$250,000

514 W 2nd Ave Mitchell, SD 57301

Mitchell Area

Estimated payment $1,523/month

-- Bed
-- Bath
3,836 Sq Ft
$65 Price per Sq Ft

About This Home

Outstanding Investment Opportunity with Seller-Estimated Potential for a 10% Cap Rate!Don't miss this exceptional income-producing property that the seller estimates has the potential to achieve approximately a 10% cap rate based on projected income and expenses. This spacious property features numerous updates, including newer siding, roof, and windows in 2014, kitchen improvements on the main

Listing Agent

Pamela Bathke

Ace Realty, LLC License #21795 Listed on: 07/27/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,347

Year Built

  • Built in 1915

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partial Basement

Kitchen

  • Oven or Range
  • Microwave

Laundry

  • Dryer
  • Washer

Additional Features

  • 10,019 Sq Ft Lot
  • Window Unit Cooling System

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,347

Year Built

Built in 1915

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Listing Member Name: Pamela Bathke
  • Listing Office Short Id: au
  • Prop. Type: B
  • Exterior Construction: Vinyl
  • Tax Year: 2025
  • Sq Ft 1: 1468.00
  • Price Per Sq Ft: 1468.00
  • Sq Ft 3: 900.00
  • Services Utilities Air Conditioning: Window
  • Sewer Paid By: Owner
  • Water Paid By: Owner
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Appliances: DRYER, Hood/Fan, Microwave, Range/Oven, Refrigerator, WASHER
  • Stories: 2.0
  • Second Floor Total Sq Ft: 3836.00

Exterior Features

  • Construction Construction: Frame
  • Construction Roof: Asphalt Shingles
  • Foundation: Block
  • Waterfront: No

Garage/Parking

  • Garage Stall: 2
  • Garage Type: Detach

Utilities

  • Utilities Heat: Baseboard

Lot Info

  • Lot Acres: 0.23
  • Lot Size: 70' x 142'

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

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 $1,203 $169,414 $17,395 $152,019
2024 $1,172 $169,414 $17,395 $152,019
2023 $1,029 $165,142 $13,123 $152,019
2022 $1,956 $133,545 $11,930 $121,615
2021 $1,860 $120,515 $11,930 $108,585
2020 $1,813 $114,550 $11,135 $103,415
2019 $1,748 $114,550 $11,135 $103,415
2018 $1,709 $108,430 $9,940 $98,490
2017 $1,750 $105,925 $9,365 $96,560
2016 $1,813 $105,925 $9,365 $96,560
2013 -- $89,230 $9,360 $79,870
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
07/27/2026 07/27/26 For Sale $250,000 -- $65 / Sq Ft
Source: Mitchell Board of REALTORS®

Source: Mitchell Board of REALTORS®

MLS Number: 26-349

APN: 15450-09500-009-00

South Dakota Davison County Mitchell 57301

514 W 2nd Ave, Mitchell, SD

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Pamela Bathke
Listing Agent
Pamela Bathke
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Ace Realty, LLC
(605) 702-4210
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