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$649,000
6 Days On Site
516 N Highland AveMadison, SD 57042
For Sale|Multi Family|Active
14
Beds
17
Total Baths
6,816
SqFt
$95
/SqFt
1970
Built
Subdivision:
Smith And Trows Addn
County:
Lake
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Monthly Payment (Est.)
$2,961Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
Attention Investors! A rare opportunity awaits in Madison, SD, home to the rapidly growing Dakota State University. This well-maintained 8-plex is the perfect addition to any portfolio, whether you're a seasoned investor or just expanding into multi-family properties. Each of the eight units comes equipped with its own refrigerator and stove, and the building also includes a coin-operated washer and dryer set for added income. With its prime location, strong appeal to a wide range of renters, this 8-plex offers an excellent addition to any investment portfolio.
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Listing Snapshot
Price
$649,000
Days On Site
6 Days
Bedrooms
14
Inside Area (SqFt)
6,816 sqft
Total Baths
17
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.0505 Acres
Year Built
1970
MLS® Number
22603347
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 6 days ago | Listing updated with changes from the MLS® | |
| 7 days ago | Listing first seen on site |
General Features
Acres
0.0505
Parking
Paved
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
1
Water Source
Public
Interior Features
Appliances
RefrigeratorRangeWasherDryer
Cooling
Electric
Flooring
CarpetLaminate
Heating
Natural Gas
Window Features
Window Coverings
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Exterior Features
Construction Details
Wood Siding
Roof
Other
Windows/Doors
Window Coverings
Community Features
Building Access
Community
MLS Area
SF-60
School District
MadisonCen
Schools
School District
MadisonCen
Elementary School
Madison ES
Middle School
Madison MS
High School
Madison HS
Listing courtesy of Emily Heyn of Signature Realty Group LLC eheyn.signature@gmail.com
Information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. The data relating to real estate on this website comes in part from the Realtor Association of the Sioux Empire MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than Signature Realty Group LLC are marked with the Realtor Association of the Sioux Empire MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated at: 2026-05-19 10:43 AM UTC
Information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. The data relating to real estate on this website comes in part from the Realtor Association of the Sioux Empire MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than Signature Realty Group LLC are marked with the Realtor Association of the Sioux Empire MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated at: 2026-05-19 10:43 AM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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