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611 1st St, Wakonda, SD 57073

Wakonda
Local realty services provided by:CENTURY 21 Professional Real Estate
611 1st St,Wakonda, SD 57073
$465,000
  • - Beds
  • - Baths
  • 7,040 sq. ft.
  • Multi-family
  • Active
Listed by: mason schramm
Office: the move group
MLS#:117442
Source:SD_LCAR

Price summary

  • Price:$465,000
  • Price per sq. ft.:$66.05

About this home

Discover the perfect addition to your investment portfolio with this 8-unit multifamily building in the charming community of Wakonda, South Dakota. The building features seven spacious 2-bedroom units and one cozy 1-bedroom unit, appealing to a variety of tenant needs. With off-street parking and on-site coin-operated laundry, the property offers convenience and practicality for residents. New pitched roof completed in Spring 2026. Operating expenses are well-structured, with the owner covering water, sewer, and common area electrical costs, while tenants are responsible for their own electric, cable, and internet services. This arrangement ensures predictable expenses and maximizes your returns. Financial details are available for pre-qualified buyers, making it easy to evaluate the property’s strong performance. Whether you’re a seasoned investor or just starting to build your portfolio, this multifamily building in Wakonda is a rare find that combines affordability,...

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Home facts

  • Year built:1975
  • Listing ID #:117442
  • Added:2 day(s) ago
  • Updated:June 04, 2026 at 02:42 PM

Rooms and interior

  • Living area:7,040 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Asphalt Shingles
  • Year built:1975
  • Building area:7,040 sq. ft.
  • Lot area:0.64 Acres
  • Architectural Style:2 Story
  • Construction Materials:Brick
  • Levels:2 Story

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$465,000
  • Price per sq. ft.:$66.05
  • Tax amount:$3,588 (2023)

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