408 S Sanborn Blvd, Mitchell, SD 57301 (MLS# 26-491)

$429,000
408 S Sanborn Blvd
Mitchell, SD 57301
MLS# 26-491
3344 sqft
Front facing west on Sanborn
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Front facing west on Sanborn Off street parking Front entrance access to all 6 apartments Apartment 1 living room Apartment 1 Livingroom Apartment 1 Bedroom Apartment 1 kitchen Apartment 1 bathroom Lower Level coin operated laundry and storage area. accessible to all tenants Apartment 3 back entrance Apartment 3 back porch entrance Kitchen off of back entrance apartment 3 Kitchen apartment 3 Apartment 3 Bathroom Apartment 3 bedroom Apartment 3 bedroom Apartment 3 dining room Apartment 3 livingroom Apartment 3 livingroom Apartment 4 livingroom Apartment 4 Diningroom Apartment 4 bedroom Apartment 4 kitchen Apartment 4 kitchen Apartment 4 bathroom second floor landing basement apartments landing

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: Multi-Family
Waterfront YN: No
Legal: Lot 10 & N 5.6' of Lot 2 A sub of Lot 9 in Block 17, Railroad Addition, Davison County, City of Mitchell
Age: 1915
Total Finished SqFt.: 3344
Construction
Exterior Const: Stucco
Construction: Frame
Foundation
Block: 1
Basement
Full: 1
Contract Information
Current Price: $429,000
Book Section: Residential
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
Basement: Full
Supplements
and long term tenants make this an excellent investment!
Listing Office: Mitchell Realty LLC

Last Updated: October - 09 - 2026

Information deemed reliable but not guaranteed.

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