408 S Sanborn Blvd, Mitchell, SD 57301 (MLS# 26-490)

$429,000
408 S Sanborn Blvd
Mitchell, SD 57301
MLS# 26-490
3344 sqft
Front faces West
  1 / 32  
Front faces West Back parking faces East LL unit 1 Front entrance LL unit 1 Livingroom LL unit 1 livingroom LL unit 1 bathroom LL unit 1 bedroom LL unit 1 kitchen storage and coin operated laundry accessible for all units LL boiler back entrance unit 3 Main floor unit 3 back entry unit 3 Main level kitchen Main level kitchen main level unit 3 bedroom unit 3 bedroom Main floor dining area off kitchen Main floor unit 3 bathroom Main floor unit 3 livingroom Main floor unit 3 livingroom Main floor unit 4 front entrance Main floor unit 4 back entrance MF unit 4 Kitchen Main floor unit 4 kitchen Main floor unit 4 Bathroom Main floor unit 4 Dinning room off Kitchen Main floor unit 4 Livingroom Main floor unit 4 Bedroom Main front entrance, Second floor landing Lower level stairway

Property Description
Multifamily Opportunity with an 8.5% Cap Rate. Charming 6-plex apartment building. Spacious 1 bedrooms, with high ceilings, hardwood floors and ample natural light. Additional bonus storage, walk in closets, off-street parking, and security system. Boiler radiant heating system replaced in 2018, newer windows, new(2026) coin-operated washer and dryer units,

Details
Maps
Documents
General Property Description
Realtor.COM Type: Commercial
Waterfront YN: No
Total Finished SqFt.: 3344
Age: 1915
Location, Tax and Other Information
Legal: Lot 10 & N 5.6' of Lot 2 A sub of Lot 9 in Block 17, Railroad Addition, Davison County, City of Mitchell
Construction
Exterior Const: Stucco
Miscellaneous
Parking Space: off street parking
Foundation
Block: 1
Utilities
Air Conditioning: Window
Heat Fuel: Other
Heat Type: Steam
Sewer: City
Water: City
Contract Information
Current Price: $429,000
Book Section: Commercial
Begin Date: 2026-10-02
Status: Active
List Price: $429,000
Location Tax and Other Information
House Number: 408
Street Direction Pfx: S
Street Name: Sanborn
Street Suffix: Blvd
State/Province: SD
Postal Code: 57301
County: Davison
Taxes: 4682.78
Tax Year: 2025
Property Features
Foundation: Block
Supplements
and long term tenants make this an excellent investment!
Listing Office: Mitchell Realty LLC

Last Updated: October - 02 - 2026

Information deemed reliable but not guaranteed.

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