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$1,150,000

Est. payment - /mo

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0.35 Acres Lot

Pending

536/538/550 1st ST W 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 M & S Add

MLS Listing ID 7066838

Year Built 1952

Annual Tax Amount $5,183

Tax Year 2025

Contingent None

Lot Size 0.347 Acres

Lot Dimensions 135x112x135x112

Property Description

Exceptional multifamily investment opportunity now available in Dickinson, North Dakota. This fully occupied portfolio includes 536 1st St. E., 538 1st St. E., and 550 1st St. E., offering investors the chance to acquire stabilized workforce housing in one of western North Dakota's most resilient rental markets.

The offering consists of 11 total units (including one shared laundry room) spread across two buildings with approximately 6,600+ combined square feet situated on a 15,120 SF lot. Originally built in 1952 and recently renovated, the properties feature updated interiors, off-street parking, and strong in-place occupancy designed for immediate cash flow and long-term investment stability.

Positioned near downtown Dickinson with convenient access to Interstate 94, healthcare services, retail, and major employment drivers tied to the Bakken region, the portfolio benefits from strong rental demand, low vacancy trends, and limited multifamily inventory throughout the market. Dickinson continues to experience consistent workforce housing demand driven by the region's energy, agriculture, transportation, and healthcare sectors.

Whether you are expanding an existing portfolio or entering the western North Dakota multifamily market, this offering provides strong income potential, operational consistency, and future upside in a growing, supply-constrained market.

Location

State ND

County Stark

Zoning Residential-Multi-Family

Rooms

Basement None

Interior

Heating Baseboard

Cooling Central Air

Flooring Vinyl

Inclusions Building, Land

Fireplace No

Appliance Dishwasher, Microwave, Range, Refrigerator

Exterior

Parking Features On-Street Parking Only, More Parking Offsite for Fee

Fence None

Utilities Available Electric Separate, Heating Separate

Present Use Commercial

Building

Story Two

Foundation 5048

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

536/538/550 1st ST W Dickinson, ND 58601

Lucas Hansen

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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