612 E KEMP AVENUE, Watertown, SD 57201

$299,990
Property Type: Residential Income Bedrooms: 6 Baths: 3 Square Footage: 2,446 Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $299,990 List Date: 2/13/2026 Last Modified: 3/17/2026

Overview

Description

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 Details MLS# 24-7167

Contract Information

Book Section
Multi Family
Record Number
7101
Begin Date
2026-02-13
City/Rural
City

General Property Description

Style
1.5 Story
Realtor.COM Type
Multi-Family
Above Grade Sq. Ft
1510
Total SqFt.
2446
Year Built
1912
Acres
0.15
Above Grade Bedrooms
4
Total Bedrooms
6
Total Bathrooms
3
Baths - Full
3
Garage Type
None
Waterfront Y/N
No
Lake Name
None
Basement
Full

Remarks

Public Remarks
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.

Location Tax and Other Information

House Number
612
Street Direction Pfx
E
Street Name
KEMP
Street Suffix
AVENUE
State/Province
SD
Postal Code
57201
County
Codington

Status Change Info

Status Change Date
2026-02-13

More Information

Location, Tax and Other Information

Taxes
2204.8
Tax Year
2025
Legal
W50' LOTS 1-3 BLK 10 EAST WATERTOWN ADD
Listing Office: THE REALTY TEAM
Last Updated: March - 17 - 2026
Information deemed reliable but not guaranteed.