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 Market262
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
Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 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
Additional Details
Tenant in Place
Yes
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
Central Air, Window Unit(s)
Building Details
Year built
1887
Number of units
2
Buildings
2
Listing Agency:
Dakota Realty
(605) 624-4474
Listed By:
Barbara Iacino
(605) 677-8198
Added: Feb 10
Changed: Oct 28
Last Checked: Oct 30 at 12:06AM
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.
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Investment Insights
Based on property information with market context.
The property comprises two residences on two lots totaling 0.3457 acres. The front house is a two-story, four-bedroom, two-bathroom home with an unfinished basement, attached shed, enclosed front porch, and open rear porch. Most windows have been updated, and the house has two furnaces. A separate rear cottage provides one bedroom and one bathroom.
Additional parking is available on the site, with space for a garage. The front house is leased through May 31, 2026; the cottage is also described as a rental. Heating is forced air, and cooling includes central air and a window unit.
Additional parking is available on the site, with space for a garage. The front house is leased through May 31, 2026; the cottage is also described as a rental. Heating is forced air, and cooling includes central air and a window unit.
Key Highlights
- Two residences on 0.3457 acres across 2 lots
- Front house: 4 bedrooms, 2 bathrooms, two stories, and an unfinished basement
- Separate rear cottage with 1 bedroom and 1 bathroom
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
585
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two separate residences occupy a two-lot site with additional parking and room for a garage.
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 residences on 0.3457 acres across 2 lots; Front house: 4 bedrooms, 2 bathrooms, two stories, and an unfinished basement; Separate rear cottage with 1 bedroom and 1 bathroom
