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101 & 103 E State St, 
Martin, SD 57551

$450,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Calli Kosmicki

RE/MAX Advantage

605-343-7653

Last updated:

July 23, 2026, 08:38 PM

MLS#

179827

Source:

SD BHMLS

About This Home

101 & 103 E State St

Exceptional investment opportunity with endless potential! Situated on a 1-acre lot, this unique property features two separate dwellings, offering flexibility for rental income, owner occupancy or both. The single-family home includes 4 bedrooms (one may not be to code), 1 bathroom, and a spacious living room, all conveniently located on one level. The brick exterior & cove heat provide excellent energy efficiency, with a propane-compatible forced-air furnace available if preferred. Recent electrical updates & cosmetic improvements make the home move-in ready. The neighboring up/down duplex is currently operating as successful Airbnb rentals. Each 792-square-foot unit offers 2 bedrooms, 1 bathroom, stackable washer & dryer, window A/C for the warmer months & cove heat to keep things comfortable during the winter. Financial information is available upon request & all furnishings can be included, making this a truly turnkey investment. The brick home is also available for purchase separately. Don't miss this rare opportunity to own a versatile property with multiple income possibilities!

Home Facts

Multi-Family

Built in 1960

Price Summary

450,000

MLS #:

179827

Last Updated:

July 23, 2026, 08:38 PM

Added:

24 day(s) ago


Structure

Structure

Year Built:

1960


Finances & Disclosures

Finances

Price:

$450,000

Source:SD BHMLS
The information being provided by Black Hills Board Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Black Hills Board Of REALTORS® Mls All rights reserved.

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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.