130 1st Avenue SE, Dickinson, ND 58601
$2,350,000
Property Type:
Commercial
Lot Size (sq. ft.):
42,689
Status:
Active
Current Price:
$2,350,000
List Date:
5/03/2026
Last Modified:
5/27/2026
Overview
Description
...
(Read more)
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.
Listing Details MLS# 7059774
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Owner Occupied
- No
- Year Built
- 1925
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Foundation Size
- 34731
- Garage Stalls
- 6
- For Sale or Lease
- For Sale
- Acres
- 0.98
- Lot Dimensions
- 300x142x300x142
- Assessment Pending
- Yes
- Other Parking Spaces
- 0
Property Features
Accessible:
None
Air Conditioning:
Wall Unit(s)
Appliances:
Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Assumable Loan:
Not Assumable
Basement:
None
CMU Style:
Apartments/Multi Family
Construction Status:
Previously Owned
Current Use:
Commercial
Exterior:
Brick/Stone
Fencing:
None
Flooring:
Tile; Vinyl/Linoleum; Wood
Foundation:
Poured Concrete
Fuel:
Electric
Heating:
Baseboard
Loan Terms:
Cash; Conventional; Other
Lock Box Type:
None
On Site Utilities:
Electric Separate
Parking Characteristics:
More Parking Offsite for Fee
Road Responsibility:
Public Maintained Road
Roof:
Architectural Shingle
Sewer:
City Sewer/Connected
Stories:
Two
Water:
City Water/Connected
Contract Information
- Exclusions
- Tenant personal property
- Contingency
- None
- ListPrice
- 2350000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 130
- Street Name
- 1st
- Street Suffix
- Avenue
- Street Direction Suffix
- SE
- Postal City
- Dickinson
- County
- Stark
- State
- ND
- Zip Code
- 58601
- Complex/Dev/Subdivision
- Mcdonoughs Add
Assessments
- Assessment Balance
- 1414.38
- Assessment Installment
- 1414.38
- Tax With Assessments
- 18037
Building Information
- Building Finished SqFt
- 34731
- Building SqFt
- 34731
More Information
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Sale Options
- Sale Includes
- Building, Land
Unit Details
- Total Units
- 24
Office/Member Info
- Association
- FMR
Location, Tax and Other Information
- Legal Description
- MCDONOUGH'S ADD L 7-12 B B
- Listing City
- Dickinson
- Map Page
- 999
- Municipality
- Dickinson
- School District
- Dickinson
- Zip Plus 4
- 6626
- Property ID Number
- 41120002000700
- Tax Year
- 2025
- Tax Amount
- 16623.52
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- Yes
Directions & Remarks
- Public Remarks
- 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.
- Directions
- Google Maps
Accessible
- None
- Yes
Air Conditioning
- Wall Unit(s)
- Yes
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Assumable Loan
- Not Assumable
- Yes
Basement
- None
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick/Stone
- Yes
Fencing
- None
- Yes
Flooring
- Tile
- Yes
- Vinyl/Linoleum
- Yes
- Wood
- Yes
Foundation
- Poured Concrete
- Yes
Fuel
- Electric
- Yes
Heating
- Baseboard
- Yes
Lock Box Type
- None
- Yes
Parking Characteristics
- More Parking Offsite for Fee
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Roof
- Architectural Shingle
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- Two
- Yes
Water
- City Water/Connected
- Yes
On Site Utilities
- Electric Separate
- Yes
CMU Style
- Apartments/Multi Family
- Yes
Current Use
- Commercial
- Yes
Loan Terms
- Cash
- Yes
- Conventional
- Yes
- Other
- Yes
Listing Office:
RE/MAX Legacy Realty
Last Updated: May - 27 - 2026
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