$640,000

235 W 1st St Street, Tea, SD 57064

  • 7,184 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1975
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $89/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Conveniently located in Tea, this well-maintained 8-plex offers a strong rental history and excellent income potential. The property features seven spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, all with comfortable living rooms and open dining/kitchen combo layouts. Tenants enjoy ample on-site and off-street parking, on-site laundry, and the benefit of paying their own electricity. Each unit has been refreshed with updated flooring and paint upon turnover, helping keep the property attractive and rent-ready. Professionally managed by Alpine Property Management for added peace of mind. Don’t miss this solid multifamily investment—contact us today for more details or to schedule a showing!

Listing Status:
Pending
Data Last Updated:
April 4, 2026 at 1:57PM
Listing Office:
Alpine Residential : 605-607-7355
Listing Agent:
Jackson D Dorhout : 605-254-4644
MLS ID:
22600283
  • Appliances: RefrigeratorRangeWasherDryer
  • Basement: Full
  • Flooring: CarpetTileVinyl
  • A/C: Window Unit(s)
  • Heating: Radiant
  • Parking: Paved
  • Roofing: Composition
  • General: HardiPlank TypeBlockBlock
  • Originating MLS: REALTOR Association of the Sioux Empire
  • School District: Tea Area
  • County: Lincoln
  • Zoning: Lots 1 & 2 Block 1 Peters Second Add to Byron City of Tea240.15.01.002
  • Water: Public
  • Sewer: Public Sewer
  • Source: REALTOR Association of the Sioux Empire

This listing courtesy of Jackson D Dorhout , Alpine Residential

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Tea Area Venture Elementary - 06

101 E 7th St, Tea, SD, 57064

Grades KG-5

0.44 miles away

T

Tea Area Middle School - 02

515 W Brian St, Tea, SD, 57064

Grades 6-8

0.50 miles away

T

Tea Area High School - 03

500 W Brian St, Tea, SD, 57064

Grades 9-12

0.61 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.