130 1st Avenue SE, Dickinson, ND 58601
Mcdonoughs Add · Stark County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Year Built
1925
Stories
2
Lot Size
0.98 acres
Lot Dimensions
300x142x300x142
Garage Spaces
6
Zoning
Business/Commercial
MLS® Listing#
7059774
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Fencing
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$18,037
Parcel Number
41120002000700
Directions
Google Maps
Affordability Calculator
$470,000
Estimated monthly payment
$12,508/mo
Principal $1,880,000 · Est. interest $2,622,767 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Dickinson, ND
- $362,500
- Median Listing Price
- 52
- Median Days on Market
- 2,112
- Median Sq Ft
- $156
- Median Price / Sq Ft
- 27
- Active Listings
- This home’s price is 548% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Dickinson, ND.
Location
Points of Interest in Dickinson, ND
Showing the Dickinson area map.
Nearby Schools
Trinity Elementary West
Elementary · 0.5 mi away
Roosevelt Elementary School
Elementary · 0.6 mi away
Berg Elementary School
Elementary · 0.6 mi away
Hagen Junior High School
Secondary · 0.6 mi away
Southwest Community High School
Secondary · 0.6 mi away
Dickinson Public Schools
School · 0.7 mi away
Heart River Elementary School
Elementary · 0.8 mi away
Jefferson Elementary School
Elementary · 1.0 mi away
Redeemer Lutheran Church
Elementary · 1.0 mi away
Lincoln Elementary School
Elementary · 1.2 mi away
Trinity High School
Secondary · 1.3 mi away
Dickinson High School
Secondary · 1.3 mi away
Prairie Rose Elementary
Elementary · 2.6 mi away
West River Student Services
School · 2.6 mi away
Hope Christian Academy
School · 2.6 mi away
Dickinson Middle School
Secondary · 2.8 mi away
Invitation Hill Seventh-Day Adventist Church & School
School · 4.2 mi away
South Heart School
Elementary · 9.6 mi away
Taylor-Richardton Elementary School
Elementary · 17.3 mi away
Belfield High School
Secondary · 19.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 0000 State Avenue N, Dickinson, ND | $1,747,000 | — | — | — |
| 0 Highway 10 W, Dickinson, ND | $2,200,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Dickinson
Listing Courtesy: RE/MAX Legacy Realty - 7014925050
Presented by: Blaine Cook