$40,000

The circa 1890 build date of this South Dakota Italianate fixer upper for sale is actually a few years off as the house shows up on the 1886 Sanborn Fire Insurance Map. The five-bedroom, two-bath fixer upper sits on a tree-lined street of older homes, a beautiful church, and county buildings just a stone’s throw from historic downtown Yankton.

I know the vestibule is a good weather blocker, but it is unsightly. Once you enter through it, however, you are met with a lovely foyer with grand staircase, stained glass and gardwood floors that leads through French doors into the two parlors.

OHU50K actually first featured this home back in September 2022 when it was on the market for $54,900. It sold in October 2022 for $47,500 but is back on the market now for $40,000. 2022 listing photos are at the bottom half of the page.

Porch featured at 411 Walnut St, Yankton, SD, 57078

Realtor Comments

INVESTOR Special! This home will not qualify for financing and will require a cash sale. Boiler system froze last winter and has 5 known cracks in the pipe. This 5-bedroom, 2-bathroom historic home in Yankton’s Downtown District offers plenty of potential for the right buyer. With a brick exterior and original woodwork, this two-story property boasts 11′ ceilings, large windows, and thin plank hardwood floorssome of which have already been sanded and are ready to be refinished. Owner has started some renovation with intent to turn into a 2 unit property. The home sits on 1, 872 sq. ft. of living space and includes a detached garage and a spacious front porch. Its perfect for a renovation project and is sold as-is. Located just steps from the Meridian District, this property offers proximity to downtown amenities. Schedule a showing today to see the possibilities!

5bed
2bath
Circa 1890

411 Walnut St, Yankton, SD 57078 $40,000

Contact Realtor: Mason Schramm with The Move Group
Google Map
AreaVibes

Dining Room featured at 411 Walnut St, Yankton, SD, 57078

Living Room featured at 411 Walnut St, Yankton, SD, 57078

Home Office featured at 411 Walnut St, Yankton, SD, 57078

Location of This South Dakota Italianate Fixer Upper

Here are some pros and cons of living in Yankton, South Dakota:

Pros:

Access to Nature and Recreation: Located along the Missouri River, Yankton offers numerous outdoor activities like boating, fishing, hiking, and camping, especially in nearby Lewis and Clark Recreation Area.
Affordable Cost of Living: Housing and living expenses in Yankton are generally lower compared to national averages, making it an affordable place to live.
Strong Sense of Community: Yankton has a close-knit, friendly community, often with local events and festivals, such as Riverboat Days.
Historical Significance: As one of the oldest cities in South Dakota, Yankton has rich history and historical landmarks, adding a cultural and educational appeal.
Moderate Size: While being small, Yankton offers essential amenities like healthcare, education, and shopping without the overwhelming hustle of larger cities.

Cons:

Limited Job Market: While Yankton has some industries, including healthcare and education, job opportunities may be more limited compared to larger cities, especially in specialized fields.
Cold Winters: South Dakota experiences long, cold winters with snow, which can be a drawback for those not used to harsh weather.
Limited Nightlife and Entertainment: Being a smaller city, Yankton lacks extensive nightlife and entertainment options that larger urban centers might offer.
Distance from Major Cities: While Yankton is not isolated, it’s a bit removed from larger metropolitan areas, with Sioux Falls being the closest major city, about 70 miles away.
Rural Living: Some may find the slower pace of life and rural atmosphere less stimulating if they’re used to the conveniences and diversity of larger cities.

Overall, Yankton provides a balance of outdoor recreation, affordability, and small-town charm, but may not offer enough job or entertainment opportunities for everyone.