480 Jersey Ave NE, Huron, SD 57350 (MLS# 25-224)

480 Jersey Ave NE, Huron, SD 57350

$3,500,000
Property Type: MultiFamily Square Footage: 30,624 Status: Active
Current Price: $3,500,000 List Date: 8/20/2025 Last Modified: 9/18/2025

Description

*Buhl Apartments* 1075 4th St NE, 440 & 480 Jersey NE, Huron, SD 57350 + 11-50x150 Bare Lots Plenty of Room to build more apartments! - Full Occupancy Estimated Cap Rate 8.28%, Age 1995(1075), 1992(440), 1993(480), 31-2 bedroom & 5-1-bedroom apartments. Personal property included: 36 Ranges, 36 Refrigerators, 36 Dishwashers, 36 Garages & GDOs, 3 water softeners, all window coverings, 6-coin op washer & dryers. 1075 Building each unit has its own water heater & tenants pay to heat water. 440 & 480 Buildings the owner pays for the heating of the water. New siding on all buildings within the last 3 years. New steel roofs on 440 & 480. New Windows in 440.

More Information MLS# 25-224

General Property Description

Realtor.COM Type: Multi Family SqFt. 1: 10064 SqFt. 2: 10064 SqFt. 3: 10496 Style: 2 Story Total SqFt.: 30624 Age: 1993

Location, Tax and Other Information

Legal: See Private Remarks School: Huron SPDS: N/A LBP: N/A

Utilities

Cooling: Wall Sewer: Public Water: Public Heat: Electric Baseboard

Showing Instructions

Showing: 48 hr notice

Appliances/Systems

Dishwasher: 1 Dryer: 1 Garage Door Opener: 1 Range/Oven: 1 Refrigerator: 1 Sprinkler System: 1 Sump Pump: 1 Washer: 1 Water Softener: 1

Construction

Foundation: Poured Concrete Roads: Paved

Contract Information

Book Section: MultiFamily Begin Date: 2025-08-20 Status: Active Current Price: $3,500,000 List Price: $3,500,000 Directions: US Hwy 14 & Jersey Ave. NE

Location Tax and Other Information

Area: Huron House #: 480 Street Name: Jersey Street Suffix: Ave Street Direction Sfx: NE State/Province: SD Postal Code: 57350 County: Beadle Zoning: R-4 Taxes: 28626 Tax Year: 2025

Miscellaneous

Number of Units: 36
Listing Office: Action Realty
Office Phone: 605-352-5100
Office Email: roger.cbar@midconetwork.com
Last Updated: September - 18 - 2025
Information deemed reliable but not guaranteed.