1026 Cornell St Vermillion, SD 57069
Estimated payment $23,517/month
Highlights
- 1.57 Acre Lot
- Forced Air Heating and Cooling System
- Level Lot
- Landscaped with Trees
- Coin Laundry
About This Home
Sunset Apartments delivers what investors and residents want most: simplicity, durability, and everyday livability, steps from Vermillion conveniences and minutes to the University of South Dakota. Eight classic, garden-style buildings (32 total homes; each 800 SF) are spread across ±1.566 acres, pairing low-maintenance construction with fresh 2024 roof replacements on all buildings. The community’s cohesive two-bedroom offering (20 two-bed/one-bath and 12 two-bed/two-bath) stays full & easy to run supported by resident-paid water/electric, landlord-paid trash, and common-area laundry in every building. Thoughtful details elevate the renter experience: main-level apts open via sliding glass doors to private concrete patios; four buildings feature private upper decks for airy outdoor living. Two construction phases provide mechanical efficiency: the earlier 2005 buildings offer in-wall A/C with radiant heat, while the 2008 buildings feature central A/C with forced-air heat. On-site convenience continues outside with 72 striped surface spaces and straightforward site lines across the flat, R-3-zoned grounds. Positioned for steady performance and low friction, Sunset Apartments is a clean, rent-ready asset with immediate cash flow and clear levers for optimization, tiered premiums for patio/deck homes, floor level, and plan type; continued operational consistency; and marketing to a durable renter base anchored by USD, healthcare, and local schools. Key Highlights: Eight 2-story buildings|32 units|each 800 SF|open concept Mix: (20) 2×1 and (12) 2×2 28 of 32 units updated, 2024: new shingles on all buildings. Outdoor living: private patios on main-level homes; upper decks on four buildings. Laundry: common-area laundry in every building. Mechanical: 2005 phase—in-wall A/C + radiant heat; 2008 phase—central A/C + forced-air heat. Utilities: resident-paid water & electric; landlord-paid trash; no gas; no RUBS currently in place. Parking: 72 striped surface spaces.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $57,765
Year Built
- Built in 2005
Lot Details
- 1.57 Acre Lot
- Level Lot
- Landscaped with Trees
Parking
- Driveway
Home Design
- 3,744 Sq Ft Home
Schools
- Vermillion Elementary And Middle School
- Vermillion High School
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Radiant Heating System
- Internet Available
Community Details
- 32 Units
- Coin Laundry
- Gross Income $384,000
Listing and Financial Details
- Assessor Parcel Number 15180-00000-130-15
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/20/2025 09/20/25 | For Sale | $3,500,000 | -- | $935 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,400,000 | -- |
Source: Northwest Iowa Regional Board of REALTORS®
MLS Number: 830378
APN: 15180-00000-130-15
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Ask me questions while you tour the home.