315 5TH STREET SE, Watertown, SD 57201

$117,500
Property Type: Residential Income Bedrooms: 1 Baths: 1 Square Footage: 3,112 Lot Size (sq. ft.): 7,405 Status: Closed
Current Price: $117,500 List Date: 7/30/2025 Last Modified: 12/12/2025

Overview

Description

Investor Special! Opportunity is knocking with this handyman special that's perfect for an investor seeking a rental property or a contractor looking for their next flip. This property is brimming with potential and ready for someone with vision to bring it back to life! Conveniently located between Highway 212 & downtown. This home has a private driveway & alley access for off-street parking. The main level is mostly finished with an updated kitchen & bath, while the 2nd & 3rd floors are a blank canvas, just waiting for your personal touch. Additional features include: detached double-stall garage, fenced-in yard, and newer windows. Affordable price point with great potential, giving you the flexibility to renovate & customize it to suit your needs. Whether you're a seasoned investor

Listing Details MLS# 50-1329

Contract Information

Book Section
Multi Family
Record Number
10117
Begin Date
2025-07-29
Terms
CASH @ CLOSING
Financing
Cash
Occupied By
Vacant
Sign
Yes
Possession
Upon Closing
City/Rural
City

General Property Description

Style
2 Story
Realtor.COM Type
Multi-Family
Stories
3
Above Grade Sq. Ft
2280
Total SqFt.
3112
Year Built
1900
Acres
0.17
Above Grade Bedrooms
Yes
Total Bedrooms
Yes
Total Bathrooms
Yes
Baths - Full
Yes
Garage Type
Detached
# Garage Stalls
2
Garage Remarks
572
Waterfront Y/N
No
Lake Name
None
Basement
Full

Remarks

Public Remarks
Investor Special! Opportunity is knocking with this handyman special that's perfect for an investor seeking a rental property or a contractor looking for their next flip. This property is brimming with potential and ready for someone with vision to bring it back to life! Conveniently located between Highway 212 & downtown. This home has a private driveway & alley access for off-street parking. The main level is mostly finished with an updated kitchen & bath, while the 2nd & 3rd floors are a blank canvas, just waiting for your personal touch. Additional features include: detached double-stall garage, fenced-in yard, and newer windows. Affordable price point with great potential, giving you the flexibility to renovate & customize it to suit your needs. Whether you're a seasoned investor

Location Tax and Other Information

House Number
315
Street Name
5TH
Street Suffix
STREET
Street Direction Sfx
SE
State/Province
SD
Postal Code
57201
County
Codington

Status Change Info

Status Change Date
2025-12-12
Under Contract Date
2025-11-15
Sold Date
2025-12-11

More Information

Utilities

Air
Central
Fuel
Gas
Gas
City
Water
Public
Sewer
Yes

Location, Tax and Other Information

Taxes
1269.5
Tax Year
2025
Legal
S44' LOT 4 & N5' LOT 5 BLK 24 2ND RAILWAY ADD

Miscellaneous

Curb & Gutter
Yes

Roof

Asphalt
Yes

Siding

Other
Yes

Wall

Sheet Rock
Yes

Property Features

Miscellaneous: Curb & Gutter Roof: Asphalt Wall: Sheet Rock Siding: Other Utilities: Sewer
Listing Office: PLATINUM REALTY, INC.
Last Updated: December - 12 - 2025
Broker Attribution: jsplatinumrealtysd@gmail.com

Information deemed reliable but not guaranteed.

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Watertown, SD 57201
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