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418 NW 1st St

Madison, SD 57042
  • $134,900
  • STATUS: Active
  • ON SITE: 53 Days
  • MLS #: 22500743
UPDATED: 5 min ago
$134,900
  • 3
    BEDS
  • 0.18
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 1,528
    SQFT
  • $88
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1924
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

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. Its centrally located with easy access to local amenities and right off a couple of main arteries through Madison. Dont miss out on this income-generating diamond in the rough!

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Sioux Empire Realty Group | Hegg Realtors are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-03-26T13:18:35.617.
www.sellthe605.com/homes/159923770
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418 NW 1st St Madison, SD 57042

  • Price: $134,900
  • Status: Active
  • On Site: 53 Days
  • Updated: 5 min ago
  • MLS #: 22500743
3
Beds
1
Baths
1
½ Baths
0.18
Acres
1,528
SQFT
$88
$/SQFT
1924
Built
Neighborhood:
Temporary Check Back
County:
Lake
Area:
Sf-60
Elementary School:
Madison Es
Middle School:
Madison Ms
High School:
Madison Hs
School District:
Madison Central 39-2
Property Description
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. Its centrally located with easy access to local amenities and right off a couple of main arteries through Madison. Dont miss out on this income-generating diamond in the rough!
Exterior Features

Exterior Wood Foundation Poured Garage Description None Garage Dimensions 14'x22' Garage Type Detached Lot Description City Lot Roof Shingle Composition Site Features 3-Season PorchDirt DriveAdditional Buildings Streets AsphaltPublic Maintenance Style Two Story Style Subtype None

Interior Features

Basement Full Bedroom2 Level Upper Bedroom3 Level Upper Cooling No AC Equipment Electric Oven/RangeDishwasherRefrigeratorCeiling Fans Fireplace Location Living Room Fireplace Types Wood Burning Fireplaces 1 Floors WoodVinylConcrete Heating Hot Water Interior Features Formal Dining Rm3+ Bedrooms Same Level Main Level Fireplace YN Yes Master Bedroom Length 13 Master Bedroom Level Upper Master Bedroom Width 13 Rooms 11 Sq Ft Finished Above Grade 1528 Sq Ft Finished Basement 0 Sq Ft Finished Main 800 Sq Ft Finished Upper 728 Sq Ft Unfinished Basement 728 Water Heater Electric

Property Features

Additional Property Info None Bank Owned REO No Hoa YN No Inside City Limits YN Yes Land Owned Or Leased Owned Lot Dimensions 55x142 Possession Negotiable Residential Type Single Family Sewer City Sewer Short Sale No Sq Ft Source Tax Data Taxes 1886.62 Taxes Reflect Non-Owner Occupied Water City Water

Realtor Association of the Sioux Empire logo Listing provided courtesy of Angela Peters of EXIT Realty Advantage: 605-556-7500. © 2025 REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Sioux Empire Realty Group | Hegg Realtors are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-03-26T13:18:35.617.
 
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Sioux Empire Realty Group | Hegg Realtors
6225 S. Minnesota Ave
Sioux Falls SD, 57108