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Property view
Listing view 2
Listing view 3

516 N Highland Ave, 
Madison, SD 57042

$639,000

—

Bed

—

Bath

6,816

Sq Ft

Multi-Family

Pending

Listed by

Emily Heyn, Cell: 605-270-4401

, 

Brandon Burg

Signature Realty Group LLC.

eheyn.signature@gmail.com

Last updated:

September 19, 2026, 07:51 AM

MLS#

22603347

Source:

SD RASE

About This Home

516 N Highland Ave

Attention Investors! A rare opportunity awaits in Madison, SD, home to the rapidly growing Dakota State University. This well-maintained 8-plex is the perfect addition to any portfolio, whether you're a seasoned investor or just expanding into multi-family properties. Each of the eight units comes equipped with its own refrigerator and stove, and the building also includes a coin-operated washer and dryer set for added income. With its prime location, strong appeal to a wide range of renters, this 8-plex offers an excellent addition to any investment portfolio.

Home Facts

Multi-Family

Built in 1970

Subdivision & Development:

Smith And Trows Addn

Price Summary

639,000

$93 per Sq. Ft.

MLS #:

22603347

Last Updated:

September 19, 2026, 07:51 AM

Added:

4 month(s) ago

Rooms & Interior

Interior

Living Area:

6,816 Sq. Ft.

Structure

Structure

Building Area:

1 Sq. Ft.

Year Built:

1970

Lot

Lot Size (Sq. Ft):

2,199

Finances & Disclosures

Finances

Price:

$639,000

Price per Sq. Ft:

$93 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.