$849,900
1839 Allison Drive
Bismarck, ND 58501
MLS# 4027526
16 beds  |  8 baths  |  7152 sqft


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Property Description
Excellent opportunity to acquire a well-maintained 8-unit multifamily property in Bismarck. All eight units feature a consistent 2-bedroom, 1-bathroom layout and are in great condition, making this a clean and attractive investment opportunity.The property currently generates $7,750 per month in gross rental income. Tenants also benefit from shared coin-operated laundry and a large parking lot with ample off-street parking.With a strong unit mix, solid current income, and well-kept interiors, this property offers an excellent opportunity for an investor looking to add a stabilized multifamily asset to their portfolio. Conveniently located near shopping, dining, employment, and other Bismarck amenities. Contact your favorite REALTOR® today for additional information, financials, or to schedule a private showing.

Details
Maps
Documents
Contract Information
List Price: $849,900
Current Price: $849,900
List Price/SqFt: 118.83
Date Listed: 2026-09-01
Remarks
Included: Ranges, Refrigerators, Washers, Dryers
Directions: GPS is correct
Public Remarks: Excellent opportunity to acquire a well-maintained 8-unit multifamily property in Bismarck. All eight units feature a consistent 2-bedroom, 1-bathroom layout and are in great condition, making this a clean and attractive investment opportunity.The property currently generates $7,750 per month in gross rental income. Tenants also benefit from shared coin-operated laundry and a large parking lot with ample off-street parking.With a strong unit mix, solid current income, and well-kept interiors, this property offers an excellent opportunity for an investor looking to add a stabilized multifamily asset to their portfolio. Conveniently located near shopping, dining, employment, and other Bismarck amenities. Contact your favorite REALTOR® today for additional information, financials, or to schedule a private showing.
Location
Street Number: 1839
Street Name: Allison
Street Type: Drive
Area: Bismarck City
Sub Area: Bismarck City NE
State: ND
Zip Code: 58501
County: Burleigh
General Property Information
Property Sub Type: Multi Family
Lot SqFt: 15875
Lot Acres: 0.3644
Lot Dimensions: 127X125
Year Built: 1977
Bedrooms Total: 16
Total Full Baths: 8
Total Baths: 8
Main Finished SqFt: 3576
Upper Finished SqFt: 3576
Finished Above Grade SqFt: 7152
Total Finished SqFt: 7152
Garage: No
Fireplace: No
Accessibility Features: No
Association: No
Patio And Porch Features
# of Decks: 4
# of Patios: 2
Status Change Info
Status: Active
Property Features
Basement: Egress Windows; Finished; Full
Roof: Asphalt; Fiberglass; Shingle
Architectural Style: Apartment Style
Levels: Two
Flooring: Carpet; Linoleum; Vinyl
Heating: Boiler
Cooling: Wall/Window Unit(s)
Construction Materials: HardiPlank Type
Appliances: Disposal; Dryer; Range; Refrigerator; Washer
Interior Features: Smoke Detector(s); Window Treatments
Foundation: Concrete Perimeter
Listing Terms: 1031 Exchange; Cash
Possession: Close Of Escrow
Exterior Features: Keyless Entry; Lighting; Rain Gutters
Lot Features: Landscaped; Lot - Owned; Rectangular Lot
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Trash Pickup - Public
Parking Features: No Garage
Water Source: Public
Sewer: Public Sewer
Road Frontage Type: City Street
Road Surface Type: Asphalt; Paved
Fencing: None

Listing Office: Realty One Group - Encore

Last Updated: October - 21 - 2026

Information deemed reliable but not guaranteed.