Residential Income Duplex
216-216 1/2 High Vermillion, SD 57069
For Sale
$199,900
MULTI_FAMILY - Vermillion, SD
Property Size1,676 SF
Lot Size0.35 Acres
Price / SF$119.27
Days on Market170
Property Features for 216-216 1/2 High
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
res
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 2
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
Utilities
Heating system
Forced Air
Cooling system
Central Air, Window Unit(s)
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: Jul 29
Last Checked: Jul 30 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-lot residential income property includes a two-story front house and a separate back cottage. The front unit has four bedrooms, two bathrooms, and an unfinished basement, with an attached shed, an enclosed front porch, and an open back porch. Most of the windows are newer, and the home has two furnaces. The owner pays utilities for the 4-bedroom house, which is currently rented through 5/31/26.
The back unit (216 1/2) is a 1-bedroom, 1-bath cottage that rents for $525 per month, with the tenant paying all utilities. The property offers plenty of extra parking and additional space on the lot that could accommodate a garage. It is described as being close to schools, downtown, and a park, and the listing notes the buyer may be able to take possession with either unit empty or rented if owner-occupying.
Overall, the layout provides separate living spaces for the front house and back cottage on a compact site, with current tenancy and utility responsibility split by unit.
The back unit (216 1/2) is a 1-bedroom, 1-bath cottage that rents for $525 per month, with the tenant paying all utilities. The property offers plenty of extra parking and additional space on the lot that could accommodate a garage. It is described as being close to schools, downtown, and a park, and the listing notes the buyer may be able to take possession with either unit empty or rented if owner-occupying.
Overall, the layout provides separate living spaces for the front house and back cottage on a compact site, with current tenancy and utility responsibility split by unit.
Key Highlights
- Two‑lot property with front house (216) and back house (216 1/2) with separate rental arrangements
- Front house: 4‑bedroom, 2‑bath, 2‑story home with an unfinished basement and attached shed; rents for $1,675/mo with owner‑paid utilities
- Back house (216 1/2): 1‑bedroom, 1‑bath cottage renting for $525/mo; tenant pays all utilities
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-lot duplex with a 4-bed front home and a 1-bed back cottage plus extra parking.
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‑lot property with front house (216) and back house (216 1/2) with separate rental arrangements; Front house: 4‑bedroom, 2‑bath, 2‑story home with an unfinished basement and attached shed; rents for $1,675/mo with owner‑paid utilities; Back house (216 1/2): 1‑bedroom, 1‑bath cottage renting for $525/mo; tenant pays all utilities
