516 N Highland Avenue
Madison, SD 57042
14
Bed
0
Bath
6,816Sqft
0.05Acre(Lot)
Attention Investors! A rare opportunity awaits in Madison, SD, home to the rapidly growing Dakota State University. This well-maintained 8-plex is the perfect addition to any portfolio, whether you're a seasoned investor or just expanding into multi-family properties. Each of the eight units comes equipped with its own refrigerator and stove, and the building also includes a coin-operated washer and dryer set for added income. With its prime location, strong appeal to a wide range of renters, this 8-plex offers an excellent addition to any investment portfolio.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 14 -
Flooring Information
Carpet, Laminate -
Roofing Information
Other -
Interior Features
Roof: Other Appliances: Refrigerator, Range, Washer, Dryer Window Features: Window Coverings -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Electric
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Building Information
Year Built: 1970 Building Area Total: 1 Construction Materials: Wood Siding Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 147x149 Lot Size Acres: 0.0505 Lot Size Square Feet: 2200Property Information
Subdivision: Smith And Trows Addn Source Property Type: Residential Income MLS Area Minor: SF-60 Property SubType: Multi Family Property Age: 56
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Listing Price Information
Listing Price: $649000
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Tax Information
Parcel Number: 211100420003010 Tax Legal Desc: LOTS 1-2-3 BLK 42 SMITH & TROW EXC LOT H-1 #1290M
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Parking Information
Paved
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School Information
Elementary School: Madison ESJunior High School: Madison MSSenior High School: Madison HS -
Location Information
Direction: North of the Pizza Ranch on Highway 81 to Property WaterSource: Public
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ByOwner last updated this listing 07/04/2026 @ 02:39
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