3 adjacent houses that rent for $5750/mo, all with commercial zoning. 224 frontage and 180 depth. Excellent traffic count and visibility, close to USD campus. Across fom new bank and surrounded by lots of newer construction. Prime location that pays for itself till you are ready to develop. Excellent investment opportunity. 1203 and 1209 are recently remodeled. 1215 is a duplex, Fully rented. 1203 and 1209 tenants pay all utilities. 1215 and 1215 1/2 owner pays all utilities.
For sale
Price cut: $10K (4/3)
$615,000
1203-09-15 E Cherry St, Vermillion, SD 57069
15beds
5,275sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$117/sqft
$-- HOA
What's special
- 51 days
- on Zillow |
- 191 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: April 03, 2025 at 07:48am
Listed by:
Barbara Iacino 605-677-8198,
Dakota Realty
Source: Northwest Iowa Regional BOR,MLS#: 827832

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 6
- Full bathrooms: 5
- 3/4 bathrooms: 1
Heating
- Forced Air
Cooling
- Other-See Comments
Interior area
- Total structure area: 5,275
- Total interior livable area: 5,275 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 15
- Parking features: No Garage, Crushed Rock
Features
- Frontage length: Road: 224
Lot
- Size: 0.93 Acres
- Features: Level
Details
- Parcel number: 15540-00100-04000
- Zoning: Commercial
- Zoning description: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Vermillion
Financial & listing details
- Price per square foot: $117/sqft
- Annual tax amount: $9,054
- Price range: $615K - $615K
- Date on market: 3/6/2025
- Total actual rent: 5750
- Tenant pays: Water, Electricity, Gas
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