Vermillion, SD Homes for Sale under $200,000

Investment Opportunity – Duplex Near USD Campus This duplex investment property is located on a corner lot within walking distance to the University of South Dakota and downtown Vermillion. Both units are separately metered for utilities, offering convenience and efficiency for owners and tenants alike. Unit 1 (Main Level): 2 bedrooms, 1 bathroom, approximately 1,031 sq. ft., featuring hardwood

Lori Whitman Maloney Real Estate

Affordable home with 2 bedrooms and 1 bath, plus a nice 2 stall garage. Great opportunity for someone looking for an investment. The furnace, air conditioning and water heater were updated in 2019. The home also provides newer bedroom windows, new carpet in the primary bedroom, a newer sidewalk, plus permanent siding and all on a nice lot with trimmed trees. This is an older home with a crawl

Kelly McKelvey Premier Real Estate and Property Management

This adorable 1-bedroom home with an extra office space is full of charm and updates! The kitchen and bathroom have been remodeled with new cabinets, counters, vanity, shower. Other updates include HVAC, water heater, landscaping, 2 new windows, new paint through out, new appliances make this house move in ready. You'll love the cozy touches like shiplap ceilings and wainscoting in the living

Jana Bye Dakota Realty

Commercial zoning, can be a residence or a business. Seller can deliver it vacant for owner occupied or rented for an investor. 4 bedrooms, 2 baths, lots of parking , usable unfinished basement. There is a small fenced area and lots of parking. Several updates. Can be purchased with 1203 E Cherry for good income until you develop it. Excellent new price.

Barbara Iacino Dakota Realty

Commercial zoning. Can be a residence or a business. Currently rented til 5/31/2026 for $1650/mo. tenants pay all utilities. This is an updated 4 bedroom, 2 bath home with good sized bedrooms and lots of light. Close to USD campus, easy to rent. lots of parking. Can be purchased with 1209 E Cherry for potential development. This property provides so many options. Excellent new price.

Barbara Iacino Dakota Realty