$269,900
$30K PRICE DROP

612 E Kemp Ave Watertown, SD 57201

Watertown Area

Estimated payment $1,650/month

Total Views 30,994
6 Beds
3 Baths
2,446 Sq Ft
$110 Price per Sq Ft

About This Home

Investor Alert! Fully leased tri-plex in the heart of Watertown generating $2,950/month in gross rents. Features (3) 2BR/1BA units, off-street parking, and a strong rental history. Solid condition with long-term tenants and stable cash flow. This is a great turnkey opportunity just blocks from Uptown and Lake Area Tech.

Listing Agent

Lynn Morris

THE REALTY TEAM Listed on: 02/13/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,205

Year Built

  • Built in 1912

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x132

Interior Spaces

  • 2,446 Sq Ft Home
  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Select One Elementary School

Listing and Financial Details

  • Assessor Parcel Number 7101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,205

Year Built

Built in 1912

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Lot Size: 50x132
  • Year Built: 1912
  • General Property Description:Style2: 1.5 Story
  • General Property Description:Above Grade Sq Ft: 1510.0
  • General Property Description:Waterfront YN: No
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • General Property Description:Basement: Full

Garage/Parking

  • Attached Garage: No

Schools

  • Elementary School: Select One

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 7101

Tax Info

  • Tax Annual Amount: 2204.8
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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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
2026 $2,205 $180,440 $33,884 $146,556
2025 $2,205 $165,954 $30,254 $135,700
2024 $2,103 $157,076 $30,254 $126,822
2023 $1,999 $148,287 $27,504 $120,783
2022 $1,820 $132,533 $27,504 $105,029
2021 $1,846 $116,696 $22,920 $93,776
2020 $1,811 $116,696 $22,920 $93,776
2019 $1,784 $113,706 $19,930 $93,776
2018 $1,751 $111,204 $18,454 $92,750
2017 $1,842 $110,325 $17,575 $92,750
2016 $1,668 $110,325 $17,575 $92,750
2015 $1,668 $91,375 $12,517 $78,858
2014 -- $91,375 $12,517 $78,858
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 Prior Sale
06/05/2026 06/05/26 Price Changed $269,900 -10.0% $110 / Sq Ft
02/13/2026 02/13/26 For Sale $299,990 +30.4% $123 / Sq Ft
06/25/2021 06/25/21 Sold $230,000 -4.1% $92 / Sq Ft View Prior Sale
04/28/2021 04/28/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $239,900 +805.3% $96 / Sq Ft
11/15/2013 11/15/13 Sold $26,500 -8.6% $11 / Sq Ft View Prior Sale
11/08/2013 11/08/13 Pending -- -- --
11/08/2013 11/08/13 For Sale $29,000 -69.5% $12 / Sq Ft
06/18/2013 06/18/13 Sold $95,000 +0.1% $38 / Sq Ft View Prior Sale
03/28/2013 03/28/13 Pending -- -- --
08/17/2012 08/17/12 For Sale $94,900 -- $38 / Sq Ft
Source: Northeast South Dakota Association of REALTORS®

Purchase 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 Type Sale Price Title Company
Warranty Deed -- First Dakota Title - Wtn
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Closed $131,250 Stand Alone Refi Refinance Of Original Loan
Previous Owner -- Commercial
Source: Public Records

Source: Northeast South Dakota Association of REALTORS®

MLS Number: 24-7167

APN: 007101

South Dakota Codington County Watertown 57201

612 E Kemp Ave, Watertown, SD

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