$450,000

101 & 103 E State St Martin, SD 57551

Estimated payment $2,619/month

Total Views 126
8 Beds
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Public Water Access
  • Balcony
  • Brick Veneer
  • City View
  • Interior Lot
  • Home Security System

About This Home

Exceptional investment opportunity with endless potential! Situated on a 1-acre lot, this unique property features two separate dwellings, offering flexibility for rental income, owner occupancy or both. The single-family home includes 4 bedrooms (one may not be to code), 1 bathroom, and a spacious living room, all conveniently located on one level. The brick exterior & cove heat provide excellent energy efficiency, with a propane-compatible forced-air furnace available if preferred. Recent electrical updates & cosmetic improvements make the home move-in ready. The neighboring up/down duplex is currently operating as successful Airbnb rentals. Each 792-square-foot unit offers 2 bedrooms, 1 bathroom, stackable washer & dryer, window A/C for the warmer months & cove heat to keep things comfortable during the winter. Financial information is available upon request & all furnishings can be included, making this a truly turnkey investment. The brick home is also available for purchase separately. Don't miss this rare opportunity to own a versatile property with multiple income possibilities!

Listing Agent

CALLI KOSMICKI

RE/MAX ADVANTAGE Listed on: 07/01/2026

RE/MAX ADVANTAGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,424

Year Built

  • Built in 1960

Parking

  • Garage

Property Views

  • City Views

Home Design

  • Brick Veneer
  • Slab Foundation
  • Composition Roof
  • Metal Roof
  • Hardboard

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Public Water Access
  • Balcony

Lot Details

  • Private Entrance
  • Interior Lot

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Propane
  • Public Septic

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,424

Year Built

Built in 1960

Listing Details

  • Class: MULTI-FAMILY
  • Lvt Date: 07/03/2026
  • Personal Property: Refrigerator, Range/Oven, Washer, Dryer
  • View: City
  • Year Built: 1960
  • Safety Features: Security System
  • Miscellaneous: Separate Meters
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entrance: Private Entrance

Exterior Features

  • Construction: Brick/Veneer, Hardboard
  • Foundation: Slab
  • Roof: Composition, Metal

Garage/Parking

  • Parking: Garage

Utilities

  • Air Conditioner: Central, Window
  • Heating: Electric, Forced Air, Propane, 2961
  • Sewer: City
  • Water: City

Lot Info

  • Lot Size: 1.0 Acre
  • Lot Type: Flat, Interior
  • Zoning: Unknown

Rental Info

  • Type of Tenancy: Multiple, Vacant

Tax Info

  • Year: 2025
  • Taxes: 2424

Multi Family

  • Number Of Units: 3
  • Vacancy Rate: over 20%
  • Unit Features: Furnished, Balcony/Deck, Microwave, Laundry Hookups

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/01/2026 07/01/26 For Sale $450,000 -- --
Source: Black Hills Association of REALTORS®

Source: Black Hills Association of REALTORS®

MLS Number: 179827

Black Hills Association of REALTORS®
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