130 1st Avenue SE Dickinson, ND 58601

$2,350,000
Active
 |  MLS # 7059774
Active
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About The Listing

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 courtesy of Blaine Cook, RE/MAX Legacy Realty
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Contingency Type: None
Year Built: 1925
MLS #: 7059774
Garage Spaces: 6
Parking Description: Detached Garage, More Parking Offsite for Fee
Sewer Description: City Sewer/Connected
Air Conditioning Type: Wall Unit(s)
Water: City Water/Connected
Heat Type: Baseboard
Basement: None
Foundation Type: Poured Concrete
Roof Description: Architectural Shingle
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 05/27/2026
List Date: 05/03/2026
Listing Agent ID: 582502319
Listing Office: RE/MAX Legacy Realty
Listing Office ID: 252445
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Flooring: Tile, Vinyl, Wood
Exterior Features: Stone
Fence: None
Lot Dimensions: 300x142x300x142
Lot Size: 0.989 Acres
School District: Dickinson
Tax Year: 2025
Estimated Taxes: $16,624
Contingency Type: None
City: Dickinson
Zip: 58601
County: Stark
Subdivision: Mcdonoughs Add
State: ND
Listing last updated: 05/27/26

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