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  • $134,900

    418 NW 1st St, Madison, SD 57042

    3beds
    1,528sqft
    : 
    Single Family Residence
    Built in 1924
    7,810 Square Feet Lot
    $-- Zestimate®
    $88/sqft
    $-- HOA

    What's special

    Large gathering spacesHardwood floors
    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!
    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#: 22500743MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 418 NW 1st St.

    Next available tour time:Today at 12:30pm

    Open house

    • Sat, Apr 26

      11:30 AM - 12:30 PM

    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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