Home Value
Trulia Estimate
$287KSince last month
Increased$3K (+1.1%)Since last year
Increased$20K (+7.4%)Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.
Trulia Estimate
The of this home's value increased by +15% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $290K |
| August 2026 | $287K |
| June 2026 | $301K |
| March 2026 | $275K |
| February 2026 | $274K |
2025 | |
2024 | |
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 | $156,800 | 3 | 1 | 1,603 | Off Market | |
0.08 | $158,000 | 3 | 2 | 1,144 | Off Market | |
0.08 | $171,500 | 3 | 2 | 1,568 | Off Market | |
0.15 | - | - | - | - | Off Market | |
0.19 | $282,900 | 4 | 2 | 2,432 | Off Market | |
0.22 | $208,400 | 3 | 2.5 | 1,804 | Off Market | |
0.35 | $289,800 | 4 | 4 | 2,484 | Off Market | |
0.42 | $114,200 | 3 | 1 | 2,496 | Off Market | |
0.56 | $311,900 | 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
Price/Sqft
$77
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 is $287,200, with a rent estimate of $1,195/month.
Home Details for 400 1st St
|
|---|
Year Built Year Built: 1920Year Updated: 2024 |
Property Type / Style Property Type: Multi Family |
|
|---|
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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Price per sq ft
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Available listings
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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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