Investors, take note! This meticulously maintained 8-unit property is a rare opportunity to add a turnkey asset to your portfolio. With zero vacancies and a consistent history of proactive care, this building delivers dependable cash flow and tenant satisfaction. Major updates include new siding and windows in 2008, a durable steel metal roof installed in 2018, and a gas water heater replaced in 2019. The building boiler is inspected annually, ensuring reliable performance. Additional improvements include a new washer (2024), dryer (2022), and freshly repaired and repainted fascia and soffit (2024). Tenants enjoy clean, well-kept units and modern laundry facilities. This property has been thoughtfully managed and is positioned for long-term success. Don’t miss out on this rare investment opportunity!
Active
$625,000
301 W Prospect Ave, Flandreau, SD 57028
16beds
8baths
6,528sqft
Est.:
Multi Family
Built in 1978
-- sqft lot
$-- Zestimate®
$96/sqft
$-- HOA
What's special
Durable steel metal roofModern laundry facilitiesNew siding and windowsWell-kept units
- 155 days
- on Zillow |
- 210 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: December 04, 2024 at 07:20am
Listed by:
Jacob Benedict,
Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls
Source: Realtor Association of the Sioux Empire,MLS#: 22408585

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
Heating
- Hot Water
Cooling
- Window Unit(s)
Appliances
- Included: Refrigerator, Oven/Range, Washer, Dryer, All Units, Community Water Heater
Features
- Flooring: Carpet, Vinyl
- Windows: Window Coverings
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 6,528
- Total interior livable area: 6,528 sqft
Property
Parking
- Parking features: Paved
Features
- Stories: 2
- Entry location: Community
Lot
- Size: 0.34 Acres
- Dimensions: 100 x 150
Details
- Parcel number: 21110303
- Zoning: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Metal/Vinyl
- Roof: Other
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters
Community & HOA
Community
- Security: Fire Alarm, Smoke Detector(s), Fire Sprinkler System
- Subdivision: Other - Outside Jurisdiction
Location
- Region: Flandreau
Financial & listing details
- Price per square foot: $96/sqft
- Tax assessed value: $184,901
- Annual tax amount: $3,469
- Price range: $625K - $625K
- Date on market: 11/22/2024
- Lease term: Month To Month
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