avenue
304 6th NW Avenue, Mandan, ND 58554
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Listing Type
Multi Family
Listing Status
active
29
$370,000

Home Details for 304 6th NW Avenue

Price
$370,000
Type
Residential Income
Bedrooms
10
Bathrooms
4.0
Square feet
4035
Year built
1909
Lot size acres
0.16
County
Morton
Garage
2
Basement
Partially Finished, Unfinished
Days on site
15
MLS Listing#
4022538
Property Description

Fully Occupied Triplex - Strong Cash Flow & Recent Updates. Turnkey triplex bringing in $3,600/month in rental income. Built in 1909 and well maintained with recent major updates completed, including new roof 2024 central A/C 2023 new windows 2021 Each unit is updated and fully rented with solid tenants. Property includes a two-stall attached, heated garage plus off-street parking for all tenants. Low maintenance and dependable income make this good opportunity for a home owner looking for a a primary residence with rental income. For the investor savvy buyer this 9.2 cap property is right up your alley! Each unit is fully occupied with long-term tenants. • Gross Income: $43,200/year • Property Taxes: $3,400/year • Insurance: $2,000/year • Estimated Maintenance/Utilities: $2,500/year • Total Estimated Expenses: $8,100/year • Net Operating Income (NOI): $35,100/year • Asking Price: $385,000 • Estimated Cap Rate: ≈ 9.2% Strong cash flow, low maintenance, and recent capital improvements make this a reliable, hassle-free addition to any investment portfolio. The main floor unit is a 4 bed 2 bath with in unit laundry. Unit 2 is a 3 bed 1 bath with in unit Laundry. Unit 3 is a 2 bed 1 bath. The property is professionally managed by Clooten Property Management inc. and a 24 hour notice is required.

Property Features
  • Parking
    • Garage Faces Rear
    • Driveway
    • Additional Parking
    • Alley Access
    • Concrete
  • Basement
    • Partially Finished
    • Unfinished
  • Cooling Information
    • Central Air
  • Heating Information
    • Forced Air
  • Water Features
    • Public
  • Utilities
    • Electricity Connected
School Information
School Information for 304 6th NW Avenue, Mandan, ND 58554
Elementary School
N/A
Middle School
Mandan
High School
Mandan High
Listing Courtesy: Better Homes and Gardens Real Estate Alliance Group - 701-222-2217
Presented by: LEE D GIERSZEWSKI
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Great North MLS. IDX information is provided exclusively for consumers' personal, non - commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 Great North MLS. All Rights Reserved.
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EXIT PREMIER REALTY
417 1st Ave E Ste 3, Williston, ND 58801
Office
701 770 7183
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