$167,500
SOLD JAN 16, 2026

1001 E Milbank Ave Milbank, SD 57252

5 Beds
3 Baths
3,564 Sq Ft
11,761 Sq Ft Lot

Sale Details

Date Sold: January 16, 2026

$47 Per Sq Ft

4% Below List Price

4 Days on Market

Highlights

  • Luxury Vinyl Plank Tile Flooring
  • Forced Air Heating System
  • Baseboard Heating
  • Milbank Elementary School Rated A-

About This Home

As of January 2026

Investment opportunity in Milbank, SD! This well-kept triplex sits on a larger corner lot and offers steady cash flow with long-term tenants already in place. Recent updates reduce maintenance needs and improve efficiency, making this a great addition to any portfolio. With a convenient location, this is a solid rental property with proven performance! Call today to learn more!

Last Agent to Sell the Property

Nash Colberg

HAUGAN NELSON REALTY, INC License #20559 Listed on: 12/09/2025

Last Buyer's Agent

Emily Madsen

203 Realty License #20698

203 Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 11,761 Sq Ft Lot
  • Lot Dimensions are 85 x 140

Parking

  • 2 Car Garage

Home Design

  • Plaster Walls
  • Asphalt Roof
  • Wood Trim

Interior Spaces

  • 3,564 Sq Ft Home
  • 2-Story Property
  • Sheet Rock Walls or Ceilings
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Linoleum
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Select One Elementary School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 26.06.08.22

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0.27 Acres

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.27
  • Lot Size: 85 x 140
  • Year Built: 1900
  • General Property Description:Style2: 2 Story
  • General Property Description:Above Grade Sq Ft: 2352.0
  • General Property Description:Waterfront YN: No
  • Utilities Heat 1: Forced Air
  • Utilities Heat 2: Baseboards
  • Special Features: None

Interior Features

  • Appliances: Range
  • Has Basement: Full
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • General Property Description:Basement: Full

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • General Property Description:Garage Remarks2: 528 sq ft

Utilities

  • Utilities:Air: Window

Schools

  • Elementary School: Select One

Lot Info

  • Lot Size Sq Ft: 11761.2
  • Parcel #: 26.06.08.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2006
Sold by
V Properties Llc
Bought by
Mcbain Real Estate Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2026 01/16/26 Sold $167,500 -4.3% $47 / Sq Ft
12/09/2025 12/09/25 For Sale $175,000 +118.8% $49 / Sq Ft
11/10/2016 11/10/16 Sold $80,000 -15.7% $22 / Sq Ft View Prior Sale
10/03/2016 10/03/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $94,900 -- $27 / Sq Ft
Source: Northeast South Dakota Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $91,896 $3,226 $88,670
2023 -- $91,896 $3,226 $88,670
2022 $0 $91,896 $3,226 $88,670
Source: Public Records

Agents Affiliated with this Home

  • Nash Colberg

    Seller's Agent in 2026

    Nash Colberg

    HAUGAN NELSON REALTY, INC

    (605) 651-5808

    4 in this area

    86 Total Sales

    Nash Colberg
    Section Image
  • Emily Madsen

    Buyer's Agent in 2026

    Emily Madsen

    203 Realty

    (605) 467-9708

    10 in this area

    27 Total Sales

    Emily Madsen
    Section Image
  • Melissa OFarrell

    Seller's Agent in 2016

    Melissa OFarrell

    HOFTIEZER REAL ESTATE

    (605) 949-1510

    1 in this area

    5 Total Sales

    Melissa OFarrell
    Section Image

  • L

    Seller Co-Listing Agent in 2016

    Lance OFarrell

    MILBANK AREA HOMES

    (605) 949-1510

    21 in this area

    35 Total Sales

    Lance OFarrell
    Section Image
See All Agents

Map

Source: Northeast South Dakota Association of REALTORS®

MLS Number: 30-4805

APN: 26.06.08.22

South Dakota Grant County Milbank 57252

1001 E Milbank Ave, Milbank, SD

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