6 Beds
5 Baths
3,735 sqft (on 0.28 acres)
400 1st St, Florence, SD 57235
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 |
|---|---|---|---|---|---|---|
0.04 | $285,000 | 8 | 3 | 3,421 | For Sale | |
0.03 | $158,100 | 3 | 1 | 1,603 | Off Market | |
0.08 | $158,900 | 3 | 2 | 1,144 | Off Market | |
0.08 | $172,800 | 3 | 2 | 1,568 | Off Market | |
0.15 | - | - | - | - | Off Market | |
0.19 | $284,400 | 4 | 2 | 2,432 | Off Market | |
0.22 | $209,300 | 3 | 2.5 | 1,804 | Off Market | |
0.35 | $291,500 | 4 | 4 | 2,484 | Off Market | |
0.42 | $117,800 | 3 | 1 | 2,496 | Off Market | |
0.56 | $313,300 | 5 | 2 | 2,576 | Off Market | |
1.13 | $1,760,000 | - | - | - | For Sale | |
1.13 | $1,760,000 | - | - | - | For Sale |
Local Information
- Map ViewExplore the area around 400 1st St.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1920
Lot Size
0.28 acres
Living Area
3,735 sqft
About this House
Multifamily apartment located at 400 1st St Florence, SD 57235.
For the Investor!
This investment opportunity boasts a solid history of 100% occupancy with recent upgrades such as a new roof, fresh exterior paint, new decks, and updated flooring in most units. With desirable demographics and an impressive 11% Cap Rate, this property offers a strong addition to any portfolio at an attractive sale price of $235,000
The current rents and leasing terms promise stable income flow, presenting a favorable investment scenario. Interested investors can request a virtual tour and serious inquiries can schedule walk-throughs to witness the potential of this fully occupied and well-maintained property firsthand.
Don't miss out on this prime opportunity to secure a steady income-generating asset in a great community!
For the Investor!
This investment opportunity boasts a solid history of 100% occupancy with recent upgrades such as a new roof, fresh exterior paint, new decks, and updated flooring in most units. With desirable demographics and an impressive 11% Cap Rate, this property offers a strong addition to any portfolio at an attractive sale price of $235,000
The current rents and leasing terms promise stable income flow, presenting a favorable investment scenario. Interested investors can request a virtual tour and serious inquiries can schedule walk-throughs to witness the potential of this fully occupied and well-maintained property firsthand.
Don't miss out on this prime opportunity to secure a steady income-generating asset in a great community!
400 1st St, Florence, SD 57235 is a 6 bedroom, 5 bathroom, 3,735 sqft multi-family built in 1920. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,195/month.
Home Details for 400 1st St
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Year Built Year Built: 1920Year Updated: 2024 |
Property Type / Style Property Type: Multi Family |
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Lot Area: 0.28 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 10, 2025 Source: N/A | ListingRemoved | |
Mar 12, 2025 Source: N/A | PriceChange | $215,000 Price decreased by 9% |
Nov 26, 2024 Source: N/A | Listed For Sale | $235,000 |
Mar 24, 2021 Source: N/A | ListingRemoved | |
Mar 11, 2019 Source: N/A | ListingRemoved | $115,000 |
Dec 12, 2018 Source: N/A | PriceChange | $115,000 Price decreased by 15% |
Oct 2, 2018 Source: N/A | Listed For Sale | $135,000 |
Market trends in Florence
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Around this home
What Locals Say about Florence
At least 1 Trulia users voted on each feature.
100 % Say it's dog friendly
100 % Say there are community events
100 % Say it's walkable to restaurants
100 % Say parking is easy
100 % Say car is needed
100 % Say people would walk alone at night
100 % Say kids play outside
100 % Say neighbors are friendly
100 % Say yards are well-kept
100 % Say it's quiet
50 % Say they plan to stay for at least 5 years
Sourced by Trulia users. Learn more about our methodology.
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