418 NW 1st St Madison, SD 57042

Single Family Detached MLS #: 22500743 Courtesy Of EXIT Realty Advantage

$134,900

3 beds | 1 baths | 1 half baths | 1,528 sq ft
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Est. Property Tax: $1,886
Estimated monthly payments: $747/mo.* (recalculate)

Property InformationDescription

Attention investors and flippers! Sold AS-IS, this property offers an opportunity with two separate homes that can provide multiple income streams or serve as a multi-generational living setup. The main house has 3 bedrooms and 2 bathrooms, with hardwood floors. It also offers large gathering spaces perfect for entertaining, and a newer boiler for efficient heating. No matter your plan for this property, this home provides a solid foundation with plenty of possibilities. The smaller house is a cozy 1-bedroom, 1-bathroom unit with an open-concept living room, dining room, and kitchen. This space is ideal for tenants seeking simplicity and convenience or could be used as a guest house or home office. With two income streams and the potential for added value through updates, this property presents a fantastic opportunity for investors or those looking for a multi-unit setup. It s centrally located with easy access to local amenities and right off a couple of main arteries through Madison. Don t miss out on this income-generating diamond in the rough!
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Amenities: Dock, Porch
  • Appliances: Dishwasher, Range, Refrigerator, Washer
  • Architecture Style: Other
  • Fireplace: Fireplace
  • Floor Covering: Concrete, Vinyl, Wood
  • Heating System: Fireplace, Hot Water
  • Lot Size: 0.18 Acres
  • Rooms: Basement, Dining Room, Kitchen, Living Room, Office

MAP & DIRECTIONS

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418 NW 1st St, Madison, SD 57042
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School Information

418 NW 1st St, Madison, SD 57042

Elementary School
Grades KG-5 | Public School
MADISON ELEMENTARY - 07
Madison, SD 57042
700 NW 9th St
605.­256.7721
Distance: 0.7 mi
School Rating
B
Student:Teacher Ratio
15:1
Total Students
504
Middle School
Grades 6-8 | Public School
MADISON MIDDLE SCHOOL - 02
Madison, SD 57042
830 NE 9th St
605.­256.7717
Distance: 1.0 mi
School Rating
C+
Student:Teacher Ratio
13:1
Total Students
277
High School
Grades 9-12 | Public School
MADISON HIGH SCHOOL - 01
Madison, SD 57042
800 NE 9th St
605.­256.7706
Distance: 1.0 mi
School Rating
C-
Student:Teacher Ratio
13:1
Total Students
343
Other Nearby Schools Distance Type Grades School Rating
St Thomas School 0.2 mi Private PK-5
Madison Christian School 1.4 mi Private PK-4
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Madison, SD 57042

Median Age: 40.1
Married: 48%
Number of Households: 3,581
Households with Children: 24.7%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.