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For sale
  • $270,000

    416 4th St NW, Watertown, SD 57201

    5beds
    2,752sqft
    : 
    $1,707/mo
    Get pre-qualified
    Multi Family
    Built in 1907
    -- sqft lot
    $258,700 Zestimate®
    $98/sqft
    $-- HOA

    What's special

    INVESTMENT OPPORTUNITY! THIS INCOME-PRODUCING TRIPLEX GENERATES $2,900 PER MONTH IN RENTAL INCOME AND OFFERS AN EXCELLENT OPPORTUNITY TO ADD TO YOUR INVESTMENT PORTFOLIO. THE MAIN-FLOOR UNIT FEATURES 2 BEDROOMS, 1 FULL BATH, AND A SPACIOUS LIVING ROOM. THE UPPER-LEVEL UNIT ALSO OFFERS 2 BEDROOMS, 1 FULL BATH, AND A GENEROUSLY SIZED LIVING ROOM. THE LOWER-LEVEL UNIT INCLUDES 1 BEDROOM AND 1 FULL BATH. ALL THREE UNITS SHARE A COIN-OPERATED WASHER AND DRYER, PROVIDING ADDITIONAL INCOME POTENTIAL. THE PROPERTY FEATURES NEWER VINYL SIDING AND ALLEY ACCESS FOR CONVENIENT OFF-STREET PARKING. WHETHER YOU'RE A SEASONED INVESTOR OR LOOKING TO PURCHASE YOUR FIRST MULTI-FAMILY PROPERTY, THIS TRIPLEX OFFERS IMMEDIATE RENTAL INCOME WITH ROOM FOR FUTURE POTENTIAL.
    15 days
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    397
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    4
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    Zillow last checked:

    Listing updated:

    Listed by:

    JILL J SCHOENEFELD jsplatinumrealtysd@gmail.com,

    PLATINUM REALTY, INC.

    Source: Northeast South Dakota BOR,MLS#: 50-1377

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Bedroom
      • Level: Upper
      • Area: 165.77 Square Feet
      • Dimensions: 13.70 x 12.10
      Bedroom
      • Level: Upper
      • Area: 165.77 Square Feet
      • Dimensions: 13.70 x 12.10
      Bedroom
      • Level: Main
      • Area: 208.24 Square Feet
      • Dimensions: 15.20 x 13.70
      Bedroom
      • Level: Main
      • Area: 102.6 Square Feet
      • Dimensions: 11.40 x 9.00
      Bedroom
      • Level: Basement
      • Area: 159.96 Square Feet
      • Dimensions: 12.90 x 12.40
      Bathroom
      • Level: Upper
      • Area: 70.2 Square Feet
      • Dimensions: 9.00 x 7.80
      Bathroom
      • Level: Main
      • Area: 64.6 Square Feet
      • Dimensions: 8.50 x 7.60
      Bathroom
      • Level: Basement
      • Area: 55.76 Square Feet
      • Dimensions: 8.20 x 6.80
      Kitchen
      • Level: Upper
      • Area: 111.92 Square Feet
      • Dimensions: 13.80 x 8.11
      Kitchen
      • Level: Main
      • Area: 64.6 Square Feet
      • Dimensions: 8.50 x 7.60
      Kitchen
      • Level: Basement
      • Area: 91.1 Square Feet
      • Dimensions: 11.11 x 8.20
      Living room
      • Level: Upper
      • Area: 261.63 Square Feet
      • Dimensions: 17.10 x 15.30
      Living room
      • Level: Main
      • Area: 313.88 Square Feet
      • Dimensions: 23.60 x 13.30
      Living room
      • Level: Basement
      • Area: 196.04 Square Feet
      • Dimensions: 16.90 x 11.60
      Features
      • Flooring: Carpet, Linoleum
      Interior area
      • Total structure area: 2,752
      • Total interior livable area: 2,752 sqft

      Property

      Lot
      • Size: 8,276 Square Feet
      • Dimensions: 50 x 165
      Details
      • Parcel number: 9100

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Roof: Asphalt
      Condition
      • Year built: 1907

      Utilities & green energy

      • Utilities for property: Sewer Connected

      Community & HOA

      Location
      • Region: Watertown

      Financial & listing details

      • Price per square foot: $98/sqft
      • Tax assessed value: $163,277
      • Annual tax amount: $2,169
      • Date on market: 8/3/2026

        Estimated market value

        $258,700

        $246,000 - $272,000

        $1,097/mo

        Price history

        DateEventPrice
        8/3/2026Listed for sale$270,000+170%$98/sqft
        Source: Northeast South Dakota BOR #50-1377 Report a problem
        3/12/2025Listing removed$1,175
        Source: Zillow Rentals Report a problem
        1/10/2025Price change$1,175+23.7%
        Source: Zillow Rentals Report a problem
        12/16/2024Listed for rent$950
        Source: Zillow Rentals Report a problem
        6/12/2014Sold$100,000$36/sqft
        Source: Northeast South Dakota BOR #33-1163 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,159 +3.9%$163,277
        2024$2,077 -3.4%$163,277 +11.5%
        2023$2,150 +10.9%$146,430 +2.7%
        2022$1,938 $142,549 +14.7%
        2021-- $124,272 +6%
        2020$1,855 -0.7%$117,234
        2019$1,868 +3.2%$117,234 +4%
        2018$1,809 -0.3%$112,772 +1.9%
        2017$1,815 $110,633 +1.8%
        2016$1,815 -4.1%$108,689 +4.9%
        2015$1,892 +5.8%$103,637 +9.5%
        2014$1,788 $94,635 -2%
        2013-- $96,551 +4.2%
        2012-- $92,633
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 57201

        Getting around

        44 / 100
        Car-Dependent
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Watertown
        • High: Watertown

        Source: Northeast South Dakota BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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