For sale

$150,000

138 1st Ave, Waverly, SD 57201

3beds

1,708sqft

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Single Family Residence

Built in 1889

0.76 Acres Lot

$143,200 Zestimate^®

$88/sqft

$-- HOA

What's special

Fenced outdoor storage areaFamily room areaNew steel roofMassive heated shopBathroom improvements

Handyman's Dream with Massive Heated Shop! Opportunity is knocking in Waverly! Sitting on an impressive 200x165 lot -- nearly half a city block -- this property offers endless potential for a homeowner, investor, or business owner. The true highlight is the incredible 30x60 heated shop, perfect for mechanics, woodworking, storage, hobbies, or running a small business. There is also a fenced outdoor storage area that offers great potential for additional income opportunities. The fixer-upper home has already had updates started on the main floor, including sheetrock, kitchen, and bathroom improvements. Upstairs is ready for your finishing touches with space 3 bedrooms and a family room area. Home also has a new steel roof. Additional features include a fenced yard ideal for kids or dogs to play safely. With this much space, storage, and potential, this property is packed with possibilities! This property has 3 separate lots! All this for just $150,000!

34 days

1,058

48

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Interior area

Total structure area: 1,708
Total interior livable area: 1,708 sqft

Property

Parking

Total spaces: 4
Parking features: Garage
Garage spaces: 4

Lot

Size: 0.76 Acres
Dimensions: 200 x 165

Details

Parcel number: 4497 4498 4499

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Roof: Metal

Condition

Year built: 1889

Community & HOA

HOA

Has HOA: No

Location

Region: Waverly

Financial & listing details

Price per square foot: $88/sqft
Tax assessed value: $37,238
Annual tax amount: $554
Date on market: 5/27/2026

Estimated market value

$143,200

$136,000 - $150,000

$1,395/mo

Price history

Date	Event	Price
5/27/2026	Listed for sale	$150,000$88/sqft
Source: Northeast South Dakota BOR #33-1938 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$388 -43.8%	$37,238
2024	$690 +6.5%	$37,238 -39.6%
2023	$648 +11.8%	$61,616 +12.3%
2022	$580	$54,849 +14.8%
2021	--	$47,769 +0.1%
2020	$569 -0.5%	$47,712
2019	$572 -0.4%	$47,712 +0.2%
2018	$574 +4.1%	$47,618
2017	$552	$47,618 +4.9%
2016	$552 -6%	$45,380 +0%
2015	$587 +5.8%	$45,368 +7.9%
2014	$555	$42,053 +5%
2013	--	$40,051
2012	--	$40,051

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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