Madison, SD Houses for Sale under $200,000

Investment opportunity in Madison! This four-bedroom, one-bathroom residence offers opportunity for rental income or value-add renovation. The home features convenient main-floor laundry and a functional layout. Located just a short distance from downtown, the property provides easy access to shopping, dining, and local amenities—an appealing option for tenants. Property is being sold AS IS.

Julie Jones

Signature Realty Group LLC

Spacious 5-bedroom, 2-bath home offering plenty of room for a growing family, rental income potential, or investment opportunity. This property has seen extensive updates, including all new windows, siding, roof, flooring throughout, front deck, front entry door, sliding patio door, appliances, updated bathroom, and an updated electrical panel.The generous floor plan provides abundant living

Adam Foland

EXIT Realty Advantage

Affordable rustic cabin with views of Lake Madison! This lakeview corner-lot property offers quick access to Johnson's Point, just minutes from your front door, while providing convenient space for your lake toys and recreational equipment. Inside, you'll find original hardwood flooring in the living and dining rooms, complemented by charming pine walls that create a warm cabin atmosphere. With

Julie Jones

Signature Realty Group LLC