514 W 2nd Ave, Mitchell, SD 57301 (MLS# 26-502)

514 W 2nd Ave, Mitchell, SD 57301

$239,000
Property Type: Residential Bedrooms: 5 Baths: 3.5 Square Footage: 3,536 Status: Active
Current Price: $239,000 List Date: 10/09/2026 Last Modified: 10/09/2026

Overview

Description

Outstanding Investment Opportunity with Seller-Estimated Potential for a 10% Cap Rate! Don't miss this exceptional income-producing property. This spacious property features numerous updates, including newer siding, roof, and windows in 2014, kitchen improvements on the main level and updated flooring in the past 2-3 years. Each unit has a separate entrance and offers generous living space and

Supplements: excellent rental income potential. The main-floor unit features a separate dining room, a cozy wood-burning stove in the living area, and a spacious primary suite complete with a private half bath and a large walk-in closet. The upper-level unit offers large bedrooms, a spacious living area, and an inviting eat-in kitchen. The basement provides ad ...

Listing Details MLS# 26-502

Contract Information

Book Section
Residential
Begin Date
2026-09-08

General Property Description

Total Above Grade SqFt
2936
Total Below Grade SqFt
1468
Total Below Grade Finished SqFt
900
Total Finished SqFt.
3536
Age
1915
Realtor.COM Type
Residential - Single Family
Lot Acres
0.23
Stories
2
Total Bedrooms
5
Total Bathrooms
3.5
Total Full Baths
2
Total 3/4 Baths
Yes
Total Half Baths
Yes
Garage Stall
2
Garage Type
Detach
Waterfront YN
No
Legal
LT 9 & W20' LT 10 BLK 95 JOHN LAWLER'S 1ST ADDN-NE

Location Tax and Other Information

House Number
514
Street Direction Pfx
W
Street Name
2nd
Street Suffix
Ave
State/Province
SD
Postal Code
57301
County
Davison
Taxes
2346.54
Tax Year
2025

Construction

Construction
Frame
Exterior Const
Vinyl
Roof
Asphalt Shingles

Utilities

Air Conditioning
Window
Heat Fuel
Natural Gas
Heat Type
Hot Water
Sewer
City

More Information

Property Features

Ammenities: Fire Place Foundation: Block Basement: Partial Style: Two Story Style Sub-Type: Standard Basement (In-Ground) Appliances: Hood/Fan; Microwave; Range/Oven; Refrigerator; DRYER; WASHER
Listing Office: Ace Realty, LLC
Last Updated: October - 09 - 2026
Information deemed reliable but not guaranteed.

Schedule a Viewing