• 5302 51st Ave S, Suite B - Fargo, ND 58104
  • 701-566-7080
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$1,000,000
536 550 1st Street E
Dickinson, ND 58601
MLS# 4022620
8266 sqft
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DJI_20251104133415_0940_D-HDR DJI_20251104133758_0001_D-HDR Units 536 and 538 Building 550 with 8 units Parking spaces with electrical 1000035114 (1) 1000035119 (1) 1000035097 (1) 1000035117 (1) DJI_20251104133525_0960_D-HDR DJI_20251104133556_0970_D-HDR DJI_20251104133542_0965_D-HDR DJI_20251104133428_0945_D-HDR DJI_20251104133444_0950_D-HDR DJI_20251104133457_0955_D-HDR DJI_20251104133625_0975_D-HDR DJI_20251104133705_0985_D-HDR DJI_20251104133655_0980_D-HDR DJI_20251104133744_0995_D-HDR DJI_20251104133729_0990_D-HDR

Property Description
Prime investment with a 9.5% cap rate! This property consists of two buildings: 550 1st St E. - Built in 1952, this 7,572 sq.ft. building includes 8 units (six 2-bed/1-bath and two 1-bed/1-bath). Each unit has been updated, providing comfortable living spaces. There is potential in the basement to add shared laundry facilities and or storage. 536/538 1st St E. - Built in 1910, this charming 2,352 sq.ft. building features two spacious 2-bed/1-bath units (one on the main floor and one upper unit). The basement offers shared laundry facilities. Opportunity for partial seller financing!

Details
Maps
Documents
Contract Information
List Price/SqFt: 120.98
Price Type: Sale Only
List Price: $1,000,000
Current Price: $1,000,000
Date Listed: 2025-11-04
Remarks
Public Remarks: Prime investment with a 9.5% cap rate! This property consists of two buildings: 550 1st St E. - Built in 1952, this 7,572 sq.ft. building includes 8 units (six 2-bed/1-bath and two 1-bed/1-bath). Each unit has been updated, providing comfortable living spaces. There is potential in the basement to add shared laundry facilities and or storage. 536/538 1st St E. - Built in 1910, this charming 2,352 sq.ft. building features two spacious 2-bed/1-bath units (one on the main floor and one upper unit). The basement offers shared laundry facilities. Opportunity for partial seller financing!
Location
Sub Area: Dickinson City SE
Street Number: 536 550
Street Name: 1st
Street Type: Street
Street Direction Sfx: E
Area: Dickinson City
State: ND
Zip Code: 58601
County: Stark
Legal, Tax and Other Information
Taxes: 5235
Tax Year: 2024
Specials Installment: 0
Specials Balance: 0
Pending Specials: No
Zoning: Commercial
Parcel ID: 41-0040-18040-000
Legal Description: W112' N135' BLOCK 18, MESSERSMITH & SIMPSON
General Property Information
Lot SqFt: 15120
Lot Acres: 0.347
Lot Dimensions: 112x135
Total Unfinished SqFt: 874
Finished Above Grade SqFt: 6616
Finished Below Grade SqFt: 1650
Garage: No
Accessibility Features: No
Fee: No
Property Sub Type: Multi Family
Year Built: 1910
Total Finished SqFt: 8266
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Trash Pickup - Public: 1
Business Type
Other: 1
Basement
Full: 1
Partially Finished: 1
Storage Space: 1
Cooling
Wall/Window Unit(s): 1
Heating
Baseboard: 1
Electric: 1
Architectural Style
Apartment Style: 1
Levels
Two: 1
Foundation
Block: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Owner May Carry: 1
Possession
Close Of Escrow: 1
Exterior Features
Courtyard: 1
Patio And Porch Features
# of Patios: 1
Lot Features
Corner Lot: 1
Rectangular Lot: 1
Water Source
Public: 1
Other Structures
Shed(s): 1
Sewer
Public Sewer: 1
Road Frontage Type
City Street: 1
Tenant Pays
Electricity: 1
Heating: 1
Sewer: 1
Trash Collection: 1
Water: 1
Status Change Info
Status: Active
Property Features
Business Type: Other
Cooling: Wall/Window Unit(s)
Heating: Baseboard; Electric
Architectural Style: Apartment Style
Levels: Two
Foundation: Block
Basement: Full; Partially Finished; Storage Space
Exterior Features: Courtyard
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Connected; Sewer Connected; Water Connected; Trash Pickup - Public
Tenant Pays: Electricity; Heating; Sewer; Trash Collection; Water
Road Frontage Type: City Street
Listing Terms: 1031 Exchange; Cash; Owner May Carry
Possession: Close Of Escrow
Lot Features: Corner Lot; Rectangular Lot
Other Structures: Shed(s)
Listing Office: Century 21 Morrison Realty

Last Updated: November - 05 - 2025

Information deemed reliable but not guaranteed.

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