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Sold on 12/31/2024

725 N Lincoln Ave, Madison, SD 57042

$350,000

Last sold 12/31/2024 after 29 Days

  • 17

    bed

  • 7

    bath

  • 6,943

    Sqft ($50/Sqft)

Multi-family not for sale
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About 725 N Lincoln Ave

Property type Multi-family
Neighborhood
Year built 1959
HOA fee $0/month
Lot size 6,783 Sqft
Property description
Great Investment Opportunity! Don't miss this 6-plex w/opportunity for a 7th unit. Four large 3 bedroom units above grade, two more large units below grade, plus opportunity for a smaller 7th unit below grade. All units include oversized bedrooms, plus large eat-in kitchens and living rooms, and one bathroom. Laundry on site. Off-street parking. Separate electric meters. All tenants on month-to-month leases. Note: The house located at 417 NE 7th Street is adjacent to the Six Plex and is also for sale. List Price at $209,900
Listed by
Listing Agent - Kristi O'Toole Stanga
Listing Agent Contact: OFFICE: 605-336-3600
Listing Office - AMERI/STAR Real Estate, Inc.
Source: REALTOR® Association of the Sioux Empire mls logo
MLS#22408876 • last updated 8 hours ago
Movoto checked REALTOR® Association of the Sioux Empire for data 1 minute ago
Overview
Cooling/AC None
Heating Hot Water, Natural Gas
Levels/Style 2
MLS # 22408876
Living Area 6943
Status Sold
Lot Size (Sqft) 6783
Lot Size (Acres) 0.1557
Property Tax 2782
Year Built 1959
Interior
Flooring Carpet, Vinyl
Appliances Dryer, Range, Refrigerator, Washer
Exterior
Foundation Poured
Roof Composition
Construction Vinyl Siding
Parking Off Street
Amenities / Utilities
Water Source Public
Location
County Lake
Subdivision No Subdivision
Elementary School Madison ES
Middle School Madison MS
High School District MadisonCen
High School Madison HS
APN 212700020004010
Zoning RA 2
Directions 2nd St NE & Lincoln Ave N, N To Property
Multifamily Details
Total # of Units 6
We are not permitted to show value estimates for this property.
  • Dec 2024
    mls logo MLS # 22408876
  • Dec 2, 2024 Listed
    $350,000
  • Year Property taxes Tax assessment
  • 2025
    $2,959 +1.3%
    $163,400
  • 2023
    $2,920 -6.2%
    $163,400 +0.99%
  • 2022
    $3,114 -15.8%
    $161,800 +1.95%
  • 2021
    $3,696 +3.9%
    $158,700
  • 2020
    $3,558
    $158,700
  • 725 N Lincoln Ave
    $350K
  • Sf-60
    —
  • 57042
    $341K +8% y/y
  • Madison
    $341K +8% y/y
No chart available
Statistics calculated by Movoto

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4/10
Madison High School - 01
public Grades 9-12
Madison Central School District 39-2
Source: GreatSchools.org © 2026. All rights reserved.

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