$600,000
SOLD APR 23, 2026

235 W 1st St Tea, SD 57064

-- Bed
-- Bath
7,104 Sq Ft
0.3 Acres Lot

Sale Details

Date Sold: April 23, 2026

$84 Per Sq Ft

6% Below List Price

37 Days on Market

About This Home

As of April 2026

Conveniently 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!

Last Agent to Sell the Property

Jackson Dorhout

Alpine Residential Listed on: 01/14/2026

Last Buyer's Agent

David Dreessen

Alpine Residential

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,996

Year Built

Built in 1975

Lot Details

0.3 Acres

Listing Details

  • Cross Street: Poplar Ave
  • Year Built: 1975
  • Stories: 2
  • Elementary School: Tea Area Venture Elementary
  • High School: Tea HS
  • Property Type: MULTI-FAMILY
  • LotSizeAcres: 0.303
  • Lot Size: 150x90
  • Security Features: Fire Alarm, Smoke Detector(s)
  • Co List Office Mls Id: 765530568
  • Subdivision Name: Peters Second Addn to Tea
  • Directions: From Heritage Pwky & 1st St, W on 1st ST, Located on the SE corner of W 1st St & S Poplar Ave
  • Living Area: 7104.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Washer, Dryer
  • Basement: Full
  • Owner Pays: Gas, Water, Trash Collection, Grounds Care, Snow Removal, Sewer
  • Entry Location: Community
  • Flooring: Carpet, Tile, Vinyl

Exterior Features

  • Roof: Composition
  • Construction Type: Block, HardiPlank Type
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Paved

Utilities

  • Cooling: Window Unit(s)
  • Heating: Radiant
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Junior High Dist: TeaArea
  • Middle Or Junior School: Tea MS

Lot Info

  • Lot Size Sq Ft: 13200.0

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 6995.78
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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Map

Source: REALTOR® Association of the Sioux Empire

MLS Number: 22600283

REALTOR® Association of the Sioux Empire

APN: 240.15.01.002

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