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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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130 1st Ave SE , Dickinson, ND 58601
$2,350,000
Est. Payment: $5,222.22/mo
0 Bed
0 Bath
34731 Sqft
Status: Pending | Days on site: 85
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252445 - 582502319,9999
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Hatch Brokered by Real, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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.
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Highlights

Listed by Blaine Cook , 701-720-4719 RE/MAX Legacy Realty , 701-492-5050. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Commercial Sale
Lot/Acreage
0.99

Year Built

1925

County

Stark

 Neighborhood

Mcdonoughs Add

 School District

Dickinson

Listing ID

7059774

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Appliances:Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Air Cond:Wall Unit(s)
Fireplaces:
Water:City Water/Connected

Exterior Features

Lot Dimensions:300x142x300x142
Zoning:Business/Commercial
Roof:Architectural Shingle
Sewer:City Sewer/Connected
Parking Features:Detached Garage,More Parking Offsite for Fee
Principal Interest
$5,222
Taxes
$1,385

Home Price

$2,350,000

Loan Details

30 yrs
%

Down Payment

20%
$470,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,222.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,222.22 $1,385.29 $0.00 $6,607.52
Yearly $62,666.67 $16,623.52 $0.00 $79,290.19
Total $1,880,000.00 $498,705.60 $0.00 $2,378,705.60
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Will Provost
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Market insight data is pulled from the same city as the listing being viewed (Dickinson, ND).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-06T08:58:07.000Z

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