130 1st Avenue SE, Dickinson, ND 58601

New Listing
$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: 5/03/2026

Overview

Description

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
Waterfront Present
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
IDX
Last Updated: May - 03 - 2026
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