3-Plex in Watertown

For Sale

416 4th St NW, Watertown, SD 57201

This Watertown property for sale is located at 416 4th St NW. The current listed sale price for 3-Plex in Watertown is $300,000. 3-Plex in Watertown is situated on a lot that is 0.19 acre in size.

Contacts

broker
Joe Caster

eXp Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 2,800 SF
  • Units 3
  • Lot Size 0.19 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1907
  • Date Updated Jul 2, 2025
Located in the heart of Watertown, SD, this area offers a vibrant blend of commercial and residential spaces. Just moments from the property, visitors can explore the historic downtown district, home to local shops, restaurants, and businesses. Watertown is known for its strong sense of community and its abundance of outdoor recreational opportunities, including the nearby Lake Kampeska. With easy access to popular landmarks like the Bramble Park Zoo and the Terry Redlin Art Center, the area provides a balanced mix of urban conveniences and natural beauty, making it an ideal location for office and office building investors seeking a dynamic and thriving community.Introducing an exceptional opportunity for multifamily/mid-rise investors in the heart of Watertown, SD. This historic, 2,800 SF property, originally built in 1907, comprises three units and enjoys a prime location in the desirable Watertown area. Currently boasting 100% occupancy, the property represents a stable and attractive investment with immediate income potential. With its classic charm and solid rental history, this property presents a unique chance to acquire a piece of Watertown's history while enjoying strong rental demand in an established and thriving community.
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Highlights

  • 2,800 SF historic building
  • Constructed in 1907
  • Current 100% occupancy rate
  • Prime location in Watertown area
  • Three units for multi-tenant potential

Getting around

  • 43/100

    Walk Score ®

  • 67/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Watertown, SD
  • Zip Code 57201

Points of Interest

  • Casey's General Store

    0.67 miles

  • Clark

    0.80 miles

  • Sinclair

    1.12 miles

  • Cenex

    1.39 miles

  • Marathon

    3.41 miles

  • Disc Golf & Trail

    0.48 miles

  • Park

    0.82 miles

  • Family Aquatic Center

    1.04 miles

  • Thunder Road

    1.07 miles

  • Park & Boat Ramp Parking

    3.12 miles

  • Boat Ramp

    5.91 miles

  • Camp

    5.95 miles

  • Beach

    6.06 miles

  • Prairie Lakes Caring Clubhouse

    0.30 miles

  • Travel Inn

    1.58 miles

  • Ramkota Hotel & Watertown Event Center

    1.59 miles

  • Super 8 Watertown

    1.61 miles

  • Econo Lodge

    1.82 miles

  • Hampton Inn & Suites Watertown

    2.72 miles

  • Days Inn Watertown

    2.84 miles

  • Country Inn & Suites

    3.05 miles

  • My Place Hotel

    3.10 miles

  • Quality Inn & Suites

    3.15 miles

  • County Fair Foods of Watertown

    0.65 miles

  • Sears

    1.59 miles

  • JCPenney

    1.67 miles

  • Watertown Mall

    1.74 miles

  • Herberger's

    1.76 miles

  • Hy-Vee

    1.81 miles

  • Runnings

    1.88 miles

  • Target

    2.17 miles

  • Aldi

    2.70 miles

  • Walmart Supercenter

    2.81 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Joe Caster

eXp Commercial

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