3-Plex in Watertown

416 4th St NW, Watertown, SD 57201

  • For Sale $300,000
  • Property Type Multi-Family
  • Property Size 2,800 SF
  • Units 3
  • Lot Size 0.19 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1907
  • Date Updated Jul 2, 2025
Located in the heart of Watertown, SD, this area offers a vibrant blend of commercial and residential spaces. Just moments from the property, visitors can explore the historic downtown district, home to local shops, restaurants, and businesses. Watertown is known for its strong sense of community and its abundance of outdoor recreational opportunities, including the nearby Lake Kampeska. With easy access to popular landmarks like the Bramble Park Zoo and the Terry Redlin Art Center, the area provides a balanced mix of urban conveniences and natural beauty, making it an ideal location for office and office building investors seeking a dynamic and thriving community.Introducing an exceptional opportunity for multifamily/mid-rise investors in the heart of Watertown, SD. This historic, 2,800 SF property, originally built in 1907, comprises three units and enjoys a prime location in the desirable Watertown area. Currently boasting 100% occupancy, the property represents a stable and attractive investment with immediate income potential. With its classic charm and solid rental history, this property presents a unique chance to acquire a piece of Watertown's history while enjoying strong rental demand in an established and thriving community.
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Highlights

  • 2,800 SF historic building
  • Constructed in 1907
  • Current 100% occupancy rate
  • Prime location in Watertown area
  • Three units for multi-tenant potential

Contacts

broker

eXp Commercial

Location

Getting Around

  • Walk Score ®

    43/100 Car-Dependent
  • Bike Score ®

    67/100 Bikeable
Powered by Walk Score ®
  • City Watertown, SD
  • Zip Code 57201

Points of Interest

  • Casey's General Store

    0.67 miles

  • Clark

    0.80 miles

  • Sinclair

    1.12 miles

  • Cenex

    1.39 miles

  • Marathon

    3.41 miles

  • Disc Golf & Trail

    0.48 miles

  • Park

    0.82 miles

  • Family Aquatic Center

    1.04 miles

  • Thunder Road

    1.07 miles

  • Park & Boat Ramp Parking

    3.12 miles

  • Boat Ramp

    5.91 miles

  • Camp

    5.95 miles

  • Beach

    6.06 miles

  • Prairie Lakes Caring Clubhouse

    0.30 miles

  • Travel Inn

    1.58 miles

  • Ramkota Hotel & Watertown Event Center

    1.59 miles

  • Super 8 Watertown

    1.61 miles

  • Econo Lodge

    1.82 miles

  • Hampton Inn & Suites Watertown

    2.72 miles

  • Days Inn Watertown

    2.84 miles

  • Country Inn & Suites

    3.05 miles

  • My Place Hotel

    3.10 miles

  • Quality Inn & Suites

    3.15 miles

  • Hospital Cafeteria

    0.35 miles

  • Riverside

    0.44 miles

  • Wise Pizza

    0.48 miles

  • Wheel Inn

    0.56 miles

  • Pizza Ranch

    0.60 miles

  • Subway

    0.79 miles

  • DQ Grill & Chill

    1.14 miles

  • Zesto

    1.15 miles

  • Taco John's

    1.17 miles

  • McDonald's

    1.19 miles

  • Mellette Elementary School

    0.18 miles

  • Saint Martin's Lutheran School

    0.75 miles

  • Immaculate Conception School

    0.75 miles

  • McKinley Elementary School

    0.80 miles

  • Watertown Christian School

    0.81 miles

  • Roosevelt Elementary School

    0.91 miles

  • Great Plains Lutheran High School

    1.07 miles

  • Watertown Intermediate School

    1.09 miles

  • Watertown High School

    1.11 miles

  • Jefferson Elementary School

    1.15 miles

Frequently Asked Questions

How much does 3-Plex in Watertown cost?

The space currently listed for sale at 3-Plex in Watertown asks for $300,000.

What is the total square footage of 3-Plex in Watertown?

3-Plex in Watertown totals 2,800 square feet.

When was this property built?

3-Plex in Watertown was built in 1907.

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