130 1st Avenue Se, Dickinson, ND

$2,350,000

34,731

Square feet

0.99

Acres

About 130 1st Avenue Se

Positioned in the heart of Dickinson, Queen City Manor presents a rare opportunity to acquire a stabilized, income-producing multifamily asset in one of western North Dakota’s strongest rental markets. Located at 130 1st Ave SE, this well-maintained property consists of two buildings—an 8-unit main building and a 16-unit two-story townhome building—offering a total of 24 units across approximately 34,731 square feet. Situated on a generous 42,600 SF lot, the property also features 6 garages and ample off-street parking for tenants and guests alike. With durable construction, efficient layouts, and recent renovations completed in 2025, Queen City Manor has been professionally maintained and positioned for long-term operational success. Currently operating at 100% occupancy with an estimated NOI of approximately $180,000, the asset offers immediate cash flow and strong in-place performance in a market defined by low vacancy and limited new multifamily inventory. Dickinson continues to stand out as a regional hub supported by a diverse economic base including energy, healthcare, agriculture, and transportation. Its strategic location along Interstate 94 and continued demand for workforce housing create compelling long-term upside through rental growth, appreciation, and operational stability. Whether you are expanding an existing portfolio or entering a resilient secondary market, Queen City Manor offers scale, strong occupancy, and dependable performance in a high-demand rental environment.

Features of 130 1st Avenue Se

MLS® # 7059774
Price $2,350,000
Square Footage 34,731
Acres 0.99
Year Built 1925
Type Commercial
Status Pending
Contingency Type None

Community Information

Address 130 1st Avenue Se
Subdivision Mcdonoughs Add
City Dickinson
County Stark
State ND
Zip Code 58601

Amenities

Utilities Electric Separate
Parking Detached Garage, More Parking Offsite for Fee
# of Garages 6
Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Heating Baseboard
Cooling Wall Unit(s)
Fireplace No
Has Basement No
Basement None

Exterior

Exterior Features Stone
Roof Architectural Shingle

School Information

District Dickinson

Additional Information

Zoning Business/Commercial
Foreclosure No
Short Sale No
Taxes $16,624
Tax Year 2025
Office RE/MAX Legacy Realty

Listing Details

OfficeRE/MAX Legacy Realty

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