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$2,350,000

Est. payment - /mo

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0.99 Acres Lot

Pending

130 1st AVE SE Dickinson, ND 58601

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Lucas Hansen

lucas@ts-re.com +1(507) 402-0347

UPDATED:

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Subdivision Mcdonoughs Add

MLS Listing ID 7059774

Year Built 1925

Annual Tax Amount $16,623

Tax Year 2025

Contingent None

Lot Size 0.989 Acres

Lot Dimensions 300x142x300x142

Property 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.

Location

State ND

County Stark

Zoning Business/Commercial

Rooms

Basement None

Interior

Heating Baseboard

Cooling Wall Unit(s)

Flooring Tile, Vinyl, Wood

Inclusions Building, Land

Fireplace No

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Exterior

Parking Features Detached Garage, More Parking Offsite for Fee

Garage Spaces 6.0

Fence None

Utilities Available Electric Separate

Roof Type Architectural Shingle

Present Use Commercial

Building

Story Two

Foundation 34731

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District Dickinson

Listed by Blaine Cook • RE/MAX Legacy Realty

NEARBY SCHOOL & BUSINESS

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Lucas Hansen

Agent License ID: 40680555

+1(507) 402-0347

130 1st AVE SE Dickinson, ND 58601

Lucas Hansen

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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