Sold for $350,000

$350,000

725 N Lincoln Ave, Madison, SD 57042

--beds

--baths

6,943sqft

Multi Family

Built in 1959

-- sqft lot

$363,000 Zestimate^®

$50/sqft

$1,399 Estimated rent

Home value

$363,000

Estimated sales range

Not available

$1,399/mo

Zestimate^® history

Owner options

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$1,399/mo

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$1,399/mo

Rent Zestimate^®

Refinance and save

$2,193/mo

Est. payment

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$2,193/mo

Est. payment

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What's special

Great Investment Opportunity! Don't miss this 6-plex w/opportunity for a 7th unit. Four large 3 bedroom units above grade, two more large units below grade, plus opportunity for a smaller 7th unit below grade. All units include oversized bedrooms, plus large eat-in kitchens and living rooms, and one bathroom. Laundry on site. Off-street parking. Separate electric meters. All tenants on month-to-month leases. Note: The house located at 417 NE 7th Street is adjacent to the Six Plex and is also for sale. List Price at $209,900

Facts & features

Interior

Heating

Hot Water, Natural Gas

Cooling

None

Appliances

Included: Dryer, Range, Refrigerator, Washer

Features

Flooring: Carpet, Vinyl
Basement: Full

Interior area

Total structure area: 9,003
Total interior livable area: 6,943 sqft

Property

Parking

Parking features: Off Street

Features

Stories: 2
Entry location: Community,More than one per Unit,Private

Lot

Size: 6,782 Square Feet
Dimensions: 6783 SF

Details

Parcel number: 212700020004010
Zoning: RA 2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Composition

Condition

Year built: 1959

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: No Subdivision

Location

Region: Madison

Financial & listing details

Price per square foot: $50/sqft
Date on market: 12/11/2024
Listing terms: Cash

Price history

Date	Event	Price
5/8/2026	Listing removed	$1,400
Source: Zillow Rentals Report a problem
4/17/2026	Listed for rent	$1,400
Source: Zillow Rentals Report a problem
12/31/2024	Sold	$350,000$50/sqft
Source: Realtor Association of the Sioux Empire #22408876 Report a problem
12/11/2024	Listed for sale	$350,000$50/sqft
Source: Realtor Association of the Sioux Empire #22408876 Report a problem

Public tax history

Tax history is unavailable.

Neighborhood: 57042

Nearby homes

Nearby schools

GreatSchools rating

8/10
Madison Elementary School - 07
Grades: K-5Distance: 0.8 mi
7/10
Madison Middle School - 02
Grades: 6-8Distance: 0.4 mi
6/10
Madison High School - 01
Grades: 9-12Distance: 0.3 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.