$350,000
Original price: $365,000
Studio
6,000 sqft
2400 E Capitol Ave, Pierre, SD 57501
Home Highlights
Multi-Family
Built in 1972
$58/sqft
Local Information
- Map ViewExplore the area around 2400 E Capitol Ave.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
There is endless potential with this 6,000+ sq. ft. multi-use gem! Formerly a licensed daycare for 110 kids, it features 7-9+ classrooms, a kitchen, and two playgrounds. Zoned for multi-family/commercial use, it's perfect for apartments, offices, or a live-work setup. Includes a new roof (2024) and updated HVAC systems (2019/2022). Sold as-is, this versatile space is ready for your vision. Location is fantastic
Zoned for multi-family and commercial use, this versatile space is perfect for:
Residential Conversion: Transforming the building into modern apartments.
Professional Suites: Ideal for office space or specialized services.
Commercial Ventures: Suitable for low-traffic commercial use.
Live-Work Setup: Reside in one portion while running your business from the other.
Key updates and specifications include:
Exterior: Brand-new shingles installed in 2024.
Climate Control: Two HVAC systems (updated in 2019 and 2022).
Spacious Layout: Approximately 3,400+ sq. ft. on the main level and 2,800 sq. ft. on the lower level.
Sold AS-IS, this property is a blank canvas.
Financials are available for a child care facility if interested.
Sprinkler system
5 different restrooms
Lower level storage area are 3 rooms not used and have 3 egress windows.
Small shed included.
Major renovation and remodel in 2007 of majority of the building. Pavilion added 2007/2008.
Includes all equipment, cabinets, etc inside and outside
Seller previously related to listing agent.
Zoned for multi-family and commercial use, this versatile space is perfect for:
Residential Conversion: Transforming the building into modern apartments.
Professional Suites: Ideal for office space or specialized services.
Commercial Ventures: Suitable for low-traffic commercial use.
Live-Work Setup: Reside in one portion while running your business from the other.
Key updates and specifications include:
Exterior: Brand-new shingles installed in 2024.
Climate Control: Two HVAC systems (updated in 2019 and 2022).
Spacious Layout: Approximately 3,400+ sq. ft. on the main level and 2,800 sq. ft. on the lower level.
Sold AS-IS, this property is a blank canvas.
Financials are available for a child care facility if interested.
Sprinkler system
5 different restrooms
Lower level storage area are 3 rooms not used and have 3 egress windows.
Small shed included.
Major renovation and remodel in 2007 of majority of the building. Pavilion added 2007/2008.
Includes all equipment, cabinets, etc inside and outside
Seller previously related to listing agent.
Last check for updates: about 22 hours ago
Listing courtesy of Lisa Blake, (605) 280-5984
Lisa Blake Real Estate
Source: Central South Dakota BOR, MLS#26-58
Also Listed on Central South Dakota BOR.
Home Details for 2400 E Capitol Ave
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Dimensions and Layout Living Area: 6000 Square Feet |
Heating & Cooling No Heating |
Levels, Entrance, & Accessibility Stories: 2 |
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Exterior Home Features No Private Pool |
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Days on Market: 180+ |
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Year Built Year Built: 1972 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
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Price List Price: $350,000Price Per Sqft: $58 |
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MLS Status: Active |
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Direction & Address City: Pierre |
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Listing Agent Listing ID: 26-58 |
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Building Area Building Area: 6000 Square Feet |
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Lot Area: 4191.913 sqft |
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Mls Number: 26-58 |
Around this home
What Locals Say about Pierre
At least 18 Trulia users voted on each feature.
89 % Say parking is easy
83 % Say there are sidewalks
82 % Say there's holiday spirit
80 % Say yards are well-kept
77 % Say people would walk alone at night
76 % Say kids play outside
75 % Say it's dog friendly
75 % Say car is needed
68 % Say it's quiet
54 % Say neighbors are friendly
53 % Say streets are well-lit
48 % Say it's walkable to grocery stores
45 % Say they plan to stay for at least 5 years
41 % Say there's wildlife
29 % Say it's walkable to restaurants
17 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Pierre
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
86
10MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.49 | Multi-Family Home | $171,000 | 02/27/26 | 2 | 1,355 | ||
1.91 | Multi-Family Home | $725,000 | 06/01/26 | 8 | 6,336 | ||
6.53 | Multi-Family Home | $65,000 | 10/16/25 | - | 4,536 |
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 | $329,900 | 4 | 2 | 2,496 | Off Market | |
0.07 | $268,200 | 5 | 2 | 2,288 | Off Market | |
0.08 | $377,900 | 4 | 2 | 2,484 | Off Market | |
0.13 | $278,200 | 3 | 2 | 1,258 | Off Market | |
0.15 | $226,100 | 4 | 2 | 2,016 | Off Market | |
0.12 | $271,400 | 4 | 2 | 1,872 | Off Market | |
0.16 | $305,000 | 4 | 1.5 | - | For Sale | |
0.18 | $306,700 | 3 | 2 | 2,716 | Off Market | |
0.15 | $169,800 | 3 | 2 | - | Off Market | |
0.21 | $225,000 | 3 | 2 | 1,785 | Recently Sold | |
0.19 | $119,900 | 5 | 2 | 2,100 | Foreclosure |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 19, 2026 Source: Central South Dakota BOR #26-58 | PriceChange | $350,000 Price decreased by 4% |
Apr 13, 2026 Source: Central South Dakota BOR #26-58 | PriceChange | $365,000 Price decreased by 2% |
Mar 14, 2026 Source: Central South Dakota BOR #26-58 | Listed For Sale | $372,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Lisa Blake, Lisa Blake Real Estate
Agent Phone: (605) 280-5984
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
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2400 E Capitol Ave, Pierre, SD 57501 is a studio, 6,000 sqft multi-family built in 1972. This property is currently available for sale and was listed by Central South Dakota BOR on Mar 13, 2026. The MLS # for this home is MLS# 26-58.