210 W Center St Madison, SD 57042

Multi-Family (2-4 Units) MLS #: 827636 Courtesy Of Gateway Real Estate Advisors

$2,500,000

52,044 sq ft
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Est. Property Tax: $18,654
Estimated monthly payments: $12,483/mo.* (recalculate)

Property InformationDescription

The Heritage High Apartment complex is a newly renovated apartment building located just blocks away from restaurants, shopping centers, and other local amenities. The unit mix is composed of six one-bedroom apartments, and twenty-five two bedroom apartments. The historical building has had major capital improvements on top of being completely renovated in 2020. Other improvements over the years include a new clay tile roof with a 75 year warranty, parking lot to the West has been recently resealed and striped, and $200,000 has been invested into the underground parking garage in 2024. This improved property can produce additional revenue through the 14 coin-operated washers/dryers, rent increases, cable fees, and parking fees on the 31-spot underground parking garage. Note: All SF are estimated.
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Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Lot Size: 0.77 Acres

MAP & DIRECTIONS

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210 W Center St, Madison, SD 57042
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School Information

210 W Center St, Madison, SD 57042

Elementary School
Grades KG-5 | Public School
MADISON ELEMENTARY - 07
Madison, SD 57042
700 NW 9th St
605.­256.7721
Distance: 0.8 mi
School Rating
B
Student:Teacher Ratio
15:1
Total Students
504
Middle School
Grades 6-8 | Public School
MADISON MIDDLE SCHOOL - 02
Madison, SD 57042
830 NE 9th St
605.­256.7717
Distance: 1.0 mi
School Rating
C+
Student:Teacher Ratio
13:1
Total Students
277
High School
Grades 9-12 | Public School
MADISON HIGH SCHOOL - 01
Madison, SD 57042
800 NE 9th St
605.­256.7706
Distance: 0.9 mi
School Rating
C-
Student:Teacher Ratio
13:1
Total Students
343
Other Nearby Schools Distance Type Grades School Rating
St Thomas School 0.2 mi Private PK-5
Madison Christian School 1.4 mi Private PK-4
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Madison, SD 57042

Median Age: 40.1
Married: 48%
Number of Households: 3,581
Households with Children: 24.7%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.