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 buildingsan 8-unit main building and a 16-unit two-story townhome buildingoffering 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.
| MLS # | 7059774 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1925 |
| Days On Site | 113 |
| Listing Provided By | RE/MAX Legacy Realty | Blaine Cook |
| SQ Feet | 34,731 |
|---|---|
| Garage | 6 |
| Story(s) | 2 |
| Units | 24 |
| Zoning | Business/Commercial |
| Acreage | 0.99 |
| Cooling | Wall Unit(s) |
|---|---|
| Heating | Baseboard |
| Appliances | Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer |
| Roof | Architectural Shingle |
|---|
| Parking Features | Detached Garage, More Parking Offsite for Fee |
|---|
| Utilities | Electric Separate |
|---|
| Property | 16623 |
|---|
| State | ND |
|---|---|
| County | Stark |
| City | Dickinson |
| Zip Code | 58601 |
| Community Name | Mcdonoughs Add |
| School District | ND45001 |
| High School | Dickinson |
| Listing VS Median (in Mcdonoughs Add) | |
Price: $2,350,000 low | high Med: $2,350,000 sqft: 34,731 low | high Med: 34,731 $ / sqft: $68 low | high Med: $68 On site: 113 low | high Med: 113 | |
| State | ND |
|---|---|
| County | Stark |
| City | Dickinson |
| Zip Code | 58601 |
| Community Name | Mcdonoughs Add |
| School District | ND45001 |
| High School | Dickinson |
| Listing VS Median (in Mcdonoughs Add) | |
Price: $2,350,000 low | high Med: $2,350,000 sqft: 34,731 low | high Med: 34,731 $ / sqft: $68 low | high Med: $68 On site: 113 low | high Med: 113 | |