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

Property Description

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.