Maximize your portfolio with this rare five-unit income property in the heart of Vermillion. Strategically located just one block from the vibrant shops and dining of Downtown Vermillion and within easy walking distance to the University of South Dakota (USD) campus.This property features brand-new appliances and updated bathrooms, complemented by new interior and exterior doors. Practical improvements include fully replaced gutters, ensuring peace of mind for years to come."
For sale
$375,000
125 Prospect St, Vermillion, SD 57069
7beds
4,784sqft
Est.:
Multi Family
Built in 1911
-- sqft lot
$352,400 Zestimate®
$78/sqft
$-- HOA
What's special
Fully replaced guttersBrand-new appliancesUpdated bathrooms
- 22 days |
- 472 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: March 11, 2026 at 10:10am
Listed by:
Parker Erickson 605-660-8444,
Dakota Realty
Source: Northwest Iowa Regional BOR,MLS#: 832078
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 1
- 3/4 bathrooms: 4
Interior area
- Total structure area: 4,784
- Total interior livable area: 4,784 sqft
- Finished area below ground: 2,392
Property
Lot
- Size: 5,662.8 Square Feet
Details
- Parcel number: 157200440013000
- Zoning: R2
- Zoning description: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1911
Community & HOA
Location
- Region: Vermillion
Financial & listing details
- Price per square foot: $78/sqft
- Tax assessed value: $192,714
- Annual tax amount: $4,102
- Price range: $375K - $375K
- Date on market: 3/11/2026
- Total actual rent: 3855
- Tenant pays: Electricity, Gas
Estimated market value
$352,400
$335,000 - $370,000
$1,267/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Listed for sale | $375,000+114.3%$78/sqft |
Source:  Northwest Iowa Regional BOR #832078 Report a problem | ||
| 11/11/2022 | Sold | $175,000-12.5%$37/sqft |
Source: Northwest Iowa Regional BOR #818301 Report a problem | ||
| 8/7/2022 | Listed for sale | $200,000+40.4%$42/sqft |
Source: Northwest Iowa Regional BOR #818301 Report a problem | ||
| 5/15/2020 | Sold | $142,500-10.9%$30/sqft |
Source: Public Record Report a problem | ||
| 2/18/2020 | Listed for sale | $160,000$33/sqft |
Source: Premier Real Estate, LTD #808125 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,775 +3.4% | $192,714 +11.8% |
| 2024 | $3,650 +1.6% | $172,365 +17.8% |
| 2023 | $3,594 +2.2% | $146,375 +0.7% |
| 2022 | $3,517 +13% | $145,365 +2.5% |
| 2021 | $3,113 +5% | $141,817 +1.6% |
| 2020 | $2,964 | $139,519 +4.8% |
| 2019 | -- | $133,099 +7.6% |
| 2018 | -- | $123,643 +3.9% |
| 2017 | -- | $119,058 +0.2% |
| 2016 | -- | $118,778 |
| 2015 | -- | $118,778 +9.2% |
| 2011 | -- | $108,761 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,233/mo
Principal & interest
$1827
Property taxes
$406
More affordability tools
Climate risks
Neighborhood: 57069
Nearby schools
GreatSchools rating
- NAAustin Elementary - 03Grades: PK-1Distance: 0.2 mi
- 8/10Vermillion Middle School - 02Grades: 6-8Distance: 0.5 mi
- 3/10Vermillion High School - 01Grades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Vermillion
- Middle: Vermillion
- High: Vermillion
Source: Northwest Iowa Regional BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 57069
- South Dakota
- Clay County
- Vermillion
- 57069
- 125 Prospect St
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