101 & 103 E State St, Martin, SD 57551
Property image
Property image
FOR SALE
NEW - 17 HRS AGO
1 ACRE

101 & 103 E State St
Martin, SD 57551

  • Studio

$450,000

Est. Mortgage $2,713/mo*
Get Pre-Qualified

$450,000

Est. Mortgage $2,713/mo*
Get Pre-Qualified
Studio
(on 1 acre)

Local Information

  • Map ViewExplore the area around 101 & 103 E State St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Exceptional investment opportunity with endless potential! Situated on a 1-acre lot, this unique property features two separate dwellings, offering flexibility for rental income, owner occupancy or both. The single-family home includes 4 bedrooms (one may not be to code), 1 bathroom, and a spacious living room, all conveniently located on one level. The brick exterior & cove heat provide excellent energy efficiency, with a propane-compatible forced-air furnace available if preferred. Recent electrical updates & cosmetic improvements make the home move-in ready. The neighboring up/down duplex is currently operating as successful Airbnb rentals. Each 792-square-foot unit offers 2 bedrooms, 1 bathroom, stackable washer & dryer, window A/C for the warmer months & cove heat to keep things comfortable during the winter. Financial information is available upon request & all furnishings can be included, making this a truly turnkey investment. The brick home is also available for purchase separately. Don't miss this rare opportunity to own a versatile property with multiple income possibilities!

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 101 & 103 E State St

Interior Features

Appliances & Utilities
Utilities: Separate Meters
Heating & Cooling
Heating: Electric,Forced Air,PropaneHas CoolingAir Conditioning: Central Air,Window Unit(s)Has HeatingHeating Fuel: Electric
View
Has a ViewView: City
Security
Security: Security System
Room & Shared Space
Shared space is furnished

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Balcony/Deck, Private EntranceFoundation: Slab
Parking & Garage
No CarportHas a GarageParking: Garage,See Remarks
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: <1 day on Trulia

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Hardboard

Price & Status

Price
List Price: $450,000
Status Change & Dates
Possession Timing: Immediate, Negotiable

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: MartinCommunity: Other

Agent Information

Listing Agent
Listing ID: 179827

Lot Information

Lot Area: 1 Acres

Rental Terms, Policies & Fees

Furnished

Miscellaneous

Mls Number: 179827
Last check for updates: about 2 hours ago
Listing courtesy of CALLI KOSMICKI
RE/MAX ADVANTAGE
Source: Black Hills AOR, MLS#179827
Also Listed on Black Hills AOR.

Market trends in Martin

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
—

Price History for 101 & 103 E State St

DatePriceEventSource
07/03/2026$450,000Listed For SaleBlack Hills AOR #179827

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 101 & 103 E State St

Skip to last item
Skip to first item

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 101 & 103 E State St.

What Locals Say about Martin

At least 1 Trulia users voted on each feature.

  • 100 % Say it's walkable to grocery stores

  • 100 % Say people would walk alone at night

  • 100 % Say parking is easy

  • 100 % Say it's walkable to restaurants

  • 100 % Say yards are well-kept

  • 67 % Say neighbors are friendly

  • 50 % Say kids play outside

  • 50 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Akathol
    "the town is small and quaint. Has a golf course, but lacks minimal ammenities. A Family Dollar store recently opened and a subway is opening soon. However, the town has pockets of blight interdispersed amongst average home sites. Homes in this town do not appreciate quickly and the city council does not take action on lots that violate city ordinances. Some sites are ok, but don't expect a return on your investment over an extended period of time. Homelessness is rampant and alcohol prevails with the many drunk Indians walking around town. Garbage is often observed to spew throughout the town from the trash blowing from the lots owners that don't have any pride in taking care of their homes."
    0
    Flag

LGBTQ Local Legal Protections

CALLI KOSMICKI, RE/MAX ADVANTAGE
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Black Hills Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed.
101 & 103 E State St, Martin, SD 57551 is a studio multi-family built in 1960. This property is currently available for sale and was listed by Black Hills AOR on Jul 3, 2026. The MLS # for this home is MLS# 179827.