322 E 1st Ave
Mitchell, SD 57301
Studio
3,195 sqft
Studio
3,195 sqft
Local Information
- Map ViewExplore the area around 322 E 1st Ave.
- Schools2 Elementary Schools2 Middle Schools2 High Schools
- Shop & Eat
-- mins to
Description
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.
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 Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$63
Listed
15 days ago
Home Details for 322 E 1st Ave
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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 |
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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 |
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Days on Market: 15 |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Wood Siding, Frame |
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Price List Price: $199,900Price Per Sqft: $63 |
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MLS Status: Active |
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Direction & Address City: Mitchell |
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Listing Agent Listing ID: 26-261 |
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Building Area Building Area: 3195 Square Feet |
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Lot Area: 7840.8 sqft |
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Expense Tenant Pays: Electricity |
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Owner Pays: Sewer, Water |
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BasementMls Number: 26-261 |
Last check for updates: about 4 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 May 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
70
6MoM
Price History for 322 E 1st Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 06/10/2026 | $199,900 | PriceChange | Mitchell BOR #26-261 |
| 01/29/2024 | $185,000 | Pending | Mitchell BOR #23-385 |
| 08/21/2023 | $185,000 | Listed For Sale | Mitchell BOR #23-385 |
| 05/01/2003 | $71,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| 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.
- Mitchell Middle School - 02
- 6-8
- Public
- 578 Students
8/10GreatSchools RatingParent Rating AverageGreat school! They have good, qualified teachers. The school is clean. Provides a good learning experience for children.Parent Review7y ago - Longfellow Elementary - 05
- K-5
- Public
- 290 Students
8/10GreatSchools RatingParent Rating AverageLongfellow Elementary is an amazing school because of the amazing staff there!! I love that school for my children.Parent Review12y ago - Mitchell High School - 01
- 9-12
- Public
- 879 Students
4/10GreatSchools RatingParent Rating AverageGreat teachers and leadership just the facilities are low qualityOther Review9y ago - Abbott House Elementary - 06
- K-8
- Public
- 13 Students
NAGreatSchools RatingParent Rating Average
No reviews available for this school. - Abbott House High School - 07
- 9-12
- Public
- 18 Students
NAGreatSchools RatingParent Rating AverageNo reviews available for this school. 
Check out schools near 322 E 1st Ave.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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.