1009 Lake Ave Bismarck, ND 58504
Park Hill NeighborhoodEstimated payment $2,109/month
Highlights
- Ranch Style House
- Wood Flooring
- 2 Car Garage
- Century High School Rated A
- No HOA
- Enclosed Patio or Porch
About This Home
Turnkey, income-producing duplex in Bismarck with a proven mid-term rental history and immediate cash-flow potential. This fully renovated ranch-style property offers two distinct living spaces, including a bright, open-concept upper level with a large updated kitchen, dining, and living area, plus two bedrooms and a full bath. The lower level features a private entrance, full kitchen, living and dining areas, two bedrooms, and a bath--ideal for maximizing rental flexibility with mid-term, long-term, or owner-occupied strategies. Additional highlights include shared yet functional laundry access for both units, an attached single-stall garage, and a detached single-stall garage--enhancing tenant appeal and value. Positioned in a strong-demand area, this is a rare, plug-and-play investment opportunity designed for both immediate returns and long-term appreciation.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,042
Year Built
- Built in 1952
Lot Details
- 8,520 Sq Ft Lot
- Lot Dimensions are 60 x 142
- Rectangular Lot
- Level Lot
Parking
- 2 Car Garage
- Alley Access
- Driveway
- On-Street Parking
Home Design
- Duplex
- Ranch Style House
- Asphalt Roof
- Steel Siding
- Concrete Perimeter Foundation
Interior Spaces
- Window Treatments
- Living Room
- Dining Room
- Fire and Smoke Detector
Kitchen
- Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Exterior Basement Entry
- Basement Window Egress
Outdoor Features
- Enclosed Patio or Porch
- Rain Gutters
Utilities
- Ductless Heating Or Cooling System
- Central Air
- Boiler Heating System
- Heating System Uses Natural Gas
- Underground Utilities
- Natural Gas Connected
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0155-005-015
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 |
|---|---|---|---|---|
| 2025 | $3,477 | $142,550 | $25,000 | $117,550 |
| 2024 | $3,547 | $125,700 | $20,000 | $105,700 |
| 2023 | $3,404 | $125,700 | $20,000 | $105,700 |
| 2022 | $3,287 | $129,250 | $20,000 | $109,250 |
| 2021 | $2,898 | $105,150 | $19,000 | $86,150 |
| 2020 | $2,780 | $103,100 | $19,000 | $84,100 |
| 2019 | $2,717 | $103,100 | $0 | $0 |
| 2018 | $2,448 | $98,200 | $19,000 | $79,200 |
| 2017 | $1,771 | $98,200 | $19,000 | $79,200 |
| 2016 | $1,771 | $93,600 | $14,000 | $79,600 |
| 2014 | -- | $83,350 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/18/2026 04/18/26 | Pending | -- | -- | -- | |
| 04/13/2026 04/13/26 | For Sale | $349,900 | +75.0% | $160 / Sq Ft | |
| 08/02/2013 08/02/13 | Sold | -- | -- | -- | View Prior Sale |
| 08/02/2013 08/02/13 | Pending | -- | -- | -- | |
| 08/01/2013 08/01/13 | For Sale | $200,000 | -- | $84 / Sq Ft |
Source: Bismarck Mandan Board of REALTORS®
MLS Number: 4024656
APN: 0155-005-015
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Ask me questions while you tour the home.