Multifamily Property in Madison,
For Sale
$2,500,000
210 Center Street West, Madison, SD 57042
Former high school converted to multifamily with underground parking.
Property Size33,870 SF
Days on Market273
Property Features for 210 Center Street West
General Information
Standard status
Active
Size
33,870 SF
Property subtype
Multifamily
Building Details
Building Size
33,870 SF
Year Built
1920
Listing Agency:
(605) 310-6666
Listed By:
Dennis Breske, MBA, CCIM, SIOR
(605) 310-6666
Source:
Siouxfallscommercial
Added: Nov 21, 2025
Changed: Aug 12
Last Checked: Aug 21 at 5:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dennis Breske, MBA, CCIM, SIOR
Investment Insights
Based on property information with market context.
This multifamily property, formerly Madison High School, features a mix of one- and two-bedroom apartments. The unit mix includes seven one-bedroom, one-bathroom units; nine smaller two-bedroom, one-bathroom units; ten larger two-bedroom, one-bathroom units; and five two-bedroom, one-bathroom units with vaulted ceilings on the third level. The property includes a large underground garage with 31 parking stalls, renovated in Fall 2024. The building has institutional-quality, solid construction. A new roof was installed in 2023-2024. A passenger elevator serves all levels. Built in 1920, the property has a stable tenant mix, with most tenants being over 55 years old.
Key Highlights
- New roof (2023‑2024) and renovated parking garage (Fall 2024)
- Institutional quality solid construction
- Diverse unit mix: one, two‑bedroom units, some with vaulted ceilings
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
Explore this area
Business Placement
Demographics for 57042, SD
8,131
Population
3,768
Households
2.2
Avg Household Size
37
Median Age
37%
College-Educated
94%
High-School Grad
193.2 sq mi
ZIP Area
42
Density / Sq Mi
$68,672
Median Household Income
$37,067
Median Earnings
$877
Median Rent
$218,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Former high school converted to multifamily with underground parking.
Where is this apartment building located?
The property is located at 210 Center Street West Madison, SD.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: New roof (2023‑2024) and renovated parking garage (Fall 2024); Institutional quality solid construction; Diverse unit mix: one, two‑bedroom units, some with vaulted ceilings
