Investment Opportunity – Duplex Near USD Campus This duplex investment property is located on a corner lot within walking distance to the University of South Dakota and downtown Vermillion. Both units are separately metered for utilities, offering convenience and efficiency for owners and tenants alike. Unit 1 (Main Level): 2 bedrooms, 1 bathroom, approximately 1,031 sq. ft., featuring hardwood floors, spacious layout, and natural light. Unit 2 (Upper Level): 2 bedrooms, 1 bathroom, approximately 1,031 sq. ft., updated with brand-new carpet. Both units are currently leased through May 31, 2026, providing immediate rental income and long-term stability. This property has a strong rental history and built-in demand thanks to its prime location. Whether you’re expanding your portfolio or looking for a turnkey income-producing property, this duplex checks all the boxes.
Sold for $150,000
Street View
$150,000
202 Prospect St, Vermillion, SD 57069
4beds
2,062sqft
Multi Family
Built in 1897
-- sqft lot
$153,000 Zestimate®
$73/sqft
$962 Estimated rent
Home value
$153,000
Estimated sales range
Not available
$962/mo
Zestimate® history
Owner options
List your home for rent
$962/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$962/mo
Rent Zestimate®
Refinance and save
$797/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$797/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Lori Whitman 605-670-0829,
Maloney Real Estate
Bought with:
Barbara Iacino
Dakota Realty
Source: Northwest Iowa Regional BOR,MLS#: 830107
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Window Unit(s)
Interior area
- Total structure area: 2,062
- Total interior livable area: 2,062 sqft
- Finished area below ground: 0
Property
Parking
- Parking features: No Garage, Concrete, Gravel
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 157200500007000
- Zoning: R-2
- Zoning description: R-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1897
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Vermillion
Financial & listing details
- Price per square foot: $73/sqft
- Tax assessed value: $191,655
- Annual tax amount: $4,187
- Price range: $150K - $150K
- Date on market: 8/30/2025
- Total actual rent: 1800
- Tenant pays: Water, Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Listing removed | $900 |
Source: Zillow Rentals Report a problem | ||
| 6/4/2026 | Listed for rent | $900+12.5% |
Source: Zillow Rentals Report a problem | ||
| 12/4/2025 | Sold | $150,000-11.7%$73/sqft |
Source:  Northwest Iowa Regional BOR #830107 Report a problem | ||
| 10/25/2025 | Pending sale | $169,900$82/sqft |
Source: Northwest Iowa Regional BOR #830107 Report a problem | ||
| 8/30/2025 | Listed for sale | $169,900+88.8%$82/sqft |
Source: Northwest Iowa Regional BOR #830107 Report a problem | ||
| 3/16/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 3/14/2022 | Listed for rent | $800 |
Source: Zillow Rental Network_1 Report a problem | ||
| 8/31/2007 | Sold | $90,000$44/sqft |
Source: Northwest Iowa Regional BOR #590431 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,144 +10% | $191,655 +15% |
| 2023 | $3,766 +11.3% | $166,602 +9.1% |
| 2022 | $3,382 +18.7% | $152,647 +11.8% |
| 2021 | $2,851 +1.8% | $136,594 +6.8% |
| 2020 | $2,802 | $127,920 +1.5% |
| 2019 | -- | $125,999 +6.7% |
| 2018 | -- | $118,134 +3.4% |
| 2017 | -- | $114,199 -0.3% |
| 2016 | -- | $114,519 +7.9% |
| 2015 | -- | $106,089 +5.2% |
| 2011 | -- | $100,819 |
Find assessor info on the county website
Neighborhood: 57069
Nearby homes
- $157,1002 bd2 ba936 sqft109 W Cedar St, Vermillion, SD 57069Off Market
- $167,7005 bd2 ba873 sqft212 Prospect St, Vermillion, SD 57069Off Market
- $185,7003 bd3 ba1.2k sqft214 Prospect St, Vermillion, SD 57069Off Market
- $148,4004 bd2 ba1.4k sqft124 Prospect St, Vermillion, SD 57069Off Market
- $207,0004 bd2 ba1.5k sqft205 Prospect St, Vermillion, SD 57069Off Market
- $142,9003 bd1 ba1.2k sqft216 Prospect St, Vermillion, SD 57069Off Market
- $138,0002 bd1 ba1k sqft201 High St, Vermillion, SD 57069Off Market
- $205,0004 bd2 ba1.7k sqft118 Prospect St, Vermillion, SD 57069Sold
Nearby schools
GreatSchools rating
- NAAustin Elementary - 03Grades: PK-1Distance: 0.1 mi
- 8/10Vermillion Middle School - 02Grades: 6-8Distance: 0.4 mi
- 3/10Vermillion High School - 01Grades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Vermillion
- Middle: Vermillion
- High: Vermillion
Source: Northwest Iowa Regional BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$153,000
2% more
+$3,060
With Zillow Showcase(estimated)
$156,060
- South Dakota
- Clay County
- Vermillion
- 57069
- 202 Prospect St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Vermillion Topics
