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Two-Unit Duplex with Laundry
For Sale
$169,900

216-218 W Cedar, Vermillion, SD 57069

MULTI_FAMILY - Vermillion, SD

Property Size1,924 SF
Lot Size0.15 Acres
Price / SF$88.31
Days on Market191

Property Features for 216-218 W Cedar

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-2
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 2
Elementary school Vermillion
Middle school Vermillion
High school Vermillion
Directions one block North of Clay County Courthouse
Subdivision Surrounding Areas/Other Areas
Standard status Active
APN 15720-0420014003
Size 1,924 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description E 1/2 LOTS 13 AND 14, BLK 42, SNYDERS
Tax Annual Amount 3568
Legal Description E 1/2 LOTS 13 AND 14, BLK 42, SNYDERS

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1900
Number of units 2
Listing Agency: Dakota Realty
Listed By: Barbara Iacino
Added: Feb 10 Changed: Aug 19 Last Checked: Aug 20 at 8:06AM
MLS# 831749

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 1,924-square-foot duplex contains two residential units within an up-and-down configuration. The upper apartment has two bedrooms, one bathroom, a large kitchen, and front and rear entryways. The lower unit includes two bedrooms, one bathroom, and an additional storage room, with a garden-level feel rather than a conventional basement. Each unit has its own washer and dryer, while the lower residence has a separate furnace and air-conditioning system. The upper unit is occupied by a long-term tenant who handles lawn and snow care, and its second floor could be finished to create a third bedroom.

The property occupies 0.1515 acres and was built in 1900. It includes parking and is zoned R-2. Downtown, schools, and a park are nearby. Forced-air heating and central air are provided.

Key Highlights

  • 1,924‑square‑foot duplex on a 0.1515‑acre lot
  • Two 2‑bedroom, 1‑bath units with an up‑and‑down layout
  • Separate washer and dryer for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Dental Office HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

585
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Up-and-down layout offers separate entries, private laundry, and a garden-level lower residence.
Where is this duplex located?
The property is located at 216-218 W Cedar Vermillion, SD.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: 1,924‑square‑foot duplex on a 0.1515‑acre lot; Two 2‑bedroom, 1‑bath units with an up‑and‑down layout; Separate washer and dryer for each unit
More about this property
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