304 6th Ave NW Mandan, ND 58554
Estimated payment $2,300/month
Highlights
- Porch
- 2 Car Garage
- Lap Siding
- Forced Air Heating and Cooling System
- Rectangular Lot
- Carpet
About This Home
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.
Listing Agent
Better Homes and Gardens Real Estate Alliance Group License #9838 Listed on: 10/30/2025
 
                        Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,415
Year Built
- Built in 1909
Lot Details
- 7,000 Sq Ft Lot
- Lot Dimensions are 50x140
- Rectangular Lot
Parking
- 2 Car Garage
- Alley Access
- Rear-Facing Garage
- Driveway
- Additional Parking
Home Design
- Triplex
- Shingle Roof
- Lap Siding
Interior Spaces
- 2-Story Property
- Fire and Smoke Detector
- Partially Finished Basement
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
Outdoor Features
- Rain Gutters
- Porch
Schools
- Mandan Middle School
- Mandan High School
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 65-2747000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement | 
|---|---|---|---|---|
| 2024 | $3,415 | $135,300 | $0 | $0 | 
| 2023 | $3,242 | $128,200 | $0 | $0 | 
| 2022 | $3,310 | $134,700 | $0 | $0 | 
| 2021 | $3,038 | $124,600 | $0 | $0 | 
| 2020 | $3,047 | $235,500 | $0 | $0 | 
| 2019 | $2,882 | $120,600 | $0 | $0 | 
| 2018 | $2,766 | $120,600 | $9,100 | $111,500 | 
| 2017 | $2,683 | $117,350 | $9,100 | $108,250 | 
| 2016 | $2,536 | $118,000 | $9,100 | $108,900 | 
| 2015 | $2,664 | $118,250 | $9,100 | $109,150 | 
| 2014 | $2,070 | $81,400 | $6,250 | $75,150 | 
| 2013 | $1,952 | $72,650 | $5,700 | $66,950 | 
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | 
|---|---|---|---|---|
| 10/30/2025 10/30/25 | For Sale | $385,000 | -- | $95 / Sq Ft | 
Purchase History
| Date | Type | Sale Price | Title Company | 
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $250,000 | North Dakota Guaranty & Ttl | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | North Dakota Guaranty & Titl | 
Mortgage History
| Date | Status | Loan Amount | Loan Type | 
|---|---|---|---|
| Previous Owner | $200,000 | Commercial | |
| Previous Owner | $200,000 | Commercial | |
| Previous Owner | $125,000 | Purchase Money Mortgage | 
Source: Bismarck Mandan Board of REALTORS®
MLS Number: 4022538
APN: 65-2747000
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