Calling all investors! Hard to find large 6 unit property with potential of more units. This is an amazing opportunity for a family or investor with some TLC. The main house offers four units and the second building offers two units currently. Unit one features a spacious living room with cathedral ceilings & built-ins, formal dining, kitchen, four bedrooms and laundry room with storage. Unit two, three and four are similar on the upper floor featuring a studio layout. Unit five and six are in the second building and each feature two bedrooms! Laundry room offers coin operated washer and dryer. On and off street parking. Located in Madison Historic District across from DSU and minutes away from downtown Madison. Don't miss out on this unique property - Great income potential awaits!
Sold for $140,000
$140,000
715 N Egan Ave, Madison, SD 57042
--beds
--baths
3,460sqft
Multi Family
Built in 1927
-- sqft lot
$200,900 Zestimate®
$40/sqft
$1,003 Estimated rent
Home value
$200,900
$173,000 - $233,000
$1,003/mo
Zestimate® history
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List your homeWhat's special
Formal diningLaundry roomCathedral ceilings
Zillow last checked:
Listing updated:
Listed by:
Miranda S Krumm,
Signature Realty Group LLC,
Lori A Hansen,
Signature Realty Group LLC
Bought with:
Abraham E Carroll
Source: Realtor Association of the Sioux Empire,MLS#: 22306805
Facts & features
Interior
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Dryer, Range, Refrigerator, Washer
Features
- Flooring: Carpet, Vinyl
- Basement: Full
Interior area
- Total interior livable area: 3,460 sqft
Property
Parking
- Parking features: Paved
Features
- Stories: 2
- Entry location: More than one per Unit
Lot
- Size: 0.66 Acres
- Dimensions: 100 X 286
Details
- Parcel number: 212200230002010
- Zoning: Not Verified
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: Block
- Roof: Composition
Condition
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Madison
Financial & listing details
- Price per square foot: $40/sqft
- Tax assessed value: $176,579
- Annual tax amount: $3,117
- Date on market: 12/13/2023
- Listing terms: Other
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2025 | Listing removed | $169,900+21.4%$49/sqft |
Source:  Realtor Association of the Sioux Empire #22107182 Report a problem | ||
| 12/13/2023 | Sold | $140,000-6.6%$40/sqft |
Source: Realtor Association of the Sioux Empire #22306805 Report a problem | ||
| 10/12/2023 | Listed for sale | $149,900-11.8%$43/sqft |
Source: Realtor Association of the Sioux Empire #22306805 Report a problem | ||
| 6/15/2022 | Listing removed | -- |
Source: Realtor Association of the Sioux Empire #22107182 Report a problem | ||
| 12/15/2021 | Listed for sale | $169,900$49/sqft |
Source: Realtor Association of the Sioux Empire #22107182 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,117 +3.5% | $176,579 -5.9% |
| 2024 | $3,011 +12.7% | $187,712 +7.2% |
| 2023 | $2,671 +1.2% | $175,100 +27.3% |
| 2022 | $2,638 +3.9% | $137,600 +22.1% |
| 2021 | $2,540 +11.8% | $112,700 |
| 2020 | $2,271 | $112,700 +38.1% |
| 2019 | -- | $81,600 |
| 2018 | -- | $81,600 |
| 2017 | -- | $81,600 |
| 2016 | -- | $81,600 +11.9% |
| 2013 | -- | $72,900 -16.3% |
| 2012 | -- | $87,100 |
Find assessor info on the county website
Neighborhood: 57042
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Nearby schools
GreatSchools rating
- 8/10Madison Elementary School - 07Grades: K-5Distance: 0.5 mi
- 7/10Madison Middle School - 02Grades: 6-8Distance: 0.7 mi
- 6/10Madison High School - 01Grades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Madison ES
- Middle: Madison MS
- High: Madison HS
- District: Madison Central 39-2
Source: Realtor Association of the Sioux Empire. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- South Dakota
- Lake County
- Madison
- 57042
- 715 N Egan Ave
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