Search
Renovated 24-Unit Apartment Property
For Sale
$2,350,000

130 1st Ave SE, Dickinson, ND 58601

Two-building multifamily property combines apartment and townhome layouts with on-site garages and off-street parking.

Property Size34,731 SF
Lot Size0.98 Acres
Price / SF$67.66
Days on Market40

Property Features for 130 1st Ave SE

General Information

Standard status Active
Size 34,731 SF
Lot size 0.98 Acres
Occupancy 100%
Net Operating Income $180,000

Additional Details

Highway Access Yes
Multifamily Units 24

Building Details

Year Built 1925
Year Renovated 2025
Buildings 2
Listing Agency: RE/MAX Legacy Realty
Listed By: Blaine Cook
Source: Chrisfritchteam
Added: Jul 21 Changed: Aug 29 Last Checked: Aug 29 at 3:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Legacy Realty

Investment Insights

Based on property information with market context.

Located at 130 1st Ave SE in Dickinson, Queen City Manor comprises two residential buildings totaling 24 units and approximately 34,731 square feet. The main building contains 8 units, while the separate two-story townhome building provides 16 units. The property sits on a 42,600 SF lot with 6 garages and off-street parking.

Originally built in 1925, the asset underwent renovations completed in 2025. It is currently reported at 100% occupancy. Dickinson is positioned along Interstate 94 and serves as a regional center for energy, healthcare, agriculture, and transportation activity. The property’s configuration provides a mix of traditional apartment and townhome residences within one multifamily asset.

Key Highlights

  • 24 units across approximately 34,731 square feet
  • 8‑unit main building plus a 16‑unit two‑story townhome building
  • Renovations completed in 2025

Property Analytics

Current Use

All spec clean (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

787
Businesses Nearby

Demographics for 58601, ND

29,697
Population
13,619
Households
2.2
Avg Household Size
34
Median Age
28%
College-Educated
91%
High-School Grad
570.6 sq mi
ZIP Area
52
Density / Sq Mi
$81,008
Median Household Income
$49,085
Median Earnings
$968
Median Rent
$269,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Two-building multifamily property combines apartment and townhome layouts with on-site garages and off-street parking.
Where is this apartment building located?
The property is located at 130 1st Ave SE Dickinson, ND.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 24 units across approximately 34,731 square feet; 8‑unit main building plus a 16‑unit two‑story townhome building; Renovations completed in 2025
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message