418 NW 1st St, Madison SD 57042

$134,900

418 NW 1st St, Madison, SD 57042

bedrooms

bathrooms

square feet

1,528

Acreage

0.1793

Open Houses

year built

1924

Full Baths

Half Baths

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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

None scheduled.

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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: Thursday, February 27 2025 at 9:06 a.m. EST

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