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Two-Unit Duplex with Cottage
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 Market215

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 3, Bedroom 4, Bedroom 2, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 2
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
Listed By: Barbara Iacino
Added: Feb 10 Changed: Sep 12 Last Checked: Sep 13 at 4:06AM
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-unit residential property includes a two-story four-bedroom home and a separate one-bedroom cottage. The main residence features two bathrooms, an unfinished basement, an attached shed, an enclosed front porch, an open rear porch, and newer windows across much of the house. It is served by two furnaces, with central air and window-unit cooling available. The cottage provides a compact one-bedroom, one-bath layout.

The property occupies two lots totaling 0.3457 acres at 216–216 1/2 High in Vermillion. The 1,676-square-foot property was built in 1887 and is zoned res. Both residences have on-site parking, with additional room for a garage. The property is near schools, downtown, and a park. The larger unit is rented through 5/31/26, while the smaller residence is separately occupied; an owner-occupant may have either unit delivered vacant or rented as desired.

Key Highlights

  • Two‑unit property with a 4‑bedroom main home and separate 1‑bedroom cottage
  • Two lots totaling 0.3457 acres with room for a garage
  • Main residence includes an unfinished basement, attached shed, and enclosed front porch

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Dental Office HVAC Service Garden Center

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
Multi-tenant
Tenancy
Yes
Utilities to site

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
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

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 - Two separate residences offer a larger home and a detached cottage with flexible occupancy options.
Where is this duplex 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‑unit property with a 4‑bedroom main home and separate 1‑bedroom cottage; Two lots totaling 0.3457 acres with room for a garage; Main residence includes an unfinished basement, attached shed, and enclosed front porch
More about this property
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