Two-Unit Multifamily
For Sale
$199,900
216-216 1/2 High, Vermillion, SD 57069
Multi-Unit, Vermillion, SD
Property Size1,676 SF
Lot Size0.35 Acres
Price / SF$119.27
Days on Market237
Property Features for 216-216 1/2 High
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
res
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bathroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 5
Lot features
Level Lot, Trees
Elementary school
Vermillion
Middle school
Vermillion
High school
Vermillion
Directions
from downtown, go North on High
Subdivision
Surrounding Areas/Other Areas
Standard status
Active
APN
15720-05100-04000
Size
1,676 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
lots 3 and 4 , blk 51 (2 houses) Snyders
Tax Annual Amount
4601
Legal Description
lots 3 and 4 , blk 51 (2 houses) Snyders
Utilities
Heating system
Forced Air
Cooling system
Window Unit(s), Central Air
Building Details
Year built
1887
Number of units
2
Listing Agency:
Dakota Realty
(605) 624-4474
Listed By:
Barbara Iacino
(605) 677-8198
Added: Feb 10
Changed: Sep 30
Last Checked: Oct 5 at 8:06PM
MLS# 831750
Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-home multifamily property includes a two-story, four-bedroom, two-bath house with an unfinished basement, attached shed, enclosed front porch, and open rear porch. Most windows in the larger home have been replaced, and the house has two furnaces. A separate cottage offers one bedroom and one bathroom. The combined property measures 1,676 square feet on 0.3457 acres across two lots.
Both residences are currently rented. The larger home is leased through 5/31/26, while its tenant pays rent and the owner covers utilities. The cottage tenant pays utilities. The property has additional parking, and the lot has room for a garage or expansion. Heating is forced air; cooling includes window units and central air. The larger house was built in 1887.
Both residences are currently rented. The larger home is leased through 5/31/26, while its tenant pays rent and the owner covers utilities. The cottage tenant pays utilities. The property has additional parking, and the lot has room for a garage or expansion. Heating is forced air; cooling includes window units and central air. The larger house was built in 1887.
Key Highlights
- Two homes on two lots totaling 0.3457 acres
- 1,676 square feet; the front house has 4 bedrooms and 2 baths
- Separate cottage with 1 bedroom and 1 bath
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
585
Businesses Nearby
Explore this area
Business Placement
Demographics for 57069, SD
13,005
Population
5,307
Households
2.5
Avg Household Size
27
Median Age
50%
College-Educated
94%
High-School Grad
169.3 sq mi
ZIP Area
77
Density / Sq Mi
$54,720
Median Household Income
$20,652
Median Earnings
$731
Median Rent
$225,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Two separate homes provide a four-bedroom residence and a one-bedroom cottage on a two-lot parcel.
Where is this multifamily property located?
The property is located at 216-216 1/2 High Vermillion, SD.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two homes on two lots totaling 0.3457 acres; 1,676 square feet; the front house has 4 bedrooms and 2 baths; Separate cottage with 1 bedroom and 1 bath
