418 NW 1st St, Madison, SD 57042

$134,900

bedrooms

bathrooms

square feet

1,528

Acreage

0.1793

Open Houses

Apr 26

year built

1924

Full Baths

Half Baths

Find out more

Attention investors and flippers! Sold AS-IS, this property offers an opportunity with two separate homes that can provide multiple income streams or serve as a multi-generational living setup. The main house has 3 bedrooms and 2 bathrooms, with hardwood floors. It also offers large gathering spaces perfect for entertaining, and a newer boiler for efficient heating. No matter your plan for this property, this home provides a solid foundation with plenty of possibilities. The smaller house is a cozy 1-bedroom, 1-bathroom unit with an open-concept living room, dining room, and kitchen. This space is ideal for tenants seeking simplicity and convenience or could be used as a guest house or home office. With two income streams and the potential for added value through updates, this property presents a fantastic opportunity for investors or those looking for a multi-unit setup. It’s centrally located with easy access to local amenities and right off a couple of main arteries through Madison. Don’t miss out on this income-generating diamond in the rough!

Location
Subdivision	Temporary Check Back
County	Lake
Elementary School	Madison ES
Middle School	Madison MS
High School	Madison HS

Driving directions

Open houses

Apr

Saturday

11:30AM — 12:30PM

Find out more

Tell us who you are, and we will have someone reach out to you.

Name*

Email*

Phone*

Message

I have a house to sell

By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from Kotohomes, Angela Peters, and their network of service providers about your inquiry and other home-related matters.

Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.

MLS number: 22500743

Listing agent: Angela Peters

Listing broker: Exit Realty Advantage (605) 270-2598

Copyright © 2025 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 22 2025 at 5:21 p.m. EDT

Kotohomes National