multi family in Mitchell

Active$239,000

MLS® Listing#26-349 · Multi Family

514 W 2nd Ave, Mitchell, SD 57301

Davison County

Showing 5 of 54 photos · virtual tour online

3,836Sq Ft

1915Year built

0.23Acre lot

2Garage

Description

Outstanding Investment Opportunity with Seller-Estimated Potential for a 10% Cap Rate!Don't miss this exceptional income-producing property. This spacious property features numerous updates, including newer siding, roof, and windows in 2014, kitchen improvements on the main

Property information

Property type: Residential Income
Sub-type: Multi Family
Year built: 1915
Living area: 3,836 Sq Ft
Lot size: 0.23 acres
Garage spaces: 2
Annual taxes (2025): $2,347
Price / Sq Ft: $62
Days on market: 67

Features

Appliances: Dryer · Microwave · Range · Oven
Cooling: Window Unit(s)
Parking: Detached
Roof: Asphalt
Construction: Frame · Vinyl Siding
Basement: Partial

$239,000List price

3,836Sq Ft

1915Year built

0.23Acre lot

2Garage

9 weeks agoOn market

$239,000

514 W 2nd Ave

Mitchell, SD 57301

Active

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EXIT Prime RealtyMitchell, SDCall

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Description

Property Information

Property type: Residential Income
Sub-type: Multi Family
Year built: 1915
Living area: 3,836 Sq Ft
Lot size: 0.23 acres
Garage spaces: 2
Days on market: 67
MLS^® Listing#: 26-349

Property Features

Appliances: Dryer · Microwave · Range · Oven · Refrigerator · Washer
Cooling: Window Unit(s)
Basement: Partial
Parking: Detached
Construction: Frame · Vinyl Siding
Roof: Asphalt

Financial Details

Annual taxes: $2,347Tax year 2025

Listing Courtesy: Ace Realty, LLC - 6053528618

Presented by: Pamela Bathke

IDX information provided by the Mitchell BOR. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose otherthan to identify prospective properties consumers may be interested in purchasing. This data is deemedreliable but is not guaranteed accurate by the MLS.

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Provided by Pamela Bathke

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Mitchell Market Statistics

How this home compares to 65 active listings in Mitchell, SD

	Mitchell median	This listing
Median listing price	$299,000	$239,000
Median days on market	55	67
Median Sq Ft	1,800	3,836
Median price / Sq Ft	$172	$62

Market statistics compiled from active EXIT Realty® and MLS listings in Mitchell, SD.

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Connect with a Local Real Estate Expert

Jeremy White
Sales Representative
EXIT Prime Realty
Tonya Klingaman
Franchisee, Broker of Record
EXIT Prime Realty
Shonda Schilling
Sales Representative
EXIT Prime Realty
Alysia Plambeck
Sales Representative
EXIT Prime Realty
Justin Morrison
Sales Representative, Franchisee
EXIT Prime Realty
Kleve Klingaman
Franchisee, Associate Broker
EXIT Prime Realty

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of REALTOR® Association of the Sioux Empire, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright ©2026 REALTOR® Association of the Sioux Empire, Inc. All rights reserved.

Description

Property Information

Property Features

Financial Details

Documents & links

Mitchell Market Statistics

Commute Calculator

More homes to consider

602 W 3rd AveMitchell, SD 57301#26-178

511 W 4th AveMitchell, SD 57301#26-381

404 W 1st AveMitchell, SD 57301#22602889

404 W 1st AveMitchell, SD 57301#26-285

Connect with a Local Real Estate Expert

Jeremy White

Tonya Klingaman

Shonda Schilling

Alysia Plambeck

Justin Morrison

Kleve Klingaman

Mitchell Market Statistics

More homes to consider

602 W 3rd AveMitchell, SD 57301#26-178

511 W 4th AveMitchell, SD 57301#26-381

404 W 1st AveMitchell, SD 57301#22602889

404 W 1st AveMitchell, SD 57301#26-285