613-615 1ST AVENUE SE, Watertown, SD 57201

$400,000
Property Type: Residential Income Bedrooms: 8 Baths: 4 Square Footage: 2,988 Status: Active
Current Price: $400,000 List Date: 10/17/2026 Last Modified: 10/17/2026

Overview

Description

Well-maintained fourplex at full occupancy, generating just over $4,000 per month in gross rents. Many updates include replaced A/C units, new windows in units, exterior paint, refreshed landscaping, a replaced garage door, and smaller improvements throughout. Currently self-managed, with opportunities for future updates and increased returns. Listing agent is related to the seller.

Listing Details MLS# 30-4938

Contract Information

Book Section
Multi Family
Record Number
7105
Begin Date
2026-10-17
Occupied By
Renter
City/Rural
City

General Property Description

Style
Ranch
Realtor.COM Type
Multi-Family
Above Grade Sq. Ft
1664
Total SqFt.
2988
Year Built
1975
Total Bedrooms
8
Total Bathrooms
4
Baths - Full
4
Garage Type
Detached
# Garage Stalls
4
Waterfront Y/N
No
Lake Name
None

Remarks

Public Remarks
Well-maintained fourplex at full occupancy, generating just over $4,000 per month in gross rents. Many updates include replaced A/C units, new windows in units, exterior paint, refreshed landscaping, a replaced garage door, and smaller improvements throughout. Currently self-managed, with opportunities for future updates and increased returns. Listing agent is related to the seller.

Location Tax and Other Information

House Number
613-615
Street Name
1ST
Street Suffix
AVENUE
Street Direction Sfx
SE
State/Province
SD
Postal Code
57201
County
Codington

Status Change Info

Status Change Date
2026-10-17

More Information

Utilities

Air
Window
Fuel
Electricity
Heat 1
Baseboards

Property Features

Roof: Asphalt
Listing Office: HAUGAN NELSON REALTY, INC
Last Updated: October - 17 - 2026
Information deemed reliable but not guaranteed.

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114 West Kemp Ave
Watertown, SD 57201
Phone  (605) 753-0138
FAX:  (605) 753-0137

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