202 Prospect, Vermillion, SD
Investment Opportunity – Duplex Near USD Campus This duplex investment property is located on a corner lot within walking distance to the University of South Dakota and downtown Vermillion. Both units are separately metered for utilities, offering convenience and efficiency for owners and tenants alike. Unit 1 (Main Level): 2 bedrooms, 1 bathroom, approximately 1,031 sq. ft., featuring hardwood floors, spacious layout, and natural light. Unit 2 (Upper Level): 2 bedrooms, 1 bathroom, approximately 1,031 sq. ft., updated with brand-new carpet. Both units are currently leased through May 31, 2026, providing immediate rental income and long-term stability. This property has a strong rental history and built-in demand thanks to its prime location. Whether you’re expanding your portfolio or looking for a turnkey income-producing property, this duplex checks all the boxes.
Property Address
Open on Google Maps- Address 202 Prospect
- City Vermillion
- State/county SD
- Zip/Postal Code 57069
Property Details
- Property ID: 830107
- Price: $169,900
- Property Size: 2062 Sq Ft
- Property Lot Size: 0.15 Acres
- Year Built: 1897
- Property Type: Multi-Family
- Taxes: $4187
MLS Information
| Air Conditioner Type | Window Unit |
| Below Grade Finished Square Feet | 0 |
| Contingency Type | None |
| County | Clay |
| Driveway | Concrete,Gravel |
| Elementary School | Vermillion |
| Flood Insurance | Not Required |
| Fuel Type | Natural Gas |
| Garage Type | None |
| Heat Type | Forced Air |
| High School | Vermillion |
| Legal Description | E 1/2 OF LOTS 6 & 7 BLK 50 SNYDERS CITY OF VERMILLION, COUNTY OF CLAY, SOUTH DAKOTA |
| Lot Size Dimensions | 6600 |
| Main Square Feet | 1031 |
| Middle School | Vermillion |
| Rental Income | 1800 |
| Rented | Yes |
| Tax Year | 2024 |
| Units | 2 |
| Water Type | City |
| Zoning | R-2 |
MLS#: 830107; Listing Provided Courtesy of Maloney Real Estate (605-624-3333) via Northwest Iowa Regional Board of REALTORS. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
