322 E 1st Ave, Mitchell, SD 57301 (MLS# 26-261)

322 E 1st Ave, Mitchell, SD 57301

New Listing
$199,900
Property Type: MultiFamily Square Footage: 3,195 Status: Active
Current Price: $199,900 List Date: 6/10/2026 Last Modified: 6/10/2026

Overview

Description

Turnkey investment opportunity! Fully rented 3 unit property with long term tenants in place! Each unit has at least 2 bedrooms and 1 full bath with comfortable living space and a steady rental income potential. Great opportunity to add a solid income-producing property to your portfolio! Each floor is over 1,000 sq ft. Double car garage is also rented out.

Supplements: 1. Upstairs apartment - Eric has in unit laundry, little back porch. Hardwood floors. 2 bedroom, 1 bath, dining room, kitchen, living room and half of garage. Rent- $715 plus $50 for garage He has been there for 10 years. 2. Main level-Carmen has in unit laundry, little back porch, hardwood floors, 2 bedroom, 1 bath, dining room, kitchen, and liv ...

Listing Details MLS# 26-261

Contract Information

Book Section
Residential
Begin Date
2026-06-10

Location Tax and Other Information

House Number
322
Street Direction Pfx
E
Street Name
1st
Street Suffix
Ave
State/Province
SD
Postal Code
57301
County
Davison
Taxes
3133.8
Tax Year
2025

General Property Description

SqFt. 1
1065
SqFt. 2
1065
SqFt. 3
1065
Age
1900
Realtor.COM Type
Multi-Family
Lot Acres
0.18
Stories
2
Garage Stall
2
Garage Type
detach
Waterfront YN
No
Legal
Lot 7 & W4' Lot 8 Block 8 F.M. Greenes Addition, Mitchell, City 22-103-60
Total Finished SqFt.
3195

Construction

Construction
Frame
Exterior Const
Wood
Roof
Asphalt Shingles

Utilities

Heat
Gas
Air Conditioning
Central
Water Pd By
Owner
Sewer Pd By
Owner
Electric Pd By
Tenant
Seperate Meters
Yes

Foundation

Block
Yes

More Information

Basement

Full
Yes

Appliances

Range/Oven
Yes
Refrigerator
Yes
DRYER
Yes
WASHER
Yes

Property Features

Foundation: Block Basement: Full Appliances: Range/Oven; Refrigerator; DRYER; WASHER Utilities: Seperate Meters
Listing Office: Ace Realty, LLC
Last Updated: June - 10 - 2026
Information deemed reliable but not guaranteed.