322 E 1st Ave, Mitchell, SD 57301
Property image
Property image
FOR SALE

322 E 1st Ave
Mitchell, SD 57301

  • Studio
  • 3,195 sqft

$189,900

Original price: $199,900

$189,900

Original price: $199,900
Studio
3,195 sqft

Home Highlights

Parking
Garage
Climate Control
Heating & Cooling
Price/Sqft
$59
Listed
60 days ago

Local Information

  • Map ViewExplore the area around 322 E 1st Ave.
  • Schools2 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

Turnkey investment opportunity! Fully rented 3 unit property with long term tenants in place! Each unit has at least 2 bedrooms and 1 full bath with comfortable living space and a steady rental income potential. Great opportunity to add a solid income-producing property to your portfolio! Each floor is over 1,000 sq ft.Double car garage is also rented out. 1. Upstairs apartment - Eric has in unit laundry, little back porch. Hardwood floors. 2 bedroom, 1 bath, dining room, kitchen, living room and half of garage.
Rent- $715 plus $50 for garage
He has been there for 10 years.
2. Main level-Carmen has in unit laundry, little back porch, hardwood floors, 2 bedroom, 1 bath, dining room, kitchen, and living room. She has an emotional support dog. Rent $715
3. Basement apartment- 2 bedrooms, 1 bath, kitchen, dining room, living room and half of the garage. He has bee there 7 years. There is a new door on the basement apartment. Rent $500 plus $50 for garage, which they do mowing and snow removal.

2025 New tin roof on the garage
Divider wall added in the garage to separate the two sides.

Landlord pays, water, garbage and sewer- Avg $96 a month.
Tenant pays electricity.
Tenants are on a month to month.

Home Details for 322 E 1st Ave

Interior Features

Interior Details
Basement: Full
Dimensions and Layout
Living Area: 3195 Square Feet
Appliances & Utilities
Utilities: Seperate MetersAppliances: Dryer, Range/Oven, Refrigerator, WasherDryerRefrigeratorWasher
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation: Block
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage: DetachHas a GarageNo Attached GarageParking Spaces: 2Parking: Garage
Frontage
Not on Waterfront

Days on Market

Days on Market: 60

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Wood Siding, Frame

Price & Status

Price
List Price: $189,900Price Per Sqft: $59

Active Status

MLS Status: Active

Location

Direction & Address
City: Mitchell

Agent Information

Listing Agent
Listing ID: 26-261

Building

Building Area
Building Area: 3195 Square Feet

Lot Information

Lot Area: 7840.8 sqft

Business

Expense
Tenant Pays: Electricity

Rental Terms, Policies & Fees

Owner Pays: Sewer, Water

Miscellaneous

BasementMls Number: 26-261
Last check for updates: about 3 hours ago
Listing courtesy of DEANNA HETLAND, (605) 770-8456
Ace Realty, LLC
Source: Mitchell BOR, MLS#26-261
Also Listed on Mitchell BOR.

Market trends in Mitchell

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$260K
Sale-to-List Price
98.1%
Price per sq ft
$138
Available listings
69
1MoM

Price History for 322 E 1st Ave

DatePriceEventSource
07/09/2026$189,900PriceChange
Mitchell BOR #26-261
06/10/2026$199,900PriceChange
Mitchell BOR #26-261
01/29/2024$185,000PendingMitchell BOR #23-385
08/21/2023$185,000Listed For SaleMitchell BOR #23-385
05/01/2003$71,000Sold
N/A

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Property Tax and Assessment

Year2025
Tax$2,826
Assessment$190,794
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 322 E 1st Ave.
View nearby schools on GreatSchools
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 Mitchell

At least 19 Trulia users voted on each feature.

  • 91 % Say parking is easy

  • 88 % Say car is needed

  • 88 % Say there are sidewalks

  • 84 % Say it's dog friendly

  • 80 % Say yards are well-kept

  • 75 % Say kids play outside

  • 68 % Say there's holiday spirit

  • 68 % Say people would walk alone at night

  • 57 % Say it's walkable to grocery stores

  • 56 % Say neighbors are friendly

  • 55 % Say it's quiet

  • 52 % Say it's walkable to restaurants

  • 52 % Say streets are well-lit

  • 45 % Say they plan to stay for at least 5 years

  • 40 % Say there's wildlife

  • 31 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Laurriee
    "we have a neighborhood pool in my backyard which is members only and we are located on a dead end street and 1 block from the hospital "
    0
    Flag
  • Wellst92
    "we see people walking dogs around yhe neighborhood all the time. we strongly love the atmosphere we live in and hope you do the same!"
    0
    Flag
  • Wellst92
    "I believe in a warm loving and friendly atmosphere where my family can grow and be accepted for who we are. "
    0
    Flag
  • Kelsie k.
    "City races, sports is the biggest thing here like football, volleyball, basketball, and baseball, anything at the corn palace, restaurants "
    0
    Flag
  • Itemsidontneed
    "used to live here wont tell anyone to live there load noises from cars down the street bad thief and vandal poor peoperty upkeep and tree upkeep"
    0
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LGBTQ Local Legal Protections

Frequently asked questions about 322 E 1st Ave

  • What is the estimated monthly payment for 322 E 1st Ave?
    Based on a $189,900 list price with 20% down at today's rates, the estimated monthly payment for 322 E 1st Ave in Mitchell, SD is approximately $1,265 (about $994 principal & interest, $196 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 322 E 1st Ave compare to homes in Mitchell?
    322 E 1st Ave in Mitchell, SD is listed at $189,900, about 27% below the $260K median sale price in Mitchell.
  • What do residents say about Mitchell?
    Residents describe Mitchell, SD as easy to park in, pedestrian-friendly, and dog-friendly. See homes for sale in Mitchell, SD.
  • What are the closest schools to 322 E 1st Ave?
    The closest schools to 322 E 1st Ave in Mitchell, SD are Abbott House Elementary - 06 (Middle), Abbott House High School - 07, Longfellow Elementary - 05 (rated 8/10).
  • Does 322 E 1st Ave have air conditioning?
    Yes, 322 E 1st Ave in Mitchell, SD has air conditioning.
  • Does 322 E 1st Ave have laundry facilities?
    Yes, 322 E 1st Ave in Mitchell, SD has in-unit laundry.
DEANNA HETLAND, Ace Realty, LLC
Agent Phone: (605) 770-8456
IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.
322 E 1st Ave, Mitchell, SD 57301 is a studio, 3,195 sqft multi-family built in 1900. This property is currently available for sale and was listed by Mitchell BOR on Jun 10, 2026. The MLS # for this home is MLS# 26-261.