408 S Sanborn Blvd, Mitchell, SD 57301 (MLS# 26-491)

408 S Sanborn Blvd, Mitchell, SD 57301

New Listing

$429,000

Front facing west on Sanborn

Off street parking

Front entrance access to all 6 apartments

Apartment 1 front door

Apartment 1 living room

Apartment 1 Livingroom

Apartment 1 Bedroom

Apartment 1 kitchen

Apartment 1 bathroom

Lower Level coin operated laundry and storage area. accessible to all tenants

Back Porch entrance Apartment 3

Apartment 3 back entrance

Apartment 3 back porch entrance

Kitchen off of back entrance apartment 3

Kitchen apartment 3

Apartment 3 Bathroom

Apartment 3 bedroom

Apartment 3 bedroom

Apartment 3 dining room

Apartment 3 livingroom

Apartment 3 livingroom

Apartment 4 front entrance

Apartment 4 livingroom

Apartment 4 Diningroom

Apartment 4 bedroom

Apartment 4 kitchen

Apartment 4 kitchen

Apartment 4 bathroom

Apartment 4 back entrance

second floor landing

basement apartments landing

Property Type: MultiFamily Square Footage: 3,344 Status: Active

Current Price: $429,000 List Date: 10/04/2026 Last Modified: 10/04/2026

Overview

Description

Multifamily Opportunity with an 8.5% Cap Rate. Charming 6-plex apartment building. Spacious 1 bedrooms, with high ceilings, hardwood floors and ample natural light. Additional bonus storage, walk in closets, off-street parking, and security system. Boiler radiant heating system replaced in 2018, newer windows, new(2026) coin-operated washer and dryer units,

Supplements: and long term tenants make this an excellent investment!

Listing Details MLS# 26-491

Contract Information

Book Section: Residential
Begin Date: 2026-10-02

Location Tax and Other Information

House Number: 408
Street Direction Pfx: S
Street Name: Sanborn
Street Suffix: Blvd
State/Province: SD
Postal Code: 57301
County: Davison
Taxes: 4682.78
Tax Year: 2025

General Property Description

Age: 1915
Realtor.COM Type: Multi-Family
Waterfront YN: No
Legal: Lot 10 & N 5.6' of Lot 2 A sub of Lot 9 in Block 17, Railroad Addition, Davison County, City of Mitchell
Total Finished SqFt.: 3344

Construction

Construction: Frame
Exterior Const: Stucco

More Information

Property Features

Foundation: Block Basement: Full

Documents

LBP,SPD,BOS ›

Listing Office: Mitchell Realty LLC

Last Updated: October - 04 - 2026

Information deemed reliable but not guaranteed.

Search powered by FBS Products

Schedule a Viewing