$750,000

1515 E Capitol Ave Pierre, SD 57501

Estimated payment $4,552/month

Total Views 33,693
-- Bed
-- Bath
3,072 Sq Ft
$244 Price per Sq Ft

Highlights

  • Central Air
  • Heating Available
  • 4-minute walk to Devine Park

About This Home

Now is your chance to own your own investment properties! These two apartment buildings are being sold as a package deal. Apartment 1515 has 3 units, and apartment 1511 has 2 (soon to be 3) units. They are located on the corner of Capitol and Harrison Avenue. Give your favorite realtor a call today to check them out.

Listing Agent

Morgan Finley

Lee Real Estate License #20552 Listed on: 02/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,673

Year Built

  • Built in 1949

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,072 Sq Ft Home
  • 2-Story Property

Utilities

  • Central Air
  • Heating Available

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $2,676
  • Fuel Expense $458
  • Insurance Expense $10,067
  • Other Expense $5,725
  • Trash Expense $716
  • Gross Income $49,580
  • Net Operating Income $29,221

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,673

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Prop. Type: MultiFamily
  • Building Stories: 2
  • Year Built: 1949
  • Net Income: 29221.0
  • Total Gross Income: 49580.0
  • Co List Office Phone: 605-224-6613
  • MLS Status: Active
  • Architectural Style: 2 story
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Garage/Parking

  • Building Parking: 21'x24'garage+off st

Lot Info

  • Land Lease: No

Multi Family

  • Expense Annual Insurance: 10067.0
  • Number Of Units Total: 6
  • Net Operating Income: 29221.0

Tax Info

  • Tax Annual Amount: 5672.98

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,998 $204,253 $37,018 $167,235
2024 $3,026 $196,289 $37,018 $159,271
2023 $2,488 $190,810 $35,424 $155,386
2022 $2,338 $163,226 $33,738 $129,488
2021 $2,293 $145,738 $30,124 $115,614
2020 $2,341 $141,492 $29,246 $112,246
2019 $2,340 $141,492 $29,246 $112,246
2018 $2,243 $137,370 $28,394 $108,976
2017 -- $130,828 $27,042 $103,786
2016 $2,382 $130,828 $27,042 $103,786
2015 -- $127,018 $26,254 $100,764
2014 -- $123,320 $25,490 $97,830
2013 -- $123,320 $25,490 $97,830
2011 -- $117,008 $25,490 $91,518
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2025 02/05/25 For Sale $750,000 -- $244 / Sq Ft
Source: Pierre Area Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Deed $192,000 --
Quit Claim Deed -- --
Warranty Deed $136,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $98,600 Stand Alone First
Previous Owner $104,000 No Value Available
Source: Public Records

Source: Pierre Area Multiple Listing Service

MLS Number: 25-53

Pierre Area Multiple Listing Service

APN: 6473