Attention investors and flippers! Sold AS-IS, this property offers an opportunity with two separate homes that can provide multiple income streams or serve as a multi-generational living setup. The main house has 3 bedrooms and 2 bathrooms, with hardwood floors. It also offers large gathering spaces perfect for entertaining, and a newer boiler for efficient heating. No matter your plan for this property, this home provides a solid foundation with plenty of possibilities. The smaller house is a cozy 1-bedroom, 1-bathroom unit with an open-concept living room, dining room, and kitchen. This space is ideal for tenants seeking simplicity and convenience or could be used as a guest house or home office. With two income streams and the potential for added value through updates, this property presents a fantastic opportunity for investors or those looking for a multi-unit setup. It’s centrally located with easy access to local amenities and right off a couple of main arteries through Madison. Don’t miss out on this income-generating diamond in the rough!
Active
$134,900
418 NW 1st St, Madison, SD 57042
3beds
1,528sqft
Est.:
Single Family Residence
Built in 1924
7,810 Square Feet Lot
$-- Zestimate®
$88/sqft
$-- HOA
What's special
Large gathering spacesHardwood floors
- 84 days
- on Zillow |
- 572 |
- 26 |
Zillow last checked: 7 hours ago
Listing updated: April 13, 2025 at 02:24pm
Listed by:
Angela Peters,
EXIT Realty Advantage
Source: Realtor Association of the Sioux Empire,MLS#: 22500743

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Open house
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Description: Wood Floor
- Level: Upper
- Area: 169
- Dimensions: 13 x 13
Bedroom 2
- Description: Wood Floor
- Level: Upper
- Area: 156
- Dimensions: 13 x 12
Bedroom 3
- Description: Wood Floor
- Level: Upper
- Area: 100
- Dimensions: 10 x 10
Bathroom 2
- Description: Full Bath
Dining room
- Description: Hardwood Floors
- Level: Main
- Area: 169
- Dimensions: 13 x 13
Kitchen
- Description: Hardwood Floor
- Level: Main
- Area: 110
- Dimensions: 11 x 10
Living room
- Description: Hardwood Floors
- Level: Main
- Area: 325
- Dimensions: 25 x 13
Basement
- Area: 728
Heating
- Hot Water
Cooling
- None
Appliances
- Included: Electric Oven/Range, Dishwasher, Refrigerator, Electric Water Heater
Features
- Formal Dining Rm, 3+ Bedrooms Same Level, Ceiling Fan(s)
- Flooring: Wood, Vinyl, Concrete
- Basement: Full
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 2,256
- Total interior livable area: 1,528 sqft
- Finished area above ground: 1,528
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: None, Detached, Dirt Drive
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: 3-Season Porch
Lot
- Size: 7,810 Square Feet
- Dimensions: 55 x 142
- Features: City Lot
Details
- Additional structures: Additional Buildings
- Parcel number: 210400110009010
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Shingle Composition
Condition
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Temporary Check Back
HOA
- Has HOA: No
Location
- Region: Madison
Financial & listing details
- Price per square foot: $88/sqft
- Tax assessed value: $106,200
- Annual tax amount: $1,886
- Price range: $134.9K - $134.9K
- Date on market: 1/31/2025
- Road surface type: Asphalt
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