$450,000
Studio
101 & 103 E State St, Martin, SD 57551
We estimate this home will sell faster than 86% nearby.
Home Highlights
Property Type
Multi-Family
Year Built
1960
Lot Size
1 acre
Parking
Garage
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
About this House
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!
Last check for updates: about 6 hours ago
Listing courtesy of CALLI KOSMICKI
RE/MAX ADVANTAGE
Source: Black Hills AOR, MLS#179827
Also Listed on Black Hills AOR.
We estimate this home will sell faster than 86% nearby.
Home Details for 101 & 103 E State St
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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 |
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Exterior Home Features Roof: CompositionExterior: Balcony/Deck, Private EntranceFoundation: Slab |
Parking & Garage No CarportHas a GarageParking: Garage,See Remarks |
Frontage Not on Waterfront |
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Days on Market: 59 |
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Year Built Year Built: 1960 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
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Price List Price: $450,000 |
Status Change & Dates Possession Timing: Immediate, Negotiable |
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MLS Status: ACTIVE |
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Direction & Address City: MartinCommunity: Other |
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Listing Agent Listing ID: 179827 |
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Lot Area: 1 Acres |
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Mls Number: 179827 |
Around this home
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.
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.
Market trends in Martin
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
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Home Value
Learn more about this home's value by checking out the value of nearby homes.
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $150,000 | 4 | 1 | 1,400 | For Sale | |
0.17 | $68,590 | 4 | 1.5 | 1,499 | For Sale | |
0.28 | $189,000 | 2 | 1.5 | 3,640 | For Sale | |
0.45 | $26,500 | Studio | - | 1,200 | Recently Sold | |
0.45 | $189,200 | 2 | 2 | 1,300 | Off Market | |
0.48 | $243,300 | 4 | 1.5 | 1,800 | Off Market | |
0.54 | $215,000 | 4 | 3 | 2,548 | For Sale | |
1.05 | $199,999 | 2 | 2 | 1,080 | For Sale | |
1.19 | $125,200 | 3 | 2 | 1,280 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 3, 2026 Source: Black Hills AOR #179827 | Listed For Sale | $450,000 |
LGBTQ Local Legal Protections
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.
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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.