408 S Washington Street

Exceptional 4-Plex Investment Opportunity in the Heart of Bismarck! Built in 2013, this well-maintained 4-plex offers strong rental income, excellent tenant history, and modern construction designed for long-term performance. The property features 8 bedrooms, 12 bathrooms, and 8 garage spaces, providing an ideal blend of functionality, comfort, and tenant appeal. Each unit operates independently with separate HVAC systems, electrical, and gas, helping keep operating costs low and management straightforward. Tenants pay all utility expenses, with the owner responsible only for water, sewer, and garbage, creating an efficient and attractive expense structure for investors. The current rental setup includes: Unit 1: Owner-occupied (scheduled to be vacant in March), Unit 2: $1,100/month, Unit 3: $1,150/month, Unit 4: $1,150/month A rare and valuable feature of this property is its ability to be split into four individual condominium units, offering exceptional flexibility for future use—whether held as a cash-flowing asset, sold individually, or occupied while renting the remaining units. Conveniently located near downtown Bismarck, schools, medical facilities, and major amenities, this property combines location, income stability, and long-term upside. Opportunities like this—newer construction, strong rental performance, garage parking, and condo-conversion potential—are seldom available. Contact your favorite Realtor for a private showing today!