$625,000

301 W Prospect Ave Flandreau, SD 57028

$7,422
Closing credit¹
Multi-Family

Property details

About 301 W Prospect Ave

Investors, take note! This meticulously maintained 8-unit property is a rare opportunity to add a turnkey asset to your portfolio. With zero vacancies and a consistent history of proactive care, this building delivers dependable cash flow and tenant satisfaction. Major updates include new siding and windows in 2008, a durable steel metal roof installed in 2018, and a gas water heater replaced in 2019. The building boiler is inspected annually, ensuring reliable performance. Additional improvements include a new washer (2024), dryer (2022), and freshly repaired and repainted fascia and soffit (2024). Tenants enjoy clean, well-kept units and modern laundry facilities. This property has been thoughtfully managed and is positioned for long-term success. Don’t miss out on this rare investment opportunity!

Highlights

Home typeMulti Family
HeatingHot Water
StatusActive
CoolingWindow Unit(s)
Year built1978
MLS #22408585

Summary

  • MLS Number: 22408585
  • Office Name: Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls
  • Listing Agent: Jacob Benedict

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is provided exclusively 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. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Broker Reciprocity
©2025 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2025, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of split foyer home

$625,000

301 W Prospect Ave

$7,422

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$184,901$-
2022$150,531$-
2021$143,181$-
2020$143,181$-
2019$143,181$-
2018$143,181$-
2017$143,181$-

History based on county public records data.

Nearby schools

3

Flandreau Elementary - 04

Public District KG-4

0.2 mi

500 W Community Dr

5

Elkton Elementary School

Public District PK-6

13.7 mi

508 Buffalo St

5

Hill Elementary School

Public District 2-4

14.2 mi

900 6th Ave SW

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,188. The majority of Flandreau, SD residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

29%
<35k
68%
35k-100k
2%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

39%
Single, No Kids
17%
Single, with Kids
27%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
35%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • RamRam
  • GMCGMC
  • DodgeDodge

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

This home is located at 301 W Prospect Ave in Flandreau, SD and zip code 57028. Features: 0 bathroom. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $625,000.

From Rocket Homes Real Estate and based on county public records data.

More resources

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