$374,000
$251K PRICE DROP

1203 E Cherry St Vermillion, SD 57069

Estimated payment $2,825/month

Total Views 15,182
15 Beds
6 Baths
5,275 Sq Ft
$71 Price per Sq Ft

About This Home

2 adjacent houses , all with commercial zoning. 144 frontage and 180 depth. Excellent traffic count and visibility, close to USD campus. Across fom new bank and surrounded by lots of newer construction. Prime location that pays for itself till you are ready to develop. Excellent investment opportunity. 1203 and 1209 are recently remodeled. 1203 and 1209 tenants pay all utilities. can buy 1203 separately for $189900 and 1209 separately for $185500.

Listing Agent

Barbara Iacino

Dakota Realty Listed on: 03/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,054

Year Built

  • Built in 1920

Lot Details

  • 0.93 Acre Lot
  • Level Lot

Home Design

  • 5,275 Sq Ft Home

Schools

  • Vermillion Elementary And Middle School
  • Vermillion High School

Utilities

  • Forced Air Heating System
  • Internet Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 15540-00100-04000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,054

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Class: Multi-Unit
  • Type: Multi-Unit
  • Property Features: Level Lot
  • Legal Description: lots 2,3and 4, blk 1, Ouelettes
  • Year Built: 1920
  • Audio Surveillance: No
  • Current Leases Available: Yes
  • School Middle Junior: Vermillion
  • Video Surveillance: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 5275
  • Main Level Sq Ft: 3523
  • Sq Ft 2nd Level: 1752
  • Price Per Sq Ft: 70.9

Exterior Features

  • Road Frontage: 224

Garage/Parking

  • Internet: Yes
  • Driveway: Crushed Rock
  • Off Street Parking: 15

Utilities

  • Flood Insurance: Not Required
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Type: City

Schools

  • Elementary School: Vermillion
  • Middle School: Vermillion
  • High School: Vermillion

Lot Info

  • Acres: 0.93
  • Lot Sq Ft: 40320
  • Parcel Number: 15540-00100-04000
  • Zoning: Commercial

Rental Info

  • Paid By Electric: Tenant
  • Paid By Gas: Tenant
  • Paid By Water: Tenant

Tax Info

  • Year: 2024
  • Gross Taxes: 9054

Multi Family

  • Rental Income: 5750
  • Electric Separate By Unit: Yes
  • Number Of Units: 4

MLS Schools

  • School Elementary: Vermillion
  • School High: Vermillion

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Sale $324,000 -13.4% $91 / Sq Ft
06/26/2025 06/26/25 Price Changed $374,000 +97.4% $71 / Sq Ft
06/26/2025 06/26/25 Price Changed $189,500 -5.0% $104 / Sq Ft
04/09/2025 04/09/25 For Sale $199,500 -67.6% $109 / Sq Ft
04/03/2025 04/03/25 Price Changed $615,000 -1.6% $117 / Sq Ft
03/07/2025 03/07/25 For Sale $625,000 -- $118 / Sq Ft
Source: Northwest Iowa Regional Board of REALTORS®

Similar Home in Vermillion, SD

  • 1203 E Cherry St, Vermillion, SD 57069

    $324,000

    • 8 Beds
    • 4 Baths
    • 3,553 Sq Ft
    • 1203 E Cherry St
    • Vermillion, SD

    2 adjacent homes zoned commercial. Excellent area for future development. easy to rent, close to USD campus. High traffic count and visibility. 1203 E Cherry is a nicely remodeled SFR. 1209 E Cherry is an updated SFR. 1203 and 1209, tenants pay all utils. 2. Prime location that pays for itself until you develop.

    Barbara Iacino Dakota Realty & Property Mgmt

    Section Image
See All Homes in Vermillion

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 827832

Northwest Iowa Regional Board of REALTORS®

South Dakota Clay County Vermillion 57069

1203 E Cherry St, Vermillion, SD

This home is located at 1203 E Cherry St, Vermillion, SD 57069 and is currently priced at $374,000, approximately $70 per square foot. This property was built in 1920. 1203 E Cherry St is a home located in Clay County with nearby schools including Austin Elementary School, Jolley Elementary School, and Vermillion Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Iowa Regional Board of REALTORS® Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.

Nearby Homes
Listing Agent
Barbara Iacino
Section Image
Dakota Realty
(605) 674-7229