501 S 7TH STREET, Milbank, SD 57252

$699,000
Property Type: Commercial Square Footage: 8,160 Lot Size (sq. ft.): 7,841 Status: Active
Current Price: $699,000 List Date: 7/31/2025 Last Modified: 1/29/2026

Overview

Description

This well-maintained 8-plex offers a fantastic opportunity for investors looking to expand their real estate portfolio. Featuring 8 total units: seven that are 2 bed/1 bath units, and one, 1 bed/1 bath unit. There are 9 total detached garage stalls adjacent from the property - eight of which are used for tenants and one that can be used for maintenance/storage. All units are currently occupied. Listing agent is related to sellers.

Listing Details MLS# 28-1334

Contract Information

Sale/Lease
Sale
Book Section
Commercial
Record Number
26.01.03.04
Begin Date
2025-07-31
Sign
No
City/Rural
City

General Property Description

Total SqFt.
8160
Year Built
1980
Realtor.COM Type
Commercial
Acres
0.18
Number of Units
8

Remarks

Public Remarks
This well-maintained 8-plex offers a fantastic opportunity for investors looking to expand their real estate portfolio. Featuring 8 total units: seven that are 2 bed/1 bath units, and one, 1 bed/1 bath unit. There are 9 total detached garage stalls adjacent from the property - eight of which are used for tenants and one that can be used for maintenance/storage. All units are currently occupied. Listing agent is related to sellers.

Location Tax and Other Information

House Number
501
Street Direction Pfx
S
Street Name
7TH
Street Suffix
STREET
State/Province
SD
Postal Code
57252
County
Grant

Status Change Info

Status Change Date
2025-07-31

Location, Tax and Other Information

Taxes
7234
Tax Year
2024
Legal
BARTLETT'S FIRST ADDN LOT 1 EX E 8' & N 34' OF LOT 4 BLOCK 3 (COLONIAL M)
Zoning
R2
Listing Office: DIAMOND REALTY
Last Updated: January - 29 - 2026
Information deemed reliable but not guaranteed.