$640,000
$640,000
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7,104 SqFt
SOLD DATE : 04/24/2026
Key Details
Sold Price $640,000
Property Type Multi-Family
Sub Type Eight Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 7,104 sqft
Price per Sqft $90
Subdivision Peters Second Addn To Tea
MLS Listing ID 22600283
Year Built 1975
Lot Size 0.303 Acres
Property Sub-Type Eight Plex
Property Description
Conveniently located in Tea, this well-maintained 8-plex offers a strong rental history and excellent income potential. The property features seven spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, all with comfortable living rooms and open dining/kitchen combo layouts. Tenants enjoy ample on-site and off-street parking, on-site laundry, and the benefit of paying their own electricity. Each unit has been refreshed with updated flooring and paint upon turnover, helping keep the property attractive and rent-ready. Professionally managed by Alpine Property Management for added peace of mind. Don't miss this solid multifamily investment—contact us today for more details or to schedule a showing!
Location
State SD
County Lincoln
Area Sf80
Interior
Heating Radiant
Flooring Carpet, Tile, Vinyl
Exterior
Exterior Feature Hard Board, Concrete Block
Roof Type Shingle Composition
Building
Foundation Block
Sewer City Sewer
Water City Water
Schools
Elementary Schools Tea Area Venture Elementary
Middle Schools Tea Ms
High Schools Tea Hs
School District Tea Area
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Bought with Alpine Residential
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