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Lisbon, ND 58054

New Listing

$675,000

Living into kitchen and entry - 202.jpeg

Property Type: Commercial Bedrooms: 15 Baths: 15 Square Footage: 10,140 Lot Size (sq. ft.): 150 Status: Active

Current Price: $675,000 List Date: 6/20/2026 Last Modified: 6/20/2026

Overview

Description

Great location, 15 unit Property, no steps for the first floor, easy building to own with low cost of operations. On site laundry and extra storage closets for additional rent. Most units have been updated with paint and flooring. Nine of the units are traditional one bedrooms, six are larger studios that have a built in divider, the studios often rent out better than the one bedrooms. Financials available upon request.

Listing Details MLS# 7096488

General Property Information

Lot Measurement: Square Feet
Multiple PIDs?: No
Other Parking Spaces: 20
Owner Occupied: No
Waterfront YN: No
Year Built: 1980
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Lot Size SqFt: 150
Foundation Size: 10140
For Sale or Lease: For Sale
Lot Dimensions: 100x150
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: No Stairs External Air Conditioning: Wall Unit(s) Amenities Shared: Coin-op Laundry Owned Assumable Loan: Not Assumable CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Existing Financing: Conventional Exterior: Brick/Stone Foundation: None Fuel: Electric Heating: Other Loan Terms: Conventional On Site Utilities: Electric Separate; Heating Separate; Hot Water Common Owner Pays: Hot Water; Sewer; Trash Collection; Water Parking Characteristics: Parking Lot Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity; Heat Unit 15: Total Bathrooms Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 675000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

Postal City: Lisbon
County: Ransom
State: ND
Zip Code: 58054
Complex/Dev/Subdivision: Coltons 3rd Add

Building Information

Building Finished SqFt: 10140
Building SqFt: 10140

Lease Details

Land Leased: Not Applicable

More Information

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Sale Options

Sale Includes: Building

Unit 1

Unit Number: 101
Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Total Rooms: 4
Level: Main Level
Unit Total SqFt: 550
Leased?: Yes
Lease Expiration Date: 2026-01-01
No. of 1 Bedroom Units: 15

Unit 10

Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 10

Unit 11

Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 11

Unit 12

Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 12

Unit 13

Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 13

Unit 14

Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 14

Unit 15

Full Baths: Yes
Total Bedrooms: Yes
Unit Number: 15
Total Bathrooms: Yes

Unit 2

Full Baths: Yes
Lease Expiration Date: 2026-01-01
Leased?: Yes
Level: Main Level
Total Bathrooms: Yes
Total Bedrooms: Yes
Total Rooms: 5
Unit Number: 102
Unit Total SqFt: 550

Unit 3

Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 3

Unit 4

Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 4

Unit 5

Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 5

Unit 6

Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 6

Unit 7

Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 7

Unit 8

Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 8

Unit 9

Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 9

Unit Details

Total Units: 15

Office/Member Info

Association: FMR

Location, Tax and Other Information

Legal Description: COLTON'S 3RD ADDITION; CITY OF LISBON
Listing City: Lisbon
Map Page: 999
Municipality: Lisbon
School District: Lisbon
Zip Plus 4: 902
Property ID Number: 285141000
Tax Year: 2024
Tax Amount: 0
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Great location, 15 unit Property, no steps for the first floor, easy building to own with low cost of operations. On site laundry and extra storage closets for additional rent. Most units have been updated with paint and flooring. Nine of the units are traditional one bedrooms, six are larger studios that have a built in divider, the studios often rent out better than the one bedrooms. Financials available upon request.
Directions: One Block off of Main on 9th Ave

Accessible

No Stairs External: Yes

Air Conditioning

Wall Unit(s): Yes

Amenities Shared

Coin-op Laundry Owned: Yes

Assessments

Assessment Balance: 0
Tax With Assessments: 0

Assumable Loan

Not Assumable: Yes

Construction Status

Previously Owned: Yes

Existing Financing

Conventional: Yes

Exterior

Brick/Stone: Yes

Foundation

None: Yes

Fuel

Electric: Yes

Heating

Other: Yes

Owner Pays

Hot Water: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes

Parking Characteristics

Parking Lot: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Income and Expenses

Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Gross Income: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Net Income: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

Tenant Pays

Electricity: Yes
Heat: Yes

On Site Utilities

Electric Separate: Yes
Heating Separate: Yes
Hot Water Common: Yes

CMU Style

Apartments/Multi Family: Yes

Current Use

Residential: Yes

Loan Terms

Conventional: Yes

Listing Office: Trilogy Real Estate

Last Updated: June - 20 - 2026

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