Tony Bachman
Coldwell Banker Empire Realty
(605) 640-6747
208 Total Sales
3 in Tea
$266K - $665K Price Range
Estimated Value: $601,200
Studio
--
Bath
7,104
Sq Ft
$85/Sq Ft
Est. Value
About This Home
As of April 2026Conveniently located in Tea, this well-maintained 8-plex offers a strong rental history and excellent income potential. The property features seven spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, all with comfortable living rooms and open dining/kitchen combo layouts. Tenants enjoy ample on-site and off-street parking, on-site laundry, and the benefit of paying their own electricity. Each unit has been refreshed with updated flooring and paint upon turnover, helping keep the property attractive and rent-ready. Professionally managed by Alpine Property Management for added peace of mind. Don’t miss this solid multifamily investment—contact us today for more details or to schedule a showing!
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,996
Year Built
- Built in 1975
Lot Details
- 13,200 Sq Ft Lot
- Lot Dimensions are 150x90
Parking
- Paved Parking
Home Design
- Block Foundation
- Composition Roof
Interior Spaces
- 7,104 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Fire and Smoke Detector
Flooring
- Carpet
- Tile
- Vinyl
Laundry
- Dryer
- Washer
Schools
- Tea Area Venture Elementary School
- Tea Middle School
- Tea High School
Community Details
- 8 Units
- Peters Second Addn To Tea Subdivision
Listing and Financial Details
- The owner pays for gas, water, trash collection, grounds care, snow removal, sewer
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Tea, SD
-
Tony Bachman
-
Sally Solum
Sally Solum
EXIT Realty - Great Plains
(605) 789-8221
17 Total Sales
2 in Tea
$384K - $390K Price Range
-
Beth Meyer
Beth Meyer
Hegg, REALTORS
(605) 640-5988
183 Total Sales
4 in Tea
$215K - $305K Price Range
-
Becca Tschetter
Becca Tschetter
Responds QuicklyHegg, REALTORS
(605) 250-2785
60 Total Sales
1 in Tea
$338,388 Price
-
Sarah Ekholm
Sarah Ekholm
Ekholm Team Real Estate
(605) 250-2961
113 Total Sales
1 in Tea
$301,500 Price
-
Linda Schoenfelder
Linda Schoenfelder
Hegg, REALTORS
(605) 640-5982
91 Total Sales
8 in Tea
$300K - $575K Price Range
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 |
|---|---|---|---|---|
| 04/23/2026 04/23/26 | Sold | $600,000 | -6.3% | $84 / Sq Ft |
| 02/20/2026 02/20/26 | Pending | -- | -- | -- |
| 01/14/2026 01/14/26 | For Sale | $640,000 | -- | $90 / Sq Ft |
Source: REALTOR® Association of the Sioux Empire
Tax 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.
| 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 | $7,349 | $399,263 | $42,900 | $356,363 |
| 2024 | $7,349 | $390,975 | $42,900 | $348,075 |
| 2023 | $6,631 | $350,617 | $39,600 | $311,017 |
| 2022 | $4,311 | $311,599 | $39,600 | $271,999 |
| 2021 | $4,552 | $210,588 | $33,000 | $177,588 |
| 2020 | $4,810 | $210,588 | $33,000 | $177,588 |
| 2019 | $4,650 | $210,588 | $33,000 | $177,588 |
| 2018 | $4,711 | $210,588 | $0 | $0 |
| 2017 | $4,809 | $210,588 | $0 | $0 |
| 2016 | $4,859 | $210,588 | $0 | $0 |
| 2015 | $6,188 | $235,497 | $0 | $0 |
| 2014 | $6,188 | $235,497 | $0 | $0 |
| 2013 | -- | $235,497 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jackson Dorhout
J
Seller's Agent in 2026
Jackson Dorhout
Alpine Residential
(605) 254-4644
12 Total Sales
-
David Dreessen
Buyer's Agent in 2026
David Dreessen
Alpine Residential
(605) 201-1506
160 Total Sales
Map
Source: REALTOR® Association of the Sioux Empire
MLS Number: 22600283
APN: 240.15.01.002
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.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Information is deemed reliable but not guaranteed.
Copyright 2026 REALTOR® Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.
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