$400,000
Watertown, SD 57201
MLS# 30-4938
8 beds | 4 baths | 2988 sqft
1 / 6
Property Description
Well-maintained fourplex at full occupancy, generating just over $4,000 per month in gross rents. Many updates include replaced A/C units, new windows in units, exterior paint, refreshed landscaping, a replaced garage door, and smaller improvements throughout. Currently self-managed, with opportunities for future updates and increased returns. Listing agent is related to the seller.
Details
Maps
Contract Information
Book Section: Multi Family
Record Number: 7105
Begin Date: 2026-10-17
List Price: $400,000
Occupied By: Renter
City/Rural: City
General Property Description
Style: Ranch
Realtor.COM Type: Multi-Family
Above Grade Sq. Ft: 1664
Total SqFt.: 2988
Year Built: 1975
Lot Size: 75 x 130.2
Total Bedrooms: 8
Total Bathrooms: 4
Baths - Full: 4
Garage Type: Detached
# Garage Stalls: 4
Waterfront Y/N: No
Lake Name: None
Remarks
Public Remarks: Well-maintained fourplex at full occupancy, generating just over $4,000 per month in gross rents. Many updates include replaced A/C units, new windows in units, exterior paint, refreshed landscaping, a replaced garage door, and smaller improvements throughout. Currently self-managed, with opportunities for future updates and increased returns.
Listing agent is related to the seller.
Utilities
Air: Window
Fuel: Electricity
Heat 1: Baseboards
None
Current Price: $400,000
Location Tax and Other Information
House Number: 613-615
Street Name: 1ST
Street Suffix: AVENUE
Street Direction Sfx: SE
State/Province: SD
Postal Code: 57201
County: Codington
Status Change Info
Status: Active
Status Change Date: 2026-10-17
Property Features
Roof: Asphalt
Listing Office: HAUGAN NELSON REALTY, INC
Last Updated: October - 17 - 2026
Information deemed reliable but not guaranteed.