$270,000
Watertown, SD 57201
MLS# 50-1377
5 beds | 3 baths | 2752 sqft
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Property 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.
Details
Documents
None
Current Price: $270,000
Contract Information
Book Section: Multi Family
Record Number: 9100
Begin Date: 2026-08-03
List Price: $270,000
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
Lot Size: 50 X 165
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
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: Active
Status Change Date: 2026-08-03
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
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 | Length | Width | Area | Width | Area |
| Living Room | Upper | 17.10 | 17.10 | 15.30 | 261.63 | 15.30 | 261.63 |
| Bathroom | Upper | 9.00 | 9.00 | 7.80 | 70.20 | 7.80 | 70.20 |
| Kitchen | Upper | 13.80 | 13.80 | 8.11 | 111.92 | 8.11 | 111.92 |
| Bedroom | Upper | 13.70 | 13.70 | 12.10 | 165.77 | 12.10 | 165.77 |
| Bedroom | Upper | 13.70 | 13.70 | 12.10 | 165.77 | 12.10 | 165.77 |
| Living Room | Main | 23.60 | 23.60 | 13.30 | 313.88 | 13.30 | 313.88 |
| Kitchen | Main | 8.50 | 8.50 | 7.60 | 64.60 | 7.60 | 64.60 |
| Bedroom | Main | 15.20 | 15.20 | 13.70 | 208.24 | 13.70 | 208.24 |
| Bedroom | Main | 11.40 | 11.40 | 9.00 | 102.60 | 9.00 | 102.60 |
| Bathroom | Main | 8.50 | 8.50 | 7.60 | 64.60 | 7.60 | 64.60 |
| Living Room | Basement | 16.90 | 16.90 | 11.60 | 196.04 | 11.60 | 196.04 |
| Kitchen | Basement | 11.11 | 11.11 | 8.20 | 91.10 | 8.20 | 91.10 |
| Bedroom | Basement | 12.90 | 12.90 | 12.40 | 159.96 | 12.40 | 159.96 |
| Bathroom | Basement | 8.20 | 8.20 | 6.80 | 55.76 | 6.80 | 55.76 |
PROPERTY DISCLOSURE 
Listing Office: PLATINUM REALTY, INC.
Last Updated: August - 04 - 2026
Information deemed reliable but not guaranteed.
Broker Attribution:
jsplatinumrealtysd@gmail.com