See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

201 S Elm St, Lennox, SD, 57039

6beds
5baths
11,000sqft
$500,000
$45price/sqft
$4,268/moest. monthly cost
$170,720/yrincome needed

About This Home

Lennox SD portfolio, multiple property sale boasting 11,000 sqft and about 1 acre 1 multi family building 8,500 sqft 1 multi family lot, w/ utilities ready to build 1 commercial property 2,500 sqft 5 miles to I-29, 15 miles to Sioux Falls, SD Clean, Wealthy, Prosperous growing area Business Friendly, No State Income Tax Low upkeep and property taxes 201 s. Elm st. Lennox SD 8,500sqft multi family building, .7 acres Built as a church in 1951 New tpo roof in 2026, newer electrical, central air furnaces, drain tile/sump pump, water heater 3,500sqft home finished in basement Attached in-law suite with half bath Main floor has original hardwood floors, exposed brick walls and is open with tall ceilings Has 800sqft 2nd floor loft and roof hatch Planned for 12plus Apartments Huge parking lot room to build 2nd Apt Or room to run your business from Great for semi truck owner operators Or any other business with a fleet Could fit at least 3 semis and 30 cars Taxes are $3,000 yr. Insurance $3,000 Electric $100mo. Water $100. Gas $1000 per winter 4mo, $15mo rest 112 w. 2nd ave. Lennox SD 2,500sqft Downtown Commercial Property Same street 2 blocks from 1st property New tpo roof installed in 2026 New doors/windows, 8x8 garage door Existing lintel for 10x12 garage door Concrete floors, wood burning stove Has half bath but water in not connected Occupied as garage, shop and warehouse Taxes 830yr. Ins $600yr. Electric $15mo $500k for All $450k for multi family building $150k for shop building $100k for multi family lot Will not sell extra lot separately Serious inquiries only

Getting Around

39
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

8/10
Lennox Elementary - 02Grades PK-40.3 mi
8/10
Lennox Jr. High - 08Grades 7-80.8 mi
7/10
Lennox High School - 01Grades 9-120.8 mi

Construction

Condition

  • Year built: 1951

Materials

  • Roof: Other

Type & Style

  • Home type: MultiFamily

Interior

Appliances

  • Appliances included: Dryer,Freezer,Microwave,Range / Oven,Refrigerator,Washer

Basement

  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Flooring: Concrete,Hardwood

Heating & Cooling

  • Heating features: Forced air,Stove,Gas,Wood / Pellet
  • Cooling features: Central

Interior Area

  • Total interior livable area: 11,000 sqft

Property

Details

  • Parcel number: 2501601006

Features

  • Exterior features: Brick,Cement / Concrete
  • Has view: Yes
  • View description: Territorial,City

Lot

  • Lot size: 1 Acres

Parking

  • Total spaces: 30
  • Parking features: Garage - Detached,Off-street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormVery High
  • Tornado
    TornadoVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Drought
    DroughtModerate

How This Home’s Risks Compare

Ice Storm
Tornado
Winter Weather
Cold Wave
Hail
Inland Flooding
Strong Wind
Drought

FEMA Declared Disasters in Lincoln County and South Dakota

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,528$30,336
Home Insurance $321$3,852
Property Taxes $579$6,948
Electricity $840$10,082
Total$4,268$51,216

Income You'd Need if You Spent...

35% on housing$146,331/yr
40% on housing$128,040/yr
45% on housing$113,813/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 18.3%
18.3%
0%30.0%
Electricity Growth Rate10-year average: 2.1%
2.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$45This listing

vs Other Active Listings

Avg $/sqft

ZIP 57039$146
Lincoln County$181

vs Homes Sold Last Month

Median $/sqft

ZIP 57039$181
Lincoln County$195

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-02-17Listed for sale$500,000
2025-11-12Listing removed$500,000
2024-12-09Listing removed--
2024-09-10Listed for sale$550,000
2022-11-07Listing removed--
2022-09-13Listed for sale$500,000

For Sale by Owner

AgentProperty Owner

Similar Homes