416 4TH STREET NW, Watertown, SD 57201

New Listing
$270,000
Property Type: Residential Income Bedrooms: 5 Baths: 3 Square Footage: 2,752 Lot Size (sq. ft.): 8,276 Status: Active
Current Price: $270,000 List Date: 8/03/2026 Last Modified: 8/03/2026

Overview

Description

INVESTMENT OPPORTUNITY! THIS INCOME-PRODUCING TRIPLEX GENERATES $2,900 PER MONTH IN RENTAL INCOME AND OFFERS AN EXCELLENT OPPORTUNITY TO ADD TO YOUR INVESTMENT PORTFOLIO. THE MAIN-FLOOR UNIT FEATURES 2 BEDROOMS, 1 FULL BATH, AND A SPACIOUS LIVING ROOM. THE UPPER-LEVEL UNIT ALSO OFFERS 2 BEDROOMS, 1 FULL BATH, AND A GENEROUSLY SIZED LIVING ROOM. THE LOWER-LEVEL UNIT INCLUDES 1 BEDROOM AND 1 FULL BATH. ALL THREE UNITS SHARE A COIN-OPERATED WASHER AND DRYER, PROVIDING ADDITIONAL INCOME POTENTIAL. THE PROPERTY FEATURES NEWER VINYL SIDING AND ALLEY ACCESS FOR CONVENIENT OFF-STREET PARKING. WHETHER YOU'RE A SEASONED INVESTOR OR LOOKING TO PURCHASE YOUR FIRST MULTI-FAMILY PROPERTY, THIS TRIPLEX OFFERS IMMEDIATE RENTAL INCOME WITH ROOM FOR FUTURE POTENTIAL.

Listing Details MLS# 50-1377

Contract Information

Book Section
Multi Family
Record Number
9100
Begin Date
2026-08-03
Terms
CASH @ CLOSING
Occupied By
Renter
Sign
Yes
Possession
Upon Closing
City/Rural
City

General Property Description

Style
1.5 Story
Realtor.COM Type
Multi-Family
Above Grade Sq. Ft
1804
Total SqFt.
2752
Year Built
1907
Acres
0.19
Above Grade Bedrooms
4
Total Bedrooms
5
Total Bathrooms
3
Baths - Full
3
Garage Type
None
%Basment Finished
95
Waterfront Y/N
No
Lake Name
None
Elementary School
Watertown
High School
Watertown
Basement
Full

Remarks

Public Remarks
INVESTMENT OPPORTUNITY! THIS INCOME-PRODUCING TRIPLEX GENERATES $2,900 PER MONTH IN RENTAL INCOME AND OFFERS AN EXCELLENT OPPORTUNITY TO ADD TO YOUR INVESTMENT PORTFOLIO. THE MAIN-FLOOR UNIT FEATURES 2 BEDROOMS, 1 FULL BATH, AND A SPACIOUS LIVING ROOM. THE UPPER-LEVEL UNIT ALSO OFFERS 2 BEDROOMS, 1 FULL BATH, AND A GENEROUSLY SIZED LIVING ROOM. THE LOWER-LEVEL UNIT INCLUDES 1 BEDROOM AND 1 FULL BATH. ALL THREE UNITS SHARE A COIN-OPERATED WASHER AND DRYER, PROVIDING ADDITIONAL INCOME POTENTIAL. THE PROPERTY FEATURES NEWER VINYL SIDING AND ALLEY ACCESS FOR CONVENIENT OFF-STREET PARKING. WHETHER YOU'RE A SEASONED INVESTOR OR LOOKING TO PURCHASE YOUR FIRST MULTI-FAMILY PROPERTY, THIS TRIPLEX OFFERS IMMEDIATE RENTAL INCOME WITH ROOM FOR FUTURE POTENTIAL.

Location Tax and Other Information

House Number
416
Street Name
4TH
Street Suffix
STREET
Street Direction Sfx
NW
State/Province
SD
Postal Code
57201
County
Codington

Status Change Info

Status Change Date
2026-08-03

More Information

Utilities

Air
Window
Fuel
Gas
Gas
City
Heat 1
Forced Air
Water
Public
Water Heater Type
Electric
Water Heater Size
30(gas), 40, 50 gal
Sewer
Yes

Location, Tax and Other Information

Taxes
2169.26
Tax Year
2026
Legal
LOT 12 BLK 5 MELLETTE & MCINTYRE ADD

Roof

Asphalt
Yes

Floor

Carpet
Yes
Linoleum
Yes
Luxury Vinyl Plank
Yes

Siding

Vinyl
Yes

Trim

Wood
Yes

Wall

Panel
Yes
Plaster
Yes
Sheet Rock
Yes

Property Features

Roof: Asphalt Wall: Panel; Plaster; Sheet Rock Trim: Wood Siding: Vinyl Floor: Carpet; Linoleum; Luxury Vinyl Plank Utilities: Sewer

Room Information

Room Name Level Length Width Area
Living Room Upper 17.10 15.30 261.63
Bathroom Upper 9.00 7.80 70.20
Kitchen Upper 13.80 8.11 111.92
Bedroom Upper 13.70 12.10 165.77
Bedroom Upper 13.70 12.10 165.77
Living Room Main 23.60 13.30 313.88
Kitchen Main 8.50 7.60 64.60
Bedroom Main 15.20 13.70 208.24
Bedroom Main 11.40 9.00 102.60
Bathroom Main 8.50 7.60 64.60
Living Room Basement 16.90 11.60 196.04
Kitchen Basement 11.11 8.20 91.10
Bedroom Basement 12.90 12.40 159.96
Bathroom Basement 8.20 6.80 55.76
Listing Office: PLATINUM REALTY, INC.
Last Updated: August - 03 - 2026
Broker Attribution: jsplatinumrealtysd@gmail.com

Information deemed reliable but not guaranteed.

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Watertown, SD 57201
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