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Canton, SD Multifamily Home for Sale

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    $260,000

    • 3,392 Sq Ft

    517 N Milwaukee St, Canton, SD 57013

    Step back in time and discover the character and opportunity this unique four-plex has to offer. Rich with old-world charm and architectural character, this well-maintained investment property has a strong rental history and a layout full of possibilities. The building currently features four income-producing units, including one basement apartment, two upper-level units, and a spacious

    Nicholas Blau Real Broker LLC

    517 N Milwaukee St, Canton, SD 57013

Why Live in Canton

Canton, South Dakota, founded in 1861, is a small community with a population of just over 3,000 people, located within the Sioux Falls metropolitan area. The town boasts a rich history, with a significant influx of Norwegian immigrants in its early years, contributing to its cultural fabric. Canton features a mix of midcentury homes, renovated vintage properties, and new developments, with architectural styles ranging from Craftsman and Traditional Folk to contemporary custom builds. The median home price is notably lower than the national average, making it an affordable option for homebuyers. The Canton Parks and Recreation Department maintains several green spaces, a public pool, athletic fields, and the Hiawatha Golf Club. Just 6 miles south, Newton Hills State Park offers hiking, biking, fishing, and horseback riding. The Canton School District serves local students, with Lawrence Elementary being a highly rated option. Downtown Canton is characterized by historic brick buildings housing specialty shops, cafés, and restaurants, such as Laurie's Café and Sioux Valley Grille. For larger shopping needs, residents often travel 19 miles to Sioux Falls. Annual events like the Sioux River Folk Festival and Christmas in Canton foster a strong sense of community. Major roads like Highway 18 and Route 11 provide convenient access to Sioux Falls, 24 miles away, and the Sioux Falls Regional Airport, 28 miles away.

Home Price Trends

Median Sale Price
$240,900
Median Single Family Sale Price
$241,950
Median 2 Bedroom Sale Price
$182,450
Median 1 Bedroom Sale Price
$199,000
Average Price Per Sq Ft
$157
Number of Homes for Sale
6
Last 12 months Home Sales
47
Months of Supply
1.50
Median List Price
$265,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-10%
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