202 Prospect new Save Request In-Person Tour Request Virtual Tour
Vermillion,SD 57069
Key Details
Property Type Multi-Family
Sub Type Multi-Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,062 sqft
Price per Sqft $82
MLS Listing ID 830107
Bedrooms 4
Full Baths 2
Year Built 1897
Annual Tax Amount $4,187
Tax Year 2024
Lot Size 6,534 Sqft
Property Sub-Type Multi-Unit
Property Description
Investment Opportunity – Duplex Near USD Campus This duplex investment property is located on a corner lot within walking distance to the University of South Dakota and downtown Vermillion. Both units are separately metered for utilities, offering convenience and efficiency for owners and tenants alike. Unit 1 (Main Level): 2 bedrooms, 1 bathroom, approximately 1,031 sq. ft., featuring hardwood floors, spacious layout, and natural light. Unit 2 (Upper Level): 2 bedrooms, 1 bathroom, approximately 1,031 sq. ft., updated with brand-new carpet. Both units are currently leased through May 31, 2026, providing immediate rental income and long-term stability. This property has a strong rental history and built-in demand thanks to its prime location. Whether you're expanding your portfolio or looking for a turnkey income-producing property, this duplex checks all the boxes.
Location
State SD
County Clay
Area Surrounding Areas/Other Areas
Zoning R-2
Multi-Unit Info
Total Units 2
Unit 1 Information SqFt: 1031; Bedroom: 2; Bathroom: 1; FullBath: 1
Unit 2 Information SqFt: 1031; Bedroom: 2; Bathroom: 1; FullBath: 1
Interior
Heating Forced Air
Cooling Window Unit
Exterior
Parking Features None
Building
Sewer City
Water City
Schools
Elementary Schools Vermillion
Middle Schools Vermillion
High Schools Vermillion