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5,048 sqft

$1,150,000

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

Price per sqft$227.81
Built in1952
Property size5,048 sqft
Property typeCommercial
Courtesy of RE/MAX Legacy Realty, Blaine Cook Listing Contact:

Overview

Active

Listed May 3, 2026

Updated 42h ago

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.

Other Property Details

Taxes
$5,183
Tax Frequency
Annually
Municipality
Dickinson
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Listings courtesy of Northstar MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Michelle Ryan shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 3:34 AM UTC on 10/23/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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